New Member! How did you afford your car? | FerrariChat
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New Member! How did you afford your car?

Discussion in 'New Member Introductions' started by RyanF430, Aug 18, 2023.

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  1. RyanF430

    RyanF430 Rookie

    Aug 18, 2023
    2
    Northern Virginia
    Full Name:
    Ryan Assi
    #1 RyanF430, Aug 18, 2023
    Hello, everyone!

    I'm an engineer and relations consultant who is looking for my first Ferrari, an F430 coupe!

    I currently work on business development for a cybersecurity company and consult for business relationships, to solidify and strengthen them.

    I am curious, how did everyone afford theirs? Please let me know below!
     
  2. EastMemphis

    EastMemphis Formula 3
    Owner Silver Subscribed

    May 25, 2019
    1,822
    Memphis, TN
    Full Name:
    John
    #2 EastMemphis, Aug 18, 2023
    The trick is not to have to "afford" a Ferrari. It should be purchased with extra money that's not doing anything important. If you have to scrimp and save, beg and borrow to buy a Ferrari, especially one out of warranty, you're probably going to be over your head. For a 430, I'd keep a minimum of $20k in reserve at all times for when that "thing" happens. It's going to happen. It's not an if, it's a when.

    If you're into risks, then forget what I said. Borrow to the hilt and then declare bankruptcy when it caves in. Seems like a way to live too.
     
    tomc likes this.
  3. 05F430F1

    05F430F1 F1 Rookie
    BANNED

    Oct 22, 2005
    3,600
    Fort Lauderdale, Florida
    Full Name:
    Todd
    #3 05F430F1, Aug 18, 2023
    COMPLETELY disagree.. Trust me, don't WAIT for anything in life.. MAKE IT HAPPEN as soon as you decide you want something, whether it's material things or not. DO IT>
     
    Doug. likes this.
  4. GrigioGuy

    GrigioGuy Splenda Daddy
    Lifetime Rossa Owner

    Nov 26, 2001
    32,515
    E ' ' '/ F
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    Merritt Tockkrazy
    #4 GrigioGuy, Aug 18, 2023
    Doug. likes this.
  5. 05F430F1

    05F430F1 F1 Rookie
    BANNED

    Oct 22, 2005
    3,600
    Fort Lauderdale, Florida
    Full Name:
    Todd
    #5 05F430F1, Aug 18, 2023
    Money is completely worthless unless you use it.
     
    Doug. and LVP488 like this.
  6. buddyg

    buddyg F1 Veteran
    Rossa Subscribed

    Sep 20, 2004
    6,177
    Naples, FL
    Full Name:
    Buddy
    #6 buddyg, Aug 18, 2023
    I raise circus monkeys.
     
  7. RyanF430

    RyanF430 Rookie

    Aug 18, 2023
    2
    Northern Virginia
    Full Name:
    Ryan Assi
    #7 RyanF430, Aug 20, 2023
    How did you "Make it happen"?
    I'm looking to expand my understanding of business, finance, and opportunity.
     
  8. Steelton Keith

    Steelton Keith F1 Veteran
    Owner Rossa Subscribed

    Aug 19, 2009
    7,592
    Raleigh NC
    Full Name:
    Keith Hall
    #8 Steelton Keith, Aug 28, 2023
    this is different. Welcome Ryan
     
    Doug. likes this.
  9. blkfxstc

    blkfxstc Formula Junior
    Silver Subscribed

    Nov 30, 2016
    856
    TX
    Full Name:
    Eric
    #9 blkfxstc, Aug 28, 2023
    I'm an engineer also. Saved a lot of years before buying.
     
    Doug., tomc and LVP488 like this.
  10. Doug.

    Doug. F1 Rookie
    Silver Subscribed

    Apr 16, 2004
    3,265
    Las Vegas, NV
    #10 Doug., Aug 28, 2023
    Pompous, arrogant, snooty, a whole list of words come to mind reading your post. Not a fine example your setting to a new user.

    Tell me what is wrong with saving for a Ferrari?

    RyanF430, welcome to FChat. Very active 430 forum here, you can learn a lot. Dive in!
     
    05F430F1 likes this.

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