Cars, how important to ph? Ferrari or no?
Discussion
So with the Chris Harris thread and buying a not cheap Ferrari and the comment of work for it buy it, enjoy. How many pH'ers agree?
Myself, can't, Chris's age unless on mega bucks that look stable for 10+ years a resounding NOPE. We hear a lot of post on here saying how if you are a petrolhead you'll go with out for your dream car. Thing is in practice I think Chris in very much in the minority - good on him for doing it but I can't believe that even a small percentage of us act this way.
I think age is very important - 50 + not long left at work, that pension pot is big, you may feel it's not such a risk to buy something silly, bit of equity release or genenerally saved, not that big a deal. Someone in their 30's however, huge amount on a car, you need an epic salary or to live with mum and dad and on beans on toast, at least that's how I see it.
40's still a lot of money, for most life would need to be toned down from the 'norm' for it to not impact on day to day life. Say a couple both of £50k a year, bought a house 15 years ago, they will be comfortable - I'd say most could buy an FF if they really wanted, but and the massive but, life would have to change a lot. The twice yearly holiday gone, that Waitrose shop becomes very selective, you don't eat out anymore, you don't really go out any more at all. You probably don't have kids and if you did they certainty no longer go private, off to the local comp.
Are cars like the FF really still for the really rich, are they cars, even for those on double the average salary and then combined really still pipe dreams?
I think so, anyone else? Or die in debt let the kids sort it ?
I love cars but what's the point in 50 hr weeks at work until 67 for them, bit to old to enjoy then, I think I'd rather retire at 55 and never own one - also the saying never meet your dreams as they disappoint, should £100k+ ferraris stay poster cars for almost everyone?
Myself, can't, Chris's age unless on mega bucks that look stable for 10+ years a resounding NOPE. We hear a lot of post on here saying how if you are a petrolhead you'll go with out for your dream car. Thing is in practice I think Chris in very much in the minority - good on him for doing it but I can't believe that even a small percentage of us act this way.
I think age is very important - 50 + not long left at work, that pension pot is big, you may feel it's not such a risk to buy something silly, bit of equity release or genenerally saved, not that big a deal. Someone in their 30's however, huge amount on a car, you need an epic salary or to live with mum and dad and on beans on toast, at least that's how I see it.
40's still a lot of money, for most life would need to be toned down from the 'norm' for it to not impact on day to day life. Say a couple both of £50k a year, bought a house 15 years ago, they will be comfortable - I'd say most could buy an FF if they really wanted, but and the massive but, life would have to change a lot. The twice yearly holiday gone, that Waitrose shop becomes very selective, you don't eat out anymore, you don't really go out any more at all. You probably don't have kids and if you did they certainty no longer go private, off to the local comp.
Are cars like the FF really still for the really rich, are they cars, even for those on double the average salary and then combined really still pipe dreams?
I think so, anyone else? Or die in debt let the kids sort it ?
I love cars but what's the point in 50 hr weeks at work until 67 for them, bit to old to enjoy then, I think I'd rather retire at 55 and never own one - also the saying never meet your dreams as they disappoint, should £100k+ ferraris stay poster cars for almost everyone?
I think it depends on the line of work that you're in. Mr Harris (hat doffed accordingly, Sir) is a Motoring Journalist and as such, is expected to relay this motoring information to the less well informed public meaning that his "investments" are just that, he is investing in his credibility as a Motoring Journalist and he is "marketing" his business. If I spent £150k on an FF I would be very happy but poor and no further forward in my Career
lamboman100 said:
Everyone should own a supercar at least once in their lives.
A proper one. Not an R8 or a 911.
Doing 180mph.
Riding a golddigger who hops uninvited into the passenger seat at a petrol station.
They are some of the best highs you will ever experience.
A proper one. Not an R8 or a 911.
Doing 180mph.
Riding a golddigger who hops uninvited into the passenger seat at a petrol station.
They are some of the best highs you will ever experience.
Saying as the majority of the population could not afford even a mere 911 without chopping in their mortgages, how do you propose average Joe goes about buying a "proper superstar"? Keep in mind that short of selling a paid-off house and living in the cat, the average bloke in the UK will probably not be able to save enough to buy one in a lifetime.
lamboman100 said:
Everyone should own rent a supercar at least once in their lives.
A proper one. Not an R8 or a 911.
Doing 180mph.
Riding a golddigger who hops uninvited into the passenger seat at a petrol station.
They are some of the best highs you will ever experience.
