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1Scan for outdated or missing drivers - takes under a minute2Repair Windows errors before they cause bigger problems3Fix the driver behind crashes, sound loss and screen glitchesThe cheapest Ferrari to buy in this comparison is the Ferrari Mondial, with a researched market estimate of $25,000–$40,000. The Ferrari 360 is the strongest modern-value alternative at $80,000–$103,000, while the cheapest current-model answer, the Roma, remains a roughly $189,000–$205,000 used purchase.
Those are market estimates rather than guaranteed prices. Ferrari values change with condition, maintenance records, originality, mileage, provenance, accident and title history, transmission, body style, transaction type, and geography. The 2024 focus is historical; the estimates come primarily from a MotorTrend comparison published in January 2025.
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Key takeaways
- The Ferrari Mondial is the lowest-priced Ferrari in the principal comparison, with a MotorTrend estimated market range of $25,000–$40,000 published in 2025.
- The Ferrari 360 is the strongest modern-era value candidate, with a MotorTrend estimated market range of $80,000–$103,000.
- A cheap Ferrari to buy is not necessarily a cheap Ferrari to own because deferred maintenance, age, accident history, title problems, and missing records can outweigh the purchase-price advantage.
- The Ferrari Roma is the cheapest current-model answer in the comparison, but used examples remain approximately $189,000–$205,000 rather than inexpensive.
- A documented 1990 Ferrari Mondial T sold for $81,051 on Bring a Trailer on February 9, 2024, showing how condition and recent major service can move a Mondial far above its lowest estimate.
What is the cheapest Ferrari to buy?
The Ferrari Mondial is the cheapest Ferrari to buy in this researched comparison. MotorTrend estimated the Mondial market at $25,000–$40,000 in its January 2025 comparison, while a separate July 2024 estimate placed long-standing Mondial 8 examples around $35,000–$45,000. Those figures describe market ranges, not a guaranteed price for every car.
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The Ferrari Mondial wins on entry price because collectors have generally preferred Ferrari’s two-seat models, while the Mondial’s 2+2 layout and comparatively broad supply limit its premium. The lowest-priced Mondials can still require substantial mechanical, electrical, cooling-system, suspension, brake, or interior work. A specialist inspection and complete service history matter more than simply finding the cheapest advertised example.
#1 Best Overall
This is a historical 2024-oriented buying guide using market evidence published in 2024 and 2025. Auction results, dealer asking prices, and private-party prices are different types of evidence, and prices vary with condition, mileage, originality, provenance, accident history, title status, transmission, body style, and geography.
Which Ferraris are the cheapest?
The strongest lower-cost Ferrari candidates are the Mondial, 400-series V12, 308, 348, and 360. The following ranges come from MotorTrend’s January 2025 comparison of inexpensive Ferraris, except where a second source is specifically identified.
| Ferrari | Market estimate or observed evidence | Why consider it | Main risk or caveat |
|---|---|---|---|
| Mondial | $25,000–$40,000 estimated range | Lowest entry price; mid-engine 2+2 practicality | Age-related maintenance can erase the purchase-price advantage |
| 400 GT / 400i / 412 | $40,000–$70,000 estimated range | Front-engine V12 and four-seat grand-touring layout | Older V12 mechanical and electrical systems need specialist review |
| 308 | $64,000–$110,000 estimated range | Recognizable classic V8; GTB and GTS body styles | Values have risen beyond their former bargain-car reputation |
| 348 | $70,000–$100,000 estimated range; SlashGear cited approximately $55,000–$65,000 for a low-mileage 348 TS in 2024 | Later V8 entry point with Testarossa-influenced styling | Sources cover different conditions, variants, and markets |
| 360 | $80,000–$103,000 estimated range | Most usable modern-era value candidate; manual examples exist | Modern engineering does not make repairs inexpensive |
| Roma | $189,000–$205,000 estimated used range | Cheapest current-model Ferrari in the comparison | “Cheapest current Ferrari” still means a six-figure purchase |
| 330 GT Series I | About $190,000 starting estimate | Relatively accessible classic V12 | Condition and provenance dominate the value |
| 512 BB | $200,000–$280,000 estimated range | Countach-era performance at a relative discount | U.S. gray-market history and compliance require checking |
| 365 GTC/4 | $210,000–$275,000 estimated range | Rare four-seat V12 with lower collector pricing than some siblings | Only about 500 were made, so examples are not interchangeable |
| 296 GTB | About $340,000 in 2024 | Modern hybrid-performance reference point | Included to show how expensive a “cheap” current Ferrari can be |
The price ranges are not equivalent to guaranteed transaction prices. Dealer asking prices can include preparation, warranty, markup, or exceptional specification; auction results can reflect buyer fees, reserve conditions, and the quality of the documentation; private-party sales may involve different inspection and warranty risks.
Is a Ferrari Mondial a good buy?
A Ferrari Mondial can be a good buy for an owner who wants Ferrari access, 2+2 practicality, and a lower acquisition price, but the best Mondial is usually the well-documented car rather than the cheapest car. The Mondial was sold from 1980 to 1993 with a mid-engine 2+2 layout.
