Ferrari is one of the most coveted sports cars in the world. Owning one has become the ultimate status symbol. Everything about a Ferrari screams sophistication, the traditional bright red color, the prancing horse on the front of the grille, the beautiful interior. It's all simply just perfect Ferrari is the ultimate dream car.

Ever since the first bright red Ferrari drove off the assembly line in Maranello, Italy, people have been dreaming about owning one but not everyone gets to. And this is by design. The people at Maranello have managed to maintain Ferrari's exclusivity for almost 80 years, and it's still widely regarded as the benchmark for all sports cars.

Have you ever asked yourself what you'd do just for the chance to own a Ferrari? In this article, we will take a look at why it is so hard to own a Ferrari as well as what you'd need to do to own one.

Related: The Coolest Classic Ferrari Cars You Probably Haven’t Heard Of

A Ferrari Isn't Cheap

$4.5 Million Ferrari LeFerrari
via foxbusiness.com

It seems pretty obvious to say that the reason owning Ferrari is so hard is because it's expensive but that doesn't make it any less true. A standard Ferrari will set you back between $180,000 and $450,000 depending on the model. Remember that this doesn't include all the money it'll cost you to maintain it. If you factor that in it'll likely cost you considerably more.

This is because Ferrari produces only a limited amount of cars a year. They need to sell their sports cars at high prices so that they can keep making a profit year after year. That is how they've managed to survive for so long at the top.

The Prancing Horse's exclusivity is one of it's the highest selling points, so if you want to own one you'll have to pay a pretty penny for it.

Related: Check Out James May’s Stunning Collection Of Ferraris

You Have To Pass A Background Check

Floyd Mayweather Ferrari Enzo up for auction
via gtspirit.com

These days having money doesn't guarantee that you'll be able to buy yourself a Ferrari. The process of owning one of these Italian sports cars is a little more complicated than you might expect.

Even if your pockets are deep enough to afford one, you can't just go to your favorite exotic car dealership and drive out with a Ferrari.

To own one of these Italian masterpieces you have to undergo and pass a rigorous background check. Ferrari wants to ensure that only the right people have the privilege of driving their cars, so to do this they take a deep dive into the life of any potential owner just to make sure that they fit their specific profile.

To be a member of the Ferrari family your background check needs to come back squeaky clean, only then will you be able to buy your dream car.

Some of the barriers stopping people from owning a Ferrari may seem unnecessary. But up until now, these rules have helped keep the Ferrari name at the very top of the auto industry so I guess it's safe to say that they've been very effective.

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