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This $55K Ferrari V12 Looks Like A Steal Until The Service Bills Hit

  • A great looking example of the Ferrari 456M GTA has changed hands for $55,000.
  • The 2+2 grand tourer has an automatic gearbox and just 30,000 miles on the clock.
  • The price is tempting, despite the high maintenance costs of a V12-powered Ferrari.

If you’ve ever dreamed of owning a V12 Ferrari without torching your life savings, it turns out that fantasy might be just within reach—if you’re willing to take on some expensive fine print. A beautiful 2000 Ferrari 456M GTA was recently auctioned for $55,000, proving that a seat in the Prancing Horse club doesn’t always come with a six-figure admission fee.

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More: $70,000 Rolls-Royce Phantom Had A $79,000 Bill From One Service

Sure, getting into a V12-powered Ferrari for the price of a new Toyota Crown sounds like an automotive fever dream, but seasoned Ferrari owners know better, as maintenance bills are always waiting in the wings. That said, this particular buyer landed the car for a fraction of its original MSRP, which was a hefty $229,950 when it rolled off the line 25 years ago. Adjusted for inflation, that’s roughly $426,000 in today’s money.

A Modern Classic That Still Turns Heads

BaT

The 456M GTA pictured here crossed the virtual auction block on Bring a Trailer last weekend. It shows 30,000 miles (48,000 km) on the odometer, has a clean CarFax history, and has passed through the hands of just two previous owners in the States.

Its 17-inch wheels might seem modest by today’s standards, but the Pininfarina-styled body, complete with classic pop-up headlights, has aged more gracefully than many of its peers. This example wears Grigio Ingrid paint—allegedly inspired by Ingrid Bergman’s eyes—paired with a cream leather interior that leans more “elegant GT” than “track-day bruiser.” Despite its age, the car presents well and looks like it’s just begging to be driven.

What’s The Catch?

Originally introduced in 1992, the Ferrari 456 received the “Modificata” update in 1998. That revision brought refinements to both aesthetics and performance before the model was succeeded by newer 2+2 grand tourers like the 612 Scaglietti, the FF, and eventually the five-door Purosangue SUV.

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More: Replacing Sticky Ferrari Buttons Cost One Owner Almost $10,000

Beneath the long, sculpted hood is a naturally aspirated 5.5-liter V12 engine generating 436 hp (325 kW / 442 PS). As the GTA badge indicates, this example is fitted with a four-speed automatic transmission that sends power to the rear wheels. It’s not the enthusiast’s favorite, as manual versions carry a notable premium, but it’s hardly a deal breaker if you’re more about cruising than clipping apexes.

When the Bill Comes Due

Photos BaT

Now comes the part that separates the dreamers from the realists. The real issue with this 456M GTA, or and pretty much any of its stablemates, is the sky-high cost of keeping a 25-year-old Ferrari on the road.

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This specific car’s listing includes detailed service records, one of which shows a 30,000-mile service that cost an eye-watering $18,407. That bill covered extensive work on the powertrain and rear suspension. Another round of maintenance, totaling $8,169, included an oil change, fresh brake fluid, and a replacement rear shock absorber.

Those invoices serve as a clear reminder: while the buy-in might seem like a bargain, Ferrari ownership still means paying Ferrari prices—especially when it comes to genuine parts and specialist labor.

Even so, for those who’ve always longed for a grand touring Ferrari experience, and the unmistakable soundtrack of a Maranello-built V12, this might just be one of the more tempting entry points. Just go in with your eyes open, your wallet braced, and maybe a solid relationship with your local mechanic.

BaT

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