FERRARI 512 (1993)
Running costs, common problems, and reliability data based on 34 real MOT tests in 2024.
MOT Pass Rate
94%
Total Tests (2024)
34
Avg Mileage
17,871 mi
Est. Annual Cost
£2,097
Is the 1993 FERRARI 512 reliable?
Excellent reliability. Very few MOT failures. That's 12 points above the national average of 82%.
At 31 years old, 94% of FERRARI 512s from 1993 passed their MOT first time in 2024. That's based on 34 tests across the UK. The average mileage at this age is 17,871 miles.
How does the 1993 FERRARI 512 compare?
Mileage Analysis
The average 1993 FERRARI 512 has 17,871 miles on the clock, which is significantly below the expected 229,400 miles for a 31-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.
How much does a 1993 FERRARI 512 cost to run?
Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT pass rate data. Insurance not included.
Checking a specific FERRARI 512?
Enter the reg plate to see its individual MOT history, mileage verification, and predicted costs.
About the 1993 FERRARI 512
The 1993 FERRARI 512 is a luxury with a 4943cc petrol engine. 34 of these vehicles were MOT tested in 2024, making it a rare model on UK roads. It ranks in the top 5% of all 1993 cars for reliability.
With an average of 17,871 miles at 31 years old, FERRARI 512 owners tend to use this car less than the typical driver. Very low mileage could mean the car has been garaged or used only for short trips, which can cause its own issues like battery drain and moisture buildup.
1993 FERRARI 512 Fuel Costs
The 4943cc petrol engine is on the larger side, so fuel won't be this car's strong point. Expect around 30 mpg in mixed driving, which works out to roughly £1,592 per year at current petrol prices of 142p per litre (based on 7,400 miles per year).
What does it cost to own a 1993 FERRARI 512?
Total estimated annual running cost is £2,097 (£175/month), broken down as £1592 fuel, £250 road tax, £55 MOT, and £200 predicted repairs. The low repair estimate reflects the excellent 94% pass rate. These cars rarely fail their MOT, so unexpected bills are less likely.
Buying a Used 1993 FERRARI 512
At 31 years old, the FERRARI 512 is firmly in budget territory. Purchase prices are low, but check for rust, worn suspension bushes, and electrical gremlins. A full service history is especially valuable at this age. Note: with only 34 tests in our data, these figures should be treated as indicative rather than definitive.
Alternatives to the 1993 FERRARI 512
The FERRARI 512 is actually the most reliable option among similar petrol luxurys from this era. Here are comparable petrol cars with similar engines:
- MERCEDES SL (1995) 85% pass rate (-9%) from 1,627 tests
- JAGUAR XJS (1991) 85% pass rate (-9%) from 659 tests
- TVR CHIMAERA (1994) 83% pass rate (-11%) from 433 tests
- MERCEDES 500 (1991) 87% pass rate (-7%) from 356 tests