Cheapest Ferrari Models: Most Affordable Ferraris You Can Buy (2026)

January 28th, 2022 by

What Is the Cheapest Ferrari?

In most cases, the Ferrari Mondial consistently ranks as the cheapest Ferrari with entry prices starting around $30,000 depending on condition and mileage, due to higher production numbers and lower collector demand compared to other models.

Affordable Ferrari Models

Entry-level Ferrari models typically start around $30,000 to $70,000 on the used market. While Ferrari is known for multi-million-dollar collector cars, several older models offer a more accessible entry point into ownership—often for the price of a luxury SUV.

Below are some of the most affordable Ferrari models available today. For a complete breakdown of Ferrari models and the full lineup, explore our Ferrari models guide.

Cheapest Ferrari Models at a Glance

The cheapest Ferrari models are typically older V8 and grand touring platforms, including:

• Ferrari Mondial
• Ferrari 348
• Ferrari 456 GT
• Ferrari 400 / 412

Typical Price Ranges for Affordable Ferrari Models

Most affordable Ferrari models fall into a few price tiers depending on condition, mileage, and transmission:

$30,000–$55,000: Ferrari Mondial, Ferrari 400i (automatic, higher mileage)
$60,000–$95,000: Ferrari 348, Ferrari 456 GT
$100,000+: Ferrari F355, Ferrari 550 Maranello (well-maintained or low-mileage examples)

While entry prices can be lower, many of these models have appreciated in recent years, especially well-maintained or low-mileage examples.

Most Affordable Ferrari Models You Can Buy

Ferrari Mondial

The Ferrari Mondial is widely considered the most affordable entry point into Ferrari ownership. It’s a 2+2 grand touring model with more practicality than most Ferraris. Today, high-mileage examples can be found starting around $30,000.

Ferrari introduced the Mondial in 1980 as a Grand Turismo sports car with room for four and more space than its predecessor, the two-seater Ferrari 308 GT4.

Fmondial_autotrader17

Ferrari 400/412i

While this series, which Ferrari presented in 1976, was never formally introduced to the American market, it has become one of the most common—and affordable— models in the United States due to a grey import trade. When production of the vehicle ended in 1989, Ferrari had built about 3,000 400/412i cars, and many of the European spec models of this four-seater are now bought and sold in the United States. Since these models have an automatic transmission, classic Ferrari enthusiasts generally avoid them, but you can obtain one for between $30,000 and $50,000—making it one of the most accessible V12 Ferraris available.

Ferrari400-412i

Ferrari 348

The 348 was well-received when Ferrari introduced it in 1989. This model features a modern design and was offered in coupe, Targa, and convertible styles, with a 3.4-liter V8 engine and wide rear track. More than 8,000 models were sold before Ferrari replaced the 348 with the F355 in 1995. Today, the car’s price has dropped to between $40,000 and $60,000.

Ferrari348

Ferrari 355 F1 Spider

The 355 is regarded as one of Ferrari’s most beautiful designs. Some believe that the soft-top does not quite fit with the overall concept. The vehicle’s maintenance schedule also requires that the engine be completely removed every three or four years—routine work that can cost approximately $10,000. You can likely find this model on the market for about $50,000, but you should ask for the car’s maintenance records before you purchase one.

Ferrari 355 F1 Spider

Ferrari 550 Maranello

This model, which was introduced in 1996, harkened back to Ferrari’s classic sports car design with its front-mounted, 485-horsepower engine and six-speed manual transmission. Ferrari sold about 3,000 cars in its five years of production of the 550 Maranello, and the two-seater could reach 60 miles per hour in 4.4 seconds. Ferrari upgraded to the 575MM, which had a similar look but was faster. Both cars are now reasonably affordable. Prices are slowly increasing for these two models, but for now a 550 Maranello is about $70,000. A 575 MM costs about $100,000.

Ferrari550-Maranello

Ferrari 456 GT

This 1990s grand touring model is popular among people looking for an affordable used Ferrari because it is powerful and fast—and it seats four. It has a 5.2-liter, V12 engine with options for a six-speed manual or four-speed automatic transmission, as well as a top speed of 186 miles per hour. Those looking for a comfortable ride will like the leather-lined interior and adjustable suspension. This model’s average price is now about $53,000. In its favor, 456 GT owners tend to take good care of their cars, and it may not be difficult to find one that is in good shape.

Next Steps

Before buying a lower-priced Ferrari, it’s important to consider maintenance planning, service history, and long-term ownership costs—these can quickly exceed the initial purchase price.

Understanding which Ferrari models represent the lowest entry point is often the first step in a longer ownership journey. For a deeper look at buying considerations, maintenance expectations, and long-term stewardship, explore our Ferrari Ownership Guide. You can also view current availability and browse Ferrari for sale to see which models are on the market today.