I would like to own a Ferrari (I really like the modena)...for a year or two, probably a 1999 or so as I cant really afford newer Ferrari's.

What should I be looking for as far as "gotchas" go and how reliable are they? I would only put about 1-2k on in a year as my Porsche will do all the heavy lifting.

Is there a good "cheap" way to do this. The tax alone on a one year ownership is pricey. Anyway, just getting my feet wet....I probably wont make a move a few months.

 

You would be best to look at Honda & Toyota.

There is no such thing as "cheap" Ferrari ownership.

If you don't have the "dough" don't try to "go".

 

That is just a lame response. There is such a thing as "cheap" compared to "expensive". Essentially, what I am asking is about financial efficiency. How do you go from wanting to drop 100-150k on a toy car to owning a honda?

I could easily by a handful of Ferrari's right now....cash, but I am all about making efficient use of my money. Thats how I got here in the first place.

 

bit of a contradiction there.

 

Ahahaah, owned.

js

 

Afford meaning what I am willing to spend on a third car that is just a sunday driver. I have no interest in purchasing new as I do not see this as cost effective for a 1-2 year ownership.

Was just looking for some help from current owners on getting started...not looking to get picked apart about my financial status. I just bought a Porsche 10 days ago (cash) and now have 100k or so (cash mind you) to drop on toy car...I am doing just fine.

If anyone would like to address the current question that would be great. I will worry about the cash. Yes, I guess I am totally "owned" since I only have 100k or so laying around for a third car that will see a few thousand miles.

With or without the help of people here I will get the car...but I was under the impression this was about sharing with others.

 

OK, nevermind....I found a ferrari forum that has good info. The cost of ownership is easily within my range so just have to find the right one. I was just looking on the wrong forum evidently.

I am getting owned by SLK guys here....ouch, hurts so bad.

 

How old are you?

 

+1

First you say you cant really afford newer Ferrari's, then you say you have no interest. Which is it?

I dont think they are trying to pick you apart, but generally when people come here talking like that, contradicting themselves, its someone who is trying to BS or just lives on fantasy island.

 

As I stated in post 6, there is no contradiction. I want value. Perhaps my choice of words was not the best. What do you mean by "no interest"? I thought it was clear I found an alternate source.

I found a source for what I am after, I see no reason to get flamed here. The hard part now begins in finding the right car.

http://www.ferrarichat.com/forum/sho...=161753&page=2

I am just a very efficient person. I want to find the way to minimize costs regardless if it is a car, house, etc. If people dont understand what "minimize" means, there is nothing I can do to help you. You can minimize the cost of anything and that is what I intend to do. That is what I have always done. Its that simple. That allows you to have and increased level of subsequent buying power.

Besides, what the hell would the be point of asking the question if I was just "BSing" or on "fantasy island"??? I asked the question because I am a member of 6speed (and not a Ferrari forum) and there is a conveniently located ferrari forum here, figured it was a good place to start. My mistake.

 

Why are their so many smarta$$ haters on this site. They guy just wants to stretch his $. Can't blame him for that. You can easily buy a 308, 328, a modial, or a 348 for cash. So I don't understand all the hating.

Hozer, as you have already learned Fchat is the better place for this info. I was in the market for a F360 but decided to get a GT3 instead. The early models are still quite reliable. The only issue is if you get a F1.

GL and let us know about your adventure.

Ritesh.

 

Most likely you'll get the same responses from fchat. The cheapest way is to buy the cheapest 360 on the market, then you'll need to worry about it's service record since the car could cost you more at the end. Thus, the word "cheap" and "ferrari" doesn't go together (I wish it was).

 

Clearly the lowest price car is not necessarily the best value car. I never stated that, never would. The "cheap" or value concept is very simple, yet is apparently difficult to grasp. You buy the car that will cost you the least over a 2 year stretch. Often times this may be the car on the higher end of the scale. Especially since it will see very few miles, getting one in solid condition should I mean I can then turn it around without too much of a hit. The up front $ is insignificant. The key is to minimize (buy cost - sell cost), call this value X. Buying an older will always help you minimize X. Buying new will have a large X value. While I could buy new, it is not a cost efficient option. If you minimize X, you can then move on to the next toy, which is my intent.

Ritesh gets it, thanks.

 

ferrari, regardless of model, has very low "value".
if you are concerned with "value" why buy ferrari?
it's something to indulge yourself in.
it's like when i stuff myself with a dozen of donuts, i dont ask how much calorie i took in. just buy the car and enjoy. life is too short to keep asking questions.

 

I am more a very calculated person, 15 years of engineering school will do that to you. I understand your viewpoint and that is fine, so why is it so hard to understand mine? Part of the fun of it to me is the process of learning and optimizing my strategy. Impulse and emotional buying doesnt do it for me, while I can certainly understand how it does for others. Perhaps I very different from the average owner, I accept that as a possibility.