Originally Posted by
Forgotmyhat
Nobody said a Ferrari was an investment strategy. But people poopoo it as frivolous and a waste of money when that isn’t necessarily the case. I’m not a professional trader (as you state above) yet somehow I managed to enjoy Ferrari ownership for three years and end up better off financially than I would have had I not bought the car. I certainly didn’t flush 6 figures down the toilet as some of the nay-sayers would like to believe.
Insurance was around $150 a month with a clean record.
I don’t know what you mean by “normal” people or what that has anything to do with roads in the north. Maybe log on to
Ferrarichat.com and ask someone who owns a Ferrari there.
Ferraris are very popular up north. About 1/4 of the ones I've seen are from Montana.
As far as indulgences go, a used Ferrari is not absurd. The biggest cost in most states is the sales tax.