The name Ferrari evokes a sense of power, beauty, and speed in car lovers and those who don't know the difference between a screwdriver and a push rod. The iconic Italian automobile brand inspires passion and awe with each new release.
Ferraris are some of the most iconic cars in the automotive world. However, when you see a LaFerrari or a 458 Italia, you might be thinking: "How much is that thing going to set me back?" or maybe "I could never afford one." Truth be told, most people who want to drive a Ferrari can't afford one. I also feel bad for you but don't be disappointed, so we would like to present this list of 10 cheap Ferraris that will make your dream come true.
1. Ferrari Mondial ($30,500)
2. Ferrari 400i ($35,500)
3. Ferrari 308 GT4 ($37,000)
4. Ferrari 348 ($43,000)
5. Ferrari 308 ($45,000)
6. Ferrari 456M GTA ($46,000)
7. Ferrari 360 ($59,000)
8. Ferrari F355 ($61,500)
9. Ferrari 328 ($63,000)
10. Ferrari 612 Scaglietti ($70,000)
1Ferrari Mondial
$30,500
The Mondial might not have been the most successful Ferrari, but it is still a rare sight on the road and stands as an important chapter in the life of the Italian automaker. So if you are lucky enough to spot one, don't hesitate to appreciate the automotive beauty that was the Ferrari Mondial.
The Mondial is like a poor man's Ferrari – quirky and unique, not your common everyday sports cars. But if you want to stand out, the Mondial is the car you should own. For some people, that's good enough.
2Ferrari 400i
$35,500
In the 1970s, the fuel crisis caused a shift in the marketplace, as most consumers prioritized practicality, affordability, and fuel economy over performance. Ferrari took notice and introduced a front-engined 2+2 grand tourer (GT) — the 400 series. The 400i model first saw the light of day in 1979 and was the first model in this lineup to be exported to the United States.
The 400i had a 4.8-liter V12 that produced 306 horsepower, so it had a lot of power for its time. In addition, the interior was luxurious and the bodywork stylish, meaning it offered everything one could possibly want from a Ferrari. But what's really great about it is how cheap it is today—it's one of the cheapest V12-powered sports cars money can buy.
3Ferrari 308 GT4
$37,000
In the early '70s, Ferrari introduced the Dino 308 GT4. However, it was initially sold with Dino badges instead of Ferrari badges. By 1976, it became a proper Ferrari with the badges to prove it. It's a mid-engined 2+2 sports car that Ferrari actually built to test new tech, and it was a groundbreaking car in many ways for the prancing horse brand. It was actually the first Ferrari production to feature a mid-engined V8 layout.
Some people think the design of the Ferrari GT4 isn't very Ferrari-like, but that's because it was designed by Bertone instead of Pininfarina. This explains its angular lines in place of the curves usually associated with Ferraris.
4Ferrari 348
$43,000
The Ferrari 348 was one of Enzo Ferrari's last cars, so it's special to that extent. It isn't the best Ferrari, but it is still a worthy investment for someone who wants a Ferrari and doesn't want to spend too much money. The 348 has the same extreme Ferrari V8 as the 348 Competizione GT, which means it's very fast and has no problem getting up to speed. These cars start at around $40,000, which is the same price as a Kia Telluride, with a few options.
The cheapest models are the early TS cars with 296 horsepower, less than a new Nissan Maxima. The more expensive Spider, GTB, and GTS have 316 horsepower. They were fast, though, back in the late 1980s and early 1990s. Not only were they fast, but they were also very popular in their day. So they're a nice throwback car with a certain charm.
5Ferrari 308
$45,000
The Ferrari 308 is a great-looking car that was produced from 1975 to 1985. The cheapest versions start under $50,000, which is pretty decent for a classic Ferrari from the same era as the Countach and Testarossa. The 288 GTO was based on the 308, and that's a sick supercar! You will see plenty of these cars in TV shows and movies from the 1980s, including Magnum P.I.
The 308 could be more powerful. The top GTS Quattrovalvole models had 237hp and 192 lb-ft of torque, but today's sporty hatchbacks have more than that. However, if you live in hot places like Miami or Los Angeles, it does look cool.
6Ferrari 456 GTA
$46,000
The Ferrari 456 GT has a 5.5-liter V12 with 442hp, and it can go from 0 to 60 mph in 5.1 to 5.5 seconds. It seats four people and comes with a 6-speed manual or a 4-speed automatic transmission. Many other cheaper cars come with automatic transmissions, but this is no issue as the Ferrari 456 GT is an excellent grand tourer. You can pick one up for under $57,000, which is less than a Hyundai Nexo.
7Ferrari 360
$59,000
The Ferrari 360 was the last Ferrari of the 20th century and replaced the F355. The 360 featured a 3.6-liter naturally aspirated V8 with 395hp and 275 lb-ft of torque, enough to push it to 60 in 4.6 seconds with a top speed of 183 mph. It was loved by high-profile individuals worldwide and featured an all-new Pininfarina-styled body.
The Ferrari 360 remains a sexy design, even though it has been on the market for 20 years. Prices start at just under $60,000 for both spider and Modena coupe models. It's a great value for used luxury supercars because they are cheap.
8Ferrari F355
$61,500
The Ferrari F355, which debuted in 1994, was the first Ferrari to use the company's famed F1 transmission. Its boxy design was sexy, and its 3.5-liter naturally aspirated V8 made 375 hp and 268 lb-ft of torque. As a result, the F355 could hit 60 mph in 4.7 seconds, had a top speed of 183 mph, sounded great, looked great, and started at under $55,000—a bargain for any supercar.
The most affordable cars in the lineup are the Spyder models, and they look the best. They are also cheaper than a new BMW 440i. You get a Ferrari badge, a V8, a cloth soft-top, better looks, and a higher top speed. Definitely, a real supercar that is dirt cheap today.
9Ferrari 328
$63,000
The 328 was the successor to the 308. It looked exactly the same, but it had a bigger 3.2-liter V8 with 270 horsepower and 231 pound-feet of torque. It hit 60 mph in 5.5 seconds with a top speed of 166 miles per hour, so it was quick for its age. You can buy a 328 for under $70,000, and prices are going up. It's like the 308 but more usable.
The Ferrari 308 is a very attractive car with its 1980s styling. It has been praised for being the most usable Ferrari classic for its durability and comfort. In addition, it has Targa top capabilities, so the roof can come off and make the driving experience even more fun.
10Ferrari 612 Scaglietti
$70,000
The Ferrari 612 Scaglietti was a V12 GT produced by Ferrari between 2004 and 2012. It was a brilliant car that boasted 533hp and 434 lb-ft of torque. It had a top speed of 199 mph and hit 60 in 4 seconds, making it a seriously fast car.
The 612 originally sold for over $313,000, a price tag that would put it out of the reach of all but millionaires. Nowadays, you can buy one for under $70,000, which is quite affordable. A V12 Grand Tourer that rivaled the likes of the Aston Martin Vanquish.
The Bottom Line
If you're thinking of buying a Ferrari but why not get the thrill of driving a Ferrari for less? If you can't afford a new Ferrari, don't sweat it. Now go forth and enjoy your Ferrari ride!