Sounds like an agreeable weekend when the wife is away visiting her folks A proper one. Not an R8 or a 911.
Doing 180mph.
Riding a golddigger who hops uninvited into the passenger seat at a petrol station.
They are some of the best highs you will ever experience.
In case she ever finds this site / who I am
IT'S JUST A JOKE TO IMPRESS MY INTERNET FRIENDS 
Mastodon2 said:
Saying as the majority of the population could not afford even a mere 911 without chopping in their mortgages, how do you propose average Joe goes about buying a "proper superstar"? Keep in mind that short of selling a paid-off house and living in the cat, the average bloke in the UK will probably not be able to save enough to buy one in a lifetime.
You work your way up, buy sensibly and it is possible. I have a house, am under 30, and have no debts other than the mortgage yet have an audi, noble and vx220 and would like to add a 348 to that this year.Edit: No I'm not a big MD. I earn £30k a year.
I must admit that I'm punching well above my weight with my Lambo. I took a big risk in buying it nearly 7 years ago and freely admit that I would struggle if it had a major failure. And yes, I did borrow in order to buy it.
But I am, and always have been heavily in to cars and bikes, and to me they are a huge part of my enjoyment of life. I get such a rush from driving / riding my cars and bikes, especially the Countach, that the cost and the risk feels worth it.
I don't do many miles in it, just a few hundred a year on average, but just looking at it in the garage makes me smile even after 7 years.
I do the general servicing myself and so far it hasn't cost a lot to keep, but I know there will be some stonking bills coming at some point. I reasoned that if the worst does happen then I can mothball it until I can find the funds. Basically I talked myself into it and I'm so glad I did. It has turned out well, as it is now worth a lot more than I paid for it, in fact if the engine blew up tomorrow it would still be worth more than I paid, which was just luck as I have never bought any car as an investment.
So yes, I took a risk and have taken the plunge on my dream car, but I don't regret it one bit And as I managed to buy just before they went up, I now own a car that I couldn't afford to buy now, so if I hadn't done it when I did it would have remained an unobtainable dream.
But I am, and always have been heavily in to cars and bikes, and to me they are a huge part of my enjoyment of life. I get such a rush from driving / riding my cars and bikes, especially the Countach, that the cost and the risk feels worth it.
I don't do many miles in it, just a few hundred a year on average, but just looking at it in the garage makes me smile even after 7 years.
I do the general servicing myself and so far it hasn't cost a lot to keep, but I know there will be some stonking bills coming at some point. I reasoned that if the worst does happen then I can mothball it until I can find the funds. Basically I talked myself into it and I'm so glad I did. It has turned out well, as it is now worth a lot more than I paid for it, in fact if the engine blew up tomorrow it would still be worth more than I paid, which was just luck as I have never bought any car as an investment.
So yes, I took a risk and have taken the plunge on my dream car, but I don't regret it one bit And as I managed to buy just before they went up, I now own a car that I couldn't afford to buy now, so if I hadn't done it when I did it would have remained an unobtainable dream.
RedBull said:
I must admit that I'm punching well above my weight with my Lambo. I took a big risk in buying it nearly 7 years ago and freely admit that I would struggle if it had a major failure. And yes, I did borrow in order to buy it.
But I am, and always have been heavily in to cars and bikes, and to me they are a huge part of my enjoyment of life. I get such a rush from driving / riding my cars and bikes, especially the Countach, that the cost and the risk feels worth it.
I don't do many miles in it, just a few hundred a year on average, but just looking at it in the garage makes me smile even after 7 years.
I do the general servicing myself and so far it hasn't cost a lot to keep, but I know there will be some stonking bills coming at some point. I reasoned that if the worst does happen then I can mothball it until I can find the funds. Basically I talked myself into it and I'm so glad I did. It has turned out well, as it is now worth a lot more than I paid for it, in fact if the engine blew up tomorrow it would still be worth more than I paid, which was just luck as I have never bought any car as an investment.
So yes, I took a risk and have taken the plunge on my dream car, but I don't regret it one bit And as I managed to buy just before they went up, I now own a car that I couldn't afford to buy now, so if I hadn't done it when I did it would have remained an unobtainable dream.
Good on you! I wonder if one day I can justify applying that logic into buying a DB7...But I am, and always have been heavily in to cars and bikes, and to me they are a huge part of my enjoyment of life. I get such a rush from driving / riding my cars and bikes, especially the Countach, that the cost and the risk feels worth it.
I don't do many miles in it, just a few hundred a year on average, but just looking at it in the garage makes me smile even after 7 years.
