What would you buy for $25,000.00? | FerrariChat

What would you buy for $25,000.00?

Discussion in 'General Automotive Discussion' started by ST&A, Jan 7, 2008.

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  1. ST&A

    ST&A Formula Junior

    Apr 4, 2007
    559
    Lake Stevens
    Full Name:
    Sid Thayer
    I have a question for all of here:

    if you had $25,000.00 to buy a car that you can go on car runs with a ferrari club, but did not want the hassles of owning a ferrari what kind of car would you buy?

    I live in the Northwest and i make a good living but can not afford the maintence cost of owning a ferrari.
    I want something that is fun to drive and still be able to look good with other club memebers.
     
  2. Zahiba

    Zahiba Formula 3

    Mar 29, 2005
    1,427
    Victoria, Canada
    Full Name:
    Malcolm
    Alfa Spider, and spruce it up a bit.
     
  3. GrigioGuy

    GrigioGuy Splenda Daddy
    Lifetime Rossa Owner

    Nov 26, 2001
    33,165
    E ' ' '/ F
    Full Name:
    Snike Fingersmith
    Pbug 996 coupe.
    Corvette C5


    If you want an exotic, look at the Lotus Esprit, but your maintenance might be a problem


    Thinking outside the box, a Turbo Lancia Scorpion would run hard, ditto a turbo Fiat X1/9

    edit: I've seen Jaguar XK8 coupes and verts cheap around here. Maybe something to think about?
     
  4. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,600
    Gates Mills, Ohio
    Full Name:
    Jon
    Porsche 993 C2 coupe - very good car, maintenance isn't cheap but nowhere close to Ferrari-land. For $25K, you're looking at a car with some miles on it. But that's OK. I can't stand the 996s, but you could get a newer car for the same money.

    Lotus Elise, used, is a fabulous car if you have something else to drive as a daily. Those get some respect because it's a hardcore driver's car. Toyota engine should hold up well, but with British assembly plan on more service visits than you'd have with a Toyota engine in a Toyota. ;)
     
  5. toggie

    toggie F1 World Champ
    Owner Silver Subscribed

    Nov 30, 2003
    19,036
    Virginia
    Full Name:
    Toggie (Ron)
    Good question.

    First, it seems you've never owned a Ferrari (from what your profile says). So, you might be overstating the actual costs of keeping one on the road. I had this exact same concern until I bought my first one which was a 1988 328 GTS.

    You would not believe how low the costs were when I owned that car for 2 years about 5 years ago. I prepared myself for $5k - $10k in ongoing costs but ended up only doing oil changes and I put a new battery in it. I think my total maintenance costs for 2 years was under $500! YMMV.

    If you buy a 328 GTS that has service records, has just had the major engine work done to it, and everything checks out in a PPI, you are very likely to have a great Ferrari ownership experience. Plus, if you buy the car halfway between top retail price and trade-in wholesale price, you could probably keep the car for 3 years and possibly make a little money on it.

    5 years ago, my 328 cost around $45k. Now the same car, in similar condition, goes for about $55k.

    Give some thought to "taking the plunge" and buy yourself a 328. I like the 88 and 89 model years but the 86 and 87 ones are slightly cheaper in the marketplace and also have a great reputation for reliablility and holding their value. It will cost more than $25,000 but it will be worth it.
     
  6. djui5

    djui5 F1 Veteran

    Aug 9, 2006
    5,418
    Phoenix, Arizona
    Mini cooper :) Maybe a WRX STI, though you could catch some flak for that one.
     
  7. DMOORE

    DMOORE Formula 3

    Aug 23, 2005
    1,720
    San Diego
    Full Name:
    Darrell
    Porsche 993. Check out rennlist. Lots to choose from.


    Darrell.
     
  8. anunakki

    anunakki Seven Time F1 World Champ
    Owner Rossa Subscribed

    Oct 8, 2005
    78,952
    Las Vegas Nevada
    Full Name:
    Jerry
    Porsche 993
    Viper (early model w miles)
    Lotus Espirt (maintenance may be brutal)

    Havent seen an Elise under $30k that hasnt been run into the ground or that would be good.
     
  9. scycle2020

    scycle2020 F1 Rookie

    Jan 26, 2004
    3,477
    potomac

    good choices, I totally agree...
     
  10. scycle2020

    scycle2020 F1 Rookie

    Jan 26, 2004
    3,477
    potomac
    I would also thrown in a used honda s2000 or a used porche boxster
     
  11. rcm360

    rcm360 Formula Junior

    Nov 16, 2003
    343
    Kansas
    Full Name:
    Reese
    I agree with the 993, but you also might want to look at the 964 style of 911's (1989-90 to 1993-4?) and save some money. This was the first sports car I owned, 1991 C4 coupe, Red/Linen. I would own that car again today.
     
  12. Rexcoltrain

    Rexcoltrain Formula Junior

    Nov 6, 2003
    671
    Oahu, Hawaii
    Boxster S or nicest 911 I could buy on that budget. 911 in that range would most likely be done depreciating, unless it's a 996. And a $25k 996 has a very good chance of being just as big a hassle as a Ferrari.
     
