Originally Posted by HighandDry
Practicality, actual cost of item, maintenance cost, and re-sale value.
Driving a Ferrari daily is a PITA. I love mine, but it's not a practical car. Also, you really don't get the joy of driving that car in a 5 mile work commute.
You ever get door dings? Sorry, but with the amount that the Ferrari cost, I'm not really comfortable parking it in the Whole Foods parking lot
The Ferrari is a luxury item. It's not just a car.
The other thing is the high maintenance cost. When something goes wrong with the Ferrari, it's a lot of money. The clutch only lasts 10-15K miles and that's 6 grand right there.
The last thing is re-sale value. Put those miles on and it's worth a lot less if you want to sell it later.
Upgrade is not just tied to performance.
I guess I would argue if you can't afford maintence costs of driving a ferrari daily than you probably shouldn't buy a ferrari. 99 percent of owners would consider maintence costs or 10-15k a drop in the bucket.
I guess when I buy a car, I buy to enjoy it everyday. Next car I am getting is a GT3 next year and plan to daily drive it.