A return to form: Say hello to Banana MK2, the Italian Prancing Horse (Ferrari 458 Italia)

Hides his M5Comp in the garage, Agrees somewhat though. But then its also nice and refined on a sunday drive.

However there isn't much sense of occasion that you get with a Ferrari or Lamborghini. And considering the price difference isn't "that" much... However I do still love the M5. But would love a screamer


E60 M5 they scream nicely. ;)
 
Hi there

Had the Ferrari for over three years now, I've stopped extending the warranty, rather keep the £2500-3000 in my pocket especially as it only covers the stuff which tends not to fail.

Car is booked in for a service along with new drive belt and brake fluid change end of month at a cost of £1250 as this is my first paid for service as the car is now out of its seven year free service programme. So the service cost is not so bad really, that is at a main dealer too.

Also just grabbed a set of carbon door sills for the car at half price from main dealer, £730 compared to £1599 usual price so thought I'd give it a treat. Also grabbed a full steel conversion for the car, it is a gamble but if it improves the braking performance as I hope it will then the car will be more enjoyable on track, if not then my next option is a set of Surface Transforms.

In my ownership so far the car has pretty much been faultless and totally trouble free, in the last three years it has cost me £2800 for years warranty, something I am not continuing, £700 for some new exhaust brackets, £1000 for a set of Michelin PS4S which are now nearly worn on the rear but a nice forum member and other 458 owner essentially gave me his set of rear PS4S for free as I was struggling to source any new. In short warranty cost aside it has cost less than £1000 a year in servicing and consumables, just add fuel, pay tax and insurance, most of all enjoy. The car has not really depreciated, if it was sat on the same miles as the day I got it then it would now be worth around £20,000 more than I paid, but as I've driven it the value is holding around the 150k mark, which is what I paid. No plans on selling!

Car is now sitting on 25,200 miles, it gets driven!

Great time at Supercar Fest, some videos and photos people snapped on t he day of the car:




image00004.jpg image00005.jpg image00002.jpg image00003.jpg IMG_5489_1.jpg



There is nothing I really want to change it too, would not mind a Speciale but it is not twice the car and a Speciale would also mean no more long distance road trips due to the much smaller boot and their mileage sensitivity, I can essentially just keep driving this and not really lose much if any money. :)
 
So I decided to compliment the carbon interior with some official carbon kick plates which cost an eye watering £1599 for the pair but was able to talk a Ferrari dealer down to £730 for a brand new set:


Before:

CF68A02D-AD28-44BC-8D47-CA41A3B853FE.jpeg


After:

0B0099D3-EE33-4BE6-A768-51AD89811866.jpeg A0CFD638-6FD1-42E1-92E3-BF150132BF1B.jpeg


Really happy with them. :)
 
Hi there

Dropped the car of for its annual service today and brake fluid cap resevoir recall:

Ferrari_Service.jpg



Service all OK and a clean health check.

The keen eyed will also spot the car is now on the steel disc.

I fitted these at the weekend, was an absolute doddle fitting brakes on this car, clearly made for very easy pad and disc change overs, no doubt for when they used to race them.

B1.jpg

B2.jpg




The steels are an absolute transformation in performance and feel, a lot more initial bite but at the same time a more progressive and feelsome pedal. Not sure on all out braking ability yet as I am still gently bedding them in so far, so just a few stops from 60 down to 30 and 70 down to 30 but it is easy to ABS threshold brake now, so at town speeds and legal country road speeds the steels perform and feel better. The dust however is not as welcome.

Also the ceramic disc weigh 6kg each all round, the front steels were 13kg and rear steels 12kg. So quite a bit of unsprung added, hard to say if I can notice maybe the ride is marginally firmer. Ferrari check my work / install on the brakes and said they could find no issues with the install, job well done. :)

Service was £1250 which also included brake fluid and a new drive belt. I think this is the first service I have paid for since owning the car. :)

Also spotted a couple of 296 lurking and wow what a beautiful looking car in the flesh it is, photos don't do it justice.
 
Last edited:
Hi there

Well its coming upto four years ownership now and nearly 15,000 miles, I am not adding as much mileage these days due to it not been used as a daily but to sum up ownership cost in 4 years:

Purchase price: £152,000 (2014 car with 12,000 miles).
Current value: £160,000 (2014 car with 12,000 miles today is around £180-190,000 with similar spec)


The above is same dealership selling a car in the closest spec I can find to mine which is lesser spec by around £30,000 in options so its fair to say they'd list it for more, the last triple yellow they had several months ago sold within a couple of weeks as they are now highly sought after, due to rarity of the triple yellow option and most owners hanging onto them, same as I plan to do so.

Servicing cost: £2500 including upcoming service the rest were free as it was within its 7yr service pack been a 2014 car.
Repair cost: exhaust brackets £700
Corrosion issue: £1600
Warranty extension: £2500 (no longer bothering)
Tyres: PS4S all round: £1200
Another set of PS4S rears: £50 (Ferrari friend and yet to be fitted)
Steel brake conversion: £1500
New rear ceramics: £1600 (still in boxes as running steels)
Alignment: £120

Then fuel, insurance, tracker, road tax etc.

Running cost so far have been not so bad, I am sure as the car gets older and miles increase the running cost will no doubt do so as well, but it is a long term keeper.

Still totally love the car, it is nothing short of amazing and proven by the market now that 458 values are going up so much to the point now 488's of similar mileage now cost less.



Some pictures from 2022:

4yr1.jpg 4yr2.jpg 4yr5.jpg




Shall see if we can get it beyond 30,000 miles this year. :)
 
Hi there

Drove car to work yesterday, came home parked up, then reversed it up driveway.
This morning spotted what looks like an oil slick on front drive.

Instantly heart in my mouth, walks to Ferrari looks underneath, oil, pulled the diffuser and could see oil leaking from a hole on out gearbox casing.

Spoken to two main dealers and a specialist, all confirm the same an internal seal has failed in the gearbox, once the specialist got my photos he confirmed exactly what it is:
"Definetely primary shaft seal has failed, seal comes with new casing and a new speed sensor which can also fail, he recommends putting new pressure sensors in as well whilst the car is dismantled. He is coming back to me with a bill."

Ferrari mentioned £3300 plus VAT for the shaft seal as it comes as a kit plus some other bits and roughly 20 hours labour. They are going to do some investigating and come back to me Monday, but probably looking at around a £10,000 bill, the saving grace is the warranty would not have covered this as its an oil leak.


o1.jpg


o2.jpg o3.jpg o4.jpg
 
Last edited:
This is the bit that really gets me. Nearly £4k in parts for some seals and a sensor or 2, what the toffee are they made out of.

See it across all brands, on car X gearbox casing is £300 yet on car Y gearbox casing is £3000. I get the whole it does cost more as they make less of them, so have to get cost back on mould, template etc but it is fair to say the profit margins are sky high, just how the world works.

I don't even need the casing, it is the seal that has failed, so need to investigate if I can just get the seal. Labour is the killer with 20hrs and around £200 per hour.
 
Last edited:
I completely understand the brand tax side of things, but you know full well that it won't be a proprietry special super amazing seal. It'll be something that costs a tenner. To me it really leaves a bad taste in the mouth.
 
Wowsers you are obviously capable and have the tools and space do it yourself.

That age now how many other little seals are starting to perish for more big bills.
 
Last edited:
Back
Top Bottom