What it cost me to own a Ferrari for a year

"CAR_IS_MI" (car-is-mi)
03/21/2016 at 05:01 • Filed to: None

I recently sold my 2000 Ferrari 360 Modena. You would know this if you followed me on Twitter.

Actually you wouldn’t, becasue I don’t use Twitter, but it sounds like something Doug would say, and since mine and Doug’s F-car ownership have often been compared, I figured it was inappropriate.

I have written several articles about my ownership, and how its differed from Doug’s, and often how it’s been the same. This will likely be the biggest difference in Doug’s 360 ownership vs. mine.

[Full disclosure: I started working for a car dealer shortly before I purchased this car, which afforded me the opportunity to buy all kinds of vehicles at wholesale auction prices, through the dealer (no this was not owned by the dealer, except to transfer the title). I initially purchased this car with the intent of flipping it 3 to 4 months after purchase.]

Initial cost:

When I first happened across this car I was surprised to see such a clean example with only 18,280 miles and full service records at the auction, nevermind being able to get this car at a price I could make potentially make a profit from. Forget the surprise on my face when I was able able to purchase this car for the amount of a Shelby GT500. My purchase price of this 360 Modena was $52,315.00.

In addition to the cost of the car, I had to pay state taxes (as this was bought through the dealer), registration, and insurance.

Tax: $4,237.52

Registration: $368.00

Insurance: $870.00

Maintenance:

During my 10 months of ownership (it wasn’t quite a year :( ) I put 1,863 miles on this car. It’s nowhere near as close to what Doug put on his, but I never intended to attempt to daily drive this car, or use it as a source to create new articles about how my gawky-ness prevents me from picking up chicks in my Ferrari (no offense Doug, I’m gawky too).

Over my ten months, and... hundreds of miles, I spent a whopping $173.00 on maintenance. This pocket breaking amount of maintenance breaks down to one battery that I bought 8 months into ownership, and installed myself (Ferrari owners cringe!!!). For comparison, my S63 is costing me about $2,500 in maintenance in just 2 months....

Misc costs:

As one of the previous owners had kept the OEM car cover, I decided to purchase a Covercraft FormFit car cover for $399.99 (including shipping, I know, I know, I’m so thrifty).

Total Cost:

All said and done, I am $58,363.51 into this car,

So the real question breaks down to; what did I sell it for?

Doug sold his with roughly the same mileage for $78,000. His was also 4 years newer (If I remember correctly) and red (yes, in the world of Ferrari’s this matters).

The real problem came at where do you sell a Ferrari?

I first listed the car on CarGurus and Autotrader. I paid a small fee to list this car at a fixed price, and listed it at $80,000 hoping for an offer around $75,000, knowing this was the higher end of the market.

Besides the occasional scammer and the dealer that offered to consign the car for a small monthly storage fee and 10% of the selling price... I got no offers. Not even a low ball.

So after months of delegating and procrastinating, it came down to Ebay or BAT.

Ultimately I decided to use Ebay as their listing fee was free, with a $125 fee if it sold for more than $4,000. They also charged me a $15 fee for a buy it now price. BAT wanted $250 no matter what.

I listed the car for a 7 day auction with a buy it now of $65,000.

On day 7, with one hour left to go, my auction was up to $55,700. I was preparing to list the item on BAT and pay Ebay the $15 I owed them, and boom, last minute bidding war.

With only several seconds to go, one lucky bidder met my bid at exactly $65,000.

It’s times like this I wish Ebay had a 3 minute reset like BAT does as I assume the 3 bidders would have driven up the price slightly more.

So in 10 months of owning and driving a Ferrari, I spent -$6,636.49. Take away my $140 listing fee from Ebay and I profited $6,496.49. I also got to write off the taxes I paid on it, so it’s slightly more than that, but all in all, through my love, and hate, of this car, I would say it was a good decision.

[Your experience may differ. Most vehicles deprecate, quickly. I do not recommend investing your life savings into an ill advised flip for potential profit.]

DISCUSSION (100)

CCC (formerly CyclistCarCoexist) > CAR_IS_MI
03/21/2016 at 05:20

Anything next or just keeping the proceeds in the mattress?

Flavien Vidal > CAR_IS_MI
03/21/2016 at 05:46

Nice write-up, this should be sent to the FP so that Doug can see it too haha. and same question as CCC, are you planning on getting something else to replace it now?

