Running a Ferrari V12 isn’t that expensive
Discussion
https://youtu.be/2kenpQddcfU
I watched this video expecting horrific numbers but came away with the opposite impression, that running a (older) Ferrari V12 isn’t that ruinous. Yes there was one very big bill but averaged out over the life of the car it was under £3k per year. As long as don’t buy new and so avoid the biggest (or only) depreciation £3k is nothing in the scheme of things. I’m sure if you buy a newer, much cheaper car you can easily suffer a total cost (with depreciation) of more than £3k a year and wouldn’t you rather have a Ferrari V12 as your second, weekend car?
To make it work you probably need a fair amount of spare cash to be able to fund the odd big bill and it helps if you own the car over a long period to even out costs, offsetting the years when you get away with just a minor service with those big bills for more expensive maintenance.
I watched this video expecting horrific numbers but came away with the opposite impression, that running a (older) Ferrari V12 isn’t that ruinous. Yes there was one very big bill but averaged out over the life of the car it was under £3k per year. As long as don’t buy new and so avoid the biggest (or only) depreciation £3k is nothing in the scheme of things. I’m sure if you buy a newer, much cheaper car you can easily suffer a total cost (with depreciation) of more than £3k a year and wouldn’t you rather have a Ferrari V12 as your second, weekend car?
To make it work you probably need a fair amount of spare cash to be able to fund the odd big bill and it helps if you own the car over a long period to even out costs, offsetting the years when you get away with just a minor service with those big bills for more expensive maintenance.
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