Generally speaking, I agree.....with the caveat that there are plenty of people on this forum who also own and love their ferraris. I bought my first GT around 18 months ago, and fell in love with it pretty quickly. I listened to my intuition and purchased a second one with higher mileage since I knew that if prices went up significantly, and I ended up selling one of them....I would still have one to drive and enjoy. Having said that, even at the fairly significant recent increase in FGT prices, a more comprehensive analysis of the various costs of ownership (not the least of which is opportunity cost) would show you that buying one as an "investment" doesn't really make sense.
It has forever boggled my mind to see the cars on ebay with the delivery wrappers and "5.4 delivery miles" advertised at premium prices. I just don't understand it. I was at pebble beach last weekend and saw the various ferraris that sold at crazy prices, including the 275 with 100K miles that sold for 27.5M. It made me feel amazing that somebody had driven and really enjoyed that car (and taken good care of it). It was also great to see the GT40 win best in class over a number of really nice Miuras!!!