Ferrari is the epitome of elegance and luxury. This renowned Italian automaker is as equally celebrated as its founder, Enzo Ferrari. Over the years, the luxury supercars became even more popular thanks to movies and TV series like Scent of a Woman, Against All Odds, Ferris Bueller's Day Off and Miami Vice. Unsurprisingly, modern gearheads put Ferrari cars at the top of their Christmas wish lists. But despite their passion for the Italian car manufacturer, most of them will only ever dream of owning one. However, some car enthusiasts will decide to rent a Ferrari. This is an especially good idea if you live in a city like Dubai or Miami, where residents like to drive their vehicles at exotic car events.
Car enthusiasts who want to have their 15 minutes of fame and glamour can rent a Ferrari for a day. For instance, Pugachev Luxury Car Rentals stocks yachts, McLarens, Bentleys and Ferraris. Another exotic car rental in the Magic City is MVP Miami, which has an exclusive collection of homes and yachts, and Ferraris for rental. So, whether you're looking for your next Prancing Horse and want to test drive it first, or maybe you just want to blow your monthly salary on a brand-new Ferrari toy, this is how much it costs to rent a Ferrari.
This Is How Much It Costs To Rent A Ferrari For A Day In Florida
As you can imagine, renting a Ferrari doesn’t come cheap. But this is understandable if we consider the ownership costs of this vehicle. Keep in mind that on average, the annual Ferrari maintenance costs go from $1,500 to $2,000, according to Ferrari Lake Forrest. Meanwhile, the average cost to insure a Prancing Horse is $5,377 annually, “making it more than two and a half times more expensive than the average cost of car insurance in the U.S.” says the Value Penguin.
Considering the high costs that come with Ferrari ownership, it is not surprising that renting these fantastic vehicles won’t come cheap either. For instance, Pugachev Luxury Rentals currently lists a 4.5-liter V8-powered Ferrari GTB Red for $1,100/per day or $6,160 per week. If you’re looking for a better deal, the luxury rental company offers impressive discounts for the monthly prices. Basically, this Ferrari can be yours for $21,450/ month. However, gearheads should keep in mind that they need to pay a security deposit that ranges from $500 to $2,000. For those who love the Spider, Pugachev Luxury Rentals also offers a Ferrari 488 Spider Red from 2019, which comes with the steep price of $1,200 per day, $6,720 per week or $23,400 for the entire month. The security deposit stays the same, ranging from $500 to $2,000.
On the more affordable side, Pugachev offers the Ferrari 458 F1 that will set you back $850 a day or $4,760 a week. Even in this case, renting the vehicle for the entire month will be more cost-effective, with the price set at $16,575 a month. Meanwhile, drivers that are flush with cash can select the Ferrari F8, which will set them back $2,500 a day or $14,000 a week. The price for renting this V8 Biturbo 3.9-liter monster for a full month is $48,750. Just for perspective, to buy a 2023 Audi A4 it would cost you $39,900. Basically, renting this Ferrari model is more expensive than buying a standard Audi A4.
This Is How Much It Costs To Fill Up A Ferrari
Evidently, gas mileage differs between Ferrari models, but owners know that all the brand’s cars have one thing in common – they require a higher octane fuel. As for costs, we will go with the examples presented by All Foreign Car Parts. The website points out that the Ferrari 488 GTB has a fuel tank capacity of 78 liters (20.6 gallons), while the Ferrari 812 Superfast has a fuel tank capacity of 85 liters (22.45 gallons). Meanwhile, the 2023 Ferrari Purosangue has a tank capacity of 120 liters (26.4 gallons), according to Ultimate Specs.
As of January 9, 2023, the US Retail Gas Price is at $3.366/gallon, up from $3.331/gallon for the previous week. This means that car enthusiasts will pay almost $70 to fill up the Ferrari 488 GTB and $75.50 for the Ferrari 812 Superfast. Needless to say, these high-performance vehicles aren't cheap to own and rent. But, let’s face it, Ferraris will always be show-stopping vehicles that will instantly transform you into a celebrity driver.