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World’s Best Affordable Ferrari Models Of The 21st Century

Ferrari has always been at top of the world with every car enthusiast dreaming about owning and driving a Ferrari. But Ferrari cars are obviously not for everyone.

Ferrari’s strict policies on ownership, costly maintenance, and expensive replacement parts drill holes in the pocket. But it all seems worth it when you see the exclusivity and luxury that Ferrari offers.

Getting your hands on one of those Italian exotics opens doors to an exclusive lifestyle, a dream-like existence only select individuals can obtain. Whether old or new, it’s always a refreshing experience to own a Ferrari that only some of its competitors can provide.

Top Cheapest & Most Affordable Ferrari Cars

Now, what is the best way to get a Ferrari without making your pockets bleed? Buying cheap models that still look modern and give you the satisfaction of owning a black horse.

Before you ask, Yes! cheap Ferraris exists. There are plenty of affordable models available that don’t come with a six-figure tag and can easily be your next car to bring on the roads.

You still have to spend a good chunk of change, though. Let’s check out the cheapest and most affordable Ferraris you can buy in 2025.

Ferrari 458 Italia ($190,000)

red Ferrari 458 Italia showcased in a studio setting

Ferrari showed the world something fresh with their new 458 Italia model in 2009. It came as a successor to the Ferrari 430 and later became the benchmark for the sportscar world.

Ferrari’s 458 Italia is considered one of the most beautiful classic Ferraris to this day, thanks to a gorgeous, aerodynamically influenced body capable of turning heads at 1,000 paces. 

Talking about the engine, the 458 Italia’s engine is like a race car, but for the road. It screams a 4.5-liter V8 engine producing 562 horsepower at a jaw-dropping 9,000 rpm, providing a substantial torque of 398 lb-ft at a usable 6,000 rpm. The 458 Italia can accelerate from 0 to 60 mph in just 3.4 seconds with a top speed of 202 mph.

The Ferrari 458 Italia is surely a true future classic and one that collectors will no doubt covet. With so much poise, unmistakable looks, and monstrous power, it is a true masterpiece in the Ferrari line-up.

Ferrari California ($111,925)

Ferrari California on road

When new, the Ferrari California was labeled as Ugly, and you will find people say it’s not even a real Ferrari. Though it was the most affordable Ferrari model you could buy (costing about $205,000), it’s surprising how much the car’s value has dropped over time.

The reason for Cali being underappreciated is that Ferrari took a new initiative to make a city-friendly car that could attract new buyers. Three trims( Original Cali, Cali 30, and Cali T) were launched between 2008 to 2017.

The first model sold great, but it also became the reason why the Cali T lost significant value over time. It still rocks with a V8 engine that is as loud as the Ferrari F430 and still sounds great, whether you’re driving fast on a twisty road or just passing someone on a city street.

The car can accelerate from 0-60 mph in 4.7 seconds without launch control with a top speed of 193 mph. The Cali T gearbox changes gear incredibly fast -quicker than some Ferraris’ racing models, or even better than Porsche’s similar system.

Suggested Read: Best Hybrid Sports Cars

Ferrari 308 Series ($84,376)

A classic Ferrari 308 against a misty mountains.

The Ferrari 308 series, particularly the 308 GTB (coupe) and 308 GTS (targa top), are also some of these classic examples that didn’t get the collector’s attention, therefore losing their value.

Despite initial skepticism (due to the Dino-badged 308 GT4 variant’s non-V12 heritage), the 308 GTB/GTS still solidified its status as a “true” Ferrari and a budget-friendly classic. It is among the most accessible entry points into Ferrari ownership, with prices typically starting around $70,000 to over $100,000 for well-maintained examples.

The models were introduced in the late 1970s, featuring a mid-rear-mounted 2.9-liter naturally aspirated V8 engine producing 240–252 hp. 0 to 60 mph is as low as 6.5 seconds with a top speed of 158 mph

Paired with a 5-speed manual transmission, the series was majorly celebrated for its iconic Pininfarina styling, which includes wedge-shaped profiles and pop-up headlights.

