I’ve had readers tell me they can’t afford a Ferrari, then find out later they were pricing a 296 GTB. Step outside the current lineup and back a couple of decades, and the picture changes completely. There’s a whole shelf of Prancing Horses out there selling for less than a well-optioned pickup truck.
None of these cars are cheap to run. Parts, service, and insurance will still get your attention. But the price of entry has never been lower, and I’ve spent enough time behind the wheel of most of these to know which ones are worth the risk.
Whether old or new, it’s always a refreshing experience to own a Ferrari that only some of its competitors can provide. Here are the ten cheapest used Ferraris on the market in 2026, counted down from priciest to most affordable.
Before You Read:
Prices are averages pulled from recent listings and auction results, so treat them as a starting point, not a quote. Condition, mileage, and service history move these numbers a lot.
Top Cheapest & Most Affordable Ferrari Cars
Here’s the rundown of the most affordable used cars, priciest to cheapest…
10. Ferrari 458 Italia
Average price: $195,000 – $260,000
Still being one of the cheapest, the 458 is the most expensive car on this list, and it earns that spot. Launched in 2009 as the F430’s replacement, it’s a naturally aspirated 4.5-liter V8 making 562 hp at 9,000 rpm and 398 lb-ft at 6,000 rpm, good for 0-60 mph in 3.4 seconds and a 202 mph top speed.
Driving one still feels like an event. It revs like nothing built since, and it’s the last Ferrari V8 supercar you can buy without a turbo. The steering is lighter than you’d expect and the sightlines out of that low windshield take some getting used to, but once you’re moving it’s obvious why this car is held up as the last great naturally aspirated Ferrari.
Values have stopped falling in recent years, so this is close to the floor for a 458. Budget for a major service on any car you’re seriously considering, since a full engine-out belt and clutch job can run into five figures if it hasn’t been done recently. Cars with a documented dealer service history and a clean interior, the leather on the seat bolsters wears fast, tend to hold their price the best and are the easiest to resell down the line.
- Engine type: 4.5-liter naturally aspirated V8
- Horsepower: 562 hp @ 9,000 rpm
- Torque: 398 lb-ft @ 6,000 rpm
- 0-60 mph: 3.4 seconds
- Base price: approx. $230,000 (2010)
- Estimated market price: $195,000-$260,000
9. Ferrari 612 Scaglietti
Average price: $95,000 – $160,000
Ferrari’s first four-seat grand tourer paired a front-mid-mounted 5.7-liter V12 (540 PS, about 533 hp) with an aluminum chassis, a top speed of 199 mph, and 0-60 in roughly 4.2 seconds. Built from 2004 to 2011, it’s a genuinely usable car with real rear seats and a proper V12 soundtrack.
Almost everything for sale runs the automated single-clutch “F1” gearbox. The rare gated manual cars trade in a different league, often north of $250,000, so most buyers will end up with the automated version whether they planned to or not.
Its size and softer styling kept it out of favor with enthusiasts for years, which is exactly why it’s this affordable today. That’s a mistake in my opinion. Sink into the driver’s seat and it’s clear this was built to eat highway miles, with a ride quality that’s noticeably more forgiving than the sportier cars on this list, and there’s still enough V12 under your foot to make it interesting the moment the road opens up.
- Engine type: 5.7-liter naturally aspirated V12
- Horsepower: 540 hp @ 7,250 rpm
- Torque: 434 lb-ft @ 5,250 rpm
- 0-60 mph: 4.2 seconds
- Base price: approximately $250,000 (2004)
- Estimated market price: $95,000-$160,000
Suggested Read: Best Hybrid Sports Cars
8. Ferrari California
Average price: $85,000 – $145,000
The California launched in 2009 at close to $200,000 and got dismissed by purists for being too soft and too pretty. That reputation is exactly why it’s this cheap now. Early cars run a 4.3-liter V8 making roughly 453 to 490 hp depending on year, with 0-60 around 3.8 seconds and a 193 mph top speed. The later California T swapped in a 3.9-liter twin-turbo V8 with 552 hp, dropping 0-60 to about 3.6 seconds and pushing top speed to 196 mph, with a noticeably quicker dual-clutch gearbox.
It’s still the easiest Ferrari on this list to live with day to day. The retractable hardtop folds away in under 15 seconds and turns it into a proper convertible, the trunk actually fits a couple of carry-on bags, and the ride is tuned soft enough that potholes don’t rattle your fillings.
None of that made it popular when it was new, but it’s exactly what makes it a smart used buy now. If you want a Ferrari you can drive to dinner without planning the route around bad pavement, this is the one on the list to look at first.
