Ferrari Mailing List: Re: Cost of Ferrari Ownership

[E M (pokiebaron]

I bought both my 911 and benz used.  If people knew just how affordable they
can be, GM and Honda would never sell another car.  When a friend recently
told me what he paid for an alt for his Tercel, I almost fell off my chair.
I better keep my old 911 and Benz, I don't think I could afford to drive
Tercel.

Ed
911SC
300E

On 23/01/2008, Rick Lindsay <rolindsay [at] yahoo.com> wrote:
>
> 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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