best way to finance a 150k ferrari with zero down? | Page 3 | FerrariChat

best way to finance a 150k ferrari with zero down?

Discussion in 'Ferrari Discussion (not model specific)' started by Skipper, Mar 21, 2010.

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  1. judge4re

    judge4re F1 World Champ

    Apr 26, 2003
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    Dr. Dumb Ass
    $50k?

    Buy the best 308 GTS QV you can find, pay cash, and have a slush fund for belts for the next 10 years...
     
  2. ylshih

    ylshih Shogun Assassin
    Honorary Owner

    Mar 21, 2004
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    Yin
  3. technom3

    technom3 F1 World Champ
    Rossa Subscribed

    Mar 29, 2007
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    because 400k extra in capital would allow me to purchase more inventory that I would be able to turn into profit for my business. I would be able to bring a few key operations in house instead of outsourcing. This would reduce my cost, vastly increase efficiency and quality would increase all while reducing my exposure to damage, theft etc... (to be quiet honest I do not even need 400k, I was using 400 as a number because people were talking about there 599s)
     
  4. technom3

    technom3 F1 World Champ
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    I agree 100% there are some very convervative people on here and that is great. There are many people here who have "made it" etc... But there are lots of people on here who are e-balling... clicking paid cash etc... when they didnt... you guys gotta know what I am talking about.
     
  5. No Doubt

    No Doubt Seven Time F1 World Champ

    May 21, 2005
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    Good answer. Thanks.
     
  6. technom3

    technom3 F1 World Champ
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    thanks! I appreciate it!

    One day I will get there... either by saving and saving or a stroke of luck someone will lend it to me... But since good fortune (other than my health, current status, and general safety which I am grateful for) never really comes my way... so ill keep saving and saving that way either way I end up with what I want to achieve. Its a long hard road but owning your own business is never easy. I have learned that 100% of the profit comes with 100% of the headaches, stress, problems, inconveniences, sacrifices, liability etc... but, at the end of the day I am happy and proud. So all in all its a great life.
     
  7. air540boarder

    air540boarder Karting

    Apr 6, 2010
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    Lee
    #57 air540boarder, Apr 9, 2010
    Last edited: Apr 9, 2010
    $400K would change my life... as it's the exact amount I'm trying to raise to further fund my startup, to bring myself to sales!

    However... $400K can mean many different things to many different people...

    Best of luck on your next F-Car purchase!
     
  8. Jackmb1

    Jackmb1 F1 Rookie

    Dec 27, 2005
    3,329
    They usally have better rates then car loans.
     
  9. mchas

    mchas F1 Veteran
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    Oct 5, 2004
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    Mark
    And the interest is tax-deductable.
     
  10. 308geo

    308geo F1 Rookie

    Nov 13, 2002
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    George Benton LaFleur
    You can check out J.J. Best, but I think they still want proof of 20% down...
     
  11. mousecatcher

    mousecatcher Formula 3

    Dec 18, 2007
    2,116
    san mateo, ca
    only if used to finance a home improvement project.
     
  12. 308geo

    308geo F1 Rookie

    Nov 13, 2002
    2,751
    Houston, TX
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    George Benton LaFleur
    You could always take out a Home Equity Loan. :)
     

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