Did you buy used or new?

Thanks for clarifying and I apologize for wrongly accusing you but you also only interpreted my words in one way. Could you not have read my words more sympathetically? At any rate, I thought what I said would be pretty clear but it appears you could read it another way. It may boil down to punctuation. Here's a perhaps a clearer version.

"So while budget is not an issue for me, if I were to be interested in a particular Fcar and the right used one presented itself I would definitely go for it but I wouldn't buy a used Fcar simply because it is cheaper."​

Still, you should note that I did precede this sentence with another one which does clearly say I would consider buying used. I tried to make sure the reader knows I am not against buying used. That's why I felt the wording should have been clear enough.

"This doesn't mean I won't buy a used Fcar. Many great Fcars are no longer in production. So while budget is not an issue for me if I were to be interested in a particular Fcar and the right used one presented itself I would definitely go for it..."​

 

You may well be correct but as the one who posted the text I simply have to allow for how others may potentially interpret it.

All the same, I'm glad you were able to interpret the meaning as I had intended.

 

I think you are quite correct here. Many used Fcars *are* in great condition and represent fantastic value - just make sure the car gets checked out by a knowledgeable mechanic that you can trust. However, even if the car is pristine it still has to fit what you are after as used ones are still very expensive to purchase and your money needs to be spent well.

As you probably also conclude, FChat is just a forum for people interested to discuss Fcars and other unrelated topics. It is not meant to only include Fcar owners or represent an accurate crosssection of the entire Fcar owner population. Some members may not even be old enough to drive.

At any rate, I think not every car owner cares to discuss his/her car or car interests and the same would apply to Fcar owners. Many people also don't have the time to post online.

 

No I read it clearly which is why the first half of it could be interpreted the way I did but the 2nd half the way the poster wanted it to be interpreted. So when I re-read it I noticed that hence my post to him but it is fine. All is good. And yes I already got chastised for questioning why someone would buy an all black interior. That is not my cup of tea on a 350k car but to each his own. I don't think you have to buy new to get a black interior, plenty of those used laying around.

And egocentric would be the wrong way to categorize me. Not sensitive to other's feelings would be a better way without all the self-centered connotation that goes with being egocentric. Hence why after having a stern talking to, I am trying real hard to make sure my posts do not come off as insulting to anyone else.

See that is me being sensitive to people's feelings .

 

You said you were a student and do not have a daily driver. You said you could have a Ferrari and walk to class.

Based on the post above, here is my advice.

Do not borrow money to buy a Ferrari.

Buy a used 911. Find a turbo Cab. You can get a nice one for abou $40K.

Take the other $40K and buy youself a place to live. If you can make the payment on a $70K car, then you can make the payment on a $150K home mortgage. Put down $30K. Borrow 150K. Have 10K in reserves, and a Porsche in the garage. You can treat the Porsche as a daily driver.

 

Makes perfect sense to me.

I know I am way late on this one but I have never owned a new car.....ever, and I am in the automotive business.

Thank goodness someone buys them new so I can buy them used, previously enjoyed, whatever you want to call it.

My issue is the depreciation, it really ticks me off. On the other hand I am patient enough to wait until I find what I want and when I do I pay cash. I do appreciate that I am in a different financial position than most people but one of the reasons why I haven't bought a 'newer ' F-car is that I feel the models that I might be interested in are still going down in value.

I know that to some people depreciation is just part of the game but it just pisses me off.

 

What the hell? I said I can walk to work and I have a zr1. Where did you get the DD and walk to class thing? I think you should read more closely. And lastly I already have a place to live. Which is a very nice condo near my work that I pay a mortgage on. I already have money in reserves. I am not wiping out my savings on a ferrari jesus lol.

Also there are no homes for 150k in my area. Hell you'll be lucky to find something under 350k for 50 miles. Real estate is insanely expensive here. Some parts are even higher than better condos you could buy in NYC.

 

http://www.ferrarichat.com/forum/612-599/416659-sale-2008-ferrari-612-scaglietti-oto-glass-roof-black-black-rare.html

See this car is the kind of deal I am talking about. Though I don't like black interiors.

This one is really good

http://cgi.ebay.com/ebaymotors/2007-Ferrari-599-GTB-10K-mi-355-360-550-575-612-430-F430-458-F12-California-GTO-/151133777592?ru=http://www.ebay.com/sch/i.html?_sacat=0&_from=R40&_nkw=151133777592&_rdc=1&forcev4exp=true#ht_2741wt_1165

Though maybe if it was 2008 and 150k even.

 

Interesting Thread. I ordered my new 308 GTSi mid year in 1980, and took delivery in late Feb. 1981. It took over ten months for her to finally arrive in San Francisco from Italy. At that time I paid $60K+ for her,(custom paint, larger wheels, etc.). I probably could have purchased a used model for a lot less, but this was one car, that I felt I needed to have new. I never considered anything other than "I was going to have a new Ferrari" cost be damned! I have never in 32 years of ownership regreted my decision.

 

Ok speedsterr,

Let's walk you through hell...

Exhibit A: (earlier in this thread, posts pertaining to university studies)

So you appear to still be studying, and presumably still attending classes. I agree with ylshih, there are many inconsistencies that put your whole story into question.​

Exhibit B: (earlier in this thread, a post pertaining to daily drivers)

You apparently don't need a daily driver, because you walk to work. One would presume that if a person does not need a daily driver because you walk to work that you would also walk to classes - otherwise a daily driver would be necessary for the next two months at least.

It would also seem strange that a person already driving a 700bhp ZR1 would contemplating saving up for a few extra months to try to swing a BMW X3 or 3-series, or "something like that".​

As I said to you via PM, I don't believe much of anything you're telling us is true.

