# Is it Worth buying an old Ferrari that is cheap?

**URL:** <https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971>\
**Category:** Buying/Selling\
**Tags:** ferrari\
**Created:** [February 3, 2025, 12:51pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971 "2025-02-03T12:51:41Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![aslamaqib307\_192690](https://avatars.discourse-cdn.com/v4/letter/a/67e7ee/32.png) [@aslamaqib307\_192690](https://community.cartalk.com/u/aslamaqib307_192690)\
**Post date:** [February 3, 2025, 12:51pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/1 "2025-02-03T12:51:41Z")

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I have never owned a Ferrari but was recently interested in looking through Ferrari models and got to know there are plenty of cheap Ferraris available that you can get under $100,000. The models are obviously old and were released in the nineties, but there are some newer (that was surprising) models as well like the Ferrari Cali T or the 612 Scaglietti.

What are your thoughts on buying a cheap Ferrari car? the maintenance and fuel costs will be high but how much? Which old Ferrari would you recommend with the least problems that you can be bought under $100k?

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**Author:** ![Beancounter](https://avatars.discourse-cdn.com/v4/letter/b/59ef9b/32.png) [@Beancounter](https://community.cartalk.com/u/Beancounter)\
**Post date:** [February 3, 2025, 1:35pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/2 "2025-02-03T13:35:23Z")

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Assuming you’re not simply a Troll, Hemmings, Hagerty and the numerous Ferrari Fanboy sites will give you a better answer.

Quick Answer - If you have to ask, you can’t afford it. (And that includes the cheapest “Ferrari”, the Ferarri/Fiat “Dino”.

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**Author:** ![VDCdriver](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/vdcdriver/32/30_2.png) [@VDCdriver](https://community.cartalk.com/u/VDCdriver)\
**Post date:** [February 3, 2025, 1:47pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/3 "2025-02-03T13:47:02Z")

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Back in the mid-sixties, the local Ford dealer had an early '50s Bentley on their used car lot, and the price wasn’t very high so for a brief time I actually contemplated buying it. But, I decided to research the cost of repair parts for that car, and when I found out that replacing the muffler–which was a frequently-needed repair on cars of that era–cost a bit more than $1k, I decided to drop the idea of buying it.

So, just for the heck of it, I decided to find out what an OEM muffler kit for a Ferrari would cost. Make sure you’re sitting down when you look at the price of just the OEM exhaust parts:  
[Ferrari Genuine Califonia Road Legal Mufflers — Miller Motorcars Boutique](https://store.millermotorcars.com/products/ferrari-genuine-california-road-legal-mufflers?variant=29829570232380&currency=USD&utm_source=google&srsltid=AfmBOopBkGPoucWF7U37bxJyuHPVzwbuJuH9eYrxfpyxwIP31lu21sgOn2c&com_cvv=8fb3d522dc163aeadb66e08cd7450cbbdddc64c6cf2e8891f6d48747c6d56d2c)

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**Author:** ![Cavell](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/cavell/32/43396_2.png) [@Cavell](https://community.cartalk.com/u/Cavell)\
**Post date:** [February 3, 2025, 2:02pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/4 "2025-02-03T14:02:07Z")

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If you can afford paying cash for a $50-80k car I think you can afford to maintain it. Go for it.  
It is an odd way to describe buying a car though. What is it worth to you? I’m sure you will be learning a few things about buying cars in a short while.

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**Author:** ![VOLVO-V70](https://avatars.discourse-cdn.com/v4/letter/v/8e8cbc/32.png) [@VOLVO-V70](https://community.cartalk.com/u/VOLVO-V70)\
**Post date:** [February 3, 2025, 2:19pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/5 "2025-02-03T14:19:10Z")

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Lets see , someone has a post asking why German cars can’t be as dependable as Japanese and now says a used Ferrari at 100000.00 is cheap. OK Fine .

A little hard to take them serious .

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**Author:** ![MikeInNH](https://avatars.discourse-cdn.com/v4/letter/m/a587f6/32.png) [@MikeInNH](https://community.cartalk.com/u/MikeInNH)\
**Post date:** [February 3, 2025, 2:31pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/6 "2025-02-03T14:31:30Z")

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An older Ferrari is NOT going to be cheap to maintain. Do you have the skills to do all maintenance yourself? Do you have the $10,000/yr to maintain such a vehicle?

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**Author:** ![LoudThunder](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/loudthunder/32/27769_2.png) [@LoudThunder](https://community.cartalk.com/u/LoudThunder)\
**Post date:** [February 3, 2025, 2:34pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/7 "2025-02-03T14:34:21Z")

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Old Ferraris are cheap for a reason; the reasons why are in the replies above.

