“One day, I will own a Ferrari”— almost every gearhead has said this to themselves at least once in their life, and rightly so. There's nothing more iconic in the automotive world than the legendary Prancing Horse emblem on a Pininfarina-designed Italian sports car, preferably painted in red. Unfortunately, most gearheads never get to fulfill their Ferrari ownership dreams as they typically cost at least six figures when new or even seven figures.
Thankfully, the used market has several Ferrari options that are far more affordable than people think. These cars may not be the fastest, rarest, or most desirable Ferraris, but they're still Ferraris that you can pick up for the same price as a family SUV. We did some research and compiled a list of the least-expensive Ferraris you can buy today, according to Hagerty's Valuation Tool.
10 Ferrari 612 Scaglietti - $68,400
The 612 Scaglietti is an executive grand tourer that Ferrari introduced in the early 2000s. Unlike other Ferraris, the 612 Scaglietti was a large 2+2 coupe that could accommodate four adults comfortably.
The 612 Scaglietti used the same engine as the 575 Superamerica — a massive 5.7-liter V12 generating 533 hp and 434 lb-ft of torque. Being Ferrari's second all-aluminum vehicle, the 612 Scaglietti was super quick. It had a 0-60 of just under 4 seconds and a top speed of 199 mph, making it one of the fastest Italian sports cars of the 2000s.
9 Ferrari F355 - $63,600
Introduced in 1994, the F355 is a rear-mid-engined sports car Ferrari built to show that it was still the king of performance. The F355 was a heavily-revised Ferrari 348 with several exterior and performance upgrades to make it unbeatable in different environments.
The F355 had a 3.5-liter naturally aspirated V8 under the hood, cranking out 375 hp and 268 lb-ft of torque, giving it a 0-60 of 4.7 seconds and a top speed of 183 mph. This was paired with a six-speed F1 automated manual — the first F1 gearbox in a Ferrari.
8 Ferrari 360 - $59,800
After successfully selling more than 11,000 F355s, Ferrari replaced it with an even better model — the 360. As Ferrari's entry-level car, the 360 offered many technologies that made it far superior to the F355, including an all-aluminum chassis, a track-tuned suspension, and carbon-ceramic brakes from the Ferrari Enzo.
The 360 also had a new 3.6-liter V8 engine pumping out 395 hp and 275 lb-ft of torque, enough for a 0-60 of just over 4 seconds.
7 Ferrari 456 GT - $58,400
The Pininfarina-styled 456 GT debuted in Europe in 1993 and was first available in the US two years later. Developed as a replacement for the 400 Series, the 456 GT was a front-engined 2+2 grand tourer with a superb design and luxurious interior.
At the heart of the 456 GT was a huge 5.5-liter naturally aspirated V12 sending 436 horses and 406 lb-ft of torque to the rear wheels via a six-speed manual or four-speed automatic. This allowed it to reach a top speed of 192 mph, making it one of the fastest cars of the '90s.
6 Ferrari 328 - $53,600
The 328 is one of the most popular Ferraris in history. Introduced in 1985, the 328 replaced the 308 and had a largely similar design and mechanicals. The only modifications Ferrari made were to the body, chassis, and engine — the displacement was increased to 3.2 liters to improve power.
The 328 is still considered to be one of the more reliable and functional Ferraris. Owners can perform much of its maintenance without lowering its engine, unlike other Ferraris from the era.
5 Ferrari 348 - $50,500
The 348 was a special car in Ferrari's history — it was the last V8-powered model developed under Enzo Ferrari's direction before he passed away. When Ferrari introduced the 348 in 1989, most journalists loved it. In fact, most journalists thought it was better than the other top sports cars of the day, including icons such as the Honda NSX, Porsche 911, and Lotus Esprit.
However, the 348's handling was quite challenging when people took it to the limit, and it was labeled a widowmaker. This is why many would-be buyers stayed away from it, and also why prices are affordable today.
4 Ferrari 308 - $41,300
In 1975, Ferrari went to work and came up with a fantastic Targa topped mid-engined sports car to replace the Dino 246GTS — the 308. If the 308 looks familiar, that's because it was the base car for one of the rarest and most desirable Ferraris ever made — the 288 GTO.
The 308 was powered by a transversely-mounted 2.8-liter naturally aspirated V8, producing around 240 hp and 181 lb-ft of torque. This is not powerful by Ferrari standards, but that's why you can pick one up for just over $40,000.
3 Ferrari Dino 308 GT4 - $34,600
Introduced in the early '70s, the Dino 308 GT4 is a mid-engined 2+2 sports car Ferrari built to test new technologies. The GT4 was a groundbreaking car for Ferrari in many ways. For starters, it was the first production 2+2 Ferrari with a mid-engined V8 layout.
The GT4 was also the first Ferrari designed by Bertone rather than Pininfarina, which explains why it had angular lines instead of the curves people were accustomed to seeing in Ferraris. The GT4 was initially sold with Dino badging, but later gained the Prancing Horse in 1976.
2 Ferrari 400i - $21,500
In the '70s, most consumers were more interested in practicality and affordability than anything else when shopping for cars. So, to attract more buyers, Ferrari introduced the 400 Series of front-engined 2+2 grand tourers. The 400i, which was introduced in 1979, was the first car in the series to be imported to the US.
Equipped with a 4.8-liter naturally aspirated V12 with 306 hp on tap, the 400i was no slouch. It also had a stylish design and an interior furnished with the most luxurious finishes. With prices starting at just over $20,000, the 400i is one of the cheapest V12-powered sports cars.
1 Ferrari Mondial - $18,600
So here it is — the cheapest Ferrari you can buy today. The Mondial gets a lot of hate within automotive circles, largely because it was quite underpowered. It had a 3.2-liter V8 producing 270 hp and 224 lb-ft of torque, giving it a 0-60 of 6.4 seconds. Granted, this is too slow for a Ferrari, but the Mondial is still a Ferrari, and if you have $20,000, you can buy one.
Plus, not everything was terrible about the Mondial. We actually like the design, especially if you can find the convertible version.