Ferrari 456 GT ($75,000)

A silver Ferrari 456 GT sports car against a dark background

You can call the Ferrari 456 GT the most underrated car that deserves every penny. It is one of the most reliable and one of the cheapest Ferraris you can get.

The Ferrari 456 GT brought back the design of having the engine in the front and driving the rear wheels. Pietro Camardella and Lorenzo Ramaciotti from Pininfarina designed the car, taking ideas from the Ferrari Mythos.

The 456 GT boasts a top speed of 192 mph and can sprint from 0-62 mph in only 5.2 seconds. The car is available in two models: GT and GTA, with the former having a six-speed manual transmission and the latter having a four-speed automatic transmission.

It’s well-known that designing a 4-seater car with a V12 engine in the front is tough. This is because needing a large engine space and enough headroom for rear passengers can make the car look less sleek. However, they overcame this challenge and created an unforgettable design for the 456 GT.

Ferrari 360 Mordena ($67,800)

Ferrari 360 Mordena parked on road

The Ferrari 360 Modena is by far the only modern Ferrari sports car that’s actually cheap. Released in 1999, it was Ferrari’s first car with an all-aluminum frame, lighter and torsionally stiffer than its predecessor, the F355.

With a 3.6-liter V8 delivering 400 horsepower, the 360 Modena reaches 0 to 60 in 4.4 seconds, offering a heart-thudding driving sensation. For a car with its supercar heritage, it is surprisingly reliable and relatively inexpensive to maintain, a big attraction for buyers over older Ferrari models.

With prices ranging from $70,000 to $90,000 for well-maintained examples, the Ferrari 360 Modena is a choice for anyone looking for a sports car that is thrilling for racetracks and equally practical for the streets.

Ferrari 612 Scaglietti ($69,980)

Ferrari 612 parked by ornate classical building

As Ferrari’s first four-seater grand tourer with a front-mid-mounted 5.7L V12 engine (producing 540 PS), the Ferrari 612 Scaglietti’s practicality with performance, though its size and less aggressive styling have historically made it less sought-after than sportier models like the 360 Modena.

Despite its relative affordability, the 612 Scaglietti retains Ferrari’s hallmark engineering, including an aluminum chassis and a top speed of 199 mph, also offering the gated manual transmission (though most examples are automatic).

Built from 2004 to 2011, it’s a modern car that won’t break the bank, and it’s still very fast. But the automatic ‘F1’ models are the only choice at this price point – the manual Ferrari 612 will cost you around $267,618 (as per classic.com), due to its limited production.

Ferrari 360 ($68,607)

Three cheap Ferrari sports cars parked in a row

Introduced in 1999 as the successor to the F355, the 360 marked a technological leap with its all-aluminum chassis—lighter and stiffer than its predecessors. It is paired with a 3.6-liter naturally aspirated V8 engine producing 395 horsepower, capable of accelerating from 0–60 mph in 4.3 seconds.

Produced from 1999 to 2005, the Ferrari 360 combined ergonomic design and some of the best engineering to cement its reputation as a truly “modern sports car”, delivering a technological prowess that genuinely outpaced many rivals of its era.

Even today, the performance doesn’t lack by any means. It’s still loved for its analog driving experience, including the option of the rare 6-speed gated manual transmission, which enthusiasts highly covet.

Now you may ask that, despite being so important in Ferrari’s lineup, how is the Ferrari 360 this cheap? It’s not because of the car itself, but the time simply moved forward without it. Nevertheless, it’s one of the best recent Ferraris you can buy on a budget, and will not make you regret your purchase.

Ferrari 400i ($51,700)

Old Ferrari 400i parked on a gravel driveway

The Ferrari 400i is an important but often forgotten car in Ferrari’s history. Along with its related models, it was made for 17 years – the longest of any Ferrari line.

