"Used" LaFerrari on Sale in Dubai for $3.4M

Craig Cole
by Craig Cole

Ferraris are expensive. New ones, old ones, broken ones and rolled ones, they all cost a dumpster-load of cash to acquire. And the brand’s latest flagship supercar underscores this rule with a big, fat permanent marker.

A shiny black “used” LaFerrari is gone on sale in Dubai. This beauty has an asking price of 12.5 million Emirati dirham. In more common figures that works out to a princely $3.4 million!

SEE ALSO: LaFerrari “Defines Excellence” says di Montezemolo

Justifying that price the previous owner never actually drove the car. Supposedly its odometer reads zero.

Nearly three-and-a-half-million bucks is quite a markup on a vehicle that initially cost around $1.5 million. But can you really put a price tag on an ultra-limited-production supercar? It seems so.

The company promised to build just 499 LaFerraris. And honestly, if you had to have one where else would you get it?

GALLERY: LaFerrari

GALLERY: LaFerrari Official

[Source: Motor Authority]

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Craig Cole
Craig Cole

Born and raised in metro Detroit, Craig was steeped in mechanics from childhood. He feels as much at home with a wrench or welding gun in his hand as he does behind the wheel or in front of a camera. Putting his Bachelor's Degree in Journalism to good use, he's always pumping out videos, reviews, and features for AutoGuide.com. When the workday is over, he can be found out driving his fully restored 1936 Ford V8 sedan. Craig has covered the automotive industry full time for more than 10 years and is a member of the Automotive Press Association (APA) and Midwest Automotive Media Association (MAMA).

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 1 comment
  • Johnls39 . Johnls39 . on Sep 18, 2014

    I understand for buying the car and marking it up for profit if you can afford to do so but at the same time, paying over a million for a car that is hardly driven is ridiculous and over the top.