How to Buy a New Ferrari

by Contributor

Buying a new Ferrari is a fantasy for many people, but for those who can afford the luxury, the process is quite specific. Buying a new Ferrari is not like walking onto a car lot and leaving with the car a few hours later. With a few tricks up your sleeve though, you can speed up the process and get treated like a VIP.

Research the new Ferraris available. This should be done a number of ways. Start on the Ferrari website to see the new models available. Decide which is your favorite. Read reviews about the car from one of the well-known car magazines, like "Car & Driver". This will give you an unbiased perspective.

Locate a Ferrari dealer near you. Check out the DuPont Registry for a list of Ferrari dealers and to compare their prices and inventory. Most of these will be used Ferraris, as listed on the site, but a quick call to the dealer will get you information about purchasing a new Ferrari.

Make an appointment. In order to talk with most sports or high-end car dealers, you will need to make an appointment to go to the dealership. They will be able to show you what is in their inventory and what can be ordered for you. High-end cars are often very customized to the client's needs and wants. This meeting allows you to talk about those needs and wants.

Test drive and buy. If the Ferrari you desire is in stock, you can test drive, often with a large deposit, and decide if it is the right car for you. If so, you will talk with the dealer about payment options. If you are looking to finance, you need to have an excellent credit rating. If you are paying cash, you may be able to get a slight price break, but don't count on it. People who can afford Ferraris generally aren't looking for price breaks.

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