Talk Morgan said " With a practical hat on, a Ferrari will generally cost more to run, maintain and insure than a comparable contemporary; however, the argument is that it will also more than likely hold a much higher residual value.". As I have said before it doesnt seem to cost any more for the V8s than a similar Audi or Merc. My insurance is £250, tyres are cheaper than many modern cars. The residual comment is dodgy - Ferrari values go up and down like other collectables. Two pals with 328 models have seen their cars go from the £20k purchase price ( second hand - new in the 80s they were about £80k) up again to £80k and currently dropping like a stone. Yes you can defy depreciation with the "special " models as you can with a GT3 Porker but not the ordinary cars.
Howard, do you not find that parts are more expensive than a modern equivalent vehicle costing a similar price? Or is the Ferrari tax a myth? General maintenance and servicing may be reasonable but I have been told horror stories about cost when major work is required. This includes a recent conversation with someone with a Mondial QV that cost half the value of the car (£20k on a £40k vehicle) just to do some, what would have been relatively minor work, on a current production car.
As for deprecation, my point was that comparing a modern car to a near classic must take into account how much new cars lose in the first part of the life-cycle. As we are all aware, most new cars will lose 50%+ of the initial purchase price in the first 2-3 years of ownership (ignoring the strangeness of the immediate years post-pandemic where many used cars were inflated). With a car such as the 360, values may fluctuate but are unlikely to be worth half of what you paid over a few year period (nor gain that value).
