Ferrari Mailing List: Re: Cost of Ferrari Ownership

[Rick Lindsay (rolindsay]

Yep.  Agreed.  I just face daily, people who believe
the farce that a Ferrari will bankrupt the owner. 
They're expensive but so is a Toyota - because of the
depreciation.   ...but you know that.

rick

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

> 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.
> 
>
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