Why can Justin Bieber not buy a Ferrari?
However, some people are allegedly banned from buying a Ferrari even if they have the funds. One of the most common reasons is that they modify the cars without the manufacturer’s consent. Justin purchased a Ferrari 458 Italia F1 edition. He upset the manufacturer when he got it modified without the brand’s permission. Entrepreneur Jeff Fenster reveals the exclusive, rule-laden process of buying a Ferrari—where owning a used model is a prerequisite to buying new. From background checks and resale restrictions to brand loyalty and anti-Lamborghini bias, Ferrari’s elitist ownership norms fascinate many.The infamous Ferrari blacklist has become the stuff of automotive legend – a shadowy index of individuals deemed unworthy of purchasing the company’s finest limited-edition models.Ferrari don’t ban people from modifying their cars; that’s a myth. Lucas Sagui Evangelista Deadmau5 got chased down because he was using the Ferrari badge and font on custom badges. It was a trademark issue, not a car modification issue.
Are Ferraris high maintenance?
So, are Ferrari vehicles expensive to maintain? Ferrari maintenance costs are all relative. While Ferrari maintenance is more expensive than caring for a basic sedan, there are many factors to consider. Ferrari models are built with the very best materials on earth by the top automotive professionals. Value Retention Many vehicles tend to experience depreciation over time — but when it comes to Ferraris, the opposite is often true. Ferrari vehicles tend to hold their value over time, and often even appreciate in value.As compared to other exotic car brands, Ferraris tend to hold their value well. Studies have shown that many Ferrari models depreciate at a slower rate than other exotic cars of the same caliber. While some depreciation is expected in the first decade, most models stop depreciating after about 10 years.