advanse

What is a Ferrari Worth?

Ferrari F8 Spider from the front

Ferrari vehicles are among the most coveted automobiles in the entire world, delivering world-class performance and distinctive design in the form of unique Italian supercars. Additionally, there are limited numbers of each model produced. Whether you’re talking about a race car or a Grand Tourer, a Ferrari’s value will be as much a product of its availability as its condition. So, what’s a Ferrari worth? It will depend primarily on the following factors.


Exterior Condition

What a Ferrari looks like is as intrinsic to a Prancing Horse’s value as its incredible performance. A Ferrari is a work of art, and any dent, ding, or scratch will affect its value. The more pristine your Prancing Horse, the higher your Ferrari’s value.

Was the car only used in track settings, or was it driven on the roadways? A car that’s been driven off of the track is likely to exhibit more signs of wear, decreasing its value.


Interior Condition

Similar to the exterior, the interior condition of your Ferrari will be a big factor in its price tag. Is the upholstery worn? Are there any flaws on the instrument panel or infotainment systems? Cracks in the glass? It’s true that every Ferrari is a work of art that and fetch a significant price even in a less-than-optimal state, but that also means that every small flaw will have an effect on the vehicle’s price.

Ferrari Roma interior

Powertrain

The condition of every aspect of your Ferrari is, of course, a key factor in determining what a Ferrari is worth. But just having a perfectly functioning powertrain is not enough to maintain the value of your vehicle: to maintain maximum value of your Ferrari, you must have detailed service records from an official Ferrari service center. Official records of services performed will be extremely important to any prospective buyer.

Proper maintenance is key. Mileage, of course, is also a big factor.


Is It a Limited Model?

Only 500 LaFerraris were made. Only 250 LaFerrari Apertas were made. There were only 500 Monza SP1 and Monza SP2 models made. The limited nature of these cars alone makes them much more coveted than the approximately 15,000 458 Italias on the world’s roadways, or even than the most cutting-edge models that are currently in production, such as the 812 Superfast or F8 Tributo.


Learn More With Continental AutoSports Ferrari

Maintaining your vehicle with trusted Ferrari service and detailing is the best way to maintain the value of your Prancing Horse, whether you intend to keep it for life or sell it someday.

Are you looking to buy a Ferrari, or looking for information on the value of a trade? Whether you live in Milwaukee, Indianapolis, or anywhere else in the state, we can help from our Chicago-area location. Contact us to get started.


More From Continental AutoSports Ferrari

  • When Will There Be an All-Electric Ferrari?

    At a press conference in June of 2022, Ferrari announced that they will build their first all-electric supercar by 2025! The first electric Ferrari is an important part of the brand’s plans for this decade, which include a complete overhaul of the current lineup. We’ve laid out more details in the Ferrari EV timeline below, but for now, just keep in mind that by 2030, up to 40% of Ferrari models sold will be 100%-electric vehicles. By the same year, up to 80% of Ferrari models sold will feature some form of electrification. Ferrari Hybrid-Electric Powertrains Ferrari is Morgan Stanley’s…

  • Ferrari Celebrates Its 75th Anniversary

    Ferrari is celebrating its 75th anniversary in 2022—but some things never change. Even as the brand plans to electrify its lineup and introduce 15 new models within the next four years, the team with the most wins in F1 racing history is once again displaying its prowess on the track with the F1-75 race car. After three-quarters of a century, the Prancing Horse remains a household name—and a leader wherever performance and innovation are concerned. Ferrari History Ferrari Model Research Looking Back, Looking Ahead: An Interview with Piero Ferrari Not that many companies can say that they’ve survived for 75…

  • Ferrari 296 GTS Reviews

    The Ferrari 296 GTS is a drop-top variant of the plug-in hybrid 296 GTB, and this new convertible performs just as admirably as the original. If you’re searching for a vehicle that thrills on the racetrack and delights on the highways of greater Chicago and Milwaukee, there’s simply no way around the fact that this model deserves your full attention. Our overview of the most recent Ferrari 296 GTS reviews highlights this model’s innovative design features and jaw-dropping performance specifications. While we don’t yet have one in stock for you to see in person, you can still get a sneak…

Continental AutoSports Ferrari 41.8171624, -87.9196139.