There are a variety of used modern day cars on the market, but sometimes, you may just want to get your hands on a classic Italian car like a Ferrari. Ferrari has given themselves a reputation of producing expensive, yet high-quality cars. Though some of their cars can be afforded by the layman used, some of their models come with a hefty price tag that we can only see in our dreams. However, it is possible that you can get some of their cars cheap as well. On the other side of the spectrum though are some really expensive cars that can drive you into the millions.
Founded in 1929, Ferrari is one of the most famous automotive brands in the world if not the most expensive. The company is specialized in producing cars that are both exclusive and high speed. Despite the hefty price tags, Ferrari can sell approximately 7,500 new cars each year. If you have a Ferrari, keep it well maintained because the value of older Ferraris keeps rising. This list will describe 10 of the cheapest and 10 of the priciest Ferrari cars. You may be in for a thrill, or maybe even a bit of excitement especially knowing that you may be able to afford a Ferrari.
20 Cheapest: 1988 Ferrari Mondial ($33,995)
The Mondial is known as a mid-engine car that is a four-seater and has an open top. While some versions cost well over $30,000, earlier coupes can be purchased for less.
The Mondial is priced the way it is because it was no one’s favourite car.
Despite not being a favourite, it packed a 3.0 liter quad cam V8 engine that gave it 214 hp. However, getting this car may mean that you are forced to spend a lot of time at the mechanics. The car also isn’t the best-looking car, but if you want to enjoy an Italian made car, then why not.
19 Cheapest: 1995 Ferrari 348 Spider ($42,500)
Ferrari’s 348 Spider is not a car that much people remember. That in part may be due to the fact that the Acura NSX was the next big thing in fast cars. The 348 wasn’t one of Ferrari’s best cars. But for under $50,000 if you can get yourself a Ferrari why not? The classic-ish car has a punch of 300 hp and 7,000 rpm. These stats are not too bad for a car that was built after the era of carburetors and before the modern-day Ferraris that we have grown to know and love. But for $42,000 we can’t complain too much.
18 Cheapest: 1985 Ferrari 308 GTS ($55,000)
The 308 GTS was offered for sale in some unusual colors including something that looked a bit like Burgundy, which is a deviation from Ferrari’s standard red that we’ve come to known.
The GTS model of the car has a removable Targa top, which makes it pretty interesting for persons who prefer to have wind-blown hair or catch the sun on their faces.
If you’re lucky enough, you may be able to get this car with less than 100,000 miles on its odometer. This would most likely be the case for a car that is driven for recreational purposes.
17 Cheapest: 1980 Ferrari 400i ($20,000)
If you’re a bit adventurous and you want a car that has at least 12-cylinders in its engine, you may want to consider the 400i. It’s an affordable cat, and interesting because it seats four persons. It is also powered by a V12 engine! The car is not only cheap but a bit affordable. If you get the three-speed automatic transmission, this should not cost you too much to replace. However, the five-speed transmission fetches a larger premium. Once you can keep the engine running and you have a good mechanic on speed dial, this car is perfect for long distance. It also helps that it has lots of cabin room.
16 Cheapest: Dino 308 GT4 ($25,000)
If you want a classic looking Ferrari, you may want to consider getting your hands on the Dino 308. It is a classic car that you can get for under $30,000, so that’s a plus. Though you may want to be a bit careful if you plan to show off your Dino as Ferrari enthusiasts don’t consider the car to be a true Ferrari as it was branded after Enzo Ferrari’s late son.
Once we ignore the haters, these Dino’s are powered with either Ferrari’s V6 or V8 engines.
But don’t invite too many passengers because the car can only seat four.
15 Cheapest: 1999 Ferrari 355 F1 Spider ($55,000)
The 355 F1 Spider is one of Ferrari’s best-looking models. However, some may argue that the soft-top took away from the car’s design. Despite being a good-looking car, it was full of issues including failing headers and valve guides. Also, maintaining the car requires that you pull the entire engine out every few years. This can be a bit tedious and will require you to go to a mechanic who knows what he is doing. At best, the car’s paddle-shift transmission can be described as mediocre and its mechanism is chunk and slow. Hence the reason for the low retail price.
