Strange Question

I was a Ferrari and Alfa mechanic for twenty-eight years. Owned four cars over that time. Now I teach racing drivers their craft.

Become a doctor. It's an easier life!

 

It is a common question on this website.
Often people give smart-aleck answers.

Truth is there is a wide range of prices for Ferraris. Everything from $20k or so up to $20M+.
The popular models that can be bought under $100k are the 308, 328, 348, 355, 456, and some of the older, high-mileage 360s and 550s.
Most people have them as an extra, fun car, not their daily driver.
Almost 100% of them are kept in a garage.
So, when you can afford it as a second car, pay for the insurance, and have a garage to keep it in, that is when you should buy one. Also, budget $2k - $5k a year for maintenance.

People either make enough money that they can afford to own one as a hobby or they are so passionate about the cars they make it one of their priorities to own one.

In reality, any one with a decent paying job could afford one, if it was one of their priorities.

Good luck.

 

Millionaires can't own 308s???

Don't tell barcheta.

LS

 

everyone knows it's the peasant Ferrari.... would you like fries with that?

 

read my profile.

 

no need for welfare... come dig ditches with me... Robbie can wear his mirrored shades and supervise us!

 

Strange, no. in fact it's the most common. stupid, yes. specially since you didn't fill out your profile. really has no bearing on your ferrari ownership. the rich ones do what rich people do and the middle class do what middle class do. there aren't many poor ones. I'm a wallpaper hanger. a good one!

 

does that mean we can be chained together ?? ahhhhhoooooooga......

 

I am just talking $$$ and not including happiness etc:

With a few exceptions like those that inherit large sums of money I believe the difference between rich people and poor people is not determined by how much money they have but more a state of mind. You can strip someone that has made money of everything and drop them in the woods naked and within a short period of time they will be at it again and will probably end up with more wealth than they had before.

On the other have you see those that win the lottery or come into some other type of windfall of cash and if they were poor before they will likey end up poor again very soon. I also know people that have gigantic incomes that live paycheck to paycheck and wonder how someone educated and smart can live like that. I have friends that have had 6 figure incomes going back 20 years and have nothing to show for it. I can't even figure how they spent that much money and still have nothing. I just sit back and wonder if I had thier incomes what I could have done with the money.

As far as a career choice, I have seen people make tons of cash in ways I would not have thought possible so I don't it makes that much of a difference what you do but more about how you do it. Most of the people I know of wealth still pick up pennys and can still be considered "cheap", not always in a selfish way but not wastfull regardless of how small the amount. 10% is still 10% regardless of how small the amount.

For a start your at least smart enough to ask the right crowd. I always get a chuckle out of people that take financial advice from someone that can't manage there own finances. So with that in mind don't hang out with too many losers, it does rub off on you.

Everyone says they want more $$$ but I don't believe most of them really mean it or have what it takes inside them to acheive or maintain it. Best of Luck.