Why Ferrari Employees Can’t Buy Ferrari?

The employee discount is one of the best benefits of working for a car company. Everyone has a chance to try out the newest products the firm has to offer at a special discounted price, from the C-Suite to the assembly line. Unless you’re a Ferrari employee, that is.

Enrico Galliera, Ferrari’s chief marketing and commercial officer, outlined yet another of the automaker’s infamously strict regulations in an interview with Australia’s Drive. Normally, staff are not allowed to purchase a brand-new Ferrari straight off the assembly line.

“The guiding principle is that it’s not appropriate if the car is delivered to staff given the limited manufacturing and the lengthy wait times for clients to receive their cars. Clients come first, “said said.

It might also be argued that sending someone a cease-and-desist letter because they modified their Ferrari is “not polite,” but that is irrelevant at this point. But there is one exception. Scuderia Ferrari F1 drivers are granted a new supercar from Maranello as the group’s most visible representatives—of course, at full price. Perhaps this explains why there is such fierce rivalry to occupy Kimi Raikkonen’s purportedly upcoming seat.

Although we’re confident that Ferrari’s master engineers and technicians are employed for reasons other than having access to a brand-new 812 Superfast, there must be at least a small amount of envy felt every day as such forbidding produce leaves the factory.

The envy of normal old rich people who are routinely denied the chance to purchase the newest limited edition Ferrari, however, is incomparably worse. Galliera detailed the procedure for “selling” the LaFerrari Aperta: he sent a box containing the car key and a note asking the company’s top 200 clients whether they wanted to buy it outright. Everyone else, including renowned American Ferrari collector David Lee, was out of luck after all 200 people replied “yes.”

“Saying no is the hardest part of my job. You start out getting applications from folks who don’t deserve it but are just rich. ‘I deserve the automobile because I am the king of something,’ “Galliera added. “Yes, but you are not a Ferrari client,” I reply.

“The simple thing is that. Then there is the one who is still a top 200 customer but isn’t, therefore I’m unable to give him the automobile. Most of them typically comprehend, but some of them keep asking because they’re not used to hearing “no.” The hardest aspect of my job is when I arrive at an event and the individual is already there. He locks onto me and begins pestering me with questions.”

For more information on the Prancing Horse’s inner workings, including its shaky intentions to increase annual production numbers even higher and the no-resale contract those fortunate buyers must sign, read the whole interview.

F1 drivers are the lone exception, and even they must pay full price.

Typically, Ferrari employees are not permitted to purchase their own brand-new Ferraris. The sole distinction? Even Formula One drivers are required to cover the whole cost of shipping their vehicles. Enrico Galliera, the company’s chief marketing and commercial officer and also known as the infamous “Dr. No,” holds that to be the gospel.

The work that Galliera does for Ferrari is intricate and entails a variety of responsibilities. But his distinction as the person who chooses who gets to acquire a limited-edition Ferrari is what makes him so well-known. Galliera told Drive that, despite the fact that these individuals deserve it, not everyone can afford a Ferrari model, which makes some elements of his job challenging. He said, “There is significantly more demand than there is supply.” “What we do is figure out what factors reward loyal customers. We view the limited edition vehicles as a present for our top clients.” These alleged “gifts” are, in fact, rare supercars that Ferrari customers are almost certainly willing to fight for. The LaFerrari Aperta, the hypercar’s convertible model, is the most current example. The hardest aspect of Galliera’s work, according to him, is turning away longtime Ferrari clients, some of whom have been devoted followers of the company. Given that Lee already owns more than a dozen Ferraris, including four new ones he ordered specifically to raise his standing with the firm, that proves how stringent Galliera and Ferrari are.

Only Ferrari F1 drivers are authorized to purchase a new Ferrari.

It’s no secret that there are several requirements to meet in order to become a preferred customer of Ferrari, but the Italian manufacturer of sports cars and supercars also has regulations for its own staff.

