Hey all, I'm wondering what percentage of you bought your Ferrari straight-out and what percentage financed. I ask because it seems wiser to finance long-term if you intend to flip the car in a few years than to plonk down a lot of money at once and tie it up in a car. Thanks in advance for your replies! Henry
In my case: both! I paid $20k cash and am financing the other $15k. Most people will say that paying cash for a Ferrari is the only way to go, but in my case a compromise worked out best.
I've heard more than 2/3 of NEW exotic cars are leased. Here's my thread talking about the social lines you're trying to draw here: http://www.ferrarichat.com/forum/showthread.php?t=73629
Cash....although if I were looking into a more expensive vehicle, and said vehicle were at a dealer, I could be easily swayed into financing it if the plusses and minusses worked in my favor. Aaron
I traded my Works Cooper in on my Superamerica. Almost paid for the HGTC package. Put the rest on Amex.
Out of curiousity, did the dealership charge you for using the Amex? I have to imagine they definatly frown upon that. That's what, 3%?