BvdV - The Dutch Engineer > CAR_IS_MI
03/21/2016 at 06:24

So what will be the next #MrTheEngineer:EarthroamerCar?

BrianGriffin thinks “reliable” is just a state of mind > CAR_IS_MI
03/21/2016 at 06:44

Admittedly, I don't know the market for used 360s, but do you think that values will appreciate over the next five years?

That's gonna leave a mark! > CAR_IS_MI
03/21/2016 at 07:07

I owned one of the first GM (Buick LeSaber) diesels a number of years ago. Bought it new. Sold it after a little more than a year because it wasn’t helping my love life. Never spent a dime on it.

Now the fact that every other GM passenger diesel engine grenaded by year 2 or 3 was more the reality than my experience. Glad that you had good luck but I believe that in that short of time frame of ownership, luck plays a huge role.

Ash78, voting early and often > CAR_IS_MI
03/21/2016 at 07:53

$125 for ebay? Not bad, I always assumed it was a percentage of the sales price like everything else (including a percentage of shipping, those dirty bastards!). Probably not a great gamble, but I'm glad it worked out for you — and you got to drive a Ferrari for almost 2,000 terrifying miles :D

Thomas Donohue > CAR_IS_MI
03/21/2016 at 08:28

Just curious, but why were you able to write off the sales tax?

Nibby > CAR_IS_MI
03/21/2016 at 08:47

what do you do for a living and are you hiring

JR1 > CAR_IS_MI
03/21/2016 at 09:00

You would have gotten another $1000 or more if it was Resale Red

E92M3 > Thomas Donohue
03/21/2016 at 09:14

When you file your taxes and itemize your deductions, you get to write off any taxes you paid throughout the year. Real Estate taxes and any personal property taxes (car, motorcycle, etc). You also get to write off any interest paid on a mortgage. One can either itemize or use the standard deduction. If you don’t own a home the standard deduction is usually the better route. If you do own a home then itemizing deductions is often more than the standard deduction.

Milky > CAR_IS_MI
03/21/2016 at 09:50

Its posts like this that make me want to get an Elise over something like a Miata/Fiata. Good cars that have bottomed out value wise seem like such a smarter buy.

Although I’d put way more than 1,800 miles on it.

Thomas Donohue > E92M3
03/21/2016 at 10:28

Any taxes? Nice. In NJ, only mortgage and real estate property taxes are deductible. Personal property and auto purchase/loan taxes are not, unless it’s used for business in which case you can write off a percentage.

CAR_IS_MI > CCC (formerly CyclistCarCoexist)
03/21/2016 at 10:31

Not sure yet. I need to downsize my fleet considerably first, one thing I learned was that managing 5 cars and 2 motorcycles out of a 2 car garage is no fun, especially if one of those cars is a high end car like the f-car.

CAR_IS_MI > Flavien Vidal
03/21/2016 at 10:32

Haven’t really decided yet.

CAR_IS_MI > BvdV - The Dutch Engineer
03/21/2016 at 10:33

No clue, I need to downsize and finish my current projects then see.

CAR_IS_MI > BrianGriffin thinks “reliable” is just a state of mind
03/21/2016 at 10:36

The Ferrari market is funny. Honestly for the 360's, I feel like they are nearing the bottom of their market, but how long they will sit at that bottom before they turn around and go back up in value is a different story.

CAR_IS_MI > Thomas Donohue
03/21/2016 at 10:37

Some states allow it. Mine does.

CAR_IS_MI > Milky
03/21/2016 at 10:37

Funny, I’m thinking about selling both my Miata and my Fiat and replacing them with an Elise...

E92M3 > Thomas Donohue
03/21/2016 at 11:03

Yep, Ad Valorem or vehicle sales taxes are deductible. That doesn’t mean he saved $4237 in taxes. He just wasn’t taxed again on $4237 dollars he already paid in taxes. Lets assume he’s in the 25% tax bracket. That’s about $1050 savings.

Milky > CAR_IS_MI
03/21/2016 at 11:56

It is hard to argue against it, I’m just afraid of what commuting in Detroit will do to it.

CAR_IS_MI > Milky
03/21/2016 at 12:00

I’m afraid of what commuting in Detroit would do to a Prius never mind a Lotus...

Milky > CAR_IS_MI
03/21/2016 at 12:53

If I were a smarter man I’d be looking at something like this.

Kinja'd!!!

C62030 > CAR_IS_MI
03/21/2016 at 19:47

Good color choice. Ferraris rarely look their best in red. I’m surprised you still got that much more than you bought it for since it’s not a manual (though in this rare case, I love the manual shifter). How were the paddles?

