Owning Your Own Ferrari - Tips to Make It Affordable For You (Part2)

1. Owning Your Own Ferrari - Tips to Make It Affordable For You (Part2) Increase your down payment amount for a more affordable EMI Most people complain that the EMI amount itself is too expensive for them to bear when buying a Ferrari on finance. The smarter way to make this purchase is to keep the down payment amount as high as you can manage. This will reduce the amount of your loan and will eventually help you get better interest rates and a lower Ferrari monthly payment amount. Driving safe means lower maintenance costs and reduced depreciation rates For anyone who is thinking about buying a Ferrari, safe driving and speed limits is definitely not a major priority. But this is one aspect that will help you increase your use of the vehicle and reduce maintenance costs by a considerable amount. Any Ferrari owner understands that maintenance is the second most troublesome expense head for them after the loan EMI. By simply choosing to drive safe and maintaining reasonable speed limits, you can ensure that this cost doesn’t become too much of a burden for you. You can save thousands of dollars on aftermarket parts This is one tip that you will need to be very careful about. If you plan to sell the car in future, then you would be better off sticking to OEM parts because buyers can be picky about these things. But if you are thinking about keeping the Ferrari with you for life, you can easily consider aftermarket parts and third party repairs and save a ton of money. Of course, scheduled maintenance and serious repairs should only be entrusted to the carmaker. However, for frequently replaced components such as brake pads, you can easily trust aftermarket sellers to provide you with a reliable part at a fraction of the original’s cost.