I do the general servicing myself and so far it hasn't cost a lot to keep, but I know there will be some stonking bills coming at some point. I reasoned that if the worst does happen then I can mothball it until I can find the funds. Basically I talked myself into it and I'm so glad I did. It has turned out well, as it is now worth a lot more than I paid for it, in fact if the engine blew up tomorrow it would still be worth more than I paid, which was just luck as I have never bought any car as an investment.
So yes, I took a risk and have taken the plunge on my dream car, but I don't regret it one bit And as I managed to buy just before they went up, I now own a car that I couldn't afford to buy now, so if I hadn't done it when I did it would have remained an unobtainable dream.
Redbull: a great story and you have evidently gotten a great deal of satisfaction from the car. My only car regret is NOT buying a car. The year was 1996, and the car was a 1955 Gullwing, a good 90 point car, all original, no stories. The guy wanted $225k for it...and I actually had the cash, but would have had a lot of investment capital at the time tied up in it. Obviously I had no idea how the classic car market would move, and now it would be worth well over $1 million, and I would have had lots of fun with it.
You made a better call than I did.
You made a better call than I did.
RedBull said:
I must admit that I'm punching well above my weight with my Lambo. I took a big risk in buying it nearly 7 years ago and freely admit that I would struggle if it had a major failure. And yes, I did borrow in order to buy it.
But I am, and always have been heavily in to cars and bikes, and to me they are a huge part of my enjoyment of life. I get such a rush from driving / riding my cars and bikes, especially the Countach, that the cost and the risk feels worth it.
I don't do many miles in it, just a few hundred a year on average, but just looking at it in the garage makes me smile even after 7 years.
I do the general servicing myself and so far it hasn't cost a lot to keep, but I know there will be some stonking bills coming at some point. I reasoned that if the worst does happen then I can mothball it until I can find the funds. Basically I talked myself into it and I'm so glad I did. It has turned out well, as it is now worth a lot more than I paid for it, in fact if the engine blew up tomorrow it would still be worth more than I paid, which was just luck as I have never bought any car as an investment.
So yes, I took a risk and have taken the plunge on my dream car, but I don't regret it one bit And as I managed to buy just before they went up, I now own a car that I couldn't afford to buy now, so if I hadn't done it when I did it would have remained an unobtainable dream.
That's just a fantastic outcome! You deserve to be feeling pretty happy with that. We spend so much time worrying what could go wrong we lose sight of what could go right. But I am, and always have been heavily in to cars and bikes, and to me they are a huge part of my enjoyment of life. I get such a rush from driving / riding my cars and bikes, especially the Countach, that the cost and the risk feels worth it.
I don't do many miles in it, just a few hundred a year on average, but just looking at it in the garage makes me smile even after 7 years.
I do the general servicing myself and so far it hasn't cost a lot to keep, but I know there will be some stonking bills coming at some point. I reasoned that if the worst does happen then I can mothball it until I can find the funds. Basically I talked myself into it and I'm so glad I did. It has turned out well, as it is now worth a lot more than I paid for it, in fact if the engine blew up tomorrow it would still be worth more than I paid, which was just luck as I have never bought any car as an investment.
So yes, I took a risk and have taken the plunge on my dream car, but I don't regret it one bit And as I managed to buy just before they went up, I now own a car that I couldn't afford to buy now, so if I hadn't done it when I did it would have remained an unobtainable dream.
Most people fail to comprehend that it's not just the cost of the car, it's the cost of running it and servicing it and buying parts for it.
I have far more important things to spend my money on, including the mortgage and holidays.
The solution I have found is to buy an American car - a Corvette looks like a Ferrari, goes like a Ferrari but costs less than a Mondeo to run and service. Same with Mustangs and Camaros and they all depreciate extremely slowly so no big hit there either.
To most people, a red Corvette is a Ferrari.
If you want to trump a Ferrari then buy a Viper.
I've never wanted a Ferrari since they stopped making the 246GT. If I had a fortune, I might buy a Lambo but with road congestion, would probably buy a gyrocopter or a motorbike. I think supercars are increasingly inappropriate in times of recession, like Rollers were in the fuel-strapped times of the 70s.
As for being old and splurging the pension, I'm 54 and have enough worries about whether the pension will last, let alone thinking of buying a flash car. i would be far more likley to buy a Toyota Yaris and hope it sees me out.
I have far more important things to spend my money on, including the mortgage and holidays.