  13. Wade

    Wade Three Time F1 World Champ
    Owner

    Mar 31, 2006
    32,793
    East Central, FL
    Full Name:
    Wade O.
    #13 Wade, Jan 7, 2008
    Last edited by a moderator: Sep 7, 2017
    Maybe a support vehicle? With one of these they'll all want to buy you lunch, dinner, gas, etc for carrying their gear. Don't forget a couple of fire extinguishers for that rare and unthinkable moment. And a jumper cable for the embarrassing times as well.

    Unfortunately the gas mileage is about on par with the group but on the plus side your fuel tank will have almost twice the capacity.

    Excellent 2004 and 2005 EXTs can easily be had for $25K in most large metropolitan areas.

    This one has a supercharger ;)

    http://cgi.ebay.com/ebaymotors/CADILLAC-ESCALADE-EXT-SUPERCHARGED-BLACK_W0QQitemZ160194867595QQihZ006QQcategoryZ6148QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
    Image Unavailable, Please Login
    Image Unavailable, Please Login
     
  14. Auraraptor

    Auraraptor F1 World Champ
    Lifetime Rossa Owner

    Sep 25, 2002
    13,990
    MO
    Full Name:
    Omar
    1997 or 1996 BMW E31
     
  15. 2NA

    2NA F1 World Champ
    Consultant Owner Professional Ferrari Technician

    Dec 29, 2006
    18,221
    Twin Cities
    Full Name:
    Tim Keseluk
    Forget about a Lotus Esprit. Maintenance could make a 308/328 seem cheap.
     
  16. Darolls

    Darolls F1 Veteran
    BANNED

    Jul 2, 2003
    7,782
    Full Name:
    Sparky
    Drive your 66' Mustang and enjoy the ride.

    Save the 25K and add to it, till you've saved enough to afford what you want!
     
  17. rollsorferrari?

    rollsorferrari? F1 Veteran

    Jun 5, 2006
    9,984
    St. Louis
    Full Name:
    Scott
    if you still want to go high end, i'd say a bentley turbo r...otherwise vette/mustang would be good.
     
  18. Jim Bremner

    Jim Bremner Karting

    Jan 2, 2006
    148
    lotus 7 replica
     
  19. Razzer92

    Razzer92 F1 Rookie

    Aug 4, 2006
    4,496
    #19 Razzer92, Jan 7, 2008
    Last edited by a moderator: Sep 7, 2017
  20. BBL

    BBL Formula Junior

    Nov 1, 2006
    658
    Northern California
    Full Name:
    Sean
    $25K, fun to drive, low-cost maintenance... maybe a second-hand Caterham Seven?
     
  21. Razzer92

    Razzer92 F1 Rookie

    Aug 4, 2006
    4,496
    #21 Razzer92, Jan 7, 2008
    Last edited by a moderator: Sep 7, 2017
  22. HerrBremerhaven

    Oct 30, 2005
    38
    San Diego & Houston
    Full Name:
    Gordon Moat
    Another voice for the 993 Porsche, though I would throw in that finding a very clean Mazda RX7 with service history could make a very interesting alternative. At least with either of these, you might keep up with the faster (better?) Ferrari drivers . . . after some practice.

    If you want something a little rare, and Italian, try finding a late 1960s ALFA GTA coupe. Quite an interesting car, nice sound, and fairly nimble. A clean example, with some slight restoration/rebuild work would fit within your budget. Remember, even Enzo drove an ALFA at one point in his life.

    Another interesting old car would be an early 1970s Porsche 911. You might be able to find a clean example, and convert it to more of an RS specification (or at least that look), and stay under your budget. Surprisingly fast cars, even compared to more modern cars, because they are quite light. You can see something like this idea here:

    http://www.gordonmoat.com/automotive_10.html

    Ciao!

    Gordon Moat Photography
    http://www.gordonmoat.com
     
  23. Mr. V

    Mr. V Formula 3

    Oct 23, 2004
    1,247
    Portland, Oregon
    #23 Mr. V, Jan 8, 2008
    Last edited by a moderator: Sep 7, 2017
  24. WJHMH

    WJHMH Two Time F1 World Champ
    Silver Subscribed

    Sep 5, 2001
    26,475
    Panther City, Texas
    Full Name:
    WJHMH
    Acura NSX manual transmission
    Mini Cooper S JCW edition
    BMW e24 M6
     
  25. Osiris_x11

    Osiris_x11 Formula Junior

    Oct 30, 2007
    635
    Austin, Texas
    I'd have to agree w/ this.

    For ~$25,000.00, you should be able to acquire a '91 NSX 5spd. w/ average to high(er) miles. No worries though, the NSX is engineered and built to be driven.

    If it is up to date on it's maint'/service history (major service is the timing-belt/water-pump replacement which is part of the 6yr/90k service-interval), you won't have to worry about anything else. It is a very reliable, high-performance sportscar.

    With modest weight-reduction (ie. remove engine-cover, spare-tire/bracket) and aftermarket air-induction scoop/filter + lightweight performance exhaust + stainless-steel headers (ala' I/H/E)... the performance is very comparable to a Ferrari 355.

    And the best part? An early model-year NSX is pretty much done depreciating. You'll be more-or-less driving an exceptional sportscar for free if you decide to sell it down the road (for a Ferrari that you desire), you will get back more than likely what you initially paid for it!

    Good-luck in your pursuit.
     

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