Driving vs. Investing | Page 2 | FerrariChat

Driving vs. Investing

Discussion in 'Ferrari Discussion (not model specific)' started by Mr. V, Mar 5, 2011.

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  1. Waldoonay

    Waldoonay Formula Junior

    Mar 5, 2007
    630
    Ottawa/Abu Dhabi
    Full Name:
    Walid Z
    That's a bet not many people are willing to bank on when buying a used car.
     
  2. VGM911

    VGM911 Formula 3

    Apr 8, 2007
    1,379
    New Jersey
    #27 VGM911, Mar 7, 2011
    Last edited: Mar 7, 2011
    Two observations:

    1. A third camp is that some owners relish the role of "curator/steward" in that they are 'keepers of the flame' preserving something special for the next owner who takes possession of the car.

    2. The inflationary impact on the dollar is rarely spoken about. If one buys a Ferrari for $100K and sells it 8 years later for $110K, he has lost money in inflation-adjusted terms - he hasn't made $10K. And I agree with SrfCity that depreciation, maintenance, parts, etc. further guarantee the losing proposition that most of these cars represent from a financial perspective.

    However, there's no doubting that the thrill of the ownership/driving experience is unequaled among exotic cars.
     

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