All my life

Seven to nine years is crap. The 360 will be WAY out of production by then. I'd think 3 to 4 is more reasonable, but you'd have to stay pretty active during that 3 to 4 to keep them thinking about you.

They would of course love to sell you a used one, at 'current market prices' which means MSRP + a few $thousand.

Try another dealer.

 

It's good to see another with he passion for Ferrari that i have. I just bought my first Ferrari 8 months ago from Lambo Dallas(great guys). I, like you have wanted one all my life. I have absolutely been in love with them from my childhood. I know there are some that like to own them for the prestige or the, "fun to have toy", but this is not me. There is not a day that goes by that I do not want to drive my 99' 355 F1 Spyder. I go out in the garage everyday just to get a look. However, my love for the cars does not extend to the dealership. They are the worst. They have their noses so high in the air it amazes me. I always say that you don't want to be a customer of business that is extremely successful like Ferrari is. Because the simple fact is, they don't need you or me and they know it. The other great thing about Ferraris is that there are plenty of used ones with low miles, in pristine condition. Mine was a 99 with 8800 miles on it. It now has 12,500. I would not buy one with less than 2500 miles per year. Driving it more is even better. They run very well when you drive them often. Drive them too little and they dry up and start having all kkinds of problems. Try Lambo Dallas. They only have the best of the best and they store their cars inside. They are aslo eager to help out. Dn't buy from a dealer that keeps Ferraris outside. That's a sin in my book. If they sit in the heat with the windows rolled up, it bakes the leather and shrinks it. I always leave my windows cracked if I leave it in the sun. Italian leather seems to shirink if left in the sun too much. That's why my leather is still perfect. Rare to see on a 99. Anyway, good luck. Post some pics and driving impressions when you get the car. Don't wait 8 or 9 years. That's too long of your life without a Ferrari.

 

Buy a used something now, maybe a 348 of 355. Heck if you want a 360 even get one of those, you will not be able to get a new one by the time they are out of production. Find a dealer who isn't going to be a moron about getting you on a list, and put down your deposit there (if you don't really need the money). You will be waiting several years, but when it is your turn it will be worth it - a brand new ferrari at MSRP. After this point you will be able to get on waiting lists in the future and be in line for all of the new ferraris. Even better, when your new one comes you can usually return your old new one back to the dealer for the same amount or more than you paid for it to finance the new one!

 

I too am into buying my first Ferrari. I gave up on all dealers of Ferrari's even the used ones. Buy one from a private owner. Pay cash and avoid taxes. There are ton's of them out there.

 

Also make sure to check out (in your used search, if you go that route first) www.4ferrari.com

This is Martin's dealership who is a long time member and contributor to Fchat - great guy. He should be able to find you what you want at a good price. Also lots of great testimonials for him on this site.

 

thats insanity, even if they "cut it down" to two years...TWO YEARS? thats a quarter of a decade nearly! honestly, pick up a nice '99 360 or (imho, even better) a 355 and enjoy it, and when you are ready, tell the dealer (a different one!) that you are in the market for a 430 and that you would like to order one and trade your 355 on it...

 

Are dealers not allowed to sell above MSRP? It seems to be that if a dealer just sold it at the market price, he would be making a lot more money.

 

Yes they do...sort of ....been discussed before. Ferrari of Ontario is not taking orders on 360s anymore when I talked to them a few weeks back. The production run is pretty much done on the 360, and its to early(according to them) to put down on the replacement. Hence, that why you are getting the 8 yr scenerio. If you wish a 360, there are many nice examples you can find. Good luck on your search.

 

You didn't actually avoid taxes... it would be unlawful to do that! You were just saying one could, right?

 

I don't think Ferrari can legally dictate selling price to US dealers. However, I'm sure above-MSRP pricing is discouraged. If nothing else, they can use allocation to get dealers to cooperate.

I actually prefer it the way it is -- waiting lists instead of dealer gouging.

 

I heard Ferrari of Los Gatos, here in the Bay Area lost its dealership beacuse they were selling over MSRP. I have not heard any Ferrari dealer charge more than MSRP on new cars.

