Fred, I will try and explain what happens. Generally, the wait time for a new Ferrari is about 18-24 months once you have put down a $10k deposit. Once you take deliver, the car is immediately worth a premium of $35-50k on the secondary mnarket due to the wait time. If you sell (other than through a dealer) you will be blacklisted and not welcome into the queue again. If you drive your car over 2000 miles, it is not regarded as "new" and is more difficult to sell (at a premium). It takes a while for a lower priced market to develop for higher mileage and less than msrp priced models (say 2-4 years after you bought it). The result is a choice: drive your car and go into uncertainty of ability to sell, or treat each mile carefully and preserve the marketability so you can take deliver of another new one and pay for it with the sale of the used (new to someone else not in the queue). I hope this gives you an understanding of what is a rather interesting, but silly situation.

Cheers,

David

4