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Some time back, a colleague of mine announced he was shopping for a used Ferrari 308. “Don’t do it,” was the advice I gave him, because “there’s no such thing as an affordable Ferrari.” He listened to me then, but succumbed to the affordable exotic fever a few years later. When I caught up with him last year, I asked how the Ferrari was. “Great,” he said, “it hasn’t cost me anything yet this year.” Which was his way of saying that he hadn’t been driving it lately, because the car needed some $5,000 worth of engine work. The timing belts, for example, were long passed their replacement intervals. Still, it was a Ferrari, it was paid for and it was in his garage, and that was good enough for my buddy.

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