How old were you when you bought your first ferrari under 6 years old?

I know this thread has probably been asked 1 million times but I thought it might be fun to add a twist to it. Since as we know ferrari that are old are cheap to get but ones not older than 6 years are usually not under 130k.

So I wonder how long it took for people to finally get one above 130k essentially. I'd do a poll but I don't know how to start one.

 

"Since as we know ferrari that are old are cheap"

as long as they are not 40 or more years old, when they will be not under $250K - $500K +

 

Stupid question. Why don't you just ask.. how old were you when you could buy a $130k car?

Just buy the 599 already. Finance the difference.

 

lol. No I was just curious because any time these threads happen I keep seeing people with 10-30 year old ferraris commenting. So it is more of a big deal to own one less than 6 year old than say the guy in my parking lot who has 2 old ones from 1995 and 2002.

Plus owning say a 130k porsche is cheaper than owning a 130k ferrari. The best way to do this would be with a poll but I don't know how to make one on a forum. I want to see how far in the minority are those who can buy 150+ ferraris.

 

What you'll learn is that owning ANY Ferrari is a big deal.

Most people can't tell a 1995 or 2002 from a 2013. The only people who make a big deal about owning a $130k Ferrari over a $30k 308 are people who would make a big deal about owning any $100k+ car.

Those people are usually the ones that give Ferrari ownership a bad name... i.e. the d@uches.

Anyone who isn't in a 458 speciale or F12 is driving an old car. Right?

 

Stop getting so offended. I consider a 612,430,599, higher than that a big deal. I understand owning the older cars are great an all for example I like the look of the 575m and the f30,f40, etc.... But owning the old ones are not really that far out of reach. I mean think about it. You could have a cadiliac or a 550. Or something older. You could get a 911 boxster S or a 575m. It doesn't really matter if other people can tell the difference or not. This is just for members on here which all of them should be able to tell the difference. I'm not trying to make a big deal out of anything, like I said at first I thought most owners of ferraris get the new ones. Now after being on here I learned it is the opposite. So I want to see how rare it is to own one under 6 years.

But no one goes crazy if I drive down the street in a boxster S do they? Don't go extreme with an F12 or speciale. This is curiosity that's all. Don't make it a big deal.

 

I'm not offended at all. You post has an undertone of the money to buy the car and not the car itself. I don't personally consider a 599 a big deal. Its a V12 GT like the 550 and 575. I do consider an Enzo, a F40, F50 and a 250 Lusso as more rare than most. Like I said, the only people that know how much you spent are you and the people you tell. To most everyone else a 348 and a 458 are the same model year and cost a half million dollars to own.

 

are you serious with this? most people cant afford them because of service and liability costs. you may think a 550 and a cadillac are the same but one is brand new and the other is over 10 years old. This discussion is futile

 

I know this question has been asked like a bazillion times too, but how old are you anyway? And isn't this a school night?

 

Um, my Daytona and F40 are older than 6 years and cost way, way more than "150+." By the way you talk, I don't think you even know what they are.

Why do you even care how old someone was when they bought a Ferrari that YOU deem worthy. As if it's not worth owning if it's older than 6 years old or less than $150k. These threads are so ridiculous. Here's how ridiculous it is: when I was 28, I bought a Ferrari under 6 years old. But it wouldn't satisfy you as it was less than $150k so it is not worthy of your approval. It was a 355B and if it were brand new, I STILL WOULDN'T HAVE PAID $150k. So what you're asking has little relevance to the vast majority of people who had the money, resources, and the balls to buy a Ferrari in the first place. You're essentially asking an entirely different question: "who are the richest young people here" because that's apparently what you care about.

It's been asked in at least 6 threads by just about every long time member here who has read them.

 

+1 and FYI there is no such thing as an "f30". Spend more time reading and less time posting until you have a better idea what you are talking about.

 

This isn't going to end well

 

OP's posting history will not help him (When will 599, Scud hit $140K, "Rich Kids on Instagram") I think I better make some popcorn...

 

Well because I wanted to see what people who are more knowledgable than me on ferrari depreciation and history thought. I want a 599, but not at current prices. Or maybe a scuderia since I saw some selling for 170-180k. And the RKOI was for fun because someone in the 430 section posted a picture from the website asking who on here posted it.

Some of you people need to relax. Its just a question lol. If you don't like it then don't respond to it. But if questions are so offensive I'll refrain from asking. But then what is this forum for then if for not people to ask and answer questions?

 

I'm 6 and yea it is pretty late. I should get to bed have to get up early for day care in the morning.

Didn't I say in the beginning don't count rare cars like f40s, f50s, enzo, GTO etc?? The answer to your other questions is just curiosity. I'm sure there are plenty of people who could have afforded one early but chose not to. Gives a little bit of perspective since there are so many threads that start with "Can I afford this 'X' ferrari?" You could say the same thing when someone starts a thread about who actually drives their ferrari. Does anyone actually care how many miles other people drive? Does it change their life to know that information? No. But sometimes people are just curious.

 

No. What you actually said was this:

Read back from your first post in this thread if you don't believe me.