If you're going to string together a "nice" story to keep us entertained, I think you should remember more carefully what you've typed - apparently, we are already reading closely enough to spot the discrepancies.

Regards,
Andrew.

 

lol thats it I am in hell. Are you forgetting? I made that comment about the x3 in response to someone saying not to have a ferrari as an only car. Yes if I spend my money and get a ferrari then I would have to save a bit to pay for an x3 so I don't have to finance the whole thing. I really don't like paying interest on anything. It is possible for one to think then if I say I don't need a DD because I live near work that I don't have one, but I had this car before I moved into this condo near my office. I'm not going to sell it just because I don't drive it every day. I'm going to sell it for something better. I don't walk to class. I take a metro and then walk another 15 minutes to get to class. I drive my car on the weekends mostly and sometimes during the week when I need to go places. I should have been more clear earlier so I am sorry if that confused anyone.

And have I not calmed down? I'm not fighting with anyone or being insensitive. I
made this thread because of you telling me I am wrong about the whole used vs new thing and I wanted to find out. Not my fault then some people are instead being nosy about my finances.

If I am not wanted here then that is fine, I don't have to post anymore. I seem to getting mixed reactions from people perhaps it would be better if I didn't comment anymore till things have settled down.

 

I'd love to move over into that 612. It's hands down the best deal for a 612 on the market right now, all the major upgrades you'd want, which is indeed all of them, and well depreciated for the miles. Reputable dealer. If I weren't in the one I'm in, I'd go after that one myself. Prefer a tan interior, but that black on black looks both badass and elegant at the same time, something that doesn't come altogether easily in a 612.

 

Your not "not" wanted here. You're getting mixed feelings which you're reading as mixed reactions. I've enjoyed replying to your questions even though it's clear you could have lurked a while and read more before hand. What everyone wants here is for you to be forthright. Maybe cool it and back off for a little while. If you want to hang here, don't go toe to toe with these guys. Brilliant and decent folk here. You will lose You've painted yourself into a bit of a corner. All you need to do to get along here is A) take a little medicine here and now by coming clean with whatever B) Let the thread die and let your nerves calm down and come back a little more forthright next time you start a debate, which I and others welcome.

 

I've shared all I am willing to about my personal life. There is nothing left for me to come clean about. I like some level of privacy. Though since you live near me to go to the katie's cars and coffee? PM me about it since I'm going to take your advice and just lurk her, let my nerves calm down, and let this thread die or at least not comment anymore in it.

 

I would not say there is a great distinction to be drawn between merely walking to class, and getting the metro before then walking to class. Telling people that they "should read more closely" when they are querying inconsistencies is precisely the same brash mistake as "learn to do math" and then immediately botching the calculations. Furthermore, prefacing a post with "What the hell?" as if a fellow forum member had said something offensive does set a very negative tone, and is what caught my attention again.

If you are going to use my PM to you as the basis for the thread, then perhaps posting our conversation (unedited and verbatim) in public is appropriate - while the reproduction of someone else's PM on the forum is not normally done, you have my permission in this instance.

Regards,
Andrew.

 

I don't do Katies more than a few times a year. We do a smaller C&C out in Leesburg weekly. I won't be there this Sunday, but am usually. You're more than welcome out. Have a thread on it in mid-Atlantic. And if I find myself doing Katies one more time this year, I'll let you know.

 

Where on Earth is that here that is more expensive than NYC?

The only place that comes to mind to me as being more expensive than NYC is London and that suggests the steering wheel on the other side than the cars you are discussing thus far.

 

Post 68:

Post 71:

Post 102:

Post 114:

Post 80:

I am not understanding the pattern above Speedsterr? You have removed yourself from this thread and come back several times now.

 

You said you were working on your second master's degree. In one post you said you had a corvette, but in another later post you were talking about having a Ferrari as your only car, since you could walk.

You also said you had $80K and were going to borrow the rest to buy a car at about $150K-$155K. So, are you now suggesting you have 'reserves' in excess of $80K?

I know a lot of people who have wiped out their savings to buy a Ferrari. I did that with my first one. It was not a smart move.

My advice, which I stand by as being completely sound, is this: Do not borrow money to buy a Ferrari.

Feel free to take my advice or spit in my face. But it is time you stopped ridiculing people who offer you honest, sound advice.

 

When he said "some parts are even higher than better condos you could buy in NYC", he leaves the impression that properties in his area are as high or higher than NYC. What the actual situation is that the condos in his area are asking $250K to $1.3M. A search of similar Manhattan condos resulted in a range of $600K to $24.5M (which ranges from Harlem to Central Park East). If I broaden the search in his area, then I can find properties up to $2.5M for a condo of similar size.

So yes, the price of condos in his area has some overlap with the price of condos in NYC. But it would be apples to oranges to state that the condos in his area are "even higher than better condos you could buy in NYC". Remove the "better", replace with "some" and the statement becomes accurate.

P.S. If you remove the condo restriction and ignore whether the homes are similar size, the most expensive home in his area is asking $26M, while the most expensive home in NYC is asking $130M.

 

$600k for a condo in Harlem?!?!

screw the Ferrari, buy the crappiest real estate you can find in NYC.

 

Enjoy it while it lasts, because it never does.

A crash cometh.

 

indeed.

 

The cheapest home (not condo) in Harlem seems to be $75,000. I suspect that $600K condo in Harlem may have been a nicer building, secured entry, larger floor area (filtered to match the other area), etc.

 

I think this fits in here.....

speedsterr (speedsterr) on GifBoom - Animated GIFs