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Old 02-11-2014, 02:05 PM   #1
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Wrong color, right car for JD

2003 Used Ferrari Enzo at CNC Motors Inc. Serving Ontario, CA, IID 11576417

Check out the price in the upper right corner.

I've been to this place before and it's full of eye candy. Friendly owner. I was a few days too late in buying an 07 Cayman S in paint to sample Porsche Nordic Gold. It looked fantastic. I asked Fraser how he got so many exotic cars. He said he's got connections to lots of high end dealers who'll get something exotic in and won't have a desire to sell it so they wholesale to him. Nice business model.

Wonder what the Enzo will be worth in 10 yrs? Anyone got $2.6M lying around to find out?

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Old 02-11-2014, 02:31 PM   #2
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her elbows are too pointy.
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Old 02-11-2014, 04:58 PM   #3
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I think I'd rather spend 2.9 million on an F40. Wonder how much those go these days.
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Old 02-11-2014, 06:39 PM   #4
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Those are cheap Kenny. Those Ferraris sell for half that. Cheap and Ferrari...can't believe I said that.

For Sale: 1992 Ferrari F40 for $729,000
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Old 02-11-2014, 06:48 PM   #5
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David MacNeil, founder of WeatherTech, has a red Enzo...we see it in the paddock at Road America. How come I didn't think of selling floor mats?
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Old 02-11-2014, 07:05 PM   #6
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Hmm.. they're offering 1.9% financing for 60 years.
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Old 02-12-2014, 04:24 AM   #7
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Hmm.. they're offering 1.9% financing for 60 years.
JD,

Thx for the finance tip -- I have $2.5M hanging around so I just have to finance the remaining $100K. After I buy it, I'll have it painted Speed Yellow in your honor.

Regards,
paul...
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Old 02-12-2014, 07:21 AM   #8
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Hmm.. they're offering 1.9% financing for 60 years.
This got me thinking... what would the monthly payment be, what would the final amt spent be?

So I ran the numbers through my handy SAS pgm - $2.6M at 1.9% for 720 mo...

monthly payment - $6054.88
last payment - Mar 2074
total spent - $4,359,511.83

If you used this financing to keep the car for a 10 yr investment, you'd spend $708,421. You'd still owe $2.4M at that point.

Just crunchin the numbers...
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Old 02-12-2014, 01:54 PM   #9
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monthly payment - $6054.88
last payment - Mar 2074
total spent - $4,359,511.83

Pfffft....
A mere trifling for Jonathon Danger, though he'd be 170 years old when the last payment was due !!
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Old 02-12-2014, 03:27 PM   #10
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Originally Posted by paulv View Post
JD,

Thx for the finance tip -- I have $2.5M hanging around so I just have to finance the remaining $100K. After I buy it, I'll have it painted Speed Yellow in your honor.

Regards,
paul...

Can you put some snow tires on it for me too ?
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Old 02-12-2014, 03:29 PM   #11
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monthly payment - $6054.88
last payment - Mar 2074
total spent - $4,359,511.83

Pfffft....
A mere trifling for Jonathon Danger, though he'd be 170 years old when the last payment was due !!
No worries.. I have relatives in Transylvania who are older than that.
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Old 02-12-2014, 03:37 PM   #12
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I wouldn't mind an enzo in black. It just needs a couple bat wings on the rear to complete the look...

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Old 02-19-2014, 08:03 PM   #13
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I see also, memamg car was a good car, its price is definitely too expensive?

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Old 02-19-2014, 08:16 PM   #14
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Bargain !!!!!!!

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