14 Cheapest: 1995 Ferrari 456 GT ($57,995)
This model is a bit modern, despite being over twenty years, it has a modern-ish shape. It was, however, one of the most unloved vehicles produced by the manufacturer. The car has a V12 engine, but this does nothing to help its case as it doesn’t look like what you would expect a high performing car to be. So, we would probably advise against getting this car because it doesn’t hold its resale value. Imagine this car cost almost $300,000 brand new, and today it sells used for under $60,000. These cars are gorgeous though, and their owners usually have them well maintained.
13 Cheapest: 2001 Ferrari 360 Spider ($59,000)
It seems as if Spiders are enhanced model variants for Ferraris. The 360 Spider has held its value well. This has a lot to do with its design, performance, and reliability. The car comes with a convertible top and is also available for purchase with a manual transmission.
Nothing says Ferrari better than a convertible.
So, if you want to get one that is reasonably priced, you should give this car some serious consideration. If you’re lucky, you should be able to get the car’s service records and a model that has really low mileage. A nice yellow car would be cute.
12 Cheapest: 1951 Ferrari 340 America ($8,000)
Post-World War II, the demand for European sports cars increased, and all automakers had to be responsive. Some of these cars like the 340 America are now classic cars that retailed for $8000. If you were to convert that to a modern-day price and consider inflation, it would be equivalent to $84,000. The America has a long hood which houses Ferrari’s V12 engine capable of 220 hp, making it a super traditional sports car. The car also has a top speed of 150 mph which isn’t too shabby considering the era in which it was manufactured.
11 Cheapest: 1966 Ferrari 330 GTS ($106,000)
So maybe $106,000 for a Ferrari isn’t cheap when you can get a sedan for around $20,000. Not all Ferraris that were introduced were cheap, but if you were to convert the money paid decades ago for introductory Ferraris, they would be the equivalent of $100,000, which is still a bargain considering Ferrari’s present-day introductory price. Now though, depending on how well this vehicle was kept, it is going to retail for more than $2,000,000. But that is way above our budget although the car is outfitted with Ferrari’s 3.0-liter V12 engine. It shouldn’t be surprising because it has Ferrari’s winning formula.
10 Most Expensive: 1961 Ferrari 250 GT SWB California ($15 Million)
Beginning our list of the priciest Ferraris is the 250 GT SWB California. It’s a bit hard to believe that anyone would want to buy a vehicle that cost $15 million.
Only 56 of these cars were made, so in a way, that helps to explain the hefty price, especially since demand far outweighs supply.
The car retails easily do that price especially if the owner was able to maintain its original condition. If you are lucky enough to get your hands on a couple of millions and you want to purchase a Ferrari, you should seek out this classic car.
9 Most Expensive: Ferrari 250 Testa Rossa ($16.4 Million)
The rarer a car is, the more expensive it gets when it is older. And it seems the older Ferraris are their most expensive cars. Ferrari only produced 22 copies of the Testa Rossa. The car is a race car, so it is highly likely that you are going to see the car embossed with a racing number on it. These cars though, are more popular in the North and South American market as it was designed for races there. In 2011, the prototype was auctioned for more than 16 million dollars, making it the most expensive car in the world.
8 Most Expensive: Ferrari 250 GTO ($52 Million)
Even if you could afford it, would you buy a Ferrari that cost $52 million? Probably not. This Ferrari is probably the most expensive on our list and it is probably considered to be the best thing since sliced bread. 39 copies of these were built and it was Ferrari’s top model in 1962. Because of this, collectors and experts consider this car to be the ultimate Ferrari (hence the price tag). Maybe it is the most expensive Ferrari in the world, but we would probably never know for sure because several sales take place privately, and this was publicly auctioned off.
