buying an Enzo.

[murcielago_boy]

The spread of pricing seems to be crazy!
Maranellos were recently asking £595,000 for a UK car they had with some 6000 miles if I recall correctly (ouch)! One of my brother's friends recently bought one from Monaco for something like £450,000 + VAT. (God knows what "Monaco-spec" is but apparently the local dealer usually has a few for sale)
I was told that only 31 Enzos officially came to the UK but there are plenty of imported cars. From what I've been told specialist business-based asset finance deals means that only the HYPER-WEALTHY are buying them outright - the rest are strapped - that'll be £100,000 (or the 360 CS in part-ex) + £6000 per month with a 60% residual after 5 years!..... not quite as unaffordable as I previously thought!!

[-DeaDLocK-]

murcielago_boy said:

that'll be £100,000 (or the 360 CS in part-ex) + £6000 per month with a 60% residual after 5 years!..... not quite as unaffordable as I previously thought!!

Indeed. Still big painful numbers, yes, but surprisingly accessible for anyone on a six-figure plus salary, of which there are loads.

[Jonny5]

murcielago_boy said:

The spread of pricing seems to be crazy!
Maranellos were recently asking £595,000 for a UK car they had with some 6000 miles if I recall correctly (ouch)! One of my brother's friends recently bought one from Monaco for something like £450,000 + VAT. (God knows what "Monaco-spec" is but apparently the local dealer usually has a few for sale)
I was told that only 31 Enzos officially came to the UK but there are plenty of imported cars. From what I've been told specialist business-based asset finance deals means that only the HYPER-WEALTHY are buying them outright - the rest are strapped - that'll be £100,000 (or the 360 CS in part-ex) + £6000 per month with a 60% residual after 5 years!..... not quite as unaffordable as I previously thought!!

If a monaco dealer can draw a profit (let's say 10-15%) on 450k shows how vastly overpriced the british market is for predominantly non uk supplied cars

Edited by Jonny5 on Wednesday 27th September 18:38

[skel00]

Thanks for the advice. I just don't know about having that sort of cash in the car. I've always gone on the basis its not what is costs but what you lose. I am told an enzo is a better deal than a new lp640 on the basis of the enzo holding its money. I used to have an audi TT a couple of years ago. I bought it new and lost the same as I did on my F430 when I recently sold it, so in effect if you have the readies a ferrari can work out cheaper than an audi. I think I'll wait to be convinced on this...

[Mannginger]

sjp63 said:

...in case you end up buying a Gonzo rather than an Enzo.

I knew someone would have done it:



By the way Skel - lovely looking cars!

Phil

[Auto-Archive]

Hi
My friend has an Enzo and he has now owned it for just over a year. I has been cheaper to service than his Vanquish (annual service was only just into 4 figures) and the tyres are really cheap (less than £300 for a rear compared with approx £1200 for an F40 rear from www.mytyres.com, he hasn't actually bought any yet though). I don't know what it would cost to fix actual faults but I wouldn't worry too much about residuals if you are planning to keep the car long term. His has gone up by approx £80k over the last year. The asking prices for them vary wildly at the moment though.

[tcf]

Jonny5 said:

murcielago_boy said:

The spread of pricing seems to be crazy!
Maranellos were recently asking £595,000 for a UK car they had with some 6000 miles if I recall correctly (ouch)! One of my brother's friends recently bought one from Monaco for something like £450,000 + VAT. (God knows what "Monaco-spec" is but apparently the local dealer usually has a few for sale)
I was told that only 31 Enzos officially came to the UK but there are plenty of imported cars. From what I've been told specialist business-based asset finance deals means that only the HYPER-WEALTHY are buying them outright - the rest are strapped - that'll be £100,000 (or the 360 CS in part-ex) + £6000 per month with a 60% residual after 5 years!..... not quite as unaffordable as I previously thought!!

If a monaco dealer can draw a profit (let's say 10-15%) on 450k shows how vastly overpriced the british market is for predominantly non uk supplied cars

Edited by Jonny5 on Wednesday 27th September 18:38

Fair point Jon but don't forget the costs of conversion for UK legalities - the headlight job cost £7k for one Enzo buyer I know. Having said that it doesn't compare to £100-£150k difference. Last Enzo in Monaco I knew of was £525k + Vat, that was 12 months ago. The Enzo was produced in reasonable numbers (for a super-Ferrari) and the price will level out at about £500k - £550k over the next 18 months in my opinion - European prices tend to keep a dampner on UK prices because an import isn't actually that hard to do. Some of the advertised prices for the UK based cars are very inflated to try to add a false value to the market, which will only work if buyers pay the advertised figures - it would be very interesting to be able to compare 'advertised prices' and 'final sale prices'.

William

Edited by tcf on Wednesday 27th September 22:37

[rico]

Easy way to save the conversion costs.... register it at the Monaco house, thus making it a bit harder for Gatso tickets to find their way to the owner

[tcf]

rico said:

Easy way to save the conversion costs.... register it at the Monaco house, thus making it a bit harder for Gatso tickets to find their way to the owner

If you have a Monaco house that is - conversion may still be cheaper!

[elms]

rico said:

Easy way to save the conversion costs.... register it at the Monaco house, thus making it a bit harder for Gatso tickets to find their way to the owner

That works too

Edited by elms on Thursday 28th September 07:56

[skel00]

Mannginger said:

sjp63 said:

...in case you end up buying a Gonzo rather than an Enzo.

I knew someone would have done it:



By the way Skel - lovely looking cars!

Phil

Love this.. very funny

Thanks on the car front, I got those aston wheels from a company in the states, but I think u can get them here now.

www.hrewheels.com/wheels/series.asp?series=840R

They actually make the car alot more grippy at the rear, and it certainly turns heads now. I also got the exhaust changed to a quicksilver which sounds fantastic.

[ilovevolvo]

Hi did you decide to buy an enzo in the end ?

Russ

[graeme73s]

skel00 said:

Thanks for the advice. I just don't know about having that sort of cash in the car. I've always gone on the basis its not what is costs but what you lose. I am told an enzo is a better deal than a new lp640 on the basis of the enzo holding its money. I used to have an audi TT a couple of years ago. I bought it new and lost the same as I did on my F430 when I recently sold it, so in effect if you have the readies a ferrari can work out cheaper than an audi. I think I'll wait to be convinced on this...

I have a good mate that has 850,000 euro's in an enzo but I really can't see him making a profit in the future. In saying that I normally just lose money on cars and very rarely make. However sticking £200K in a LP640 that will probably be £100K in three years does not make a lot of sense to me. That said if I had a shit load of wedge it would not bother me, I would also ask the factory to disconnect the front diff assembly and not worry about the fact that this will invalidate the warranty.