Owning a Ferrari

512tr without a doubt. you will thank me for that.

 

Why would you say a 512TR? Nice car but i would prefer the 355 GTS anyday over the TR. To me they are the nicer car, but hey, they are both Ferrari's and we are comparing two cars out of the best brand!! I would go after a 360 Modena, but hey, they seem to be getting pretty thin here in Sydney.
How the hell are you going to import the car from NZ without paying tax? You going to bring it in as spare parts? Thats how i got my old 22b here....
Or is there another way to do it these days?

 

But does that mean that dual citizenship is in order?

 

I'm sure it depends on the driver you should know that

 

nope...i don't do PIARC.

 

This would be under the CarNet arrangement, and the $80k saving is effectively postponing the import duty.... rally cars, racing cars (especially when Group A was in full swing, with Sierras and the like) etc etc have used that system for a number of years to avoid crystallising the import duty.

It got to a point at one stage where rally types werent buying used Lancer Evos because it was difficult to determine whether the duty was paid or not...

Now I know a container from Sydney to Auckland is only around $A3k per trip (i.e. $6k return) but with the cost of insurance, possible wear and tear on the vehicle in a container, the hassle and mucking around.. it must become a doubtful proposition... unless you can make money from the process...

 

Hey Iggy.

With the kind of money you're talking about, you're not far out of 550 Maranello range too. An import from singapore would only be low 200's landed and a nice Aussie delivered one is now under 300.

You don't need to spend that kind of money though. 100 will get you a nice 328, probably the most user friendly of all models. As little as 25 will get you a roadworthy 308 GT/4 too.

Plenty to think about. Forget the Mazza, you'll regret evry minute of it. Drive one by all means, but owning is a headache.....I know because I've spent far too much time fixing other peoples!

 

iggy thats some awsome stuff. i also have the same goal, im 20 and i drive an acura 3.2 tl. i would say for me at least its a toss up between the 355, 360, and 512. ive started a couple of investment funds to have the money ready. i would say the 512 would be an awsome investment. good luck, and let me know how it goes.

 

Early model F355 Berlinettas from around '95 seem to be going for about AUD $200k. Seems pretty good value (relatively speaking... wouldn't mind one for USD $80k like you can get in the US!!!)

Certainly is if your idea of an awesome investment is one that depreciates.

 

Dodgy? Uhh, nope. Just costly to maintain like any Ferrari out of warrenty.

The 355 was Ferrari's most successful model ever.

 

hey iggy that would help a ton, i tried to email you but it wouldnt work, you can send me a pm or just post your email. thanks

 

You will get a lovely Aussie 550 for well under 300 at the moment. There is a sliver Singapore import in Melbourne for sale at the moment. Asking $240ish I think.

You could bring one in yourself and land it for under 200 if you shop around and do the paperwork.

Between 355F1 and 550 Maranello.......no contest, 550 every time with bells on.

 

Iggy Type R
I as the owner of a Black 512TR can assure you that if properly maintained these cars are very dependable. In fact the only time mine has been in the shop is for tires and some elective cosmetic work. The car has immense road presence. And the sound of a flat 12 with a Tubi exhaust is IMO is worth the price of admission alone!. From a pure investment standpoint there are better oppurtunities out there. But you have to consider part of the "return" on your investment is the awesome experience of Ferrari ownership. I dont get to drive mine as much as I would like (Im sure Im not alone) But every time I do drive it, I fall in love all over again. Their all great cars. Drive all of them,get a ppi on the one you want. spend your cash , and you will become spellbound by the mystery, the gestalt of a Ferrari!
Good luck and do let us know what you decide.
If you like, pm me and I will give you directions to see my car here on F-Chat.

 

The F355 GTS is a great choice for your price range but I have been told by several that if they were buying again they would get the coupe because it is more "stable" feeling.

 

I have today's Australian Financial Review in front of me with an ad for Scuderia Veloce Motors in it.... interesting reading...

I presume these are Australian delivered (and therefore complied) cars...
New - 575M F1 Maranello A$577k + stamp duty, registration & dealer delivery
Preloved - '02 575M F1 Modena $485k
Preloved - '01 550 Barchetta Modena $550k
Preloved - '00 360 F1 Modena $330k
Preloved - '02 360 F1 Modena $365k

Now in most mainstream cars this dealer is expensive, but these prices are well away from the numbers above....

Is there any difference in spec between the two lots of vehicles, or is the Australian compliance plate the only real gap?

I remain with the nose firmly pressed against the showroom window....

 

A 575 is way more expensive than a 550. A 550 Barchetta is the convertible model...and also way more expensive. They would have a 550 Maranello up for around $325.

 

Surprised there is so many, or surprised there are so few?
There is more than 5

 

I was under the impression that to bring your car in from overseas and drive it on a 12 month permit and then to ship it out again that you had to own the car for more than 12 months in another country and you had to prove that you were not living in Australia for that period. i.e an American coming in from the states for a 12 month assignment can bring his car with him for the duration.

This didn't apply if the car was not to be used on public roads - race cars etc.

Also I thought there were only 448 Barchettas? Could be wrong though seems a strange number.