In fact, buying a brand-new Ferrari is forbidden for Ferrari employees. Imagine working tirelessly to create a flawless example of Italian design, engineering, and performance, only to discover that you will never own one—at least not right away.

Enrico Galliera, Ferrari’s chief marketing and commercial officer, revealed in an interview with Drive that only Ferrari F1 drivers are authorized to purchase new vehicles from the manufacturer. He reiterated that no incentives, discounts, or similar deals are also given to F1 drivers. Ferrari has a history of producing pricey sports cars for people with status and money, and its F1 drivers aren’t an exception to this rule.

In a manner, the rule is an attempt to protect its customers. Ferrari staff are prevented from buying new cars, so the vehicles are instead given to deserving clients first.

“The guiding principle is that it’s not appropriate if the car is delivered to staff given the limited manufacturing and the lengthy wait times for clients to receive their cars. Clients come first, “added Galliera.

However, sometimes having a lot of money or a good relationship isn’t enough. This is demonstrated by Ferrari’s refusal to give the rare LaFerrari Aperta to renowned jeweler David Lee. After being refused one of the few hundred LaFerrari Apertas planned for production, the late, longtime Ferrari collector Preston Henn also sued Ferrari.

It is Galliera’s responsibility to make sure that these limited-edition vehicles are “gifted” to Ferrari’s most devoted customers rather than just distributed to good customers. Additionally, a buyer may not always qualify as one of the brand’s “best customers” based solely on their wealth or extensive collections.

Unless you’re an employee, you can ride along in my car.

According to data from ZipRecruiter, the typical annual salary for a Ferrari employee in the US is $59,453. The majority of its employees don’t seem to be able to afford any model of Ferrari, discounted or not, if the salary structure in Italy is even remotely comparable. And that’s okay because workers cannot buy a brand-new Ferrari. Ever.

Enrico Galliera, an employee of the company, claimed as much in an interview seen by The Drive. Because they are regarded as global celebrities and effective brand ambassadors, Formula One (F1) drivers—who are classified as employees—are excluded from this rule and are permitted to make purchases directly from the factory. Certainly, the mandate appears onerous.

Even still, it makes perfect sense given the large global customer base that consistently outnumbers the meager number of automobiles the automaker produces each year. The basics of supply and demand are all that matter. Ferrari creates a product that is in high demand worldwide, enabling them to charge very high premiums for it. Despite the (exhaust) pipe dreams of prospective employees, offering said product at a discount or letting employees to purchase automobiles that customers are waiting for first don’t make sense from a commercial standpoint.

Employees shouldn’t hold their breath about ever getting a chance at a brand-new vehicle as long as Ferrari has professional athletes, movie stars, musicians, and world-famous car fanatics (with the financial means) on its waitlist. However, used Ferraris are exempt from the rule, so there is still a chance to drive off into the distance in one of these models. Since it’s still a Ferrari, driving about in one shouldn’t do much damage to one’s reputation.

Employees at Ferrari are not permitted to purchase a new Ferrari.

Don’t work for Ferrari if you truly want to get a brand-new vehicle for yourself.

Most auto enthusiasts would consider it a dream to work for a luxury automobile manufacturer because typically, employees receive an unique discount. But if you work for Ferrari, that is not the case.

Enrico Galliera, the marketing manager of Ferrari, claims that none of the company’s employees are permitted to purchase a brand-new Ferrari straight from the assembly line. “The guiding principle is that it’s not appropriate if the car is delivered to staff given the limited manufacturing and the lengthy wait times for clients to receive their cars. It is clients first,” he explained.

No Ferrari employee is permitted to purchase a brand-new Ferrari straight off the assembly line.

In actuality, the Francing Horse produces only 8,000 cars annually, and its prestigious buyers must wait years to touch their vehicle. Ferrari’s restricted supercars are also only offered to deserving buyers. Therefore, regardless of how much money you have, never consider acquiring a Ferrari if you are not a Ferrari client.