- Engine type: 4.3-liter naturally aspirated V8
- Horsepower: 460-490 hp
- Torque: 357-372 lb-ft
- 0-60 mph: 3.8 seconds
- Base price: approximately $198,000 (2009)
- Estimated market price: $85,000-$145,000
7. Ferrari 308 GTB/GTS
Average price: $65,000 – $150,000
Pininfarina’s wedge-shaped 308, with its pop-up headlights and targa-top GTS option, is where most people picture a classic Ferrari in their head. Introduced in the late 1970s, it runs a mid-rear 2.9-liter naturally aspirated V8 making 240 to 252 hp, paired with a 5-speed manual. Expect 0-60 in about 6.5 seconds and a 158 mph top speed. Power output shifted over the production run as carburetors gave way to Bosch fuel injection and later a four-valve-per-cylinder head, so it’s worth knowing which version you’re looking at before you get attached to a specific number.
It’s slow by modern standards and that’s part of the appeal. This is as close as you’ll get to driving a Ferrari the way Enzo’s customers did, with no traction control, no power steering on most examples, and a gearshift you have to work for. Rust around the sills and fuel lines is the main thing to check on any car this age, along with a recent timing belt service, since neglect on either front turns a bargain classic into an expensive one fast.
- Engine type: 2.9-liter naturally aspirated V8
- Horsepower: 252 hp
- Torque: 179 lb-ft
- 0-60 mph: 6.5 seconds
- Base price: approximately $28,000-$40,000 (late 1970s)
- Estimated market price: $65,000-$150,000
6. Ferrari 360 Modena
Average price: $65,000 – $120,000
Released in 1999 as the F355’s replacement, the 360 Modena was Ferrari’s first car built around an all-aluminum chassis, lighter and stiffer than what came before. Its 3.6-liter V8 makes 395 hp at 8,500 rpm, enough for 0-60 in about 4.4 seconds and a top speed near 189 mph. A Spider version arrived a year later with a power-folding soft top, and it’s held its value slightly better than the coupe thanks to demand from buyers who want the noise with the roof down.
It’s one of several reasonably priced modern Ferraris on this list, but it’s the one that still offers a proper gated 6-speed manual transmission if you look hard enough, and that alone makes it worth the search. Most cars on the market run the automated F1 paddle-shift instead, which was cutting edge in 1999 and feels clunky today, and the actuator that operates it is a known wear item worth budgeting for. Find a well-sorted manual example and it’s genuinely one of the most rewarding cars here to drive hard.
- Engine type: 3.6-liter naturally aspirated V8
- Horsepower: 395 hp @ 8,500 rpm
- Torque: 275 lb-ft @ 4,750 rpm
- 0-60 mph: 4.4 seconds
- Base price: approximately $138,000 (1999)
- Estimated market price: $65,000-$120,000
5. Ferrari 456 GT
Average price: $55,000 – $95,000
The 456 GT is one of the more underrated cars Ferrari ever built. Designed by Pietro Camardella and Lorenzo Ramaciotti at Pininfarina, drawing on ideas from the Mythos concept car. The 5.5-liter V12 makes 442 hp, enough for 0-60 in about 5.2 seconds and a top speed close to 188 mph. It came as the GT, with a 6-speed manual, or the GTA, with a 4-speed automatic, and the manual cars are the ones enthusiasts chase today.
Squeezing a big V12 and usable rear seats into one elegant shape is harder than it looks, and Pininfarina pulled it off here without the styling ever feeling like a compromise. It’s still one of the most understated Ferraris ever built, which is probably why it took the market this long to catch on.
The complex pop-up headlight motors and the car’s tangle of early-90s wiring are the two things a pre-purchase inspection should focus on, since both can turn into a real headache if they’ve been neglected.
- Engine type: 5.5-liter naturally aspirated V12
- Horsepower: 442 hp @ 6,250 rpm
- Torque: 406 lb-ft @ 4,500 rpm
- 0-60 mph: 5.2 seconds
- Base price: approximately $225,000 (1994)
- Estimated market price: $55,000-$95,000
4. Ferrari 348
Average price: $50,000 – $85,000
The 348 preceded the F355 and ran from 1989 to 1995 in GTB coupe and GTS targa form. Its 3.4-liter V8 makes 300 hp at 7,200 rpm, sending it to 60 mph in about 5.6 seconds with a top speed of 171 mph, through a gated 5-speed manual. It’s an analog, mechanical experience with none of the driver aids that came later, and early cars earned a reputation for snapping into oversteer if you lifted off the throttle mid-corner, a quirk of the suspension geometry that Ferrari revised on later Serie Speciale models.
Recent sales tracked through classic car marketplaces put clean examples consistently in the $60,000 to $80,000 range, with rougher cars dipping below $50,000. It’s often overshadowed by the F355 that replaced it, but the 348 is the more raw and honest car of the two, with heavier steering and a mechanical feel that later Ferraris smoothed over. Buy one that’s had its timing belts done on schedule and it’s one of the more satisfying classics on this list to actually drive.
