Ferrari California

Google / Eng
bigapple33

GoogleEng

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Google
bigapple33more
Feb 5 60 Comments

I am considering buying a used Ferrari California. There a a few ones under $100k (2010~2013 model year). Entry level Ferrari, don’t break the bank account, relatively reliable (not comparable to Toyota of course), seems not bad?

Maintenance is high, $2k+ insurance, $800 oil changes, $4500 factory warranty if don’t want to pay repair bills. Worth? Thought?

My family tc is around $700k, monthly mortgage is ~10k, two kids are all at private schools, $40k tuitions in total per year.

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TOP 60 Comments
  • Oracle gV45dx
    You can’t afford it.
    Feb 54
    • Microsoft cXAU02
      This
      Feb 5
    • Facebook public2
      ...how do you figure? Bought my first exotic with a lot lower comp than op.
      Feb 5
    • Microsoft cXAU02
      Doesn’t mean it was sound financial decision.
      Feb 5
    • Facebook public2
      A car is rarely an investment. It was a big payday for me though.
      Feb 5
  • Amazon Northman
    700k in Seattle is big bucks. In the Bay Area it is not (for a family). Nothing wrong with doing this - as long as you realize you are pissing away 100k. Much better midlife crisis than having an affair - your wife will be thrilled it is just a car.
    Feb 55
    • Facebook tGTv63
      Really? 700k is not big bucks?
      I find this exaggeration reaching it's peak
      Feb 6
    • New TKpg12
      I know, Blind has created this hilarious cycle of unrealistic reporting leading to unrealistic expectations, and on and on, until you get comments like this.
      Feb 6
    • Amazon Northman
      In the Peninsula where houses run around $2M, an after tax income of 400k for a family of 4 is definitely not big bucks. It is enough to pay for a mortgage, cars, schools, save for college for the kids and sock a bit away for retirement. "Big bucks" means vacation homes, Ferraris and flying first class (or private) anywhere you go. You will need well over a mil a year family income to get there in the Bay Area.
      Feb 6
    • Facebook tGTv63
      I think you are confusing being filthy rich with being gainfully employed
      Feb 6
    • Amazon Northman
      I said "big bucks" not "comfortable living".
      Feb 6
  • Amazon kskxien
    Welcome to the United States. Far cry from India where you’re from
    Feb 64
    • Google / Eng
      bigapple33

      GoogleEng

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      OP
      Hmm, how do you know I came from India?
      Feb 6
    • Amazon kskxien
      I definitely can tell.
      Feb 6
    • Google / Eng
      bigapple33

      GoogleEng

      PRE
      Google
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      OP
      But unfortunately you are totally wrong, dude
      Feb 6
    • LinkedIn Satpho
      Lol you sound so american now. Dude...
      Feb 6
  • Oracle
    lalalalal

    Oracle

    PRE
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    lalalalalmore
    Do it!

    PS. Why cheap school for kiddos?
    Feb 51
    • Google / Eng
      bigapple33

      GoogleEng

      PRE
      Google
      bigapple33more
      OP
      Kindergarten and elementary schools, pretty standard here at Seattle, maybe not comparable to Bay Area
      Feb 5
  • Amazon Trolling
    But everything is not about a sound investment. If you slog hard for that much money, allocate some budget for fuck logic let me enjoy money. You deserve to have some fun.
    Feb 60
  • Microsoft yubxsv
    Your wife is also an engineer? And you live in Seattle? That’s a huge comp for Seattle
    Feb 61
    • Google / Eng
      bigapple33

      GoogleEng

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      OP
      Yeah, we both swe
      Feb 6
  • Square fvjHxj
    Lame. Even 2017 Ferrari’s aren’t cool to people who drive exotics. You’re going to look like a try-hard poser.
    Feb 63
    • Google / Eng
      bigapple33

      GoogleEng

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      OP
      Do you mean California is not exotic or all Ferrari’s are not exotic?
      Feb 6
    • Square fvjHxj
      I mean buying old exotics is sort of an odd flex unless you’re a collector. Go big and buy new, get your exact specs, warranty, prestige, etc and give yourself the enthusiast experience where you feel like you really earned something special. Then sell a year or two later for basically the same price you paid to some chump (exotics have surprisingly good resale value if you’re original owner) and then upgrade to the latest version or try out a McLaren and never look back. That’s what I did.
      Feb 6
    • Google / Eng
      bigapple33

      GoogleEng

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      OP
      That’s a good point, even though I never thought of it. I pick up what I like and keep it for long time, maybe I should try another way as you said
      Feb 6
  • Citibank Qt7l
    What do you hope to achieve by purchasing this used automobile?
    Feb 53
    • Google / Eng
      bigapple33

      GoogleEng

      PRE
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      OP
      Ferrari is my dream car, just want to make dream come true
      Feb 5
    • Citibank Qt7l
      Neighbor had one that he drove on Sunday’s. Constant maintenance but he has silly TC and it didn’t matter to him. He bought it new. Used? Your Dream could turn into a nightmare.
      Feb 5
    • Amazon azmix
      Buy a salvage rebuild.
      Feb 6
  • Flagged by the community.