The solution I have found is to buy an American car - a Corvette looks like a Ferrari, goes like a Ferrari but costs less than a Mondeo to run and service. Same with Mustangs and Camaros and they all depreciate extremely slowly so no big hit there either.
To most people, a red Corvette is a Ferrari.
If you want to trump a Ferrari then buy a Viper.
I've never wanted a Ferrari since they stopped making the 246GT. If I had a fortune, I might buy a Lambo but with road congestion, would probably buy a gyrocopter or a motorbike. I think supercars are increasingly inappropriate in times of recession, like Rollers were in the fuel-strapped times of the 70s.
As for being old and splurging the pension, I'm 54 and have enough worries about whether the pension will last, let alone thinking of buying a flash car. i would be far more likley to buy a Toyota Yaris and hope it sees me out.
It's all about what makes you happy, would having a Ferrari in your garage make you happier than a couple of holidays a year and eating out whenever you want etc? if so then get the Ferrari, if not then don't.
I know a few people that have pumped all their cash into expensive cars and then can barely afford to go out or even put petrol in it, they soon ended up hating the car and usually sold it at a fair old loss
i think with cars the 80/20 rule applies massively, you can spend 20-30k on something (TVR/Noble/Maserati/Lotus/Corvette etc) and get almost all the fun and ownership experience you'd have in a ferrari yet still get to live a life that doesn't revolve around funding your car
don't get me wrong though, if i was loaded i'd spunk piles of cash on super/hypercars
I know a few people that have pumped all their cash into expensive cars and then can barely afford to go out or even put petrol in it, they soon ended up hating the car and usually sold it at a fair old loss
i think with cars the 80/20 rule applies massively, you can spend 20-30k on something (TVR/Noble/Maserati/Lotus/Corvette etc) and get almost all the fun and ownership experience you'd have in a ferrari yet still get to live a life that doesn't revolve around funding your car
don't get me wrong though, if i was loaded i'd spunk piles of cash on super/hypercars
t what people drive, it's unimportant and doesnt do anything to impress meWhy does it matter how OTHER PEOPLE choose to spend their money? We should all make our financial decisions based on what we want, not what someone else thinks we should do.
For me, cars are not about having a badge or having a big top speed or a big bhp figure. It's about having fun and enjoying myself without getting frustrated with other road users and being happy with my choices.
IF I was in the market for a Ferrari then a FF would be my choice too, but I doubt I'll ever have enough spare cash to be in that market <shrug>
For me, cars are not about having a badge or having a big top speed or a big bhp figure. It's about having fun and enjoying myself without getting frustrated with other road users and being happy with my choices.
IF I was in the market for a Ferrari then a FF would be my choice too, but I doubt I'll ever have enough spare cash to be in that market <shrug>
Zoobeef said:
Mastodon2 said:
Saying as the majority of the population could not afford even a mere 911 without chopping in their mortgages, how do you propose average Joe goes about buying a "proper superstar"? Keep in mind that short of selling a paid-off house and living in the cat, the average bloke in the UK will probably not be able to save enough to buy one in a lifetime.
You work your way up, buy sensibly and it is possible. I have a house, am under 30, and have no debts other than the mortgage yet have an audi, noble and vx220 and would like to add a 348 to that this year.Edit: No I'm not a big MD. I earn £30k a year.
Devil2575 said:
Zoobeef said:
Mastodon2 said:
Saying as the majority of the population could not afford even a mere 911 without chopping in their mortgages, how do you propose average Joe goes about buying a "proper superstar"? Keep in mind that short of selling a paid-off house and living in the cat, the average bloke in the UK will probably not be able to save enough to buy one in a lifetime.
You work your way up, buy sensibly and it is possible. I have a house, am under 30, and have no debts other than the mortgage yet have an audi, noble and vx220 and would like to add a 348 to that this year.Edit: No I'm not a big MD. I earn £30k a year.
With the other comment about holidays though, I fly to calafornia next week for 2 weeks of skydiving. So yes the holidays are still there too.
lamboman100 said:
Everyone should own a supercar at least once in their lives.
A proper one. Not an R8 or a 911.
Doing 180mph.
Riding a golddigger who hops uninvited into the passenger seat at a petrol station.
They are some of the best highs you will ever experience.
OK, I'm calling custard.A proper one. Not an R8 or a 911.
Doing 180mph.
Riding a golddigger who hops uninvited into the passenger seat at a petrol station.
They are some of the best highs you will ever experience.
What car do you own? Seeing as you've also posted on the "What car for £1500 quid" threads I suspect you've probably got a grotbox.
What is a 'proper' supercar?
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