There is one thing you should be aware of first if you are new to the world of antique Ferraris. There isn’t a low-cost version of any of these cars, according to GQ. Any vintage Ferrari can start in the six figures, even if you have your eye on a less than remarkable model. Even entry-level models have a price tag of $75,000 to $125,000.
One of these iconic Ferraris will be expensive to restore and maintain. Expect to spend $1,000 a year just on oil changes. The cost of an engine belt service ranges from $8,000 to $10,000. And even if you do manage to save a little money when buying a vintage Ferrari, be ready to shell out thousands of dollars for repairs and enhancements.
In This Article...
How much is a Ferrari from 1963 worth?
In the world of collectable cars, the Ferrari 250 GTO is recognized as the Holy Grail. It is one of the rarest Ferraris in existence and one of the most successful racing cars of its era, which only increases the value of this historical artifact. Only 36 units were produced between 1962 and 1964.
There is no such thing as a cheap Ferrari 250 GTO, but this specific model from 1963 with the serial number 4153 GT currently holds the record for the most expensive vehicle ever sold at auction for a staggering $70,00,000. This front-engined GT car was capable of reaching 174 mph, which was unheard of at the time, and ran the quarter-mile in just 13.1 seconds thanks to its 302 horsepower Tipo Comp. 3-liter V-12 and 5-speed gearbox with Porsche-style synchromesh. One of the main factors in this record-breaking example’s high price is the fact that it even won the Tour de France in 1964. If and when the anonymous owner of this legendary piece of automotive history decides to sell it, the same example is predicted to bring over $100 million.
What is the present value of a Ferrari?
An interactive graph shows Ferrari’s (RACE) historical market capitalization (net worth) over the previous ten years. A company’s market capitalization, or the current stock price multiplied by the number of outstanding shares, often represents how much it is worth. Ferrari has a $37.31B market value as of September 13, 2022.
Ferrari N.V. is a company that creates, produces, and sells sports automobiles. Its offerings include two grand tourer (GT) vehicles, the California T and FF, as well as sports car types including the 458 Italia, 488 GTB, 458 Spider, 488 Spider, F12 Berlinetta, and 458 Speciale. The company also creates one-off, limited-edition, and supercars like the LaFerrari. Its primary operating regions include Greater China, Europe, the Middle East, India, Africa, the Americas, and the rest of Asia-Pacific. The headquarters of Ferrari N.V. are in Maranello, Italy.
What Old Ferrari is the most expensive?
- Jo Schlesser raced a red 1963 Ferrari 250 GTO in 1960, which was auctioned for $52 million in 2013.
- With a sale price of $70.2 million, another Ferrari 250 GTO in silver blue was the most expensive automobile ever.
What is the price of the cheapest Ferrari?
The brand of supercars that is perhaps best known worldwide is Ferrari. This Italian carmaker has gained notoriety for its outstanding performance and domination in motorsports. In order to make their sports vehicles even more thrilling, Ferrari has started using turbocharging and electricity.
The Portofino is the least costly Ferrari currently on the market, yet no Ferrari can be classified as entry-level. The base price of this classy roadster is around $215,000 before options, and like any Ferrari, extras are available in abundance.
Most Expensive: The SF90 Stradale is a display of Ferrari’s performance prowess. Its hybridized twin-turbo V-8 produces close to 1,000 horsepower. The SF90 is considerably over $1 million in price, but you can’t just go into a dealer’s lot and purchase one. To add an SF90 to your collection of Prancing Horses, you must receive a personal invitation from Ferrari.
The most entertaining Ferrari to drive is impossible to choose, just as the preferred pizza variety. Nevertheless, we were in awe of the 812 Superfast. We won’t soon forget the 812 “Stoopidfast’s” V-12 song since emissions regulations cast doubt on the future of 12-cylinder engines.
As soon as a car is released, we want to test and rank as many of them as we can. We’ll rank new models as we periodically update our rankings and we might even change the scores for some models. Vehicles with insufficient testing data, however, are not scored.
What is the value of a Ferrari 250 GTO?
So, from where did this amazing car originate? According to legend, Enzo Ferrari was searching for a rival to the Jaguar E-Type. That, according to Digital Trends, is the reason the 1963 Ferrari 250 GTO exudes style and charm. However, this car is primarily intended for racing.
Gran Turismo Omologato, or “Race Homologation Special,” is what “GTO” stands for. Since then, the GTO moniker has come to mean high performance, quickness, and racing prowess. The original 250 GTO won the 1963 Tour de France after a strong start.
The 1963 Ferrari 250 GTO was always a somewhat costly vehicle, looking back. The original price of the production model was around $18,000, or $153,000 in today’s money. Enzo himself had to assess and approve buyers as part of the procedure.
There is substantial debate over how many of these vintage Prancing Horses were made; estimates range from 36 to 39, according to Road & Track. Ferrari, however, affirms that it ultimately produced and sold 39 vehicles.
As they changed hands over time, different Ferrari 250 GTO models had varying prices. A 250 GTO actually cost $5,400 when it was sold privately in 1962, before all the fanfare. A restored GTO owned by Ralph Lauren sold for $4.2 million 20 years later. The price of the Ferrari 250 GTO has only risen in more recent years; a 1962 example was sold privately in 2012 for $35 million. Another 250 GTO also set an auction record in August 2014 when it sold for $38.1 million, according to Forbes.
Undoubtedly, a vehicle’s value might soar to new heights due to limited manufacture. But why is the price of the 1963 Ferrari 250 GTO so outrageous? And how does this storied collector automobile stack up against other pricey vehicles out there? Apparently, there is a lot more to learn about the Ferrari 250 GTO.
