The two year anniversary

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As I move into the third year of ownership of my Ferrari F355 it is once again time to step back and reflect on what has transpired in the previous 12 months.

You can revisit my musing at the one year anniversary here:

https://blog.lovethe355.com/2013/09/the-one-year-anniversary.html

So let’s get on with a wrap for the paper anniversary.

Costs

Maintenance costs for any sort of supercar are always going to exceed those of a ordinary road car. Now the most interesting thing this year is that I drove the F355 over 7,000 kilometres which was a 48% increase on what I did the previous year. This was directly reflected in a 48% increase in the amount of fuel I used, so no surprises there.

Interestingly, that usage is about 60% of the usage of my normal road car. Total maintenance costs for the Ferrari fell below $9,000 for the year which was about a 9% decrease over the year prior. That figure also included the cost of insurance which is the major running cost of the car. This year I switched insurers after shopping around (and going through some renewals dramas).

Over the twelve months I did not make any major improvements to the car, unlike the previous year, so the totals costs all up for everything associated with the car was just over $10,000 which was 40% less than the year before.

Travel

The car has now done about 12,500 kilometres since purchase, completing over 7,000 this year (a 48% increase over the previous year as mentioned). That averages out to 142 kilometres per week this year verses 100 the year prior.

This years learning’s

1. As last year, the number one thing you need to have with cars like these is a great mechanic and luckily Sal DiMauro from Racing Red is just that and his assistance in the prior year once again proved invaluable. Answering my questions during my panic with overfilling the car with oil was just one example of what a great job he does. So if you need Ferrari mechanic, Sal’s the man.

2. The car won’t dissolve when you take it out in the rain. Although driving in the wet is far from being the most pleasant experience with the F355, it doesn’t prevent the car from working! After a number of trips in the car this year in quite heavy rain I have shattered my preconception that it only works when the sun is out.

Low Points

1. Backing the car into a road sign and splitting the bumper.

2. Overfilling the oil level.

3. Insurance woes

4. The car getting over sprayed by a fire extinguisher.

High Points

1. Every day I get to see the car. Whether under a cover or from behind the wheel, I thank my lucky stars every time.

2. Finally taking the car onto the track.

3. Road to Sydney Cavalcade.

4. Ferrari Racing Days.

The year ahead

The end of this calendar year will be a major maintenance appointment for the car. It will the engine taken out and serviced and the timing belts replaced. This has always been a know quality with the F355 as it needs doing every 3 years or 15,000 kilometres. I will also probably take this as the opportunity to get the shock absorbers refurbished as they have been showing signs of wear. All this won’t be cheap but it needs to be done.

I see the car doing more kilometres given the number of outing that the Ferrari Club is undertaking. This is also in part due to my increased confidence with the car and the realisation that it isn’t going to ‘fall apart’ just by being driven long distances.

Summary

Owning a Ferrari F355 still challenges me but I am finally beginning to be more comfortable with driving it. I doubt whether I will ever be as casual about driving as I am with a normal road car but another year’s worth of driving the F355 has greatly increased the comfort levels.

I also think that ‘repairing’ the bumper that I cracked has overcome much of the fear I had about doing something ‘wrong’ to the car, simply because I DID something wrong if you know what I mean. Actually sanding, filling and painting the car has perhaps removed that ‘pristine’ misconception I had about the car. The difference this year is that rather paying someone to fix a problem (like the dent I previous put in my door) I had a go at fixing it myself. Although far from perfect, I was rather proud that it turned out as good as it did. Most importantly, I learnt a lot throughout the process.

I have been on so many amazing drives this year where it was simply a pleasure to put the roof down and just drive along. Doing so has allowed me to experience some great scenery as well as interact with some great people from the Club. That, above everything else, has made the previous twelve months ownership more than worthwhile and something I’m so glad has happened.

The final note is a thanks to anyone who reads or follows along with this blog and my YouTube channel.I need to get back to making more videos which I promise to do soon. Hope you have enjoyed another year of ‘entertainment’ and hope you’ll stay with me to see what transpires in the coming 12 months.

The above video is what I reckon is my best one for the year.

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