MotorTrend’s $25,000–$40,000 estimate identifies the Mondial as the lowest-entry-price candidate, but the range should not be interpreted as a universal $25,000 purchase price. Hagerty’s Mondial valuation information shows why realized values spread according to condition, originality, mileage, provenance, maintenance, accidents, and title history.
Rank #2
A useful real-world counterexample is a 1990 Mondial T that sold for $81,051 on Bring a Trailer on February 9, 2024. The car had documented engine-out work including valve adjustment, timing belt, water pump, thermostat, tensioner bearings, belts, spark plugs, fuel pump, gaskets, seals, coolant hoses, tires, and an ABS unit. The result does not establish a normal Mondial price; it demonstrates that extensive recent service and strong documentation can matter more than the model’s lowest market estimate. Readers can review the documented Mondial T auction result as a condition-and-service benchmark.
Is the Ferrari 360 the cheapest modern Ferrari?
The Ferrari 360 is the most defensible cheapest modern Ferrari in this comparison. MotorTrend describes the 360 as its most affordable modern-era Ferrari and estimates an $80,000–$103,000 market range. The 360 was produced from 1999 to 2005 and brought more modern engineering and ergonomics than the older cars in the comparison.
The 360 makes the strongest case for regular use among the lower-priced choices because it is newer than the Mondial, 308, and 348 and is easier to approach as a modern sports car. A manual gearbox is available, although transmission choice, mileage, service history, originality, and body condition materially affect price.
“Modern” does not mean “low-cost.” A 360 still needs a Ferrari-specialist inspection, and a buyer should verify the condition of the engine, cooling system, clutch, suspension, brakes, electronics, seals, tires, and service records. A lower-mileage car can still need age-related work if it was stored or maintained poorly.
How do the Ferrari 308 and Ferrari 348 compare?
The Ferrari 308 offers stronger classic recognition, while the Ferrari 348 offers a later V8 design and different service trade-offs; neither model is automatically the better bargain. The 308 was produced from 1975 to 1985 and is closely associated with Magnum P.I. MotorTrend estimates $64,000–$110,000.
Rank #3
The Ferrari 348 replaced the 308/328 line in 1989 and uses a 3.4-liter V8. MotorTrend estimates $70,000–$100,000, while SlashGear’s July 2024 comparison cited approximately $55,000–$65,000 for a low-mileage 348 TS. Those figures should remain separate because the sources describe different examples, conditions, variants, and market contexts.
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|---|---|---|
| Production period | 1975–1985 | Introduced in 1989 as the 308/328 successor |
| Engine description | Classic Ferrari V8 | 3.4-liter Ferrari V8 |
| Research price evidence | $64,000–$110,000 estimated range | $70,000–$100,000 estimated range; approximately $55,000–$65,000 for a low-mileage 348 TS in SlashGear’s 2024 report |
| Primary appeal | Classic styling, GTB/GTS choices, cultural recognition | Later styling influenced by the Testarossa and newer model generation |
| Buying priority | Originality, records, body condition, and correct specification | Service history, variant, mileage, records, and condition |
What is the cheapest current Ferrari?
The Ferrari Roma is the cheapest current Ferrari in the researched comparison, but it is not a cheap Ferrari in ordinary buying terms. MotorTrend estimated used debut-model-year examples at $189,000–$205,000 and listed a $222,000 base price. Captured Cars.com inventory showed used Roma examples from approximately $189,000 for a 2022 certified car to more than $300,000 for newer or better-equipped examples.
Current-model status needs a date qualifier. Ferrari’s 2024 annual report says Ferrari phased out the Roma during 2024 and lists the Roma Spider among the company’s range portfolio. A 2024 article can therefore call the Roma the cheapest current Ferrari in its comparison, but that label may change as Ferrari updates its model range.
The Ferrari 296 GTB illustrates the upper end of the same question. MotorTrend placed the 296 GTB at about $340,000 in 2024, while Ferrari’s 2024 annual report classifies the 296 GTB as a V6 hybrid range model. The 296 GTB is not an entry-level Ferrari; it is included to show that the least expensive new or near-new Ferrari can still cost several hundred thousand dollars.
Which Ferrari is cheapest to maintain?
No researched source supports a universal claim that one Ferrari is cheapest to maintain. The Ferrari with the lowest purchase price may be the most expensive ownership decision if it has deferred belts, cooling work, electrical faults, worn suspension, corrosion, accident damage, or incomplete records.
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Age, service history, parts availability, specialist labor, mileage, storage, and intended use all change the ownership equation. An older Mondial or 308 may cost less to acquire than a 360 but require more age-related attention. A more expensive 360 with complete records and recent major service may be easier to budget than a neglected lower-priced car.
Ferrari-specific annual maintenance averages were not sufficiently authoritative or comparable across these models to publish a single annual dollar figure. Buyers should budget from the actual inspection report and service schedule for the specific vehicle rather than from a generic ownership-cost estimate.
