F430 US versus Europe - Ferrari Life
 
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post #1 of 11 Old 02-11-2012, 06:07 AM Thread Starter
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US versus Europe

Hi all. I live in Northern California and own a F430 '08 spider. I've been told that there is a difference in ownership between the US and Europe when it comes to Ferrari. I'm not sure if the guy was referring to just leasing or not but I was curious if anyone knew the facts about this. Seems that in Europe Ferrari can dictate ownership while here in the States they are not allowed such a privilege. Has anyone else heard of this?
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post #2 of 11 Old 02-11-2012, 07:03 AM
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Hi all. I live in Northern California and own a F430 '08 spider. I've been told that there is a difference in ownership between the US and Europe when it comes to Ferrari. I'm not sure if the guy was referring to just leasing or not but I was curious if anyone knew the facts about this. Seems that in Europe Ferrari can dictate ownership while here in the States they are not allowed such a privilege. Has anyone else heard of this?
Maybe in the good ole days - right now they just want to sell cars.

Production has doubled - orders needs to reflect that added cost.
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post #3 of 11 Old 02-11-2012, 07:12 AM Thread Starter
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Hey Doug, let me clarify what I meant by ownership. I meant not who can buy the the car but who ultimately "owns" the car.
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post #4 of 11 Old 02-11-2012, 07:28 AM
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Hey Doug, let me clarify what I meant by ownership. I meant not who can buy the the car but who ultimately "owns" the car.
Never heard that bit - I do know when the dealer was going to sell me a GTO they kept ownership rights under the guise of first right of refusal.

If I ever sold the car the dealer kept a right to buy it back at the price I purchased it for or market value.
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post #5 of 11 Old 02-11-2012, 08:47 AM
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contract to sell ...the selling party should not be able attach a sale as a condition... there is a difference if a buy back agreement is negotiated apart from the sale, which becomes a separate contract
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post #6 of 11 Old 02-11-2012, 09:45 AM
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Hey Doug, let me clarify what I meant by ownership. I meant not who can buy the the car but who ultimately "owns" the car.
Never heard of it.
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post #7 of 11 Old 02-11-2012, 10:05 AM
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Old wive's tale.

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post #8 of 11 Old 02-11-2012, 10:15 AM
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Old wive's tale.
I think it started with the F50. Originally you were not allowed to buy it outright, it was a two year "lease" at the end of which you then owned the car. It was done to put of speculators.
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post #9 of 11 Old 02-11-2012, 10:51 AM
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Boxer- Affirmative and there were deals on low production cars where you signed an agreement not to sell the car for one year. But both of those were the same for US and European owners.

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post #10 of 11 Old 02-11-2012, 12:59 PM Thread Starter
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Thanks for the feedback. Didn't sound plausible but was told this is how Ferrari controlled the market.
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post #11 of 11 Old 02-11-2012, 02:55 PM
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Didn't sound plausible but was told this is how Ferrari controlled the market.
I'm pretty sure that would be illegal. You can't sell a car without handing over ownership.


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