The Scuderia Ferrari F1 team’s drivers, however, are an exception. They are the only members of the Ferrari team who can purchase a brand-new supercar from Maranello, but there is no discount.

Turn to the used market, where you may find a variety of used Ferrari models for sale, if you are unable to purchase a brand-new vehicle from the luxury manufacturer. Another choice is to resign from your position and get the title of cherished “Ferrari client.” But keep in mind that Ferrari is quite picky about who gets to drive one of their supercars.

Ferrari forbids employees from owning and operating vehicles that feature the company’s brand, in contrast to the majority of automakers.

You are not entitled to purchase a Ferrari just because you own an oil field, a large worldwide business empire, or a successful job in the entertainment industry. And the Italian automaker has a person whose duties include telling such individuals who are interested in acquiring a Ferrari “No.”

The company’s chief marketing and commercial officer is a man by the name of Enrico Galliera. The “No Man” revealed something intriguing to Drive in a conversation. It appears that Ferrari staff members are not permitted to own the vehicles made by the legendary Italian automaker. The only individuals who are immune from this severe regulation are the Formula 1 drivers.

The guiding principle is that it’s not appropriate if the car is delivered to staff given the restricted manufacturing and the lengthy wait times for clients to receive their cars. Clients come first.

This is admirable and makes a lot of sense. It’s important to keep in mind, though, that the restriction might be relaxed for a few senior executives, such as the CEO of Ferrari.

What advantages are provided to Ferrari employees?

  • Paid vacation/holidays. 11 employees.
  • 401(k) Workers: 8
  • Paid Sick Leave. Number of Staff: 7.
  • Life and disability insurance. 6. employees
  • Casual attire and setting. 3. employees
  • Water, Coke, and juice are all free. 3. employees
  • Phone. Number of workers: 2.

What prerequisites exist to purchase a Ferrari?

To acquire a loan for a Ferrari, you would need to have at least 10 to 20 lacs saved up on the side. This might differ depending on the bank and the individual’s credit history.

Is Ferrari a desirable employer?

After examining Ferrari’s corporate strategies and procedures in relation to a number of key areas, including People Strategy, Work Environment, Talent Acquisition, Learning, Well-Being, Diversity & Inclusion, the Top Employer Institute awarded Ferrari Employers of Choice designation.

If you work for Ferrari, do you receive a discount?

The employee discount is arguably the best benefit of working for a car manufacturer. Unfortunately, Ferrari employees are unable to take advantage of this chance.

This is all because Ferrari only makes 8,000 vehicles year, and this figure only includes their mass-produced vehicles. Because of this, purchasing one can be challenging and buyers frequently have to wait years before receiving one.

Additionally, their limited-edition hypercars are exceedingly rare and only sold to a select group of buyers who Ferrari deems deserving of them. Apparently, if you’re not a “Ferrari client,” you can spend a ton of cash and still be denied a car.

Enrico Galliera, Ferrari’s chief marketing and commercial officer, recently claimed in an interview with Drive that nobody at the company is allowed to own a Ferrari, with the exception of the team’s Formula 1 drivers. There are just two right now, Sebastian Vettel and Kimi Raikkonen, and not even they are eligible for any discounts.

“The guiding principle is that it’s not appropriate if the car is delivered to staff given the limited manufacturing and the lengthy wait times for clients to receive their cars. the customers come first, “added him.

Galliera mailed their top 200 clients a box with car keys and a note asking if they were interested in purchasing the car, without even having seen the LaFerrari Aperta, the company’s most recent hypercar. Each and every one of those 200 persons responded “yes,” despite the fact that the car costs upwards of 1.2 million euros, plus taxes.

He went on to explain how picky the procedure is. He stated: “Saying no is the hardest part of my job. People who don’t deserve the automobile but just have the money to apply are the first ones you get. “I am the king of something, so I deserve the car,” they say. Yes, but you are not a Ferrari customer, I reply.”

While they do constantly prioritize their clients, it is also far too difficult to become one.