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Buying a Ferrari in Nigeria? Here’s What You Need to Know First!

Buying a Ferrari in Nigeria? Here's What You Need to Know First!

Ferrari cars are truly masterpieces and are among the kings of cars. They are famous for their utilization of race car technology, the early promotion of V12 engines, and the perfect balance of luxury.

Ferrari cars are indeed in a class of their own, and they are as excellent as any other high-end cars that have ever existed. If you’re ready to buy a Ferrari in Nigeria, there are certain things you need to know and consider when purchasing a Ferrari.

READ ALSO: Comprehensive Car Insurance In Nigeria 

Ferrari History is a Gem

Ferrari is an Italian car that came on the scene in the 1950s. It’s the brainchild of Enzo Ferrari, a former race driver who used his personal experience to develop a car design that gave birth to Ferrari. Today, the city of Maranello, where the Ferrari was manufactured, currently hosts thousands of travelers who test drive the infamous Ferraris and embark on a tour to the Ferrari Museum.

Ready to buy a Ferrari in Nigeria and be part of the Ferrari legend? Here are some things you should know about.

  1. Maintaining a Ferrari is Expensive

You should be prepared to spend huge amounts on both minor and major repairs. Owning a Ferrari means you become selective about the repair shop where you get your car maintained and repaired. In most cases, you might be required to visit a Ferrari dealer to get the fixes done, but at a very high price. The usual oil change can cost some hundreds of dollars. Besides, if there is a failure with the transmission, expect to pay a few thousand dollars. If you know you’re ready to splash the cash, you can embark on a fancy trip in this luxury legend.

To find more basic information about a Ferrari car, utilize our free VIN decoder to learn more about the features, MSRP, fuel efficiency, packages, and options.

  1. Prepare to Buy More Gas

With V8 and V12 engines that consume more fuel, you should prepare to spend more on fuel. In addition to the large fuel tank, buying a Ferrari in Nigeria is not advisable as your main car.

  1. Ferraris Should not be Your Main Car

Many Ferrari owners do not have the car as their main car. Besides, getting insurance for the daily use of the car is expensive. It is also not perfect as a family car.

  1. Buy a Used Ferrari Car

Everyone who desires to own a Ferrari may not be able to afford the new car. In that case, you can get a luxury Ferrari used. Although you will still pay a huge amount of money, it’s usually relatively cheaper than buying a new Ferrari. You should expect to spend more than hundreds of millions on these muscle cars. However, before buying a used Ferrari, you may want to perform a chassis number check to know the car’s history or conduct a stolen car check to verify if it’s illegal or stolen.

  1. Keep for at Least a Year

If you think you can buy a Ferrari to make a quick profit, then think again. Generally, Ferrari expects owners to have the car for some time, at least a year. It’s even stringent, and violating this rule could legally harm you. You may also be ineligible for owing another Ferrari.

  1. Show Some Respect

The Ferrari brand also requires you not to flaunt your wealth or act obnoxious with your Ferrari. You’re expected to show some class when riding this automotive masterpiece. 

Conclusion 

There are always some considerations when buying a Ferrari in Nigeria.

Consider whether you can afford and maintain a new or used Ferrari, and don’t consider using it as your main car. If you don’t have another car available, you should also plan the expenses.

If you decide to buy a used Ferrari, do not hesitate to check its history. Our reliable VIN number check tool can uncover any shady or serious issues with the car.