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Old 03-23-2010, 10:54 PM   #1
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Bought a Ferrari (but keeping the Boxter)

Bought this today (photo below). It's 15 years old and has 125 miles on it :-)
No plans to sell the Boxter. Need to have something to take grocery shopping.

Arrives in a week or so.
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Old 03-23-2010, 10:56 PM   #2
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oops! sorry it's so huge!
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Old 03-23-2010, 11:02 PM   #3
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WOW, great find! Congratulations on the prancing horse... looks great!
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Some stuff for sale: M030 S 24mm front sway bar, M030 base 19.6mm rear sway bar, 996 GT3 OEM Porsche Motorsport front strut mounts monoball "camber plates"

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Old 03-24-2010, 12:00 AM   #4
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Wow as in literally 125 miles or 125 thousand miles? Either way it looks very clean. What price range do these sell for in the states? Out here they are around $120,000 AUD in that condition, then again our boxsters seem to be about twice the price...
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Old 03-24-2010, 02:53 AM   #5
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Beautiful vehicle, enjoy it, let us know if you do any wrenching on it and how it is compared to the Box. I'd be interested to know what the normal maintenance intervals are, say valve adjustments and how much they cost.


PS Good luck with the I'm likely speeding red, I never got pulled over so much in a vehicle.
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Old 03-24-2010, 04:01 AM   #6
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Don't know much about Ferraris, other than they are a thorn in the side of the Lizard ALMS team! A friend has had a number of them, including his 430 Scuderia.

I assume from the pic yours is a 355 Spider? Where on earth did you find one with 125 miles? Looks as new, which I guess it is.

Should be great fun...I've driven a handful of Italian marks, including my friends Lambo Murcielago (with paddle shifters).
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Old 03-31-2010, 05:37 AM   #7
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Quote:
Originally Posted by roadracer311
Bought this today (photo below). It's 15 years old and has 125 miles on it :-)
No plans to sell the Boxter. Need to have something to take grocery shopping.

Arrives in a week or so.
Congratulations.

Which transmission does it have?

I've been looking into 355s for a long time, they're the best looking of the truly super V8 cars and Ferraris have never been so attainable, price-wise. I'm not a big fan of the looks of the follow-ons and the predecessors had a few too many "quirks" for me.

The big thing for me is the engine out service. Every 5 years, no matter how many miles you put on the car, you should have the timing belts and other preventative related things replaced at a cost of about $10K. I just can't bring myself to buy a car that will cost me $2k a year in maintenance.

Has your car had it's valve guides and exhaust manifolds replaced?
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Old 03-31-2010, 09:00 PM   #8
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This one is a 6 speed.

It's only got 230 miles on it, so it's completely original, including valve guides and headers. I'm making some small modifications to get as much heat out of the motor as possible, to prolong the life of both. Most valve guide problems and header problems pop up at around 17k to 22k miles or so. At 2k miles per year, I've got a while before I need to worry about that.

A typical engine-out service is about $7k from a good independent shop. When you hear about folks spending $10k or more on an engine out, it's usually because it's been 10 years, or it's never been done, or they're doing valve guides too.

My plan is to have a lift in my garage or my friends garage by the time I need to pull the motor. His car is due for an engine out in about 3 years. I've got nearly 5 years before mine is due.
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Old 04-01-2010, 05:30 AM   #9
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Quote:
Originally Posted by roadracer311
This one is a 6 speed.

It's only got 230 miles on it, so it's completely original, including valve guides and headers. I'm making some small modifications to get as much heat out of the motor as possible, to prolong the life of both. Most valve guide problems and header problems pop up at around 17k to 22k miles or so. At 2k miles per year, I've got a while before I need to worry about that.

A typical engine-out service is about $7k from a good independent shop. When you hear about folks spending $10k or more on an engine out, it's usually because it's been 10 years, or it's never been done, or they're doing valve guides too.

My plan is to have a lift in my garage or my friends garage by the time I need to pull the motor. His car is due for an engine out in about 3 years. I've got nearly 5 years before mine is due.
My friend spends $10k on his '99 every 5 years for his engine out. Labor rates vary so I'm sure it's cheaper (and more expensive) in different parts of the country. If the car's never had it's timing belt changed, I wouldn't wait to do it. It's 15 years old.
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Old 04-01-2010, 07:54 AM   #10
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My car just had a full engine-out service done by a Ferrari dealer a couple months ago, before I bought it. All belts and fluids are new. The thing is sitting on "brand new" 15 year old tires though! Good for concours, not so good for driving! They're getting changed as soon as I get done breaking in the motor.
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Old 04-02-2010, 09:05 AM   #11
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My dad owns a 95 355 Spider. Didn't prove to be a wise investment. Out of the 5 supercars he owns the Ferrari has been the most troublesome and it rarely gets driven. He lost about $60k pretty much half of what he paid in 99' for the car just to own it. That has ruined him on Ferrari partly that and they're really snooty about who owns their cars. He tried to buy a 360 Spider when they came out and he was informed that he had to have owned a Ferrari previously so he bought the 355. Then when the Enzo was set to come out, he tried to get on the list and they told him he needed to own 2 Ferrari's to even be considered. Lamborghini, BMW, Porsche, and Audi had no problem accepting his money though.

He has HRE 547R polished wheels, Tubi exhaust, and MaCarbon interior.
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