What is the market value of a 1989 Ferrari Testarossa?
A Ferrari Testarossa’s price. Naturally, the answer to that question can be difficult given that the car in question is no longer produced. The Testarossa may fetch quite a premium on the used market, especially given its status as a classic Ferrari and its significance in pop culture. In addition, a car’s price might vary depending on a number of factors. According to its condition and the year it was released, the price of a Ferrari Testarossa for sale in 2022 can vary quite a little. A Ferrari Testarossa costs an enthusiast between $150,000 and $250,000 on average. While it’s a significant sum of money, the Ferrari Testarossa MSRP of $181,000 is still within striking distance, and it’s important to note that the Testarossa automobile combines being a classic, being a Ferrari, and being a well recognised pop culture icon.
At $181,000 in 1989, the initial price of the Ferrari Testarossa was relatively high for the time and included a $2,700 gas-guzzler tax. Famously, the family of Fiat Chairman Gianni Agnelli auctioned off the Testarossa Spider (the only authorized convertible variant of the Testarossa in 1986) in 2016. Agnelli received the car as compensation for his 20 years as the company’s chairman.
1984 until 1996 saw the debut manufacture of the Ferrari Testarossa. At Pininfarina S.P.A., Leonardo Fioravanti, Ian Cameron, Guido Campoli, Emanuele Nicosia, and Diego Ottina created the opulent sports automobile. The Ferrari BB 512i served as its forerunner, and the Testarossa was superseded by the Ferrari 550 Maranello. Over the course of the Ferrari Testarossa’s ten-year production cycle, roughly 10,000 vehicles, including all altered models, were created. As a result, the Ferrari Testarossa is one of the sports car models that Ferrari produces in the highest volume.
What is the market value of a 1991 Ferrari Testarossa?
The 4.9-liter flat-12 engine in the 1991 Ferrari Testarossa generates 385 horsepower at 6300 RPM and 361 pound feet of torque at 4500 RPM. With that, it can reach a top speed of 180 mph and accelerate from 0 to 60 mph in 5.2 seconds. The engine is mounted in a rear mid-engine layout, behind the cabin but still between the axles. It was the final mass-produced Ferrari to use a twelve-cylinder engine. The Testarossa now has a 40% front to 60% rear weight distribution, which enhances handling and helps the car handle turns smoothly. A five-speed manual gearbox is the sole available transmission, which is excellent because installing an automated transmission on a Ferrari would be similar to putting ketchup on a filet mignon.
What is the value of a Ferrari 308 GTB?
In 1975, the GTB, the first 308, was released. It weighs 2,403 pounds and had the first carbureted version of the F106 AB 2.9 liter V8. Even the original 308 was a very good car, especially for its time. Although it isn’t very fast by today’s standards, it makes up for this by giving its driver nostalgic flair and just as much pleasure as it did in its original day. The 1977-released GTS ups the enjoyment element thanks to its Targa top, which gives the driver an amazing open-air experience without much hassle.
Since the fiberglass-bodied GTBs were only produced for two years, they are highly sought-after collector cars. A fiberglass GTB, like this one, would cost its buyer roughly $200,000 if it had perfect maintenance and low miles. Contrarily, steel-bodied GTBs and GTSs are a reasonably inexpensive way to begin or grow a vintage Ferrari collection, with 308 GTB prices and 308 GTS prices like this one ranging between $50,000 and $100,000. Since they were the initial models of this 308, the original GTB and GTS were only made until 1980, when they were replaced by the GTBi and GTSi.
What McLaren is the least expensive?
Britain-based Although McLaren has just recently begun producing automobiles, it has already established itself as a compelling alternative to Ferrari and other supercar manufacturers.
Least Expensive: The McLaren 570S, which cost about $210,000 for a coupe, was the most affordable model offered by the British manufacturer. The Artura plug-in hybrid currently has a starting price of about $225,000.
The McLaren Elva’s $1.7 million price tag is nothing to sneeze at, but it’s no $2.3 million Speedtail either. The carbon fiber hyper-roadster is the lightest production McLaren ever produced and produces 804 horsepower without a windshield, roof, or windows. It’s also a blast to drive.
The most exhilarating driving dynamics can be found in every McLaren vehicle, from the GT to the Elva.
What is the lowest Lamborghini price?
The Honda Civic is smaller than the Huracan. In other words, the engine takes up the majority of the car’s space. It is nevertheless spacious enough for anyone up to 6 feet tall.
The Spyder convertible, on the other hand, is more confined. Therefore, if you’re considering purchasing one, be sure to take it for a test drive first!
What is the price of a Lamborghini?
The Present-Day Lamborghini Industry The Huracan, Aventador, and Urus SUV are the three automobiles that make up the current Lamborghini portfolio. The Huracan is priced at approximately $327,000, the Aventador is nearly $500,000, and the latter starts at about $218,000
What does a Lamborghini actually cost?
Price List for Lamborghini Automobiles in India for September 2022. Prices for Lamborghini vehicles range from Rs 3.05 crore to Rs 4.99 crore (Avg. ex-showroom)
Lamborghinis against Ferraris: Which is nicer?
Although the interiors of both Ferrari and Lamborghini are expertly crafted, they differ significantly: Every Ferrari interior is a demonstration of how design, function, comfort, and convenience can all coexist perfectly, in contrast to Lamborghini interiors, which are typically sparse affairs and more functional than comfy.