 

Could you please explain how one avoids paying tax on an auto purchase? In MN in order to get plates (plates are non-transferable from vehicle to vehicle) you must bring the title down and it lists on the title what was pd for the car. If you are lucky enough to have a seller willing to 'fudge' that number than you can save a few bucks. Even then, the value needs to be in line with the 'blue book' value. You will be taxed at that amnt unless you can show the car is 'distressed'.
wishing I could avoid taxes in MN......

 

I've never avoided paying taxes on my purchases. I was just poiting out to jason1st that it is illegal not to pay taxes on your purchase. Unless you live in Washington state where there is no sales tax! If you can manage a residence/address there then you can avoid paying taxes and drive your car in the 50 states.

 

I believe some states, MO not being one of them, if you buy from a dealer you must pay a sales tax, if you buy from a private party you do not.
I talked with a gentleman from IL the other day and he said that is the way IL law is. That is why he was interested in a private owner car.
Each state is different.

 

Take a lesson from TYCO and ALLWAYS pay taxes on the art, and the $6,000.00 shower curtain! LOL!

 

To answer your question on what happens to the list when the 360 production ends, usually the people that are on the 360 list will be ask to see if they will like to be carried over to the 420 waiting list, then it is back to "first come, first serve" system on the 420 list. However, as the model change looms within the not so distant future, a lot of people that are on the list of the out going model would chose to be placed on the incoming model before even asked by the dealership. If enough people drops out and switch over, you may still get your 360 just yet. I think the bigger question that you should ask yourself now is do you want the 360 or the new 420? Hope this helps.

 

Hi Matt -

Actually it's Oregon with no sales tax, Washington has no state income tax. Nevada is also sales-tax free, and I think there are a few others.

Gary

 

There is a sales tax in WA. You will pay about 7% to get your plates!

 

So Gary, I've wondered about this.....would I pay sales tax on a car purchased in Oregon when I purchase Texas tags for the first time?

I'm still driving around down here like a tourist!


They don't expire for a while yet

 

I wanted a Ferrari from the age of 14. In January I got mine. 2004 Red/Tan
360 Spider everything I wanted options wise. I got into the market a few months earlier. Bottom Line if you have the cash and will pay, you can get what ever you want, used, slightly used. New, meaning delivery miles usually 70 or less. But expect to pay 40-60k over sticker.

So fear not. Besides the 360 is done. The 420 or 430 depending on whom you believe is on its way. Lots of cars out there. I went with a dealer in LA who is connected but I have seen a lot of other people around who can find you a car.

Good Luck.

Paul

 

My mistake, I knew it was one of the NW states.

Worst case if you get stopped by Highway Petrol (DPS) and you show your Texas drivers license free sales tax ride is over. Try to get someone you know in Oregon to renew your tags!

 

I wanted a Ferrari from the age of 14. In January I got mine. 2004 Red/Tan
360 Spider everything I wanted options wise. I got into the market a few months earlier. Bottom Line if you have the cash and will pay, you can get what ever you want, used, slightly used. New, meaning delivery miles usually 70 or less. But expect to pay 40-60k over sticker.

So fear not. Besides the 360 is done. The 420 or 430 depending on whom you believe is on its way. Lots of cars out there. I went with a dealer in LA who is connected but I have seen a lot of other people around who can find you a car.

Good Luck.

Paul

 

We understand you're excited Paul...but excited enough to post twice about it?

 

I know from experience that as a US citizen buying a car that you're going to keep in Europe you can buy it there "duty free" which means no taxes up front, and then at the end of a year (at least I think that's the timeframe) you can "re-import" it back to the country you want to keep it in (don't worry - it never had to leave the country or come back in) paying taxes not on the purchase value but on a depreciated value. There are of course limits to how much you can depreciate it, but the difference there was easily a few thousand dollars on a $50K Mercedes, and paying the tax after a year instead of up front is worth something too.

What I Don't know is whether there's any way to do the same thing in the US... and assuming there is I'm guessing you may have to be a non-US citizen in order to buy it "for export" to another country...

Maybe you could find a foreign national to buy the car tax-free and then sell it to you a year later... if not, there's always renouncing citizenship and eventually moving the car to Italy! Ferraris are happier in Italy than they are here anyway. Someday I may try to take mine there.