Lots of familiar names being mentioned in Sandro trial. Fascinating stuff.
Yes, agreed with both of you. Plenty of California (and 430) on the market, so heaps to choose from. The new California is a better looking car. I think the first gen California is still a nice alternative for people considering an AMG or something like a 718 Boxster S (which - properly optioned - runs closer to $200k than most would think, fully loaded will break $200 easily). I know of numerous people now cross shopping the California and F430 against a Merc C coupe AMG and Porsche Boxster S (718, loaded) or 981 Porsche GTS cars. Never would've guessed it, but I'm seeing it more often. Edit: For comparison sake: The AMG GT-S coupe runs quicker than a 430 or California for the same money (demo); the new C coupe AMG is about that of a Cali/430 to my feel and the 718 Boxster 'S' is very close to both Ferrari's too (as is the 981 GTS - so close you probably wont tell the difference up to 120km/h - which is as fast as I managed to get for the sake of comparing). The ideal dream of owning a Ferrari - and a nice, relatively modern one at that - is closer then ever. Many great deals to be had, and I believe the market will probably refresh by the end of the year. Good times.
Yes I am comparing because they are comparable. Price and performance. If you can afford 200k+ on a car you can afford the service costs. To spend 200k+ of disposable income on a depreciating asset such as a car, you can afford the running costs. What financial costs would play such a huge difference? At the price points I'm talking about it doesn't come down so much to "running costs" since you should be able to afford those regardless, it comes down to what car you want. At least for me and my immediate social group, where cross shopping a 430 and a AMG GTS was in fact on the table. Edit: I re-read my post, and I sound a bit rude, so I apologise in advance if I came across that way.
Not everyone drops $200k on a toy. People do finance their toys, and not every financier will oblige on a used Ferrari.
True. From experience in LA, where most of my time has been spent, it is common and easy to finance a used older Ferrari. Actually routine in parts - many people finance both new or old. In Australia i assumed similar as I know two (out of the two I know) finance groups who will lend for an older exotic car (5years +). I just didn't think financing a Ferrari was all that common in Aus compared to the US (although rates are extremely low right now, last time I checked 4.8 to 5.7℅.
Yeah, I just think it is more difficult to obtain finance on a used Ferrari here (7+ years is the cut off age? but of course not impossible) than it is a new car, however correct me if I am wrong.
Easy to get finance. I checked with the company I deal with the other day. They would finance a 16 year old Ferrari @4.7% no prob with a good credit rating
The amount of interest on $50k at 4.7% is negligible, especially if you plan on a shorter loan term (sub 3 years). Having said that, even at 5 years, it isn't that much, so all good. Good luck with the purchase if you go ahead with it.