    • Google / Eng
      bigapple33

      GoogleEng

      PRE
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      OP
      Good point. So maybe F430 or even 458 for men?
      Feb 5
    • Facebook public2
      Sure but figure 1 to 2 dollars in maintenance per mile driven and not a daily driver like a porsche could be. Use it to further your career and take it to spic but keep in mind the 4 wheel drive track cars will lap you.
      Feb 5
  • Innovium AI_Matrix
    This is all very misguided advise. Forget Ferrari, to be really happy you need to save up to buy a private jet, or at least get a significant timeshare in one. Gulfstreams are great. You'll need to see if you could get rights to take off and land from Moffett, depending on if you plan on using it for work days as well.
    Feb 61
    • Citibank Qt7l
      You get to ride on Raj’s or have your own?
      Feb 6
  • Tesla dabeat
    Pay off your mortgage and buy a model 3.
    Feb 60
  • Bank of The West
    GSW

    Bank of The West

    PRE
    Cisco, eBay, NetApp, VMware
    GSWmore
    Ferrari is a very nice luxury car but comes with high m/t similar to its lower brand name under Maserati. If you do decide to buy and you are the Ferrari guy :) then definitely buy as much warranty from dealer as possible as you will for sure hit the service department couple of time in a year. Also try not to make this your regular car but just weekend car. It runs great and has a big a$$ brand name but will also lose
    Value quickly.
    Feb 60
  • Netflix vUhw26
    Get a Porsche 911 instead
    Feb 51
    • Google / Eng
      bigapple33

      GoogleEng

      PRE
      Google
      bigapple33more
      OP
      911 is awesome, but not my style
      Feb 5
  • VMware zxzam
    See if you can get a 458 Italia. It will be more enjoyable but with a similar cost of maintenance and insurance.
    Feb 50
  • Adobe acrobat
    How big is your house!! 10k is a lot for mortgage.
    Feb 63
    • Amazon kskxien
      He sends money back home too
      Feb 6
    • Facebook public2
      10k is a lot!?
      Feb 6
    • Microsoft yubxsv
      If the house is in Seattle. If it’s in Bay Area then it’s understandable
      Feb 6
  • Dell LUHV04
    What do you do at google ?
    Feb 61
    • Google / Eng
      bigapple33

      GoogleEng

      PRE
      Google
      bigapple33more
      OP
      Just software engineer
      Feb 6
  • New jwnI43
    What is your yoe?
    Feb 61
    • Google / Eng
      bigapple33

      GoogleEng

      PRE
      Google
      bigapple33more
      OP
      10 years
      Feb 6
  • Qualcomm $@!*
    To enjoy it you dont have to buy it! Also where are you going to drive it to office? In such traffic?
    Feb 51
    • Google / Eng
      bigapple33

      GoogleEng

      PRE
      Google
      bigapple33more
      OP
      Seattle area traffic is not that bad, I probably drive it to my daughter’s school and then my office every day
      Feb 5
  • Oracle blahbl
    How much do you make bro?
    Feb 51
    • Google / Eng
      bigapple33

      GoogleEng

      PRE
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      OP
      Just updated it above
      Feb 5
  • awsome
    Mar 270
  • Ultimate Software JackViii
    I would get it but make sure you put enough down so that when and if you decide to sell it you aren’t upside down. I also assume this is a weekend car and not a daily driver in which I would say don’t get it yet. Get a nice little Audi or something to drive daily pull out the Ferrari only on weekends.
    Feb 140
  • Deloitte / EngSpartacus4
    Go for it! Why work hard if you can not afford to buy what you love? You only live once. I got a 50k car and I was not earning up to half of that back then
    Feb 70
  • Oracle / Engyo6dc
    Order a new one instead. Ferrari comes with 7 year complimentary maintenance.
    Feb 60
  • Adobe gundaraaj
    Do it
    Feb 60
  • Reddit funkfunk
    You’ll spend all your tc on maintenance. But have fun!
    Feb 60
  • Nutanix / R&D
    Karbon🚗🥖

    NutanixR&D

    PRE
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    Karbon🚗🥖more
    A used Ferrari is a nightmare dressed like a daydream.
    Don't say I didn't say I didn't warn ya.
    But I've got a blank check baby!!
    Feb 60
  • Google Bing.com
    FML
    Feb 60
  • Google lkjhgu
    Toc?
    Feb 50

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