- Engine type: 3.4-liter naturally aspirated V8
- Horsepower: 300 hp @ 7,200 rpm
- Torque: 239 lb-ft @ 4,200 rpm
- 0-60 mph: 5.6 seconds
- Base price: approximately $105,000 (1989)
- Estimated market price: $50,000-$85,000
3. Ferrari 400i
Average price: $38,000 – $65,000
Introduced in 1979, the 400i is one of the most overlooked cars in Ferrari’s back catalog. It belongs to a family of front-engined V12 four-seaters, the 365 GT4 2+2, 400, 400i, and 412, that Ferrari kept in production continuously from 1972 to 1989, longer than any other Ferrari line.
It has aged into a genuinely handsome 1980s grand tourer, and values have been climbing steadily as more buyers notice it. But do note that most 400i models sold in Europe were never officially imported to the US, so a lot of the cars on the market here came in through the gray market or as later personal imports.
- Engine type: 4.8-liter naturally aspirated V12
- Horsepower: 310 hp @ 6,400 rpm
- Torque: 318 lb-ft @ 4,200 rpm
- 0-60 mph: 7.1 seconds
- Base price: approximately $60,000 (Europe, 1979; not officially sold new in the US)
- Estimated market price: $38,000-$65,000
Also Read: Fastest Production Cars
2. Ferrari 308 GT4
Average price: $32,000 – $55,000
This one gets skipped constantly, largely because it wasn’t originally sold as a Ferrari at all. It launched as a Dino, and it’s the only Ferrari road car ever designed by Bertone instead of Pininfarina, which made purists dismiss it for decades.
Under the sharp-edged 2+2 body sits a 3.0-liter V8 (Ferrari’s first road-going V8) making around 255 hp, with 0-60 in roughly 6.8 seconds and a top speed around 154 mph. US-spec cars ran a slightly detuned version to meet emissions rules, so it’s worth checking which market a given car was originally sold into before comparing performance numbers.
Values have started catching up to the badge it eventually got, since Ferrari only added its own badges to the car partway through the model’s life. For now, it’s still one of the cheapest ways to own a factory Ferrari V8, and the mid-engine layout makes it a more serious driver’s car than its bargain price suggests. Parts sharing with the 308 GTB helps keep ownership costs more reasonable than most of the classics on this list, which is a big part of why I think it’s undervalued.
- Engine type: 3.0-liter naturally aspirated V8
- Horsepower: approximately 255 hp (European spec)
- Torque: approximately 181 lb-ft
- 0-60 mph: 6.8 seconds
- Base price: approximately $21,000 (1975, US)
- Estimated market price: $32,000-$55,000
1. Ferrari Mondial
Average price: $25,000 – $40,000
The Mondial takes the top spot as the cheapest Ferrari you can buy today. When it launched in the 1980s, enthusiasts hated the styling and the performance, and that reputation followed it for decades. Pininfarina designed it, Scaglietti built the body, and it marked Ferrari’s return to a proper convertible alongside the mid-engine 2+2 coupe.
The original car needed 9 seconds to hit 60 mph with 214 hp on tap. The later Quattrovalvole cut that to 6.4 seconds, and the final Mondial T brought it down to 5.6 seconds. All versions share a lightweight alloy V8 with a 90-degree bank angle. Opinions on the Mondial have warmed up considerably in the last few years, but it’s still the most affordable door into Ferrari ownership.
- Engine type: 3.0-liter V8
- Horsepower: 214 hp
- Torque: 179 lb-ft
- 0-60 mph: 5.6 seconds to 8.2 seconds
- Base price: N/A
- Estimated market price: $25,000-$40,000
So, Which One Is Actually the Cheapest?
Right now, that’s the Mondial, with clean examples changing hands for $28,000 to $50,000. It even undercuts the cheapest classic Lamborghini, the Urraco, which typically starts closer to $55,000.
For a sense of how far the range stretches at the other end, the record for a Ferrari sold privately belongs to a 1963 Ferrari 250 GTO, which changed hands for $70 million in June 2018. That’s the gap between the cheapest car on this list and the most expensive Ferrari ever sold, and it says everything about why the brand still carries the weight it does.
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 a 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 Ferraris Cars – FAQs
The Ferrari Mondial fetches the Ferrari’s lowest price, ranging from $25,000 to $40,000
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.
The 1963 Ferrari 250 GTO is the most expensive Ferrari ever sold, which fetched $70 million in a private sale in 2018.
It depends on your expectations. If you want weekend drives, occasional spirited runs, and the experience of owning a Ferrari badge, then it can absolutely be worth it.
