Take Your Pick - Ferrari Life
 
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post #1 of 15 Old 07-18-2013, 04:04 PM Thread Starter
 
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Take Your Pick

Hey everyone,

I've lurked the forums for a while now but finally decided to make an account today.

I'm in the market for a used Ferrari at the moment since I don't want to spend too much money at the moment, so I want to go like $70K tops, MAYBE a little more.

I'm a sub 20-year old person as well.

Anyway, I was looking at a used 360 Modena just due to the fact that it's a car I've loved all my life, and I still think it's a very well blended vehicle.

Recommendations? Throw them this way.
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post #2 of 15 Old 07-19-2013, 08:15 AM
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Perhaps a 348 or 355, give yourself a little cushion for unexpected repair bills
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post #3 of 15 Old 07-19-2013, 10:26 PM
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Might be worth a discussion with the insurance company upfront to see what the premiums will be for different models given you age.

Hard to go wrong with a well sorted manual 2001-2004 360 Modena. Just make sure it has a complete service history and get a detailed PPI done.
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post #4 of 15 Old 07-20-2013, 05:31 AM
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Definitely check the insurance situation first. It can be a huge amount. Also make sure you have some "just in case" money for the car.

Old enough to know better, young enough to do it anyway!
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post #5 of 15 Old 07-22-2013, 08:29 PM Thread Starter
 
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Originally Posted by carcrazyteen View Post
Definitely check the insurance situation first. It can be a huge amount. Also make sure you have some "just in case" money for the car.
Yeah, I'll be checking that once I get home from a college program that I'm attending.

I have money set aside already for that too, I essentially have set aside a good amount for a vehicle, and the "oh shit" money is there in case anything is wrong with the vehicle.

What's the lowest price you guys would opt for?
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post #6 of 15 Old 07-23-2013, 07:53 AM
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What's the lowest price you guys would opt for?


You can't buy a Ferrari with that mindset.


A car that is a "Deal" will break you. There are no deals on these cars. Cars with bad ownership histories, poor treatment, deferred maint., poor quality repairs, in other words "fixer uppers" will cost a great deal more to own. I have been in this business a long time and the one constant in buying a Ferrari is that the cheapest car is the very best one you can find.

Pay the money up front and get a really good car.
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post #7 of 15 Old 07-23-2013, 09:32 AM
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If you're under 20, you really have loved the 360 ALL your life!

They are wonderful cars. But as everyone says, do your homework re the costs. Nothing can spoil the dream faster than a car you discover you cannot afford.

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post #8 of 15 Old 07-23-2013, 11:55 AM
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I wouldn't unless you can keep a cushion of 30K on hand at all times for maintenance. If that gearbox goes out... Replacement cost is 22K give or take.

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post #9 of 15 Old 07-24-2013, 06:15 PM
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Listen to Brian dont go looking for the cheapest car. It will be nothing but trouble.

Old enough to know better, young enough to do it anyway!
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post #10 of 15 Old 09-06-2013, 10:27 PM Thread Starter
 
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My bad for not responding for some time, finally got home, no longer busy.

I have a lot of cushion money actually, that wouldn't be an issue due to it actually being a mindset.
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post #11 of 15 Old 09-07-2013, 02:16 AM
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My bad for not responding for some time, finally got home, no longer busy.

I have a lot of cushion money actually, that wouldn't be an issue due to it actually being a mindset.
Grab one!

Manual or F1 - it'a a great car for the money and a PPI should tell you what you are in for.

Suggest talking to owners vs dealers and find yourself a shop you can trust.

Even if you spend 10k per year it's not going to depreciate vs a new car.

Suggest posting what you are looking at before the purchase and then driving it as much as possible.

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post #12 of 15 Old 09-11-2013, 09:41 PM
 
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seriosuly? i'm jealous.

under 20 with money to spend on 70K car? unreal. so you must have had at least a 50K/ yr job since 15 y.o. or were handed some serious cashola payola. I'm jealous for sure.

Best of luck to ya. However, if you did your homework right, the best thing to do is put that money towards whatever degree you are working on and enjoy the Fcar life a little more down the road. no way in heck i even thought seriously about a Ferrari at age 19. too much school going on!
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post #13 of 15 Old 09-12-2013, 01:31 PM
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I thought seriously about a ferrari way before 19. even with school. couldn't get one, but I thought seriously about it.



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post #14 of 15 Old 09-12-2013, 05:10 PM
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I thought seriously about a ferrari way before 19. even with school. couldn't get one, but I thought seriously about it.
Couldn't have said it better Wetpet!

Laissez les bons temps rouler!
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post #15 of 15 Old 09-17-2013, 07:32 PM
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Agree with some others here. Check with Insurance companies first. If you like a particular Ferrari buy that one. We all have opinions here, and I have owned both a 348SS and a 308QV and can tell you how they are both great in thier own way.

It is all about what you like.

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