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**Author:** ![aslamaqib307\_192690](https://avatars.discourse-cdn.com/v4/letter/a/67e7ee/32.png) [@aslamaqib307\_192690](https://community.cartalk.com/u/aslamaqib307_192690)\
**Post date:** [February 3, 2025, 2:34pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/8 "2025-02-03T14:34:34Z")

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> [@VOLVO-V70](#):
>
> now says a used Ferrari at 100000.00 is cheap.

If you see from from a Ferrari point of view where the prices go beyond millions in value, $100k is still cheap for an old/ classic model  
As for my previous question, is it stated somewhere that you can’t ask anyone their opinion besides your expertise or favorite brand? I think the Car Talk forum is for fans of every brand and not limited to just only a specific one, right?

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**Author:** ![aslamaqib307\_192690](https://avatars.discourse-cdn.com/v4/letter/a/67e7ee/32.png) [@aslamaqib307\_192690](https://community.cartalk.com/u/aslamaqib307_192690)\
**Post date:** [February 3, 2025, 2:35pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/9 "2025-02-03T14:35:37Z")

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> [@Cavell](#):
>
> I’m sure you will be learning a few things about buying cars in a short while.

For sure, thanks.

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**Author:** ![aslamaqib307\_192690](https://avatars.discourse-cdn.com/v4/letter/a/67e7ee/32.png) [@aslamaqib307\_192690](https://community.cartalk.com/u/aslamaqib307_192690)\
**Post date:** [February 3, 2025, 2:41pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/10 "2025-02-03T14:41:35Z")

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​Not really, many classic Ferrari models are really expensive(going in millions) to get, as collectors love the Ferrari cars and you don’t see much on the road. The older ones going down in value are mostly the ones that collectors ignored

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**Author:** ![jtsanders](https://avatars.discourse-cdn.com/v4/letter/j/c2a13f/32.png) [@jtsanders](https://community.cartalk.com/u/jtsanders)\
**Post date:** [February 3, 2025, 2:47pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/11 "2025-02-03T14:47:33Z")

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Here’s an outline of the cost to maintain a Ferrari, straight from the prancing horse’s mouth. Yes, it’s very expensive to own a Ferrari. That’s one of the reasons it’s not a daily driver. BTW, the more exotic Maseratis use Ferrari engines. Don’t go there either.

> **[Ferrari Maintenance Cost: Everything You Should Know](https://www.experienceferrari.com/ferrari-maintenance-cost/)**
>
> Discover the detailed costs of maintaining a Ferrari, from engine care to cosmetic upkeep, to budget for the luxury of owning an iconic car.

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**Author:** ![jtsanders](https://avatars.discourse-cdn.com/v4/letter/j/c2a13f/32.png) [@jtsanders](https://community.cartalk.com/u/jtsanders)\
**Post date:** [February 3, 2025, 3:05pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/12 "2025-02-03T15:05:12Z")

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If you’re thinking about a Ferrari, then you don’t mind two seat cars. Your best bang for the buck is a Corvette. Maintenance costs will be a lot less than the European cars you mentioned. If you want a sedan, consider a Cadillac CTS-V or CT5-V, depending on the years that interest you.

After Tanner Faust drove an early year CTS-V, he said that anyone that buys one should go to racing school to learn how to drive it because it was dangerously fast.

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**Author:** ![Mustangman](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/mustangman/32/44130_2.png) [@Mustangman](https://community.cartalk.com/u/Mustangman)\
**Post date:** [February 3, 2025, 4:21pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/13 "2025-02-03T16:21:11Z")

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A $100,000 Ferrari will need $50,000 in immediate service… that is why it is offered for $100K

If you can’t afford a new Ferrari, you can’t afford a used Ferrari

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**Author:** ![VDCdriver](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/vdcdriver/32/30_2.png) [@VDCdriver](https://community.cartalk.com/u/VDCdriver)\
**Post date:** [February 3, 2025, 4:34pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/14 "2025-02-03T16:34:13Z")

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> [@Mustangman](#):
>
> If you can’t afford a new Ferrari, you can’t afford a used Ferrari

This is essentially the same type of situation referred to in the old joke about Mercedes vehicles:  
Q: How can I become a millionaire?  
A: Start with $2 million, and then buy a used Mercedes. Within a couple of years, your net worth will be $1 million.

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**Author:** ![Beancounter](https://avatars.discourse-cdn.com/v4/letter/b/59ef9b/32.png) [@Beancounter](https://community.cartalk.com/u/Beancounter)\
**Post date:** [February 3, 2025, 4:34pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/15 "2025-02-03T16:34:50Z")

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Just FYI, the cheapest “Ferrari” you can buy is probably the FIAT Dino Spider with the Ferrari 2.4 liter V6 at the bargain price of $275.000.

> **[1970 Fiat Dino 2400 VIN: 00000135BS0001198 - CLASSIC.COM](https://www.classic.com/veh/1970-fiat-dino-2400-00000135bs0001198-4Zy2Z9p/)**
>
> Vehicle history and comps for 1970 Fiat Dino 2400 VIN: 00000135BS0001198 - including sale prices, photos, and more.