CAR_IS_MI > C62030
03/22/2016 at 00:46

Not as bad as everyone makes them out to be.

Rico > CAR_IS_MI
03/22/2016 at 16:10

Livin GOOD

ronmler3 > BrianGriffin thinks “reliable” is just a state of mind
03/22/2016 at 16:39

No one can predict the future.

idriveayak > BrianGriffin thinks “reliable” is just a state of mind
03/22/2016 at 16:41

If it has a stick, probably sooner than one might think.

Big Block I-4 > CAR_IS_MI
03/22/2016 at 16:46

How do you get to write of the taxes you paid on it, because you only owned it 10 months or some other reason?

Big Block I-4 > Milky
03/22/2016 at 16:48

I don’t know if the Elise has really bottomed out. Doug wrote about how the Elise is one car you can essentially own for free for a year (outside taxes/maintenance/insurance/gas) because you can buy one today for the same price it will sell for in a year. Also DD’ing an Elise in Detroit might not be a ton of fun.

MUSASHI66 > CAR_IS_MI
03/22/2016 at 16:49

I need to try the Elise and see if I fit as a fairly athletic 6ft 205lb guy, but if I do so, I know I would look into selling my Abarth in no time for one of those. Elise is as exotic as it gets for $30k.

Tom-Cruiser > CAR_IS_MI
03/22/2016 at 16:52

I have no clue who you are so I was not following you on twitter.

Hopefully you are not as much of a douche as Doug.

HammerheadFistpunch > CAR_IS_MI
03/22/2016 at 16:52

Great stuff man, too bad your story is going to be upstaged by hulkamania. bad timing, brother. In either case, does this leave more time and monies for earth roaming perchance?

ny6speeder > idriveayak
03/22/2016 at 16:55

This.

Tim > CAR_IS_MI
03/22/2016 at 16:56

Nice! Checking one off the bucket list.
Any regrets on not driving it more? I have to say, I think I’d put 1800 miles on it the first weekend.

barreto > CAR_IS_MI
03/22/2016 at 16:59

“It’s times like this I wish Ebay had a 3 minute reset like BAT does as I assume the 3 bidders would have driven up the price slightly more.”

I hate soft close bidding sites.

krhodes1 > E92M3
03/22/2016 at 17:01

It’s a little more complicated than that, at least at the Federal level. You can deduct EITHER state and local income taxes OR state and local sales taxes but not both. So depending on where you live, how much you made, and what you bought, one will be preferable to the other. For most people in most states, the income tax deduction will be larger. For personal property taxes, they are deductible if based on the current or original value of the vehicle only. If your state bases it on class or weight, you are SOL, though in those cases the tax amount is a lot lower.

At the state level whether you can deduct either varies widely and wildly.

450X_FTW > CAR_IS_MI
03/22/2016 at 17:01

Modena:$52,315.00.

Tax: $4,237.52

Registration: $368.00

Insurance: $870.00

Gated shifter: priceless

Why you no manual?

Daryl > CAR_IS_MI
03/22/2016 at 17:01

And you shall henceforce be known as Doug DeMuro Lite. If you would prefer, you may also refer to yourself as Doug DeMuro Alternate.

AssFault > Milky
03/22/2016 at 17:09

The Elise market seems to be pretty tolerant of mileage. I drive the shit out of mine, and I could probably sell it for more than I paid 6 years ago.

willmederski > C62030
03/22/2016 at 17:09

i’m a big fan of black ferraris.

modena looks pretty good in black.

Kinja'd!!!

i saw a black Enzo. now that! #spaceship

Kinja'd!!!

CAcoalminer > BrianGriffin thinks “reliable” is just a state of mind
03/22/2016 at 17:13

It depends on what type of 360 you are referring to.

Most estimates put U.S. spec 360s at around 4,000 vehicles. However, U.S. spec 360 Challenge Stradales only number around 380.

Not surprisingly, 360 CS prices have increased exponentially over the last few years due to investors entering the car market and recognizing a low production, special vehicle that is linked with a prestigious brand. However, whether standard 360s will see their values increase is a mystery. For instance, there isn’t really anything special about them as the 430 holds the title as the last V8 Ferrari to offer a manual transmission and the 458 being the last NA V8. So, unless a general consensus forms that the 360 is one of the all time best looking models that Ferrari has ever made, I doubt it will see a rise in value. That being said, the fact that it is a Ferrari will mean it will always command a decent price.

gsg0-w > Milky
03/22/2016 at 17:13

i would love to have an elise, but if i got one i’d be in jail before the weekend.

