F40, F50, Enzo, etc... Question

Ferrari was very selective about who was "allowed" to buy an Enzo, but some of these Enzo owners didn't own "all the other super cars" when they bought their Enzo... Some only had one or two or one or two Ferraris total...

It was also rumored that if Ferrari found out that an owner had taken delivery then immediately flipped the car, they would not be considered for the next super car, but i have no way of verifying that...

 

If they bought from an authorized dealer.


But the bottom line is... If you can afford an Enzo, and want one...
Just like anything else in the world, it can be shipped to your door!

 

There are a few things that make for an acceptable application to purchase one of the "special"cars.

First is the relationship with the local dealer - you bought and service your cars there and are "known." They are the first gate-keepers and they sort of decide WHO can apply

Second is a couple of F-cars in your garage. The more, the better. It is a plus if they were flip-abale but you didn't sell them. If you've flipped cars in the past, they will know - and you will probably not get one.

Third is participation in Ferrari activities. The Challenge Series is a good place to start.

In the end, it is really who knows you. And, are you unlikely to flip the car.

The hope is that each of the special cars finds an enthusiast owner on the first go round, a Ferrari enthusiast that will keep her, use her and properly maintain her.

scottie
www.TheCarcierge.com

 

I heard you had to sign a document stating you could not sell it for one year.

 

No not for the Enzo.

Wasnt that the case for the F50 though?

 

F50 was totally finance through Ferrari I believe, mabey finace was the wrong word, but Ferrari had its hand in your ownership

 

I think I read in CAR that the F50 was only available to purchasers by doing a two-year lease plan. Time to start digging through my issues....!

 

i remember reading somewhere that when you buy an ENZO you had to sign a 1-year contract for not selling it, and something about not tracking it (Racing)

 

No.

The only thing that you couldnt do as part of the purchase agreement was that you could not allow any 3rd party testing to be done on the car. Eg. Lending it to R&T for a test etc.... (But it still happened)

Hey, if i spent that amount off $$ with F, i'd want to do what i damn well wanted. F em'

 

We hear all these stories of how hard it is to get an Enzo and that it is unflippable. Then why pray tell are there a couple around in the second hand market not long after its release. The reason is that a car, no matter who makes it, is a material possession and as such will have a price. There will always be some lucky buyer who will sell it if a significant profit is to be made.
Ferrari says otherwise but they will and can never enforce it. If they punish Enzo owners who are probably an influential lot, they will lose quite alot of future business.
If you think that Ferrari is invincible then one only needs to study what happen to Buggati who at one point was on the same par as the Prancing Horse.

 

Right on.

Since I don´t own an Enzo, I can only guess under what conditions they are sold, but I don´t suppose Ferrari will be giving Enzo-sellers a very hard time. Why would Ferrari be worried about their costumers making money? I understand that Ferrari does discourage people in flipping their supercars (F40 sale-contracts were sold three or four times over before the actual car was even built) since it will transform the cars into investment-objects instead of monsters that get to be driven, but in the end, it is the owner who decides what happens with his possesion.

 

You can think about it this way...its a cycle. A notable ferrari owner buys his car, then immediatly sells it for a handsome profit. This profit, presumably, would go towards the purchase of his next F-car. He drives the car for a few months, sells it again, and makes money. Its a win-win. Ferrari continues to have strong sales, which spur development, etc. The person who is closely connected to his dealer/ferrari gets to drive a new F-car almost regularly, while still making money to put towards his next one. Unless the ferrari market completely falls off, this is a possible never ending cycle for a few lucky owners.