The MP4-12C is considered the first modern McLaren road car. It was the company's first street-legal production vehicle since the legendary F1, the car that launched an entire lineup of McLaren supercars. It worked, and now, McLaren is among the most elite competitors in the exotic car world. The 12C has been discontinued since 2014, and used prices have tanked.
The MP4-12C had a starting MSRP of $229,000 in 2012. It came with a twin-turbo V8 making 592 horsepower, able to propel the car from 0-60 mph in 3.2 seconds and a top speed of 205 mph. It had swing-up doors, twin air intakes on either side, and an active air-brake rear spoiler. It remains a truly capable vehicle, despite being over seven years old. Regardless of its performance, depreciation has still taken its toll—some used examples have even dipped under the $100,000 mark. This with 24,974 miles on the clock is the cheapest example I could find, listed in Chicago for $99,500. Another eBay car, this time , can be yours for $99,900. With 32,708 miles, it's been driven a bit more, but it's painted in a lovely shade of green. That's a whole lot of car for the money.
Of course, these cheap exotics aren't the most reliable things on the road. Early cars like the examples linked above can be problematic. There wasn't an actual button to open the door—just a sensor mounted where the door release would normally be. Over time this would stop working, meaning you wouldn't be able to get into your car. That's just one electronic issue owners have dealt with. On the mechanical side, transmission failures are rare, but not unheard of. And considering you need to be a fully-trained McLaren mechanic to work on a 12C, labor isn't going to come cheap.
But if you're prepared to drop stacks to keep it running, a used 12C could make for a wonderful supercar ownership experience without having to pay supercar prices.