As far as affordability goes, Hardtop said it best years ago: "True happiness in cars is having exactly what you've always wanted at a price below than you can afford." There are many, many people who can afford newer, more expensive Ferraris but chose 308's, 348's, 355's, TR's, etc. instead. Many people with lots of money feel that Ferrari's best cars were made years ago and won't spend the money on a new car because the Ferrari they want is used. There is a strong sentiment among long time Ferrari owners that Ferrari has lost its way and the new cars they make today are for rich d-bags who only want a rolling status symbol - I believe "self indulgent wiener" is the phrase of choice. I'm not saying that everyone feel that way but a great many do. So again, what you're asking has little relevance to the real world of Ferrari ownership. Go join your local FCA, meet members, and see what's what. You've been told that before.

I don't understand what all of these incessant questions are about. You get called out by long time members in just about every thread you start. Look, FerrariChat is about learning and members here typically embrace prospective owners because at one point or another, that's all we were as well. However, most people search properly on models, read the threads and info carefully about care and maintenance, and then pull the trigger. What gets people here peeved are the high school posers that post questions similar to yours and posture over and over again about what they are "about to buy" but really just waste the time of everyone who responds in a spirit of helpfulness. That has been pointed out to you in numerous threads by both users and moderators who keep trying to save you from yourself but you refuse to listen.

Also, the first thing just about every serious prospective Ferrari buyer does when they get on here is pony up a measly $15 for a subscription and fill out their profile. Want to know what the posers don't do? I'll let you guess.

 

Lol did I say F30 by accident? Crap. Well I'll subscribe when I buy the car. As you say I'm a poser until I do. So I'll wait till then to subscribe. Plus I don't know what the benefits are most forums have useless benefits I never use hence why I don't subscribe. But 15 seems reasonable. Better than 100 or 50 like other places.

But anyways, I assure you I plan on buying one as soon as 599s come down a little more. I thought about it and as great as the f430 is, I really want the 599. If it doesn't come down enough soon enough, I just may end up getting the f430 instead. But we'll see. I'm super picky and if I can't find the right one I'm just going to get a carrera S.

 

Just go buy the Carrera S and enjoy the car now, rather than spend months/years waffling. What you seem to want is a "new" (less than 6 year old) Ferrari at $140K, which is a nice objective, but not very realistic. There are many users who come on the board, with a price point, but rather than just buying what they can afford; they find out that the next model(s) above their price point are slowly declining, and they think, "if I just wait 6-18 months, I can get the hotter model". We've seen how this usually plays out.

What they don't factor in is that the first examples that come at a low price point from above will have some/many problems, so the examples will get heavily critiqued by the users on this board and so they rarely have the nerve to buy it. Something else that happens, is that they get scared off by the very fact that the examples are dropping to their price point, they start thinking "crap, this model will clearly depreciate AFTER I buy it too" so again they don't have the nerve to buy it. Finally, users who have a low price point, are rarely prepared for the cost of owning a Ferrari out of warranty, a buyer of a $140K Scud/599 really should have an additional $30-50K set aside for possible issues, but because a low price point buyer doesn't want to set this aside, they demand a truly superior example for their low price, which is really another 12-24 months away or even more from getting there.

The ones that buy are the ones that come with realistic expectations about what a good example of the model they want costs, what the costs of maintenance and repair can be, and what the rate of depreciation will be both before and after purchase. For $140K, you should buy a nice condition 430 with margin for a small maintenance reserve or just get a new Carrera S.

BTW, you may present this thread as "just a question", but the parameters of the question (above $130K for a "new" Ferrari) are tailored to your specific circumstances, so the intent underlying the question comes across as "how unique will *I* be if I buy a Ferrari at $140K at a younger age".

 

LOL +1

That's exactly how I interpreted the original question.. look how special I am and better than everyone else, I bought a $130k+ Ferrari when I was 18 with my trust fund money or music recording contract. The amount of people who care: 0

 

In a few years, you won't see a 6yr old Ferrari below $250k, let alone $140k. The discussion has nothing to do with the best time to buy. A 599 worth $160k today will likely still be worth $140k in two years, but what does that really mean. On a $300k+ car, that's a few percent depreciation per annum. They've taken their initial hit. Now are the best years to own the car, still relatively young and holding value well. Waiting now is missing the best years of the car, when you can load up miles and take little hit.

 

You guys can Interrupt it how you want.

 

Well like I said I have been looking at the 430 as well. But I would want a 2008 one. Plus the reason I say 6-7 years old is so that I can have at least 3-4 years of extended warranty so I don't need to have 50k sitting around for the car.

 

You're being naive. The Ferrari extended warranty costs about $5K per year of extension, so 3-4 years of extended warranty is worth around $15-20K. It's only available on a dealer certified car, which will be cars at the higher end of the selling price range. Combined, you have the $30K or so that I mentioned. Pay up front or pay later, there are no free rides.

 

Someone posted the prices. On the later years it was 2-3k per year. I am not sure I have to see that sheet again. But I mean if the transmission or engine breaks I'm sure it cost more than 20k to replace.

And like I said if it is too much hassle then porsche will be the way to go. I have to do more research. Right now is too soon anyways. Anyways either get back on the thread topic or let it die.

 

Bossy dude.. Very bossy...