A Ferrari’s price depends on many things, most notably their scarcity and the number of models produced. Retail prices are one thing, but many Ferraris appreciate in value over time, and typically go for significantly above their retail price when they end up at auction.
The retail prices of a Ferrari are more of a starting point than an end point for many of these vehicles, but here are the starting prices of some of Ferrari’s recent offerings:
Retail price is only the start, though, especially when it comes to limited models.
In 2018, a 1963 Ferrari 250 GTO sold for a stunning $70 million. Bearing chassis number 4153 GT, there are several reasons why this vehicle fetched such a monumental price:
Prior to the sale of this particular GTO, the previous record for most expensive Ferrari was another 1963 GTO that sold for $52 million in 2013.
The $70 million GTO is believed to be the most expensive car in the entire world — we expect that the winner of the auction, Weathertech Founder and CEO David MacNeil, is enjoying his purchase immensely.
Any of them! Due to their highly limited nature, any Ferrari has the potential to appreciate in value. That said, any limited model is likely to increase in value more sharply than those produced in greater numbers. For instance, there were only 500 LaFerrari models ever made, and they cost over $1 million USD when they were released — but in 2016, a LaFerrari was auctioned for almost $5 million! This is to say nothing of the 500th (and final) LaFerrari that was produced, which fetched $7 million at auction, leading to the declaration that it’s “the most valuable 21st century automobile ever sold at auction.”
You may also be able to expect price to rise on a similar curve with other limited models, such as the Monza SP1 and SP2 (500 total models), Scuderia Spider 16M (499 models made), 812 Competizione (999 models), and Competizione Aperta (599).
All Ferraris are highly sought-after collectibles and works of automotive art — you cannot go wrong with any of them. Whether you’re purchasing a Ferrari as a collector or as a driving enthusiast, we’ll be happy to help, no matter where you are in the United States. From our dealership in the Chicago area, we frequently serve customers in Indianapolis, Milwaukee, and elsewhere, so don’t hesitate to contact Continental AutoSports Ferrari to inquire about your next purchase!
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