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In the past, luxury supercars often became available at a fraction of their original prices. However, the daunting prospect of expensive repair costs has kept many potential buyers at bay. Even those who could manage the maintenance often felt uneasy about investing in a vehicle that might be well past its prime. By the time most exotic cars see significant discounts, they have usually lost much of their allure. Therefore, enthusiasts are constantly on the lookout for models that remain thrilling yet have already experienced considerable depreciation. A prime example is the first-generation Ferrari California, with models now available on AutoTrader for less than $100,000.
While $100,000 may not be considered cheap, it is a significant reduction from the starting price of the current California, which is around $200,000. Here’s a little insider tip: throughout the history of exotic car purchases, very few, if any, buyers have ever acquired one at the base price. The price difference between a standard California and one customized for the average buyer can often be equivalent to several Camry sedans. By simply factoring in an additional $40,000—or the cost of about 1.9 Camrys—you can transform a California by making minor aesthetic modifications, such as upgrading small parts to carbon fiber or matching the brake calipers to your luxury watch.
What’s even better is that this Italian sports car comes with not just a sense of prestige, but also a factory-backed Ferrari warranty. Any used Ferrari with under 90,000 kilometers (or 55,923 miles) is eligible for inspection to receive an extended warranty from Maranello. Given that our selected model has just over 22,000 miles, you could drive it for two years and still remain within warranty limits. Additionally, since the car is from 2010 and the overall design has not changed much, no one will suspect you are behind the wheel of a discounted model rather than the latest offering.
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