Get the latest auto industry news and car information

Ferrari is one of the most prestigious car manufacturers in the world. Car manufacturers have felt the pinch in the crisis with many requiring bail outs from governments. This has clearly been seen in the Formula 1 circuit with the likes of Honda, Toyota and BMW pulling out of this exclusive sporting event and the reduced amount of car sponsorship deals. However in some ways Ferrari is unlikely to have been affected as much as other car manufacturers because they only really target consumers on high incomes. Although many of these high fliers have seen their incomes reduce, other people in this group have actually made money in the crisis. The crisis has been hard on most of us; many people have had to adjust to accommodate the problems faced. There is still the option of purchasing a used Ferrari which has been through a certain amount of depreciation which allows the car to be cheaper. For many people this price will still be too expensive but it is definitely worth taking a look if, like many people in the past year or so, your salary has reduced or indeed not increased as much as usual.

Of course there are other options in order to purchase a used Ferrari. For example several dealerships such as Sytner offer great finance deals to help you afford to buy your dream car. Once you have decided to put your heart and sole into buying a Ferrari the question really is which model should I buy? Continue reading ‘Used Ferrari – The Cheaper Way of Owning a Legend’ »

Ferrari was founded way back in 1929 but believe it or not the original plan wasn’t to produce road legal vehicles. In fact at the beginning Ferrari sponsored drivers and produced racing cars very much like they do today in Formula 1. Enzo Ferrari was very reluctant to design and manufacture a Ferrari that was road legal but over the past few decades it has enabled thousands of people to own and drive a supercar.

In recent years it has become easier in terms of affordability to own a Ferrari. This is mainly because more people have purchased a Ferrari and eventually these cars are sold onto the second hand car market. Don’t be fooled though second hand Ferraris are still more expensive than most new cars produced by other manufacturers even the likes of Mercedes Benz and Porsche. One of the most affordable Ferrari’s is the Modena priced at around £40,000 depending on the age and condition of the car. However certain pre-owned Ferrari’s have actually increased in price due to the limited number of models that were made. Used Ferrari’s don’t depreciate that much which is great news in some ways for second hand owners because you could sell the car a few years later with a limited amount of loss. Continue reading ‘Used Ferrari – It Has Become Easier to Afford One’ »

Ferrari was founded way back in 1929 but believe it or not the original plan wasn’t to produce road legal vehicles. In fact at the beginning Ferrari sponsored drivers and produced racing cars very much like they do today in Formula 1. Enzo Ferrari was very reluctant to design and manufacture a Ferrari that was road legal but over the past few decades it has enabled thousands of people to own and drive a supercar.

In recent years it has become easier in terms of affordability to own a Ferrari. This is mainly because more people have purchased a Ferrari and eventually these cars are sold onto the second hand car market. Don’t be fooled though second hand Ferraris are still more expensive than most new cars produced by other manufacturers even the likes of Mercedes Benz and Porsche. One of the most affordable Ferrari’s is the Modena priced at around £40,000 depending on the age and condition of the car. However certain pre-owned Ferrari’s have actually increased in price due to the limited number of models that were made. Used Ferrari’s don’t depreciate that much which is great news in some ways for second hand owners because you could sell the car a few years later with a limited amount of loss. Continue reading ‘Used Ferrari – It Has Become Easier to Afford One’ »