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    Need some expert input...

    I'm very new to the world of Ferrari, in that I've been a Porsche owner for many years, but as one other poster has stated, I think I've seent the light and seriously considering a gently used 360 Modena. In that regard, I need some input from folks on a couple things:

    1) The price: the dealer I'm working with is talking to me about an 02 Spyder F1 with 8,000 miles and wants about $185K for the car. On the financing side, he would give me $65K for my new 05 Porsche 911/997, which has about 1700 miles and I bought the car for $78K and is pretty loaded with options. Of that $65K, the dealer would then give me cash of $45K and then I would have to put the remaining $20K down on the car with lease payments of $2500/month and with a residual of $98,900. Is this a decent deal or should I run for the hills??
    2) I'm a bit confused as to whether or not I should go for the F1 paddle shifter or a good ole fashioned 6 speed and need collective thoughts on advantages and disadvantages.

    Any thoughts would be greatly appreciated.

    Re: Need some expert input...

    How long of a lease is it (years/miles) @ $2,500 per month?

    Re: Need some expert input...

    Quote:
    swisstrader said:
    I'm very new to the world of Ferrari, in that I've been a Porsche owner for many years, but as one other poster has stated, I think I've seent the light and seriously considering a gently used 360 Modena. In that regard, I need some input from folks on a couple things:

    1) The price: the dealer I'm working with is talking to me about an 02 Spyder F1 with 8,000 miles and wants about $185K for the car. On the financing side, he would give me $65K for my new 05 Porsche 911/997, which has about 1700 miles and I bought the car for $78K and is pretty loaded with options. Of that $65K, the dealer would then give me cash of $45K and then I would have to put the remaining $20K down on the car with lease payments of $2500/month and with a residual of $98,900. Is this a decent deal or should I run for the hills??
    2) I'm a bit confused as to whether or not I should go for the F1 paddle shifter or a good ole fashioned 6 speed and need collective thoughts on advantages and disadvantages.

    Any thoughts would be greatly appreciated.



    The price of the Spider is fair and the residual is difficult to assess since you do not indicate the term of the lease but I assume it is 5 years. You can do the math and determine whether it is reasonable. Will the car be worth 99,000 in five years? Probably.

    I have owned the 360 in 6 speed and F1 and I will never go back to 6 speed. The F1 is about ultimate driving performance. The 6 speed is about you working with the car to reach that ultimate performance. Very few do.

    Ask for a test drive of the F1 and make sure the latest software update for the F1 has been installed.

    Re: Need some expert input...

    Term of the lease would be 48 months.

    Re: Need some expert input...

    Well put. The F1 transmission is unbelievable. You can't begin to compare Porsches and Ferraris. I own an '03 996 TT, it is a great car, reliable, fun to drive. HOWEVER, simply put, it isn't a Ferrari. Treat yourself to the 360, then get on the list for a F430.
    PS. Ferrari dealers are much more reasonable then the naysayers claim in this forum.

    Re: Need some expert input...

    "The F1 is about ultimate driving performance."

    Amen, very few will admit this, there are so many 6 speed snobs. The Stradale F1 is the closest I've come to a Hewland racing sequential. Briefly thought about a 6 speed for my 430, but ... decided I'm not that much of a nostalgia buff.

    Will

    Re: Need some expert input...

    Unfortunately, the wife put the cabash on the whole deal...usual set of words: will become a garage queen in that we'll never get to drive it with NY winters, etc; too much money for purchase, insurance, maintenance, etc; need to buy second car for daily ride; and on and on...still working her, but this may have to wait for a year or two...very sad:(

     
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