If there’s a single word that never fits with Ferrari, it’s probably “cheap.” The brand, honestly, only brings to mind speed, sleek style, and, obviously, jaw-dropping price tags. The Ferrari Roma, currently the cheapest new Ferrari, is a case in point. By 2024, its base price is a staggering $247,308. Not exactly pocket change, is it?
Now, here’s a question. What if you’re dying to own a Ferrari but don’t want to completely drain your life savings? That’s where we come in—we’ve done the digging for you. What we found was a mix of both new and pre-owned Ferraris, all designed to get you behind the wheel of that legendary “prancing horse.”
What is The Cheapest Ferrari?
So, how much is the cheapest Ferrari? As I said earlier, there is no such thing as the ‘least expensive Ferrari’. All new Ferrari models are over 200 thousand dollars (the most expensive one is the upcoming F8 starting at $3.1 million), but if you can contend with a pre-owned Ferrari and are ready to dish out handsome money on maintenance and spare parts, there are plenty of options.
Revealed already, the cheapest Ferrari you can buy new today is the Ferrari Roma, starting at $247,308. For those exploring used options, the Ferrari Mondial is the cheapest used Ferrari, with prices as low as $18,500 for models in fair condition.
How did we gather the cheapest Ferrari price?
We pulled some stats straight from Ferrari itself. Pricing came from sources like Hagerty, Bring A Trailer, plus Classic. Every detail was researched to ensure accurate info for dream-chasers like you.
3 Cheapest New Ferraris
1. 2024 Ferrari Roma

Starting at $247,308
The Roma, Ferrari’s second front-engine V-8 coupe, follows the GTC4Lusso T, now retired. Housing a V-8, it connects to an eight-speed dual-clutch gearbox at the rear. The engine howls up to a screaming 7500-rpm redline. Inside, nearly every control is digital, surrounding the driver like a modern cockpit. Sure, there are back seats, but they’re more about looks than utility, though the cabin feels open and roomy. Driving this $250,000 marvel ignites sheer exhilaration, every rev bringing a thrill.
Beneath the Roma’s long hood is a mid-mounted, turbocharged 3.9-liter V-8. Producing 612 horsepower alongside 561 pound-feet of torque, this engine shares its transmission roots with the Ferrari SF90 Stradale. The DCT is lightning quick, smooth, and engaging.
The cabin blends high-end leather with soft faux suede, creating an elegant yet contemporary feel. Both front seats are encased by a flowing dashboard merging into a suspended center console. Facing the driver: a 16-inch digital gauge screen, controlled by touch-sensitive buttons. Rear seats are usable, briefly—if the front’s adjusted right.
2. 2025 Ferrari 296GTB / 296GTS
Starting at around $343,000
The 296 is one of the most affordable Ferrari models right now.
Ferrari’s name is almost always tied to incredible mechanical creations like the F430. Over decades, they’ve perfected 12-cylinder engines, blending passion with precision. The 296GTB and its convertible sibling, the 296GTS, stand as a bridge between tradition and modern innovation by using hybrid tech. This car’s hybrid system, built around a turbocharged V-6 (not a V-12 we find in 575 and 550 Maranello or even a V-8), may surprise purists. But here’s the twist: Ferrari’s Formula 1 cars also use V-6 engines. Plus, this one delivers an astonishing 819 horsepower.
With all that power going to the back wheels, you might expect handling to be tricky. It’s not. Clever engineering makes it feel surprisingly easy to control, even fun, just like its mid-engine cousin, 488. What’s great is how all this tech doesn’t water down what driving a Ferrari is supposed to feel like. That’s reassuring because hybrids can seem less thrilling, but not this one. And the exterior? Pure Ferrari—sleek, striking, unmistakable.
Inside, it’s clean and simple, almost minimalist. That is, until you see the steering wheel—it’s cluttered with buttons, awkward to use. The rest of the dashboard, though, is fully digital and sexiest, borrowing its setup from the SF90. Soft Italian leather wraps the seats, giving it a luxurious vibe. There’s even a retro nod with a push-button shifter, inspired by classic Ferrari manuals. Both the GTB and GTS interiors share nearly everything. Oh, I forgot; there’s a cool little slot on the console just to store the key.
3. 2025 Ferrari Purosangue
Starting at $428,686
Ferrari showed up late to the super-SUV game. What a way to do it, though. The Purosangue stands out with its sleek, sexy, muscular design and low, wide stance. Built to feel like a Ferrari first, it’s surprisingly also the “cheapest” SUV Ferrari offers—not that they make more than one.
It’s got rear-hinged doors and back seats, so families can join the fun. But don’t get it twisted; this isn’t just a fancy family ride. The 715-horsepower V-12, with all-wheel drive borrowed from the FF, paired with active suspension tech that nearly erases body roll, ensures it thrills like no other. Competing with big names like the Lamborghini Urus and Porsche Cayenne Turbo, it still feels unique—elevated.
That said, the steering wheel’s cluttered, with too many controls. Also, no touchscreen—only a haptic system that some might find irritating. Still, buyers won’t care much, given it’s a Ferrari. At over $400,000, its purpose is clear: a head-turning, four-seat stunner.
For those rolling their eyes at a Ferrari SUV, consider this: under the hood is a naturally aspirated 6.5-liter V-12. A beast. Producing 528 lb-ft of torque and Ferrari’s signature high-revving scream, it’s unmistakably Ferrari—right down to the red valve covers.
Read also: Best Luxury SUVs of 2024 and 2025
Inside, everything screams luxury. Four individual bucket seats, no rear bench. The rear coach-style doors keep a sporty, two-door illusion while making entry easy. Want sunlight? Get the glass roof, but the carbon-fiber option is lighter. Most controls are steering-wheel-based, and though there’s no center touchscreen, Ferrari’s craftsmanship ensures it doesn’t matter. A driver’s car for four—an SUV like no other.
3 Cheapest Used Ferrari Cars
1. 1980-1993 Ferrari Mondial

