Re: Spec-ing Our A New Ferrari Order [Ferrari Digest, Vol 26, Issue 37]
From: Adam (flatcrankgmail.com)
Date: Sun, 21 Sep 2008 18:24:23 -0700 (PDT)


On Sep 21, 2008, at 12:59 PM, BRIGANDBAR [at] aol.com wrote:

Adam:

The quick and dirty of it is you are making a significant cash outflow on the car anyway you look at it and I would suggest that you figure out whatever makes you happy and equip it exactly that way. I know there are a lot of experts who can advise you on which options will reward you with the best payback, but IMNSHO shopping for a niche car, as Ferraris are and most probably always will be (at least if the factory can make it work that way, I understand that they like to produce ~5k cars/yr. but also are concerned about keeping the in-line time to ~2 yrs. so as to not discourage potential new car buyers and cause them to divert to something such as a Lamborghini), and as I believe it was Clyde said, the dealers always love to have the buyer take an in-stock used (e.g. trade in from another new car buyer) car to drive in the interim
until their  newly positioned order is filled).

I guess that's the long and the short of it! If I run the numbers and examine the real cost too closely, well, I'd probably just drive my Prius ... but I have a pretty clear picture of the consequences of spending $200K on a car and the lease burden or the cost of opportunity in having cash parked in a Ferrari are manageable, the one thing I'd like to get away from is the depreciation curve. At least to stay higher on the curve.

As noted, Ferraris, especially the 360's and 430's, have become somewhat numerous and the upside of recent production has been quality and lower operating costs. From my last three cars, I know my mileage habits have changed a lot in the last few years, so I feel I'm finally in a position to have a car that I don't expect to rack up the 10K+ miles per year I was tending to drive as recently as about five years ago.

I floated the "let's go to the selection of used cars you have or know you can acquire and pick out something" but it just didn't seem to matter in the grand scheme. This particular dealer is much more concerned about selling the new cars and the only "sweetener" might be a Maserati or the California (both of which I'm prepared to mix into the deal, but again, it's only a sweetener, it doesn't help me get any closer to car like a Scuderia, where the number of "deserving" customers far outnumbers the available production.) I hope this first F430 takes me towards the "next" Scuderia -- that's about all I can expect at this point. No complaints there.


I would add that given the size of the investment, why not just consider a trip to the factory before the due date for bespoking (bespeaking?) the car and examine things from a close-up perspective? I think that the trip may be the best investment you can make in terms of getting exactly what you want, and seeing what is available. I don't know how the Ferrari dealers feel about this, but colleague (who married into far more wealth than I shall ever see) is in the process of ordering a new Phantom and was encouraged to make a trip to Greenwood before finalizing the bespoke order on that car. This way you can see exactly how each of the options look and feel, and can get the answer as to whether you exact requests can be fulfilled or if a compromise that also
makes you happy can  be had.

This is a great idea -- visiting the factory ahead of the order. I tried to get into one of the driving schools, but that's strictly for owners and I was told the factory visits are also restricted, but with an order in the system and my deposit on the books, a factory visit might not be out of the question. Thanks for the idea -- I don't know why I didn't think of it, but I'll pursue this with the dealer this week and see what's possible.


Cheers,

Results generated by Tiger Technologies Web hosting using MHonArc.