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You are 20, living at home, and want to buy a mid-80's Bentley with only enough to insure it for 6 months? Good luck with that.
$3000 a year in upkeep is approaching modern Ferrari ownership costs. That is pretty disappointing for the BMW's case.
Wow, that's disappointing. My G35 with 85k miles only costs me about $100-400/year and I use it at the track.
With that said I don't know what PCCB or Vanoos is...
if you want your ferrari to cost $3000 a year in maint and service, you better not drive it then just go in for the annual fluid services lol
because engine needs to be redone every 30k, trans every 10k?
ferrari brake service is marsupialed because they use brembos and rotors for fronts alone are $1k ... so $2k for brakes not even including pads and service @ $300/hr
Nah, I believe that I could get away with having a used (well picked out) modern Ferrari for a couple years, hope and pray a little just as with any used car, and put about $3K (maybe a little more) of maintenance into it per year over 2 years or maybe 3, barring tires. Consider that I would drive about 1500-2000 miles a year on a car like this and pull a Sir F and have a daily driver that would be totally less sexy to put the other 3000 or so junk miles on; that works out to up to $2/mile for maintenance. That is double what Ferrari owners tend to agree on with modern Ferraris like the 360, 550/575, 430, if maintained by a private shop - which I have plenty to choose from in my area, about $100/hr. Lots of Ferraris in this town and lots of indie shops and specialists. The Japanese have shops that specialize in just about any worthwhile car out there, so I'm not worried about that part. The car would stay in pretty perfect condition.
If I had a Ferrari, it'd never see the 10K miles needed for the ****** service, let alone 30K, it'd be gone by then. If it's a belt-run motor I would figure on doing S-belts once, just in case, and maybe an F1 pump or something like that, but those are maintenance items.
I have been thinking about all of this because the cars I had already thought about getting all sound somewhat similar in terms of maintenance requirements and costs, and yes, including the M5 - the E60 I would probably expect to put the same kind of money into for maintenance per year. That led to me to realize that I don't have a family to drive around, and what I really want is a sports car - a 575M costs the same as a nice used M5, albeit about 5 years older - just an idea I've been tossing around. A 575M isn't the hottest Ferrari out there and doesn't have the brute presence of the 599, but the difference is that I can afford to own the former plus a compromise in a daily driver, and the latter is in a different league in terms of cost.
The clutch is a known weakness in the E39 M5. You'll need to replace that thing often.
Also, don't resurface your brakes. Get new rotors especially if you're going to overhaul everything else. BMW rotors are not designed to be resurfaced anyway.
Wheel bearings don't need to be replaced unless they're shot, and it will be obvious when they are because they make a lot of noise.
i dont like to rely on luck or prayer...
i like to rely on knowing and eliminating the unknown... which is why i pay
i wouldnt dip into a ferrari if i am financially aware of money...
when i want to get a ferrari is when ... i would rather be filthy rich enough that i can just drop it off at the dealer and swipe my centurion card whether if its $5k or $50k and not blink an eye about it....
money buys a lot of things including sense of security