Bear in mind that you will NOT have the pleasure of a Ferrari badge, you WILL have the dubious pleasures of Ferrari costs, 50 year old Italian engineering, handling and construction. Let’s just say that the standards back then were very different.

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**Author:** ![texases](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/texases/32/862_2.png) [@texases](https://community.cartalk.com/u/texases)\
**Post date:** [February 3, 2025, 5:02pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/16 "2025-02-03T17:02:51Z")

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> [@Beancounter](#):
>
> Just FYI, the cheapest “Ferrari” you can buy is probably the FIAT Dino Spider with the Ferrari 2.4 liter V6 at the bargain price of $275.000.

There are much cheaper Ferraris, like the Mondial. Here’s the sales price record for auctions on Bring a Trailer:

 ![image](https://global.discourse-cdn.com/cartalk/original/3X/c/7/c76d0e32f8fd2a15f9244ecc7e77a43d3c49a250.png)  
 ![image](https://global.discourse-cdn.com/cartalk/original/3X/b/f/bfd1d309a75bd20b41a4700d44bd3021792fac69.jpeg)

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**Author:** ![aslamaqib307\_192690](https://avatars.discourse-cdn.com/v4/letter/a/67e7ee/32.png) [@aslamaqib307\_192690](https://community.cartalk.com/u/aslamaqib307_192690)\
**Post date:** [February 3, 2025, 6:14pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/17 "2025-02-03T18:14:35Z")

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like the [texases](https://community.cartalk.com/u/texases) said, there are plenty of cheap options available under $100- $150k, Ferrari 400i and Mondial are the cheapest Ferraris here you can get

> **[Most Affordable Used Ferrari Cars You Can Buy in 2025](https://autosgrind.com/most-affordable-ferraris)**
>
> Ferrari cars are expensive, but some are cheaper than you may think. This post reveals the cheapest and most affordable Ferrari models you can buy right now.

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**Author:** ![ledhed75](https://avatars.discourse-cdn.com/v4/letter/l/f6c823/32.png) [@ledhed75](https://community.cartalk.com/u/ledhed75)\
**Post date:** [February 3, 2025, 6:25pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/18 "2025-02-03T18:25:27Z")

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I try and look out for “opportunities” in life myself, whether it’s purchases, job opportunities, or other situations.

But I always ask myself…why is this so “cheap”? Or, “why are you (the seller) selling this?”

There’s almost always a “cost” when getting a “great deal.” You just have to decide if that cost is worth it to you.

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**Author:** ![Beancounter](https://avatars.discourse-cdn.com/v4/letter/b/59ef9b/32.png) [@Beancounter](https://community.cartalk.com/u/Beancounter)\
**Post date:** [February 3, 2025, 8:02pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/19 "2025-02-03T20:02:35Z")

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Goodness I forgot about the Ferrari Mondial or what was Ferrari’s answer to the Chrysler TC by Maserati or the Citroen Maserati SM. Products that were the result of the late 70’s / 80’s safety & emissions requirements and the concurrent Italian Sportscar Manufacturers’ desperation to avoid bankruptcy.

The formula seemed to be to combine the undesirable body design of a desperate Sedan manufacturer with the undesirable engine of a desperate Sportscar manufacturer to speed them both to a Government Bailout.  
Ferrari’s “genius” was instead of partnering with a volume manufacturer, they designed their own “4 seater sportscar” which was taller, heavier, slower and more expensive than competing Porsches and Lambos.and then blessed it with rubber bumpers and a 3 liter V8 making only 214 HP…

In comparison, a NEW 2025 Subaru BRZ makes 228 HP, Sticker price of $31,000, incorporates 30 years of technological improvements and has a 3 year warranty.

.

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**Author:** ![FoDaddy](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/fodaddy/32/717_2.png) [@FoDaddy](https://community.cartalk.com/u/FoDaddy)\
**Post date:** [February 3, 2025, 8:37pm UTC](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971/20 "2025-02-03T20:37:22Z")

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> [@aslamaqib307\_192690](#):
>
> What are your thoughts on buying a cheap Ferrari car?

No such thing as a “cheap” Ferrari in the context of the whole ownership experience. I would only consider it if I had the tools, a reliable source of parts/spares, and the necessary working knowledge to do the upkeep myself.

At the local Cars & Coffee we have a contingent of Ferrari owners, they typically have models that are 10-20 years old and have bottomed out in value. Most of these guys are quite well to do. And the Ferrari is their weekend car. Nobody uses these things as daily drivers.

> [@aslamaqib307\_192690](#):
>
> the maintenance and fuel costs will be high but how much?

It’s one of those, “If you have to ask, you can’t afford it” deals.

[Next page](https://community.cartalk.com/t/is-it-worth-buying-an-old-ferrari-that-is-cheap/198971.md?page=2)
