Italian police broke up a Ferrari counterfeiting business earlier this year, confiscating 22 cars, 14 of which had already been sold to luxury sportscar collectors. The fake Ferraris seized in Italy were used Pontiac Fieros which had been altered to pass for Ferrari Testarossas. The counterfeit industry has grown 1,000 percent in Europe between 1998 and 2004 according to EU Customs and spans beyond designer handbags, shoes, watches, and clothes. Before purchasing a luxury car, do you homework so you can distinguish a real Ferrari from a fake.
1) Who is selling the Ferrari? Do a little homework on who the seller is. Are they an authorized Ferrari dealer? If it is pre-owned, where did it come from? Check out the owner documents, service records, and paperwork. Most fake Ferraris are sold as pre-owned classic models from the 1960s-1980s.
2) Do not be fooled by the exterior. Most Ferrari fakes look the same from a distance- the same tail lights, the same fenders, also the exhaust is the same.
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