How Much Is a Ferrari?

If you’ve ever dreamed about owning a Ferrari, you may have asked yourself the question: How much does one really cost?

At iLusso, our experience in sourcing, pricing, and selling these vehicles provides us with unmatched insight into their true value…as well as the cost of making your dream a reality!

That being said, based on our experience at iLusso, we can reliably say that brand-new Ferraris typically start around $250,000 and can climb to over $700,000. Meanwhile, well-maintained models that are roughly 20 years old often fall in the $90,000 to $140,000 range, depending on their model, rarity, and options.

Let’s look deeper into what influences Ferrari cost, from new MSRPs to used car auctions, dealership markups, and private sale nuances.

New Ferrari Models: Base Pricing at a Glance

Ferraris are more than your average sports cars. They’re mid-engine masterpieces, V12 berlinettas with motorsports DNA, and Italian art on wheels from Maranello.

Therefore, their price might cause sticker shock, but it is well worth it when listening to that engine purr.

Here are key 2024–2025 models with base MSRPs as a snapshot:

• Ferrari SF90 Stradale (plug-in hybrid supercar) starts around $525,000–$590,000.
• Ferrari 296 GTB begins near $347,000.
• Ferrari 296 GTS convertible starts around $371,000.
• Ferrari F8 Tributo has a base price of roughly $324,000–$325,000.
• Ferrari Portofino M, the V8 convertible coupe, begins at $246,000.
• Ferrari Roma coupe estimates start at around $243,000.
• Ferrari Purosangue SUV starts around $428,000–$429,000, powered by its V12 engine and AWD.
• Ferrari 812 GTS convertible base near $430,000.
• Ferrari 12Cilindri grand tourer is expected early 2025—it’s a luxury coupe with a V12 and Daytona-style flair, but pricing isn’t yet confirmed.
• Ferrari F80 hypercar, a modern successor to LaFerrari, will cost about $3.9 million, producing extreme power and lightning-fast performance.

Options can add thousands or even hundreds of thousands. Buyer personalization includes carbon fiber trim, custom paint, race seats, or collector heritage details. Each extra makes the Ferrari cost soar even higher.

Additionally, tariffs affecting U.S. imports may push Ferrari prices up by 5–10%, potentially adding tens of thousands of dollars to models.

You can dig deeper into reviews and performance breakdowns on Car and Driver’s Ferrari page, which tracks specs and evolving MSRPs for every new launch.

Beyond the Showroom: What Real Ferraris Cost in the Wild

The sticker price tells only part of the story. Step outside the dealership, and the world of used Ferrari purchases, classic models, and high-profile auctions reveals a rollercoaster of value. Ferraris hold a place in our culture as both exclusive luxury items and blue-chip collectibles.

Recent auction and resale trends paint a vivid picture:

• Classic Ferrari (Mondial, Dino, Daytona, GTO): Rarity, history, and racing pedigree send values skyward. Pristine examples of a Ferrari 250 GTO have sold at auction for over $70 million, making it one of the world’s most expensive cars.
• Limited Editions (Enzo, LaFerrari, F40): Expect multimillion-dollar price tags at resale. LaFerrari hypercars, for example, often command $3-4 million, especially with low miles and unique specs. The legendary Ferrari F40 fetches anywhere from $1.5M to $4M depending on condition, year, and history.
• Factory Special Editions or Rare Specs: One-offs or tailor-made models break new records, selling for millions.

Find out more about rare, headline-grabbing prancing horses in our review of top-selling Ferraris of all time, where the power of demand, racing lineage, and wealthy collectors can push auction prices into the stratosphere.

Ferrari Price Ranges at Auctions and Private Sales

Auction houses like RM Sotheby’s, Gooding & Company, and Bonhams have recorded some of history’s highest Ferrari sales.

High-water marks include:

• Ferrari 250 GTO: Once changed hands privately for $70M+
• Ferrari F2003-GA Formula 1 car: Sold at auction for over $14.9M
• Ferrari 275 GTB/4S NART Spyder: $27.5M at auction

A well-kept 296 GTS can sometimes be found in the $300,000–$400,000 range, highlighting just how much Ferrari prices can vary. Dashboards bloom with optional carbon fiber, racing seats, or the signature yellow tach, all adding to the aura (and the price).

Additionally, here are some other key factors affecting auction and private sale prices:

• Provenance: Cars owned by personalities or with racing wins bring a premium.
• Condition: Immaculate restoration or untouched originals command different market values.
• Mileage and Service Records: “Garage queens” with full documentation hold a strong appeal.
• Market Trends: Global events, collector fads, and motorsports milestones move the needle.

Buying a Used Ferrari: What You Can Expect

Whether you’re browsing dealership inventory, private listings, or bidding at auction, here’s how Ferrari prices vary across different buying situations:

• Ferrari Dealership: You’ll pay the car’s price plus a documentation fee and tax. Expect a clean deal and full service history, though you may pay a small premium for a Certified Pre-Owned model, which comes with added assurance and benefits.
• General Used Car Dealership: Similar to Ferrari dealerships but expect typical doc fees and taxes.
• Private Sale: You often avoid dealer fees, and depending on state regulations, registration taxes may be lower. But you face risks, such as handling inquiries, test drives, and ensuring secure payment are all on you.
• Online Auctions (e.g., Bring-a-Trailer): Bidders may pay a premium, and platforms like BAT charge around 5% of the sale, up to $7,500.
• Live Auctions: Similar commission structures. The sales record is public, and underbid models can result in lower future resale values.
• Importing: Mostly for Canadian or Euro-spec cars, but import taxes, modifications, and title registration can add significantly to the cost.

Ultimately, depending on the model and rarity, a Ferrari can range from $100,000 to several million dollars, regardless of the circumstances in which you’re buying it.

Owning a Ferrari: Resale Values, Depreciation, and Investment Potential

Not every Ferrari is a golden ticket to profit, but the prancing horse has an almost mythic status among collectors. Some models, especially limited-run berlinettas or V12-powered coupes from Maranello, resist depreciation far better than most expensive cars. Others, like the mid-engine Modena series or the 296 GTB, offer more attainable entry points, though they’ll still outshine almost any used car on the lot.

Let’s break it down:

• Resale Values: More exclusive Ferrari models often maintain a strong percentage of their MSRPs, especially if they come with rare options or motorsports history.
• Depreciation Curve: Standard new models see an initial dip in value, then stabilize, especially if kept in pristine condition.
• Collectors’ Market: Limited-edition hypercars, classic V12s, and race-used Scuderias can see values climb fast, especially during scarcity or after feature spotlights.
• Residuals: The 812 GTS, F8 Tributo, or Daytona SP3 may lose less over time due to their desirability and driving experience.

Explore deeper into market performance and investment value within the Best Luxury Cars for 2025 to see how Ferrari stacks up against rivals like Lamborghini, Porsche, and more.