Average Value: $47,000
The Ferrari Mondial stayed in production for a solid 13 years, offering different versions as time passed. When it first launched, the 2+2 Mondial 8 came standard, but in 1982, they gave it an upgrade. They added a quattrovalvole V8 engine, which means “four valves,” by the way. This upgrade brought a noticeable improvement in its power and driving feel. According to Motor magazine, the 1982 model could hit 60 mph in 6.4 seconds and needed 16.2 seconds to reach 100 mph—not bad for its time.
By 1984, Ferrari introduced something new: the Mondial Cabriolet. It was a convertible, and that hadn’t been done by Ferrari since the Daytona Spyder. Then, in 1985, the Mondial 3.2 came out. The name change wasn’t random; it had a beefier 3.2-liter V8 engine, putting out the same 270 horsepower as the 328 GTB and GTS models. Also, Ferrari made the car roomier by stretching the wheelbase around 4 inches. Plus, the engine and transmission got their own subframe, which was a big deal for servicing.
So, what makes the Mondial truly unique? It’s the last V8, mid-rear-engined, 2+2 Ferrari ever made. It wasn’t always highly regarded, but values have climbed. A decent one can now cost $45,000 or more, which surprises some collectors. In terms of monetary value, it is the least expensive Ferrari on this list.
Approximate values from Hagerty:
Condition | Cost |
Fair | $18,500 |
Good | $24,000 |
Excellent | $31,000 |
Mint | $58,000 |
2. 1979-1985 Ferrari 400i

Average Value: $48,000
The Ferrari 400 automatic i is an example of the brand showing off its grand touring chops, but not in a way that impresses everyone. Coming after the 365 GT4 2+2 from 1972—a car meant to be used daily—it arrived in 1976 as a refined follow-up. The original 365 and its successor were both drawn up by Pininfarina’s Leonardo Fioravanti, who created legends like the Daytona and 288 GTO. Yet, despite his expertise, these models didn’t capture the same magic. For some, the designs felt too restrained, not bold enough to stir real excitement.
This Ferrari wasn’t just a sports car—it aimed to be practical, offering four seats and a choice between coupe or convertible forms. At its heart was a 4.8-liter V-12 engine. Early versions used carburetors, but Bosch fuel injection replaced those in 1979, giving birth to the 400i. It made 306 horsepower, pushing the car to a top speed of 149 mph. While it didn’t set the performance world on fire, the 400i still holds value today, with decent ones fetching anywhere from $37,000 to $72,000—a fair sum for a piece of Ferrari history.
Approximate values from Hagerty:
Condition | Cost |
Fair | $32,000 |
Good | $45,000 |
Excellent | $60,000 |
Mint | $77,000 |
3. 1998-2003 Ferrari 456M GTA
Average Value: $57,501
Ferrari isn’t only about race cars for the road; it’s also famous for creating some of the most iconic grand tourers ever. Sexy, cool cars like the 365 GTB/4 Daytona, 250 GT Coupe, and the more recent GTC4 Lusso stand out as examples. But one model from the mid-1990s often gets overlooked. Not because it was bad—far from it. The Ferrari 456, introduced during Luca di Montezemolo’s tenure, marked a turning point. Montezemolo, credited with steering Ferrari out of financial trouble, saw this car as key to Ferrari’s resurgence in the 90s.
The 456 was Ferrari’s way back into the 2+2 grand touring game. And even with a front-engine layout and four seats, its performance could hold its own. The 456 packed a new 65-degree V12 engine under the hood, delivering 436 horsepower. What did that mean? Acceleration like a supercar. This thing hit 60 mph in just 4.8 seconds and topped out at 192 mph. For a car weighing 3,912 pounds, it was a beast and one of the fastest cars. At the time, only the Porsche 959, a legend in its own right was faster among four-seaters.
Fewer than 3,300 units were produced over about ten years, making it a rarity. In 1998, Ferrari refreshed it with the 456M—adding traction control, nicer interiors, and other updates. Here’s a twist: earlier 456s weren’t just designed by Pininfarina but built by them, too, which is unusual for Ferrari. Nowadays, you might snag one for $48,000–$59,000 if you’re lucky.
Approximate values from Hagerty:
Condition | Cost |
Fair | $54,500 |
Good | $63,000 |
Excellent | $80,000 |
Mint | $95,000 |