Poll - How did you get your current Ferrari?

* That must have been a while ago- when I bought mine 4 years ago, Geico stated that they would only give me what I paid for it, if it was ever totaled.

 

Or...won it in a Baccaret game in Monte Carlo...

 

Fixer uppers are the best routes to go.

Id love to buy a 308 and convert it to a 288.

 

Never financed anything in my life - cars, boats, houses, education, etc. If I can't afford to pay cash I'm not buying it. I'd rather have a tired old Ferrari that I can afford to pay cash for over a new shiney one that I can't. Just my personal bias......

 

Be interesting to now how many people took equity from their property to buy an F car. I part finance my cars, make sure can afford the payments and keep a good few months or even years payments in my back pocket.
If you draw funds from your proeprty to fund your hobby/ passion I cant see that it's any different from taking finance, it still money owed at a different rate. Saying that there's nowt wrong with it.

 

+1

Grew up with a father who lived through the great depression.

 

I stole it........at least I drive it that way

 

+1

I remember 1982, when my father desperately needed a new car but was worried about getting laid off. He really wanted another Saab (he'd had three), but couldn't buy it with the cash he had.

He bought a 1982 Nissan Sentra station wagon which he drove for many years. It's the car I learned to drive on.

My father was not laid off after all, and he's a multimillionaire now.

I have a Ferrari and a Mercedes, both of which I paid cash for; I definitely learned something from my father.

When I have ALL the cash, I'm buying a 430. In the meantime, my beautiful "old" Ferrari makes me very happy.

 

Traded my 1 year old Volvo S60 and '98 Pathfinder and paid cash for the difference.

 

i dont gamble....lol

 

Cash is king.