Ferrari has always been on 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 Ferrari 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 Mondial ($57,000)
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When Modial was launched in the 1980s, it built a bad reputation, especially among Ferrari collectors but now people know the value of this unique model.
Pininfarina designed the Mondial, and the bodywork was done by Carrozzeria Scaglietti. The car is special because it’s a mid-engined vehicle with a 2+2 coupé or a cabriolet marking Ferrari’s return to convertible design.
The Mondial is powered by a lightweight alloy V8 engine with a 90° bank angle. It has shrink-fit cylinder liners, a five-bearing, flat-plane crankshaft with paired connecting rods on each journal, belt-driven, quad overhead camshafts (two per cylinder bank) acting directly on the valves, smooth metal tops on the engine, with oil flowing beneath like a hidden river.
When new, the Mondial had only 214 horsepower, and its sluggish 0 to 60 mph time of 9 seconds and it was labeled as one of Ferrari’s least impressive models. Later released versions like the Quattrovalvole covered this with a 0 to 60 mph time of 6.4 seconds.
Later the final model, the Mondial T, further reduced this time to 5.6 seconds. Despite not being one of Ferrari’s most celebrated models, the value is appreciated over time and it is now the cheapest prancing horse you can get.
Also Read: Fastest Production Cars
Ferrari 400i ($51,700)
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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
It is available in coupe and convertible and has a big 4.8-liter V12 engine in the front powering rear wheels and can produce 310hp with a top speed of 149 mph. The 400i gave the buyer a choice between either a five-speed manual or a three-speed automatic transmission.
The Ferrari 400i is a car you will fall in love with. The design has aged very well making the value of this 1980s classic have seen a rise and it can cost you around $51,000 to $70,000.
Also Check: Best Used Luxury Cars
Ferrari California ($111,925)
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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 still a less expensive 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 – even quicker than Ferrari’s racing models, and much better than Porsche’s similar system.
Suggested Read: Best Hybrid Sports Cars
Ferrari 458 Italia ($190,000)
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In 2009, Ferrari showed the world something fresh with their new 458 Italia model. 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 Ferraris of its 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 not just an excellent car; it’s 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 456 GT ($75,000)
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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 308 Series ($84,376)
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The Ferrari 308 series, particularly the 308 GTB (coupe) and 308 GTS (targa top) are some of the classic examples that didn’t get the collector’s attention, therefore losing its 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 360 ($68,607)
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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 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 in this price range, and will not make you regret your purchase.
Ferrari 612 Scaglietti ($69,980)
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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 Mordena ($67,800)
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The Ferrari 360 Modena is our final pick in the list and it’s 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.
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 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 sportscar that you can drive every day, consider getting that’s cheaper, and easier-to-maintain sports cars, such as Mazda MX-5 (Miata), Ford Mustang, or Porsche 911.
Yes, there’s no doubt that driving a Ferrari would make you feel special. 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, you will have Ferrari expenses, 50-year-old Italian engineering, handling, and outdated build.
Final Words
Buying a Ferrari isn’t cheap, but some models are more affordable than you might think. If you’re smart about your choice and willing to be flexible, you can become a Ferrari owner without breaking the bank.
Still expect to pay as little as $40,000 for the cheapest classic Ferrari on the market, and up to 300,000 for a modern “cheap” Ferrari.
You should also be prepared for the expensive maintenance as well as the rare car parts, that are going to drain your bank account and may nudge you to just park your Ferrari in the garage.
Prices can be checked at: Classic.com, preowned.ferrari.com, Hemmings.com
Cheapest Ferrari Cars – FAQs
- Which is the Cheapest Ferrari in the world right now?
The Ferrari Mondial, produced between 1980 and 1993, is the most affordable Ferrari model, with prices starting as low as $20,000 for older models like the 1986 Mondial Cabriolet in auction sales.
- Where to Buy a Used Ferrari?
You can buy a used Ferrari from authorized dealerships offering certified pre-owned programs, reputable online platforms, or private sellers. Authorized dealerships like Stratstone in the UK and Ferrari Philadelphia in the U.S. provide a range of used models with warranty options.
- What is the average annual maintenance cost for a Ferrari?
Ferrari maintenance typically ranges from $1,500 to $5,000 per year, depending on the model and age
- Is Ferrari Maintenance Cost Lower than other Brands?
Ferrari maintenance costs are generally higher than those of other luxury brands due to the high-performance nature of their vehicles.
However, Ferrari's complimentary maintenance program helps reduce costs for newer models. Compared to brands like Lamborghini or McLaren, Ferrari's maintenance is slightly more manageable due to this program
- How does the resale value compare between cheaper and more expensive Ferraris?
Generally, limited edition and more expensive models hold value better, but even entry-level Ferraris tend to depreciate slower than average cars.
- How do insurance costs compare between the cheapest and most expensive Ferraris?
Insurance costs are high for all Ferraris, but may be slightly lower for entry-level models like the Portofino M compared to high-end models.