How Expensive Is It To Own A Ferrari?

How much does it cost to own a Ferrari?

“Ownership hasn’t been cheap, with maintenance, insurance and on road costs running close to $10,000 a year.

Every three to five years, the engine has to be removed to change the cambelts.

This is at least a $6000 job at a non-dealer mechanic..

Is owning a Ferrari worth it?

2 Not Worth It: The Massive Price Tag They say that you get what you pay for, but this does little to change the fact that Ferraris are known for being exceptionally expensive. Given that there are already few models that are made each year and that they are expensive, most people simply won’t get to own one.

Is Ferrari expensive to maintain?

Ferraris are notorious for being very expensive to maintain. As a general rule, older, more expensive models tend to incur the highest maintenance costs. Other cost averages: Belts – $4,000 every 15,000 miles.

Can anyone buy a new Ferrari?

One of the most astounding things about owning a Ferrari is not the car itself but rather the process of purchasing one. If you think someone just walks into a Ferrari dealership and purchases his or her new Ferrari you are wrong. You can’t just buy a new Ferrari no matter what you have.

Can you finance a Ferrari?

Ferrari Financial Services makes it possible to purchase a classic car as an investment. … This is a unique service that the Ferrari-Macquarie partnership accommodates. “We know the values of the Ferraris that are available and they tend to be a lot more than the price of a new Ferrari.