- Sep 9, 2003
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I was browsing cars on Ebay today, looking at Ferraris (not planning on buying). The highest mileage one I saw had I think about 46k on it. So I got to thinking. If I was filthy rich, and had lots of time on my hands (think lottery winner) I'd like to buy a brand new Ferrari...and drive the shit out of it. In the name of science, of course. All to answer the question:
What would it take to drive a Ferrari into truly "high mileage" territory?
For starters, let's say 250 - 300k, although this could of course be increased. I'm talking like drive the car cross country just for fun, tour the USA, etc. Happily racking up hundreds of thousands of miles on a car designed primarily to spend its life as some rich person's pampered garage queen, rarely even seeing the light of day - let alone rain, winter, and other crappy weather you wouldn't dream of subjecting your Ferrari to if you were normal. I would probably keep some sort of website, and document every cent spent on the car - one category for consumables / maintenance...oil changes, tires, brake pads, etc. would go here. The other category would be necessary repairs that don't qualify as maintenance or expected items.
This would involve a brand new car, fastidiously maintained since day 1 and mile zero. Mainly expressway driven (with proper care given to engine break in, etc) and not driving it like it was stolen. Well, maybe an occasional triple-digit run or hammer on the pedal
I'm only human, of course.
So, what do you all think? At what point / mileage would the repairs exceed the original value? Not counting scheduled maintenance, but actual unplanned repairs? What would the dollar amount be to get it up to 250k? 500k? 1 million? At what point (if any) would it just become too far gone to keep running? How much residual value would this car hold with 500k+ on it (with all documentation of work done)?
For discussion purposes, let's use an F430 base model as the test car, as that's the cheapest current Ferrari I could find. MSRP approximately $188k.
I know Edmunds and Car & Driver did something kind of like this, but they didn't put on anywhere near the mileage that I'm talking about. Just kind of curious to see what everyone thinks.
What would it take to drive a Ferrari into truly "high mileage" territory?
For starters, let's say 250 - 300k, although this could of course be increased. I'm talking like drive the car cross country just for fun, tour the USA, etc. Happily racking up hundreds of thousands of miles on a car designed primarily to spend its life as some rich person's pampered garage queen, rarely even seeing the light of day - let alone rain, winter, and other crappy weather you wouldn't dream of subjecting your Ferrari to if you were normal. I would probably keep some sort of website, and document every cent spent on the car - one category for consumables / maintenance...oil changes, tires, brake pads, etc. would go here. The other category would be necessary repairs that don't qualify as maintenance or expected items.
This would involve a brand new car, fastidiously maintained since day 1 and mile zero. Mainly expressway driven (with proper care given to engine break in, etc) and not driving it like it was stolen. Well, maybe an occasional triple-digit run or hammer on the pedal
So, what do you all think? At what point / mileage would the repairs exceed the original value? Not counting scheduled maintenance, but actual unplanned repairs? What would the dollar amount be to get it up to 250k? 500k? 1 million? At what point (if any) would it just become too far gone to keep running? How much residual value would this car hold with 500k+ on it (with all documentation of work done)?
For discussion purposes, let's use an F430 base model as the test car, as that's the cheapest current Ferrari I could find. MSRP approximately $188k.
I know Edmunds and Car & Driver did something kind of like this, but they didn't put on anywhere near the mileage that I'm talking about. Just kind of curious to see what everyone thinks.