10 Cheapest Ferrari Cars You Can Buy

What if we say you can buy a Ferrari at a Cheap price? Sounds too go to be true, right? Well, today we will be sharing a list of 10 cheapest Ferrari cars currently on the pre-owned market based on typical listing prices and auction sales. From the accessible 360 Modena to vintage entry-level gems, we’ll spotlight the most financially attainable ways to make that Ferrari ownership dream a reality without taking out a second mortgage. 

10 Cheapest Ferrari You Can Buy Today

Though Ferraris are known for their sky-high price tags, there are some relatively affordable options out there, especially when considering used models. Here are 10 of the cheapest Ferraris you can buy today:

1. Ferrari Mondial

Produced between 1980 and 1993, the Mondial is a practical Ferrari with a 2+2 seating configuration, making it one of the more versatile models. It’s considered an entry point into Ferrari ownership.

Price: Starting around $35,000.

2. Ferrari 348

Manufactured from 1989 to 1995, the 348 features a mid-engine V8 layout and is noted for its sharp styling and improved performance over its predecessors. It represents Ferrari’s design transition into the 90s.

Price: Often beginning at about $50,000.

3. Ferrari 308 GTB/GTS

A classic model produced from the late ’70s to mid-’80s, famous for its appearances in pop culture. The 308 GTB (coupe) and GTS (targa top) are beloved for their classic Pininfarina design and V8 sound.

Price: Starting around $60,000.

4. Ferrari F355

Available from 1994 to 1999, the F355 is celebrated for its high-revving V8 engine and is considered one of the best-sounding Ferraris. Its design includes signature pop-up headlights and a sleek profile.

Price: Can be found starting at around $70,000.

5. Ferrari 360 Modena

This model (1999-2005) introduced Ferrari to the 21st century with its all-aluminum body and chassis. The 360 Modena offers a blend of performance and daily usability.

Price: Prices start from approximately $80,000.

6. Ferrari 456 GT

A grand tourer produced from 1992 to 2003, the 456 GT combines a powerful V12 engine with a comfortable and spacious interior, making it ideal for long drives.

Price: Sometimes beginning around $60,000 for higher-mileage examples.

7. Ferrari 550 Maranello

The 550 Maranello (1996-2001) is a front-engined V12 GT that marked Ferrari’s return to this classic layout. It’s known for its balance, power, and timeless design.

Price: Found starting at around $100,000.

8. Ferrari California

The first generation of the California (2008-2014) introduced a more accessible and versatile Ferrari, with a retractable hardtop, a front-mounted V8, and relatively spacious 2+2 seating.

Price: Starting near $90,000.

9. Ferrari 599 GTB Fiorano

This grand tourer, produced from 2006 to 2012, features a front-mounted V12 engine derived from the Enzo Ferrari, offering exceptional power and performance combined with luxurious amenities.

Price: Starting prices can be around $110,000 for models with higher mileage.

10. Ferrari F430

Manufactured from 2004 to 2009, the F430 was a technological leap forward, introducing F1-inspired aerodynamics and gearbox to the V8 sports car range. It’s revered for its performance and handling.

Price: Early or higher-mileage examples starting around $100,000.

Which Is the Best Ferrari To Invest In?

Here’s what to consider:

Classic vs. Modern:

• Classics (Pre-1990s): These have a longer track record of appreciating in value, especially limited edition or historically significant models. However, they can be expensive to maintain and may not be as practical to drive.

• Modern Ferraris (1990s-Present): While potentially less lucrative investments initially, they tend to be more reliable and drivable. Certain high-performance modern models with limited production numbers could see value increases over time.

Here are some Ferraris to consider for investment, with a mix of classic and modern:

• Ferrari 250 GTO (Classic): The undisputed holy grail. Incredibly rare and valuable, with auction prices reaching into the eight figures.
• Ferrari F40 (Classic): Celebrating Ferrari’s 40th anniversary, it has a legendary V8 engine and a timeless design. Values continue to climb.
• Ferrari F50 (Classic): The successor to the F40, it boasts a Formula 1-derived V12 engine. Values are on the rise.
• Ferrari Enzo (Modern): Limited production hypercar with a powerful V12 engine. Values are expected to climb steadily.
• Ferrari LaFerrari (Modern): Ferrari’s first hybrid hypercar with a futuristic design. Limited production could lead to value appreciation.

Remember, investing in Ferraris carries some risks:

• Market Fluctuations: The collector car market can be volatile, and values can fluctuate.
• High Upfront Cost: Even “affordable” Ferraris require a significant upfront investment.
• Maintenance Costs: Ferraris are expensive to maintain and insure.

Top Tips for Finding the Best Deals On Ferrari

When searching for the cheapest Ferrari, it’s crucial to consider these top tips to secure the best deal on your dream car:

• Expand Your Search: Look beyond traditional dealerships and explore online platforms, auctions, and enthusiast forums for hidden gems.
• Consider Older Models: Older Ferrari models can offer great value for money. Look for well-maintained classics that fit your budget.
• Verify Maintenance History: Ensure the Ferrari you’re eyeing has a comprehensive maintenance history to avoid unexpected costs down the road.
• Inspect Thoroughly: Before making a purchase, have the Ferrari inspected by a trusted mechanic or Ferrari specialist to identify any potential issues.
• Negotiate Wisely: Don’t be afraid to negotiate the price. Research the market value and use any imperfections found during inspection as leverage.
• Explore Financing Options: Investigate financing options to make owning a Ferrari more attainable. Shop around for competitive rates.
• Join Ferrari Communities: Connect with Ferrari enthusiasts to gain insights, tips, and potential leads on affordable models.
• Stay Patient: Finding the right Ferrari at the right price may take time. Patience can lead you to an unbeatable deal.

Frequently Asked Questions

Are older Ferrari models more budget-friendly?

Yes, older Ferrari models like the Ferrari 348 and Testarossa from the 80s and 90s are more budget-friendly options due to their lower prices compared to newer models.

How can I find an affordable Ferrari?

Consider looking at auction prices for classic Ferrari models, factor in maintenance costs, conduct thorough research, and exercise patience to find a Ferrari that fits your budget while meeting your preferences.

Is it possible to own a Ferrari on a limited budget?

Yes, owning a Ferrari on a limited budget is a realistic possibility by following advice like researching, considering older models, and being patient in finding a Ferrari that aligns with your financial constraints.