
Few automobile makers on the planet come close to matching the legacy and the prestige of Ferrari. The company has been at the top of the game for decades now, and their name alone invokes thoughts of success and wealth. While these can be some of the most expensive cars around, the Ferrari name is one that is still admired by all.
For many people, owning a Ferrari would be a dream come true, as the company has long been a status symbol. The lucky few that have the privilege of owning a Ferrari know all too well that there is just something different about these wonderful rides. However, this does not mean that all is well and good to go. In fact, there are plenty of reasons to avoid owning a Ferrari at all costs.
Today, we are going to look at the good and bad about owning a Ferrari.
15. Not Worth It: Tinkering With The Engine Is Forbidden

via caranddriver.com
Some people like to get under the hood and add the personal touch to any vehicle that they get. Well, this is something that is going to be a problem for people that own a Ferrari. Making changes to the engine is not going to do them any favors with the company or with selling the ride.
14. Not Worth It: The One-Year Wait To Sell The Car After Purchase

via caranddriver.com
So, some people that make their dreams come true soon realize that getting a Ferrari was not quite what they were expecting, and they want to move on to something new. Well, most Ferrari contracts make people wait a year before they can sell it privately. Talk about a major con.
13. Worth It: You're Part Of An Exclusive Community

via caranddriver.com
There is something about belonging to a small community of people that makes us feel content with a sense of community. Because these beautiful cars are so exclusive, all owners find themselves in a unique position, as they are now part of an exclusive community of people that own Ferraris.
12. Not Worth It: Tampering With The Badges Is A Problem

via caranddriver.com
Now, we don’t understand why people would be tempted to do this in the first place, but it has been made a rule for a reason. The lucky people that do get the chance to own a Ferrari must follow strict guidelines, including the rule of leaving the badge alone.
11. Not Worth It: Cosmetic Changes Are Frowned Upon

via gtspirit.com
Ferraris are already gorgeous cars, but for some reason, there are people out there that want to make cosmetic changes to their ride. Well, this is a quick way to get under the skin of the people over at Ferrari, and this is a rule that must be adhered to.
10. Worth It: They're Consistently Some Of The Best Cars On To Road

via topspeed.com
This one goes without saying, but it is a massive point to make when talking about owning a Ferrari. These are some of the best cars on the planet, which is why people try their hand at getting one each year. People know what they’re getting when they buy a Ferrari.
9. Not Worth It: You Can't Raise The Suspension

via autowise.com
No one wants to affect the performance of their car, but no one wants to scrape their beautiful ride on the pavement either. One problem that some Ferrari owners encounter is the cars scraping against the ground. The problem here is that raising suspension hurts the car’s drivability in the long run.
8. Not Worth It: Limited Editions Aren't Guaranteed

via motorauthroity.com
One of the cool things about owning a Ferrari is being part of the exclusive club, but this only carries so much weight with the company. When certain special editions are rolled out, there is no guarantee that a Ferrari owner will even have the chance to get their hands on one.
7. Worth It: The Company Wants The Best For You And The Car

via motortrak.com
Because the Ferrari name is so prestigious, it would make sense that the company would want to keep this prestige each year. As such, the company wants the best for their cars and for the owners. This is certainly a major plus for those interested in buying a Ferrari down the line.
6. Not Worth It: You Can Only Use Ferrari Parts

via youtube.com
One of the nice things about owning most cars is that an owner can go out and find cheaper parts to save some money while getting their maintenance done. Unfortunately, this is not the case for Ferrari. Using unofficial parts can cause problems with the warranty, which no one wants to deal with.
5. Not Worth It: Repairs Can Only Happen At Accredited Garages

via driving.ca
For the rest of us, taking a car into a shop is a relatively easy process because we can go to the garage that offers us the best deal possible. Those that own a Ferrari, however, don’t have quite the same luck. They need to go to an accredited garage.
4. Worth It: They Get A Ton Of Attention

via motor1.com
Ferraris aren’t all that common to see out in the wild, and thanks to their scarcity and the fact that they have a ton of style, it goes without saying that most people can’t help but stare whenever they see one. This is a huge plus, as it lets people know you appreciate the finer things in life.
3. Not Worth It: Ferrari Has To Be Notified Of Car Sales

via cargurus.com
Imagine a company like Ford or Chevy doing something like this. People that are gearing up to sell their Ferrari aren’t able to just find a buyer and get it off their hands. Instead, they must notify Ferrari that they are intending to sell the car. Talk about a silly hassle.
2. Not Worth It: The Massive Price Tag

via drive-my.com
They say that you get what you pay for, but this does little to change the fact that Ferraris are known for being exceptionally expensive. Given that there are already few models that are made each year and that they are expensive, most people simply won’t get to own one.
1. Worth It: They Are Incredibly Powerful

via esquire.com
This is one of the most notable things about Ferrari models, and for many, this is the primary reason for getting one. The Ferrari name is associated with impressive automobile power, and there are few things in life that match opening up on the road behind the wheel of a Ferrari.