Re: Cost of Ferrari Ownership
From: Robert W. Garven Jr. (rgarvengmail.com)
Date: Wed, 23 Jan 2008 19:15:43 -0800 (PST)
The cost of ownership is killing me. As one of the working poor, having a Ferrari is
a real struggle. I paid 30K for my gt4 and since then I have spent about 10,000 per year
on jackets, horses, shirts, light up signs and do dads! I just dont know what i am going to
do it this keeps up!


Rob

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On Jan 23, 2008, at 2:32 PM, Rick Lindsay wrote:

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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