CAcoalminer > idriveayak
03/22/2016 at 17:15

If it has a stick, I think it will always command a premium in comparison to an identical vehicle with an F1 but in general I don’t seem them appreciating (CS excluded).

Serious Gord > CAR_IS_MI
03/22/2016 at 17:16

So you didn’t really DRIVE it. At about 180 miles per month you really just bought it for speculative purposes - the odd trip to the 711 was a bonus. You made a small profit that if you charged the cost for storage and opportunity cost of the money you made about 4% annualized max. Seems like a lot of work/risk for that kind of return.

William Kennedy > CAR_IS_MI
03/22/2016 at 17:18

I have a Yellow on black 4c spider in my show room that would look better then a Elise lol

McPherson > CAR_IS_MI
03/22/2016 at 17:21

Well-done piece. I like it when I learn stuff, thanks.

History4life > CAR_IS_MI
03/22/2016 at 17:29

So did Del Webb build all the houses in your neighborhood too or are homes that identical across the entire Southwest?

idriveayak > CAcoalminer
03/22/2016 at 17:29

That’s cool.

Phil > Milky
03/22/2016 at 17:32

It will take a bullet just as well as the average car.

LionZoo > Big Block I-4
03/22/2016 at 17:35

Eliges have been rising in value. Purchasing my Elise was the best automotive financial decision I’ve ever made. Modding it however...

LionZoo > MUSASHI66
03/22/2016 at 17:36

You should fit. I’m 5'9" to 5'10" ish and have the seat fairly far forward.

aa240sx > CAR_IS_MI
03/22/2016 at 17:36

still a gamble in my book and not sure about your ‘great ROI’. For only owning it 10 months, I’m fairly certain there are stocks or even agressive mutual funds you could park your money into during the same timeframe and get more back, js. this game of ‘wheeler dealers’ is really best played by wheeler dealers. the individual looking to ‘flip a craigslist car’ (sorry tav) shouldn’t consider this as some testimonial to run out and buy a $3000 2004 salvage titled civic, drive it and flip it for $3001. Time is Money!

Esbon > CAR_IS_MI
03/22/2016 at 17:44

[Your experience may differ. Most vehicles deprecate, quickly. I do not recommend investing your life savings into an ill advised flip for potential profit.]

But you make it sound so easy ...

iaintafraidofnoghost > CAR_IS_MI
03/22/2016 at 17:45

How much was the paypal fees or did you not use paypal to retrieve your money?

bag_of_bees > CAR_IS_MI
03/22/2016 at 17:51

Le baller.

llamaguy > CAR_IS_MI
03/22/2016 at 17:53

An an owner of a more down to earth BMW, I hate that you can install your own battery.

Rusty Vandura - www.tinyurl.com/keepoppo > CAR_IS_MI
03/22/2016 at 17:56

What were the hates?

smalleyxb122 > Ash78, voting early and often
03/22/2016 at 17:58

They had to start charging for shipping, in response to all of the $0.01 Buy-It-Now with $800 shipping ads.

TractorPillow > Milky
03/22/2016 at 18:03

I’ve said it before...GET ONE! Haha, but be prepared to be disappointed by everything else you ever drive again. The Cayman S I got my wife comes close, but it’s less raw and therefore less smile inducing.

chicagoE36 > CAcoalminer
03/22/2016 at 18:03

They’re starting to rise according to Hagerty:

https://www.hagerty.com/apps/valuation…

M42 > CAR_IS_MI
03/22/2016 at 18:05

I had an Elise. It’s loads of fun but too noisy and impractical for daily use. IMHO, you should get one. :D

Art > CAR_IS_MI
03/22/2016 at 18:05

that’s really cheap for a Ferrari. If it was me buying the car, I will no doubt make all Ferrari owners cry like babies because I will end up modifying the crap out of the car. Full exhaust, staggered forged wheels, wider tires, a custom tune, and whatever it takes to extract the most power out of it. Oh and some tasteful carbon fiber pieces. I am sure I will then have a hard time selling the car but making Ferrari owners cry is always worth the expense.

