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What is the cheapest Ferrari?

My friend says that there’s no way you can find a Ferrari for under $80,000. I disagree, but I really don’t have any frame of reference for how much Ferraris cost. Which Ferrari is the cheapest out of all their models?

avatar
Joshua Levy · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
While you may be able to find a used older model Ferrari for under $80,000, the cheapest new Ferrari costs nearly $215,000. The Ferrari Portofino is one of Ferrari’s more reasonable cars for day-to-day life.
It has a strong suspension system that makes it more manageable than other models for longer drives. The cabin includes two back seats, and the seats themselves are relatively spacious. As a result, the Portofino lacks some of the power Ferraris are typically known for. But it also makes them a great starter car for new collectors.
While Ferraris are always expensive, the Portofino is also relatively low maintenance. So aside from the starting cost, you’ll likely be spending much less on
maintenance
than you would for other models. That said, a Ferrari may not be the best idea if you’re looking to save on
car expenses
.
If you do end up buying a Portofino, make sure to get the best available rate on the car insurance you need with
Jerry
. A licensed broker, the Jerry app helps users compare personalized quotes from over 50 top providers like Progressive and Allstate for free. When you find a plan you like, Jerry can help you switch policies or even help cancel your old one.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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