7 Most Expensive: Ferrari 365 P Berlinetta Tre Posti Speciale ($23.5 Million)
This Ferrari model has a name that it too long, and a name that we will probably be unable to pronounce.
This car is a strange addition to our list because Ferrari only made two copies of the car.
That helps a lot to explain the hefty price tag. This car is strange because it is a three-seater. Which car manufacturer would willingly trouble themselves to make a three-seater car? What’s even stranger is that the driver sits in the middle of the two passengers, making it not only awkward but probably a tight fit. Ferrari definitely stepped out of their comfort zone with this.
6 Most Expensive: Ferrari 290 MM Scaglietti Spyder ($28 Million)
Honesty is the best policy, and for the price, this car is a bit too ugly. However, ugly or not this car retails for more money than most of us would ever work for in life! This probably has a lot to do with the fact that only four were produced by Ferrari. It seems as if the best way to make a car one of the most expensive in the world is to produce a few models of it. This car is designed specifically for racing, so the lucky person who won it in an auction may never be able to show it on the road!
5 Most Expensive: 2006 China 599 ($1.6 million)
Ferrari wasn’t too original in naming the car that they produced in response to their increased popularity in China. The car though was a limited edition, and they produced only 12 despite the growing sales. What makes this car sick is that it can accelerate to 60 mph from 0 in 3.7 seconds. The China edition had some pretty decent and specific features including a jade green starter button, ancient Chinese characters for the tachometer. So while the car is pretty cool and adapted for the Chinese market, if you don’t know Ancient Chinese, we’d recommend skipping it.
4 Most Expensive: Ferrari FXX Evoluzione ($1.8 Million)
This Ferrari is another “rare” car as only three were ever made, which is a shame because it has a 6.3-liter V12 engine and capable of speeds surpassing 200 mph.
This car will definitely satisfy a need for speed, if only it were allowed on the road.
It was only intended for the Ferrari Test Driver program so getting your hands on this will be a bit difficult even if you have $1.8 million lying around somewhere. The gear ratios on this model have been optimized for the new state of engine tune. Though not official, we anticipate that this car can get to 60 mph from 0 in under 4 seconds.
3 Most Expensive: 2006 P4/5 ($4 Million)
This car is a bespoke one-off design by Pininfarina, specially made for film director James Glickenhaus. Initially, it began as the Enzo Ferrari but was customized a bit to the P series race cars of the 1960s. This car cost Glickenhaus $4 million. It accelerates to 60 mph in 3 seconds and it has a top speed of 217 mph. It’s a one-off car that he commissioned when approached by Pininfarina and described his ideal car as a modern Ferrari P. The car has an interesting design and is one that you can get only if he decides to sell it. But he got his dream car, so it is unlikely that he will sell it soon.
2 Most Expensive: 1966 Ferrari 330 P3 ($5.6 Million)
This car was the first Ferrari to use the Lucas fuel injection system. It was also the first to have fiberglass doors rather than aluminum. The clutch for this is found behind the gearbox as opposed to between the gearbox and the engine which may make it a bit strange to drive. And, the gearbox was the ZF five-speed unit. There is one seat, that is positioned in the center of the car, similar to most racing cars, and it was designed with a clockwise circuit, and right-hand drive. It may be difficult to drive this car if you are used to a left-hand drive vehicle, but you’re paying for a classic.
1 Most Expensive: 1957 Ferrari 625 TRC Spider ($6.5 Million)
Rounding off our list is the1957 Ferrari 625 TRC Spider. It is based on the Ferrari Monza and is a road legal racing car. This is good news because it means that you don’t pay millions of dollars for a car that you can’t take for a spin when you feel like taking a drive on a Sunday.
This car has a V12 engine and was labeled as one of the world’s fastest cars, holding its own against cars manufactured in Germany.
Only two of these cars were made, so it is no surprise that the “world’s prettiest car” and one of the fastest auctioned for $6.5 million.
Sources: RMSothebys.com, Mecum.com, AutomobileMag.com