Sorryfellas > CAR_IS_MI
03/22/2016 at 18:07

Editors. We need editors. Spelling mistake in the third sentence of the article, and I stop reading. “Becasue”

Ash78, voting early and often > smalleyxb122
03/22/2016 at 18:07

No, what I meant was collecting 15% of your item AND your shipping cost as commission. Shipping is not money in your pocket in the first place, assuming you use eBay’s own shipping calculator. Very underhanded.

Art > CAcoalminer
03/22/2016 at 18:08

I don’t think it will increase much in value but I am sure it won’t go down much either. At some point people will start liking them and the price will go up although not by much.

ManchesterMoobs > CAR_IS_MI
03/22/2016 at 18:11

first step to diddling like this. get a job where buying a ferrari can be a business expense(writing about owning a ferari)

marshknute > C62030
03/22/2016 at 18:16

The owner of this LaFerrari specifically requested that Ferrari’s designers chose the optimal color to show off the car’s bodywork. Their choice: Triple Yellow!

Kinja'd!!!

C62030 > marshknute
03/22/2016 at 18:26

I don’t like the LF’s styling much, but that looks absolutely fantastic. Ferraris usually look great in yellow. James May knew what was up. Jeremy “I-Want-A-Green-One” Clarkson did not.

CAcoalminer > chicagoE36
03/22/2016 at 18:27

Interesting.

marshknute > C62030
03/22/2016 at 18:29

Agreed on the LaF’s styling. It’s bold and spaceship-ey, but it’s not quite pretty. And in fairness to Clarkson, Ferrari has a really shitty dark green so I’m not surprised he chickened out last minute!

C62030 > marshknute
03/22/2016 at 18:31

I think the LF is just a bit too pointy. And the taillights look out of place. And the doors look like crumpled paper when they’re open. Agreed on the green too.

smalleyxb122 > Ash78, voting early and often
03/22/2016 at 18:31

I got that. It didn’t used to be that way. To get around commissions on sales, a few sellers resorted to rolling the sale price into the shipping. Instead of paying the commission on your $800 item, you’d sell it for $0.01, but charge $800 for shipping and “handling”.

KremerK3 > CAR_IS_MI
03/22/2016 at 18:38

The only way i would buy a Ferrari is if i had the money to burn, there is simply now way i would baby it. Instead i would wring it’s neck at every opportunity, park it on the street and clean it once a month. Oil change every 2000 miles and set of platinum plugs should take care of the basic maintenance, i would not give flying fuck about it’s resale value or preserving it for future “custodians”.

My basic philosophy on modern Ferrari’s - Pay your money, use it like a high class hooker that will satisfy your wildest desires and say goodbye NSA.

CommonSense > E92M3
03/22/2016 at 18:40

Are we just talking about state taxes or federal?

1) the sales tax you paid is not a ‘personal property tax’

see https://www.irs.gov/publications/p…

Personal property tax is deductible if it is a state or local tax that is:

Charged on personal property,

Based only on the value of the personal property, and

Charged on a yearly basis , even if it is collected more or less than once a year.

... Taxes and Fees You Cannot Deduct

...State and local general sales taxes.

But what you probably meant to say was that you were pulling a DeMuro and deducting the taxes as a business expense as you only used the vehicle for your reporting purposes. Right?

2) you did pay income taxes on the gain on sale, right?

Quasimofo > Milky
03/22/2016 at 18:59

Buy a rallyfighter and DD that sucker.

Milky > TractorPillow
03/22/2016 at 19:05

Everything is less raw! But I know, I know. Waiting until this summer and 124 Spider test drives before I do anything. Save more money in the meantime.

Milky > Quasimofo
03/22/2016 at 19:15

Sadly out of my budget :(

00GTSV10 > CAR_IS_MI
03/22/2016 at 19:16

I don’t think I could “own” a car for only 10 months and 1800 miles.

mfennell > CAR_IS_MI
03/22/2016 at 19:17

First - well done. That was a smoking deal from the beginning and you caught a bit of the recent general F-car appreciation. Clean gated transmission cars have surged strongly and I think the F1 cars have been pulled up a little as a result. My own gated ‘01 seems to be worth about what I paid for it 5.5 years ago.

I know I’m being That Guy - I’ll own it - but you were definitely dancing under the piano on this one. A simple worn clutch (I assume you bought w/o an SD2 readout of clutch wear) would have erased your profit instantly. A cracked exhaust manifold would have as well. An undiagnosed one could have resulted in no change from a $25,000 bill. It happens.

