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Thread: First time Ferrari - California

  1. #1
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    Default First time Ferrari - California

    Hi guys,

    I'm looking to buy my first Ferrari next Spring for my 32nd birthday!

    I've never gone close to this level of motor before, my finest so far being a Mercedes C63 AMG so this is all a bit new so any advice appreciated.

    My wife will be driving a Merc GLE and it'll also be the 'main' family car and I'll have the Ferrari for alone times or weekends with just the baby (my daughter is only with us every other weekend)

    I need a 2+2 (however impractical the back seats are they should fit a boy of 18 months at the time of purchase in). So I've looked at another Merc C63, Porsche 911, and now finally arrived at a Ferrari California.

    I've got a budget of approx 80k (could push a bit higher for the right car) so I'm looking at a circa 10/11 Cali. Anything negative to look out for on these cars? Or any reasoning to up budget for a newer version?

    I've been doing some online research and can't see much reasoning to go newer than the 2010 which appear to be 20-30k less than the 2013+?

    I'll be looking for a white body with red trim and grey/black 20" wheels.

    Thanks!

  2. #2
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    CPD
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    Just the main thing that few will tell you.

    Mercedes is a high volume mainstream manufacturer so you may well have gotten used to modern stone-axe reliability.

    Ferrari by contrast is a low volume niche maker that cannot possibly afford the level of tooling and engineering that goes into a volume car.

    Go into it with your eyes open to that and you will have a blast.

    Use it regularly for best results.

  3. #3
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    Quote Originally Posted by Modificato View Post
    Just the main thing that few will tell you.

    Mercedes is a high volume mainstream manufacturer so you may well have gotten used to modern stone-axe reliability.

    Ferrari by contrast is a low volume niche maker that cannot possibly afford the level of tooling and engineering that goes into a volume car.

    Go into it with your eyes open to that and you will have a blast.

    Use it regularly for best results.
    Thank you for the reply. I will probably add 6-8k miles a year.

    Iím no high earning by any stretch compared to many Ferrari owner but after living costs etc I do usually save a respectable figure monthly.

    Would you look at getting a Ferrari warranty or play it by ear? I must admit Iím tempted to get one for peace of mind. The roof breaking wouldnít be pleasant.

    Anything which would make you recommend a newer Cali over the 2010?

    Thanks again

  4. #4
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    Something to bear in mind is the performance: your current C63 is a little bit quicker than the 2008-2015 California. There are other benefits to the California of course, but it's something to be aware of.

  5. #5
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    Quote Originally Posted by MWStewart View Post
    Something to bear in mind is the performance: your current C63 is a little bit quicker than the 2008-2015 California. There are other benefits to the California of course, but it's something to be aware of.
    Thanks for the reply.

    I'm not much of a speedfreak, I enjoy acceleration but top end isn't for me and they seem very similar stats 0-60. It's more about having that itch regarding a Ferrari that needs scratching whilst I can afford to - never know what's round the corner!

    Thanks

  6. #6
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    Can I ask for those who finance there vehicles, do Ferrari Financial Services offer balloon HP on approved vehicles? Or just HP/PCP on new?

    Also, does anyone have any recommendations/contacts for low APR brokers/financers? I've spoken to JBR.

  7. #7
    jos's Avatar
    jos is offline Post whore with no life, no friends, and a problem fitting into normal social circles Club Member
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    FOC have a tie-in with Oracle Finance - might be worth a call

  8. #8
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    Quote Originally Posted by jos View Post
    FOC have a tie-in with Oracle Finance - might be worth a call
    I've emailed Oracle Finance along with 4 or 5 other companies I've seen recommended. Had one quote back so far. 7.1% APR seems high though and quite a low balloon. I was hoping to get closer to 1k a month or am I barking up the wrong tree?

    I've found a vehicle I like and considering moving early;

    https://www.autotrader.co.uk/classif...at_cars&page=1

    Here are the figures I got:

    Vehicle Cost
    £ 89,950.00
    Less deposit
    £ 8,995.00
    Payable by
    36 monthly payments of
    £ 1,711.86
    1 Final Payment of
    £ 31,400.00
    Customer PAF
    Annual Percentage Rate
    7.1%
    Total Amount Payable
    £ 102,021.96

    Vehicle Cost
    £ 89,950.00
    Less deposit
    £ 13,500.00
    Payable by
    36 monthly payments of
    £ 1,573.01
    1 Final Payment of
    £ 31,400.00
    Customer PAF
    Annual Percentage Rate
    7.1%
    Total Amount Payable
    £ 101,528.36

  9. #9
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    Carper Mike
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    Well .... the one you have found certainly ticks the "red interior" box

    Did you get the finance quote via JCT600 ?

  10. #10
    A348W's Avatar
    A348W is online now I have a dodgy moustache - the Ferrari 308 Club Member
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    I can certainly recommend Andy Wise at Fast Cars, 01635785400. Was recommended to me by Roger at The Ferrari Centre. (I didn't buy through Roger, but know him via a family contact.)

    I wouldn't use JBR. I spoke to them and they were encouraging me to make a false declaration on the finance forms!!
    Last edited by A348W; 19-09-2018 at 03:59 PM.

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