Ferrari’s official aftersales information describes Ferrari Premium maintenance using original parts and says models with more than 20 years of service life may be eligible for Ferrari Classiche certification. Classiche and official maintenance are verification and preservation resources, not guarantees of low-cost ownership.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What should you check before buying a used Ferrari?
A used Ferrari should be purchased only after a Ferrari-specialist pre-purchase inspection and verification of the car’s identity, history, condition, and major service requirements.
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One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware match- Confirm the VIN and title. Check title branding, accident records, import status, emissions history, and gray-market compliance, especially on older or non-U.S.-specification cars.
- Demand documented maintenance. Look for timing-belt, cooling-system, clutch, suspension, brake, electrical, and engine-out service records where applicable. Invoices are more useful than a seller’s verbal assurance.
- Inspect the car mechanically. Have a specialist evaluate the engine, transmission, clutch, cooling system, brakes, suspension, steering, electronics, seals, tires, leaks, and underbody condition.
- Separate mileage from condition. Low mileage does not eliminate age-related maintenance. A seldom-driven Ferrari may still need rubber, fluids, belts, seals, tires, and electrical components.
- Check originality and specification. Factory-correct equipment, desirable body style, transmission, paint, interior, and documented provenance can support value; extensive modifications can narrow the buyer pool.
- Price the required work before making an offer. Obtain written estimates for deferred service and subtract those costs from the price you are prepared to pay.
- Compare like-for-like market evidence. Use auction sale results, dealer listings, and private-party advertisements as separate reference groups rather than treating every displayed price as a completed sale.
Hagerty’s valuation guidance is useful for checking how originality, provenance, maintenance history, mileage, accidents, and title issues affect a classic Ferrari’s value. Auction archives such as Bring a Trailer can help benchmark documented sold examples, but an auction result is not a substitute for inspecting the individual car.
Best Value
Which cheap Ferrari is best for different buyers?
| Buyer priority | Most relevant model | Why | What to verify first |
|---|---|---|---|
| Lowest entry price | Mondial | Lowest researched estimate at $25,000–$40,000 | Deferred maintenance, records, cooling, electrical systems, and title history |
| Modern usability | 360 | Newer engineering and ergonomics; $80,000–$103,000 estimate | Clutch, electronics, service history, body condition, and transmission |
| Classic recognition | 308 | Iconic V8, GTB/GTS body styles, and cultural significance | Originality, corrosion, records, correct specification, and major service |
| Later V8 styling | 348 | 1989 successor to the 308/328 with Testarossa-influenced design | Variant, mileage, records, service condition, and market comparables |
| Four-seat grand touring | 400 GT / 400i / 412 | Front-engine V12 and four-seat layout at a $40,000–$70,000 estimate | V12 mechanical systems, electrical systems, corrosion, and specialist support |
| Current-model ownership | Roma | Cheapest current-model option in the comparison | Actual model-line status, equipment, warranty or certification, and six-figure budget |
Bottom line: what is the best cheap Ferrari?
The Ferrari Mondial is the cheapest Ferrari to buy on entry price, with a researched estimate of $25,000–$40,000, but the Ferrari 360 is the better modern-value candidate for many buyers. The right choice depends on whether the priority is the lowest purchase price, classic appeal, four-seat practicality, or more usable modern engineering.
Do not buy the cheapest Ferrari you can find. Buy the best-documented, independently inspected example you can afford, and leave room in the budget for specialist maintenance. Ferrari’s badge is inexpensive only at the moment of purchase; the car’s condition determines what the bargain ultimately costs.
Frequently Asked Questions
What is the cheapest Ferrari to buy?
The Ferrari Mondial is the cheapest Ferrari to buy in this comparison. MotorTrend estimated its market price at $25,000–$40,000 in a comparison published in January 2025, although condition, records, mileage, geography, and variant can move the actual price substantially.
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Is the Ferrari 360 the cheapest modern Ferrari?
The Ferrari 360 is the strongest modern-era value candidate in the researched comparison. MotorTrend estimated Ferrari 360 market prices at $80,000–$103,000 and highlighted its newer engineering and ergonomics compared with older lower-priced Ferraris.
Which Ferrari is cheapest to maintain?
The Ferrari Mondial has the lowest purchase-price estimate, but no researched source establishes a universal cheapest Ferrari to maintain. Deferred belts, cooling work, electrical repairs, suspension, brakes, age-related deterioration, and missing records can make an inexpensive Ferrari costly to own.
Are old Ferraris affordable?
Yes, old Ferraris can be affordable to purchase, particularly the Mondial and some 400-series cars, but purchase price is only part of the cost. A Ferrari-specialist inspection and documented service history are essential because deferred maintenance can exceed the initial price advantage.
The Bottom Line
Bottom line: The Mondial is the cheapest Ferrari to buy in this comparison, but a well-maintained Ferrari 360 is the strongest modern-value choice. Service records, inspection results, originality, title history, and deferred maintenance matter more than the lowest advertised price.
Quick Recap
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