Buy This Brand New 'Ferrari' for Just $55,000

NEW YORK (TheStreet) -- Want a car that accelerates from 0 to 60 miles-per-hour in 4.1 seconds and handles 1.1G on the skidpad, all while yielding a whopping 34 miles-per-gallon -- and all for only $55,000? Oh -- and it looks like a Ferrari, is hand-built around of a carbon-fiber racing-car tub, and weighs under 2,500 lbs.

You're in luck. The Alfa Romeo 4C is the right car if you want to buy a new Ferrari, but you don't need to go any faster than 162 MPH and you'd rather save $200,000 up front plus the resulting savings on depreciation, insurance and maintenance.

Fiat-Chrysler (FCAU) owns both Ferrari and Alfa Romeo, and it simply decided to make what basically amounts to a four-cylinder Ferrari and sell it for what can only be described as a jaw-dropping bargain price. The fly in the ointment is that only 2,500 per year will be made (out of which only 1,000 will come to the U.S.) because it takes the company up to six weeks to make each car. 

Let's get the negatives out of the way first. This isn't the car if you need luggage space. You can fit two small gym bags and two people; that's it. There aren't any door pockets or other places to stick your passport or other essentials.

Sound system? It's called the engine. I tried to fiddle around with the outdated "infotainment" system, but it was useless, given that all sound was overpowered by the car's racing heart. If you don't like the sound of a roaring engine, this car is not for you.

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