The New York Times

Can’t Afford a $3 Million Enzo? Lease Ferrari Icons Instead

As a child, Bill Ceno spent his time drawing sports cars, collecting models, and watching the classic “Speed Racer” cartoon, always dreaming of the day he would own a Porsche. That milestone came early at age 24 when, in 1985, he bought a 1978 Porsche 930 Turbo and made it his daily driver. He even proudly parked it right next to the Chief Executive’s spot during the month he was named employee of the month.

His story caught the attention of The New York Times in 2017, featuring the unforgettable headline: Can’t Afford to Buy a $3 Million Ferrari Enzo? Lease One Instead. You don’t have to purchase an exotic like an Enzo just to experience driving it. In fact, seasoned collectors have relied on this exact strategy for years to get behind the wheel while keeping their capital fully liquid.

Why Would Anyone Lease a Ferrari Enzo?

With a limited production of just 400 units, the Ferrari Enzo has appreciated significantly from its original price of around $650,000 to over $3 million today. This presents collectors with a clear choice: tie up $3 million in cash to park it, or put down a small fraction, keep the remaining capital working in investments, and still enjoy driving the vehicle.

Far from being a downgrade, leasing a supercar is often the most strategic entry point into ownership. This approach regularly places hypercars, rare Ferraris, and classic automobiles into the hands of true enthusiasts, which explains why exotic car leasing has become so popular among collectors.

What You Actually Get

Your Money Keeps Working

This is the primary advantage. Instead of paying the full cost upfront, you only cover a fraction of the vehicle's value. The remaining capital stays active in your investments, continuing to generate returns. If the vehicle appreciates, as Ferraris frequently do, you benefit from that rising value all while experiencing the thrill of driving it.

The Tax Side

Many states structure sales tax around individual monthly payments rather than demanding the entire sum upfront. Depending on how the vehicle is used, additional tax nuances may apply. Since we aren’t accountants, we highly recommend reviewing your collector car financing plans with your own professional first.

An Easy Way Out

With flexible terms running from 13 to 60 months, each lease is tailored specifically to you. Once your agreement concludes, you have the option to buy the car, trade up, sell it to keep any value above the payoff, or renew the lease.

We also understand that circumstances change; if your plans shift, you can end the lease early or switch vehicles without facing heavy penalties.

How to Lease a Ferrari- Enzo or Otherwise

For more than four decades, we have specialized in exotic and classic car leasing, approaching every agreement with a highly personalized touch. Rather than relying on rigid rate sheets, we build each deal entirely around your financial preferences and specific goals. Your dedicated Lease Navigator manages all the tedious logistics, including titling, registration, appraisals, and insurance.

Getting started is simple: you can apply online to share your vision, or explore our current Ferrari lease opportunities, which range from the innovative SF90 to legendary icons like the Enzo. With transparent upfront fees, most approval decisions are delivered on the same day.

Lease Navigator

With Lease Navigator, your dreams are in our capable hands

Start your lease to own journey now.

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