Why a Used Ferrari Maybe the Cheapest Car You Ever Owned

Exotic cars are ridiculously overpriced to begin with. Then you slap on 7 percent sales tax, gas-guzzler tax, and a dealer fee, and boom, you could have bought a small island instead. Once you own them, they depreciate faster than John Daly’s credit line at the Bellagio. They are expensive to maintain; the 15,000-mile service on the Ferrari alone is $4,500. If they break, and some of them do…