Ferrari Mailing List: Re: Cost of Ferrari Ownership

[Peter Pless (ferrarilist]

Yeah I know...i wasn't complaining...i know what they cost...and I'm on my
6th so it obviously doesn't worry me...i was just passing on the info,
really.

 

-----Original Message-----
From: Rick Lindsay [mailto:rolindsay [at] yahoo.com] 
Sent: Thursday, 24 January 2008 9:33 AM
To: Peter Pless
Cc: 'The FerrariList'
Subject: Re: [Ferrari] Cost of Ferrari Ownership

Peter, I paid $29k for our Land Rover two years ago. 
It's value now is about $15k for a loss, not counting $500 is services, of
about $7k per year.  

My SL500 was also $29k just under three years ago. 
Sold it for $12k after investing $6000 in repairs. 
That's about $8k per year.

I know that is not what you were originally talking about but if one
considers total out-of-pocket...a Ferrari that holds its value doesn't look
so bad.

As for the 456 vs 550, I have heard nothing but bad about the 456 and
nothing but good about the 550. 
Strange that.  Also, look at the value of a 456 versus time and you'll see a
chart worse that our stock market!  I looked at this because I considered a
456 for a while.  Ended up keeping my 308GTB and buying a new M-B C300.
Forza uh... Ferrari!

:-P

rick

--- Peter Pless <ferrarilist [at] pless.com.au> wrote:

> My 355 is in the process of getting and engine rebuild and a full 
> respray.
> Once this is done, the car will average costing me just over $10k per 
> year all up.