Was Michael Mann's Unique 2001 Ferrari 456M GTA a Steal at $69,500?
The 2001 Ferrari 456M GTA might not be the first model to spring to mind when you think of the Prancing Horse, but it brings a unique blend of V12 power, luxury, and a genuinely scarce presence on the roads. While it's more of a grand tourer than a raw, track-hungry sports car, this 456M holds a special allure for those who crave the cachet of owning a Ferrari without delving into the stratospheric price tiers of its stablemates. But let’s delve deeper into what makes this particular model so fascinating and question whether its $69,500 asking price is worth it.
Ferrari’s history with 2+2 grand tourers spans decades, yet only two models—up until the point of the 456’s debut—held this mantle. Introduced in 1992, the 456 stepped in to fill the shoes of the outgoing 412. The car served as Ferrari’s flagship 2+2 grand tourer for a decade, marking an era where comfort met high performance. And it wasn't just any mere update—the 456M, with 'M' standing for Modificata, brought subtle but significant changes to the table. From engine tweaks to a carbon fiber hood—the first on a road-going Ferrari—these refinements made it a standout.
The heart of any Ferrari is its engine, and this 456M's F116 V12 doesn’t disappoint. This engine is an evolved version of the Dino V6, but notably, it features a 65° splay between its banks, as opposed to the more conventional 60°. This quirky angle provides a unique firing order and, with the M version's Bosch fuel injection update, smoother starts and running. The 5.5-liter engine churns out an impressive 436 horsepower and 406 lb-ft of torque. For a car tipping the scales at nearly two tons, it's remarkable that it can sprint from 0 to 60 mph in just over five seconds—lightning quick for its era.
Grand Touring Excellence
The 456M represents the epitome of grand touring excellence. The 'A' in the GTA stands for automatic, referring to its four-speed automatic transmission—a component that might be a deal-breaker for purists longing for Ferrari's iconic gated shifter. Yet, for those who savor the grand touring experience over the freneticism of manual shifting, this gearbox makes for a relaxing drive while still offering plenty of grunt when called upon.
It's worth mentioning the historical significance of this model's composite materials. The switch from a plastic to a carbon fiber hood was groundbreaking, embodying Ferrari’s innovative spirit even in a grand tourer. Moreover, the 456M holds the distinction of being the last Ferrari equipped with pop-up headlamps until the modern-day Daytona SP3—a small but important nod to the brand’s stylistic lineage.
A Closer Look at the Offering
This particular 456M GTA stands out not just for its mechanical prowess but also for its aesthetic choices. The striking white paint job, accented by black highlights, lends it an appearance reminiscent of a gambler's die. Adding to its allure, the car comes with a clean title, original manuals, tools, and even it’s fitted luggage—an enhancement that emphasizes its tourer capabilities. Despite having logged 38,169 miles, it’s advertised as being 'Very nice,' with recent and likely expensive belt service already carried out.
The current owners have also added their personal touches. An aftermarket Alpine stereo system replaces the standard Becker unit, and the wheels come from a 550 Maranello—another legendary Ferrari grand tourer. While these modifications deviate from factory specifications, they arguably enhance the car's usability and aesthetic appeal without detracting from its core identity.
On the downside, the interior is beginning to show its age, a natural outcome for a car that’s over two decades old. More significantly, it belongs to the approximately 650 units of 456Ms equipped with the automatic transmission. For some, this 'automatic-itis' might be a dealbreaker, preferring the tactile engagement of a manual gearbox. Yet, for others, it represents an easier driving experience that doesn’t compromise on performance too much.
Is it Worth It?
The big question: Does the $69,500 price tag make sense? When you consider the emotional and financial aspects of owning a Ferrari, this 456M GTA offers a lot. You’re buying into the legacy of one of the most venerated automotive marques in history. Considering that the price is akin to buying two new Toyota Camrys, the allure of owning a V12 Ferrari becomes almost irresistibly compelling. Yet, this is not just about raw performance or cutting-edge technology; it’s about rolling in one of Ferrari’s most elegant, understated, and versatile models.
So, would you shell out nearly seventy grand for this 456M GTA? Or does the premium price tag consign this elegant grand tourer to the 'nice-to-dream-about' category? Weighing its historical significance, recent service records, and unique features, it’s a question only a discerning and passionate car aficionado can answer. You decide!