FERRARI 512 (1994)
Running costs, common problems, and reliability data based on 34 real MOT tests in 2024.
MOT Pass Rate
88%
Total Tests (2024)
34
Avg Mileage
28,306 mi
Est. Annual Cost
£2,247
Is the 1994 FERRARI 512 reliable?
Good reliability. Occasional issues but generally solid. That's 6 points above the national average of 82%. It falls below the FERRARI brand average of 96%.
At 30 years old, 88% of FERRARI 512s from 1994 passed their MOT first time in 2024. That's based on 34 tests across the UK. The average mileage at this age is 28,306 miles.
How does the 1994 FERRARI 512 compare?
Mileage Analysis
The average 1994 FERRARI 512 has 28,306 miles on the clock, which is significantly below the expected 222,000 miles for a 30-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 1994 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 1994 FERRARI 512
The 1994 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 13% of all 1994 cars for reliability.
With an average of 28,306 miles at 30 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.
1994 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 1994 FERRARI 512?
Total estimated annual running cost is £2,247 (£187/month), broken down as £1592 fuel, £250 road tax, £55 MOT, and £350 predicted repairs. Repair costs are moderate, reflecting the 88% pass rate. Keeping on top of servicing will help avoid surprises.
Buying a Used 1994 FERRARI 512
At 30 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 1994 FERRARI 512
If reliability is your priority, there's one similar car with a higher MOT pass rate. Here are comparable petrol cars with similar engines:
- MERCEDES SL (1995) 85% pass rate (-3%) from 1,627 tests
- TVR CHIMAERA (1994) 83% pass rate (-5%) from 433 tests
- MERCEDES 500 (1993) 85% pass rate (-3%) from 324 tests
- TVR GRIFFITH 500 (1995) 90% pass rate (+2%) from 225 tests