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Insurance for a Ferrari Enzo

Discussion in '288GTO/F40/F50/Enzo/LaFerrari' started by Ferrari F1 2004, Oct 23, 2004.

  1. Ferrari F1 2004

    Ferrari F1 2004 Karting

    Oct 11, 2004
    79
    Ever wonder how much it costs to insure an Enzo Ferrari?

    Basic information given for a 21 year old driver would cost annually..

    $16,645.08 USD to insure a Ferrari Enzo in the Phoenix, AZ area.

    So estimated monthly payments are $1,387.09 USD.

    This taken into account with highest deductibles possible.

    No deductible would bring the insurance rate up to..

    $27,629.88 USD annually, or $2,302.49 USD monthly.

    Just for fun, the cost of insuring an Enzo Ferrari, Ferrari F50 and F40 would cost..$22,564.08 USD annually, monthly $1,880.34 USD w/deductibles.
    w/o..$36,491.78 USD annually, monthly $3,040.98 USD.
     
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  3. 134282

    134282 Four Time F1 World Champ
    BANNED

    Aug 3, 2002
    40,647
    California
    Full Name:
    Carbon McCoy
    My ownership solely depends on a HUGE influx of a LOT of cash...
     
  4. PatrickShim

    PatrickShim Formula 3

    Jun 14, 2004
    1,737
    Southern California
    Full Name:
    Patrick Shim
    Was there a mileage restrictions?
     
  5. an032nv

    an032nv Formula Junior

    Jul 5, 2004
    253
    Clovis, California
    Full Name:
    Chris Torosian
    lets just split one Carbon, we'll timeshare it. I get all days that end in Y, you get the rest.
     
  6. damcgee

    damcgee Formula 3

    Feb 23, 2003
    1,864
    Mobile, AL

    As long as it is a pro-rated time share, that would be very fair :)
     
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  8. 134282

    134282 Four Time F1 World Champ
    BANNED

    Aug 3, 2002
    40,647
    California
    Full Name:
    Carbon McCoy
    It shouldn't be...! i doubt those quotes were for "classic car" or "show car" insurance - i think those numbers are for regular insurance, which means you can Losee the car all you want and they can't touch you...


    LOL, Andy...!


    Chris, you get it during the day, i get it at night... Or, you can have it on all the days that end with "Y", i'd just like to take it for a quick spin during whatever year(s) begins with "2"... :)
     
  9. an032nv

    an032nv Formula Junior

    Jul 5, 2004
    253
    Clovis, California
    Full Name:
    Chris Torosian
    You are restricted to Senior Citizen villages, I get the city :D
     
  10. Ferrari F1 2004

    Ferrari F1 2004 Karting

    Oct 11, 2004
    79
    No restrictions, this is as though you were getting insurance on any other automobile. Driveable as much as you want, whenever you want, wherever you want.

    Of course to get these figures to drop: turn 25, get married and that should save a few thousand dollars.

    Seeing as how the quote is for a 21 year old, single male.
     
  11. 134282

    134282 Four Time F1 World Champ
    BANNED

    Aug 3, 2002
    40,647
    California
    Full Name:
    Carbon McCoy
    Dude, you drive a tough bargain...
     
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  13. Ferrari F1 2004

    Ferrari F1 2004 Karting

    Oct 11, 2004
    79

    Then you get the Senior Villages, he gets the city.

    But you reserve the right to take it on the track. He gets the stoplights, stop signs and traffic jams.

    Fair 'nough now?
     
  14. 134282

    134282 Four Time F1 World Champ
    BANNED

    Aug 3, 2002
    40,647
    California
    Full Name:
    Carbon McCoy
    Hey, that sounds pretty good...

    Wait a minute - have you just appointed yourself my agent, thus rendering yourself a portion of my NNO time...?
     
  15. Ferrari F1 2004

    Ferrari F1 2004 Karting

    Oct 11, 2004
    79
    I tell you what. We'll each get 5 hotlaps around a circuit, whoever ends up with the fastest lap gets it for the rest of the day. But I'm pretty confident that it shall be mine!
     
  16. 134282

    134282 Four Time F1 World Champ
    BANNED

    Aug 3, 2002
    40,647
    California
    Full Name:
    Carbon McCoy
    Drats...!
     
  17. an032nv

    an032nv Formula Junior

    Jul 5, 2004
    253
    Clovis, California
    Full Name:
    Chris Torosian
    That's fair. Carbon can get the attention of the track enthusiasts and flex his Ferrari knowledge and I'll just cruise the city and pick up hotties :D
     
  18. TG

    TG F1 Veteran
    Silver Subscribed

    Oct 26, 2004
    5,897
    Newport Beach, CA
    Full Name:
    Taylor Good
    What's a LOT? Say you want it that bad, what % of net worth do you spend on it?
     
  19. prova4re

    prova4re Karting

    Nov 23, 2003
    95
    Ontario Canada
    It might be cheaper to just buy your own insurance company.
     
  20. 134282

    134282 Four Time F1 World Champ
    BANNED

    Aug 3, 2002
    40,647
    California
    Full Name:
    Carbon McCoy
    I do want it that bad; more than that in fact. I'd spend 100% of my net worth on it, if 100% of my net worth was enough to get me the car. Hell, I'd spend 100% of my gross worth and spend the rest of my days evading Uncle Sam. :)
     
  21. modena1_2003

    modena1_2003 F1 Rookie

    Aug 17, 2005
    3,704
    Full Name:
    Jon
    Which bank, and when?

    _J
     
  22. willcrook

    willcrook Formula 3

    Feb 3, 2009
    1,260
    UK
    For those like myself fortunate to own a company with multiple vehicles, fleet insurance is a life saver in regard to hideous costs!

    I think my 911 was around £650 per year when I was 24!
     
  23. Murcielago_Boy

    Murcielago_Boy Formula Junior

    May 27, 2004
    494
    UK
    Full Name:
    The Dark Lord
    Compared to UK insurance rates, that is excellent value.
     
  24. F50CHAP

    F50CHAP Karting

    Nov 20, 2007
    77
    uk
    Full Name:
    matt
    Best quote so far for Enzo: £9,000 pa fully comp, £20k excess. Agreed value of £750k. 1000 miles pa. Full no claims. 41yrs old. Me & Mrs only to drive. Ouch!
     
  25. Jack & Jones

    Jack & Jones Karting

    May 9, 2006
    73
    only 1000 miles a year...

    What if you want to do more?
     
  26. George330

    George330 Formula 3

    Oct 19, 2009
    1,058
    Switzerland
    Full Name:
    George
    I agree... In the UK you re looking at £10k with 5000 miles limitation for a 40 year old with full no claims and £15,000 excess... Not nice
     

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