My car has been really pretty good to me and the previous owners. I have about $60k worth of receipts in a folder. :) ($14k of that is in the exhaust, to be fair).

enzo500 > Milky
03/22/2016 at 19:18

Wasn’t that in San Diego? Think that guy is in the slammer.

icanneverremembermyburnercode > Thomas Donohue
03/22/2016 at 19:26

States where they charge you a percentage of the estimated value of the vehicle in order to renew your tags each year (I'm looking at you Indiana) consider this an excise/usage tax which can be written off. States where they only charge a set fee, like Ohio and they're $55.00 one cannot be written off

TractionControlOff > CAR_IS_MI
03/22/2016 at 19:31

I hope I do as well as you did selling my 993. Nice write-up, this is definitely the time to sell these cars (at least for now).

Rock Bottom > Milky
03/22/2016 at 19:34

I commute a Corvette in Detroit and just stick to roads I’ve scouted with my beat-to-death and leaking-everything Jeep! Once I confirm a road is safe, then I add it to the “Corvette Approved Roads” list. I take the Exxon Valdez Jeep to places off that list. It’s a little obnoxious at times, but it’s all worth it when I’m merging onto The Southfield sideways with the top off on a Friday afternoon! Get the Lotus! Same thing, but with fewer “mid life crisis” jokes!

Dsscats > CAcoalminer
03/22/2016 at 19:37

I’ve also noticed manual F430s, especially the convertibles, creeping up at a worrying rate.

Dsscats > CAR_IS_MI
03/22/2016 at 19:38

Skyline time.

D > CAR_IS_MI
03/22/2016 at 19:43

A Ferrari. Damn. If I had a Ferrari there’d be an investigation.

I bet my kid would love a spirited freeway run though.

Sigh, not ever going to happen in my lifetime

citizennick > Sorryfellas
03/22/2016 at 19:47

There are no editors in OppositeLock.

mfennell > Art
03/22/2016 at 19:57

Nobody’s going to “cry like babies” over whatever you want to do to a 360. Plenty of people do exactly what you’re talking about.

A 360 makes 110hp/L and revs to 8500rpm. There’s not much power to be found without forced induction. A full exhaust enhances the value because it sounds awesome and headers improve reliability. There are very few people qualified to tune the cars on a dyno though.

DieHardDan > willmederski
03/22/2016 at 20:01

You know I’ve owned two sports cars in black and I loved them, but nowadays I feel like black washes out the lines in the body. If something is beautiful black tends to hide that.

ThatbastardKurtis > willmederski
03/22/2016 at 20:21

Is that a headlight washer mechanism that is popped out on the Enzo?

MRF95 > CAR_IS_MI
03/22/2016 at 20:24

Just wondering what prior maintenance was done when you purchased it with 18,280 miles. I know these usually need a timing belt and tensioner at around 20-30k which always struck me as odd since a typical Honda or Toyota timing belt needs to be replaced at 60k. Even the Fiat 500 timing belt is good for intervals of roughly 60k.

ellomdian > CAR_IS_MI
03/22/2016 at 20:36

Congrats on your experience.

But the real story here is “You too can buy a nice car for SIGNIFICANTLY under market if you have a direct connection in the direct-Dealer world.”

mfennell > Serious Gord
03/22/2016 at 20:39

I don’t really disagree but your numbers assume he paid cash, right? If he’s leveraged, his percentage profit is much higher.

mxer > CAR_IS_MI
03/22/2016 at 20:43

I need to shop around for insurance if it only cost you 100 bucks a month.

RX > MUSASHI66
03/22/2016 at 20:50

I have had an Elise for 6 years. I’m 6 foot. And I have been anywhere between 210 and 240 lbs since I’ve owned it and for fine. Although once I cross 225 my gut makes it hard to get in or out when the roof is on.

RX > CAR_IS_MI
03/22/2016 at 20:52

I have an Elise for the nice months and an abarth for when it's cold or I have to transport anything anything larger than a duffle bag. Can honestly say they are the two most fun cars I've ever driven.

SirRaoulDuke > CAR_IS_MI
03/22/2016 at 20:55

Well played, you got paid to drive a Ferrari.

TestDriver215 > CAR_IS_MI
03/22/2016 at 21:05

He only drive it 1800 miles! It’s only bad when you are the one who gets stuck with the full engine rebuild fee.

Art > mfennell
03/22/2016 at 21:12

You must not know the Ferrari crowd, they think they own your car.

AFondoConFe > CAR_IS_MI
03/22/2016 at 21:25

Dough? Is that you?