How can I justify a Ferrari to my wife.

I have a simple answer to the OP's question

Its an investment

An investment in your life experience while you still can.

Isn't that valuable?

 

For a TRUE car guy, this will happen often no matter what you have at home.

Same as for a true art lover, even though you may have a Van Gogh, you will feel a desire to have another 17th century master's painting upon seeing one.

 

The best marriages (mine included) exist when both partners support each other’s dreams and aspirations. Unless her concerns are genuinely rooted in financial turmoil resulting in your having your dream, she’ll probably be on board if you just ask honestly with humility. Or, let her screw the pool boy, that works too.


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It is the only other woman you will ever be in,over or under.

 

I would say you aren’t getting any younger, this is something you have always wanted. These cars have been very stable in value for many years so you are not “spending” the money, you are just investing in a Ferrari that will hold its value so the principal is not at risk. You can say there is a small chance you will make money but that is not why you are buying it. You can say that there will be some small expenses to running it but they are quite modest, the car is pretty simple and inexpensive to service so as these things go this is a pretty conservative play. On your deathbed you won’t be saying you wish you had bought more Muni bonds and this is something you will enjoy owning every day. If that doesn’t work let me know I can give you version B.

 

I had the same problem with my wife and after I made the purchase I just brought it home and listened to the “music” when she was done I explained that I do all I can for the family so everyone has what they want and not have to worry about most things like a roof over their head and food and that’s why In life I need for me if I though that this would interfere with my ability to provide for my family I would not have gotten it but it does not in any way so instead of drinking, gambling and doing things that can really jeopardize my family this is not in any way as bad so now we have a Ferrari
To say it was a hard sale is a understatement but once she knew the car was staying she settle down
It’s not being selfish if you have always put the more important things such as your wife and children first everyone who works hard for others deserves something for themselves


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Last summer 2020. Many Ford GT's available for $300k or more with super low miles, but shortage of GT's in the low $200k range that have medium miles 20-40k or so. They have gone up even more from what I can tell since then.

 

FWIW, in my experience, the least confrontational...least stressful time to buy expensive "toys" is between marriages.

 

Yep, you just missed the window....I bought mine in Feb (29k miles $182k), a guy bought a super high mileage (80k) car in March for $190k, then a guy bought a 36k mile car in April for $200k....then overnight there was nothing below $250k anymore.

Hopefully you get another chance eventually.

 

I think the Ford vs Ferrari movie and the Covid / stock market created a bubble pretty quick. Will see if it deflates over time.

 

FWIW, despite the rapid rise in pricing in 2020, Hagerty put it on their 2021 list of 10 cars most likely to rise in price, which they published just a month ago.

 

I guess I'm lucky - my wife was like, "hell yes!" when I showed her the 458. She is loving every minute of it.

 

In my Asian culture, a bad man is someone who has vices: women, gambling, drinking, drugs. If buying a Ferrari means you are not giving money to your mistress, drinking your money away, snuffing it up your nose, or gambling it all away, then a Ferrari is a good thing. DO IT.

 

The BBS style wheels are a no go for me. Stick to original.

 

I would hold out for a GTB ,much rarer especially in RHD QV.

 

you never know how many days you have left in this dimension. If you can afford it and will enjoy it, go forward. It isn't exactly as if it will depreciate to zero. If you are healthy and capable, take advantage of the situation. I have seen so many waiting for the right time to do X, then when they actually decide to do X, they either really can't do it or only get to do X for a short time. Its all about being grateful for the opportunity to realize your dreams.

In the Ferrari world, we bought our first in 2012 - a 2010 California, just to get something reasonable and fairly new from a safety tech standpoint. My wife wound up driving it so much that we decided to add a Portofino last year. Later looked at the Pista, 488s and 458s, and were convinced by fellow mates in the Ferrari club and the sales folks that our life is much more about touring, rally's, and golf and spending a fair amount of time overseas than tracking the cars. Am grateful that they steered us in this direction as it fits our lifestyle. Others are heavy into the high speed events on a frequent basis and we learn a lot from them, but its not where we can spend enough time to justify the cost.

Enjoy and be safe.

 

My wife wanted Jason Momoa as a poolboy. I told her he was busy filming. Then I countered with this.......
I want a redhead, it can either have 4 wheels or 2 legs, which do you prefer?

 

Op
My wife wasn’t impressed
Said she might leave me if i got one

I said i might leave if i dont get one lol

And remind her you can sell a ferrari you cant unshag a mistress

 

Here is a very practical way to look at it. Let's compare a 308 or 328 to a sensible car like an E class MBZ.

1- If you buy a Hagerty's insurance policy, the cost of insurance is a fraction of an E class MBZ, by far.
2- In California, if you get a historical license plate, the cost of registration is also a fraction of the MBZ.
3- Depreciation is non-existent for a 308 or 328.
4- Maintenance cost is an issue, but if you budget $150 a month, that should cover it.
5- If you ever need to make an impression - say, you to make an entrance at a big party, or wow a client, etc. - a 308 or 328 has a much higher "wow" factor than an MBZ or BMW twice its price.