Do you ever make any $$ with your Ferrari? | FerrariChat

Do you ever make any $$ with your Ferrari?

Discussion in 'Ferrari Discussion (not model specific)' started by RedNeck, Oct 20, 2016.

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  1. RedNeck

    RedNeck F1 World Champ
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    Just curious after reading Demuro's account of parking his F on a movie set for a grand...Does anyone ever make any money just by owning/driving a Ferrari? Like, renting it out for photo shoots, grand openings, selling window space for sponsors, etc...or have you came into any business just by owning a Ferrari and networking with people that wouldn't notice you in a Camry? Just curious...
     
  2. Elsi

    Elsi Formula 3
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    Well I know someone who is making money with Ferraris...




    My mechanic😉
     
  3. RedNeck

    RedNeck F1 World Champ
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    Ha!
     
  4. boxerman

    boxerman F1 World Champ
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    Paper profit on appreciation, but If I deduct costs to get there, even, and assuming cap gains tax its a loss.

    Met a number of fellow owners who I really like.
     
  5. AceMaster

    AceMaster Three Time F1 World Champ

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    I do not ever profit from mine, but if I do I would donate it straight to charity.
     
  6. davebuchner

    davebuchner Formula 3

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    Bought my 308 for the equivalent of USD 46,400 in 2003, sold her last week for the equivalent of USD160,200.

    Even factoring in extensive work over the last 13 years, insurance, fuel, tyres etc. have made a tidy profit.

    Not to mention the fun!

    but no - I have never hired her out ....
     
  7. RedNeck

    RedNeck F1 World Champ
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  8. AceMaster

    AceMaster Three Time F1 World Champ

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  9. Elsi

    Elsi Formula 3
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    It’s a bit like the wooden F50 that pops up from time to time…
     
  10. Texas Forever

    Texas Forever Eight Time F1 World Champ
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    Broke even on one.

    Lost my ass on another.

    Made up for everything on the third.
     
  11. AceMaster

    AceMaster Three Time F1 World Champ

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    Lol, that is an excellent comparion :)
     
  12. Smiles

    Smiles F1 World Champ
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    As income, no.

    As appreciation? Heck yes.

    Matt
     
  13. I'm 360 Canuck

    I'm 360 Canuck Formula 3

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    I saw that guy about 8 yrs ago while on vacation in Chicago.
    He was driving that car down the strip, clearly just cruising , shirtless, while blasting 80's rock tunes. No one seemed impressed.
     
  14. RedNeck

    RedNeck F1 World Champ
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    At that point, the Ferrari does nothing for you.
     
  15. AceMaster

    AceMaster Three Time F1 World Champ

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    Man money, money never made man.
     
  16. Cigarzman

    Cigarzman F1 Veteran
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    Made money no , but I've lost plenty. It's all about the fun and the experience.
     
  17. Dohangs

    Dohangs F1 Rookie
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    I haven't but I'd like to!
     
  18. Mr. V

    Mr. V Formula 3

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    Well, I suppose there's always uber.com.
     
  19. I'm 360 Canuck

    I'm 360 Canuck Formula 3

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    #20 I'm 360 Canuck, Oct 21, 2016
    Last edited: Oct 21, 2016
    its worse than that.
    the guy has kind of an "ironic" fame associated with that persona.

    baller status quickly turns to burnout status when you have to use that vehicle to hustle to sell rides in it for a few hundred bucks, esp. when you have to be there as well, b/c I dunno, you don't have the proper insurance as a professional rental business.
    he'd be a perfect character for Will Ferrell to play in a movie.

    I think he'd make more money selling his technique for using gold Krylon paint in the engine compartment to yield 20%+ gains in hp and torque. Maybe he has a Marshall amp mod cranked to 11 that does it.
    https://i.kinja-img.com/gawker-media/image/upload/s--RDs8kX-N--/c_scale,fl_progressive,q_80,w_800/18nc72l2q76dwjpg.jpg
     
  20. Eric C

    Eric C F1 World Champ
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  21. RedNeck

    RedNeck F1 World Champ
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    Hey, that's CUSTOM!
     
  22. anunakki

    anunakki Seven Time F1 World Champ
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    I rented my F355 at least a dozen times to music videos
     
  23. PAP 348

    PAP 348 Ten Time F1 World Champ
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    Wow, that's great going man!

    RHD car was it? Any pics, I think I have seen it in pics before, but not for a long time now.
     
  24. Wade

    Wade Three Time F1 World Champ
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    Back in the 90s, an associate opened an Italian Café restaurant and I offered my Mondial for their TV video ad. No payment received but lots of free dining afterwards. I miss their fantastic breakfast pizza.
     

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