California man who drives Ferrari 360 Modena leaves people surprised after sharing how much it costs to maintain

This man has been using his Ferrari 360 Modena in California as a daily and the maintenance costs are surprising.

The 360 Modena exists in a strange limbo.

Because you could call it modern or a classic, and you’d be correct either way.

But one thing stood out.

This Ferrari is the sweet spot

California-based YouTuber FML (Ferrari Matt Life) has been driving a Ferrari 360 Modena almost every day for a while, and the costs are surprising.

Because it’s an Italian supercar, you’d expect those costs to be sky-high.

And they are, but with a catch.

But we should probably start with a bit of context.

The Ferrari 360 Modena was unveiled nearly 30 years ago and it’s modern enough to be usable every day, but still old enough that you could call it a classic.

When it was launched in 1999, supercars were expensive but not completely unattainable

Also, while they were precious, people still actually drove them.

Back then, the 360 Modena was an entry-level model, which came with an MSRP of $138,000.

Today, the cheapest Ferrari you can buy costs twice as much and, in general, people tend to keep these cars in the garage so they can flip it later.

But this guy has been using it, and maintenance costs are not what you expect.

It wasn’t cheap, but that’s not the car’s fault

The short answer to the original question is: this 360 Modena could’ve been ‘cheap’ to maintain, but it wasn’t because the owner made a few mistakes.

This Californian YouTuber admitted that when he first bought the car, it came with no service records and several serious mechanical issues.

This led to the first big expense when he had to replace a few components, including the gearbox, for $50,000.

After that, it was all smooth sailing.

Over roughly 18 months of driving, actual maintenance costs totaled just under $5,000.

This figure included routine servicing as well as unexpected inconveniences, such as a brake switch failure that only cost $35.

Annual servicing – with an oil change, basic parts, and fuel – comes to $1,000.

That’s incredibly inexpensive for a relatively modern supercar.

What’s the final verdict?

When everything is added up, including the price of the car itself, major repairs, and ongoing maintenance, he estimates he has spent just under $130,000 on the Ferrari 360 Modena.

That’s not horrible, but not great either.

Matt found himself in a catch-22 situation: you can buy a cheaper supercar that might cause major trouble, or you can buy an expensive modern one under warranty that won’t give you a headache, but certainly won’t be cheap.

His advice was straightforward: if you can afford a new or used supercar, buy one with a warranty.

Still, spending less than five figures on routine maintenance on a Ferrari is still a shockingly low figure.