The 400i was introduced in 1979 and was an improved model of the 400 automatic. The “i” means “injection”, showing that it uses a fuel injection system instead of carburetors. This was done to meet new emission rules

You can get the 400i in either coupe or convertible design. It is powered by a big 4.8-liter V12 engine in the front, powering the rear wheels, which can produce 310 hp and a top speed of 149 mph. The 400i gave the buyer a choice between a five-speed manual or a three-speed automatic transmission.

The Ferrari 400i is a car built to be with you. The design has aged very well, and the value of this 1980s classic has seen a rise. It can cost you around $51,000 to $70,000 as of 2025.

Also Read: Fastest Production Cars

Ferrari Mondial ($45,000)

A red vintage Ferrari Mondial in a classic car show

When the Mondial first came out in the 1980s, it got a bad reputation, especially among Ferrari fans, because they didn’t like its looks and performance. But now, more people are starting to appreciate this once-overlooked Ferrari, and its value has been going up over time

Pininfarina designed the Mondial, and the bodywork was done by Carrozzeria Scaglietti. The car is special because of its mid-engined 2+2 coupé or a cabriolet, marking Ferrari’s return to convertible design.

When new, the Mondial had only 214 horsepower with its sluggish 0 to 60 mph time of 9 seconds. It was labeled as one of Ferrari’s least impressive models at that time.

Later released versions like the Quattrovalvole covered this with a 0 to 60 mph time of 6.4 seconds. Later, the Mondial T further reduced this time to 5.6 seconds as Mondial’s final model. All Mondial models are powered by a lightweight alloy V8 engine with a 90° bank angle.

Despite not being one of Ferrari’s most celebrated models, the value is appreciated over time, and the Mondial is now the cheapest Prancing Horse you can get.

The Real Cost of Owning a Cheap Ferrari(Is It Worth It?)

Now you have read through the low-cost Ferraris you can buy right now, but what are the chances that you’ll be satisfied with the purchase in the long run? Many are not going to tell you, but the real cost of a Ferrari comes after the purchase! The maintenance is not going to be cheap and will cost you big bucks.

That’s one of the reasons why Ferrari is not used as a daily driver and is most buyers’ weekend car. If you’re going for a Ferrari, thinking about the sports car that you can drive every day, consider getting cheaper, easier-to-maintain sports cars, such as the Mazda MX-5 (Miata), Ford Mustang, or the Mercedes SL55 AMG.

Yes, no doubt driving a Ferrari is like nothing else on the road. For many people, the cost of a Ferrari is justified by the boost it gives to confidence and self-worth. It’ll be great while it lasts, but still, you will not have the pleasure of a Ferrari badge; if you can’t afford and handle the Ferrari expenses, 50-year-old Italian engineering, handling, and outdated build.

Cheapest Ferrari Cars – FAQs

Q. Which is the Cheapest Ferrari in the world right now?

The Ferrari Mondial fetches the Ferrari’s lowest price, ranging from $30,000 to $55,000.

Q. Is owning a Cheap Ferrari worth it?

Owning a cheap Ferrari can be fun and exciting, but it often comes with high repair and maintenance costs that can make it more trouble than it’s worth for most people

Q. Which is cheaper: Lambo or the Cheapest Ferrari?

For classic models, the cheapest lambo is the Lamborghini Urraco, priced at around $55,000, in contrast to the cheapest Ferrari Mondial, with an average price of $45,000.

For those interested in entry-level models, the Lamborghini Huracán EVO RWD is the most affordable choice at about $206,485, while the Ferrari Roma starts higher at around $247,308, making Ferrari’s entry-level model more expensive.

Q. Which is the most expensive Ferrari?

The 1963 Ferrari 250 GTO is the most expensive Ferrari ever sold, which fetched $70 million in a private sale in 2018.

Prices can be checked at: Classic.com, preowned.ferrari.com, Hemmings.com