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.
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.
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.
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 Authorized 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.
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.
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 Indianapolis, St. Louis, or anywhere else in the state, we can help from our Chicago-area location. Contact us to get started.
A convertible version of the 812 Superfast, the Ferrari 812 GTS interior is a well-appointed masterpiece that lets you enjoy the wind in your hair while cruising in a supercar with a top speed of 211 mph. Both are powered by the same naturally aspirated front-engined V-12 engine, and both offer a driving experience unlike any other automaker’s vehicles. But Ferrari has ensured that you can enjoy the comfort and convenience of modern technology while you’re tearing up the track. View Ferrari Inventory Contact Us Design The most obvious element of the Ferrari 812 GTS is the ability to enjoy…
The Ferrari F8 Tributo reviews all speak to it being a world-class performer, and this is unsurprising to anyone who’s been near one. With a twin-turbo V8 engine that produces 710 horsepower and 658 lb-ft of torque, the ability to go from 0 to 60 mph in 2.9 seconds, and a top speed of 211 mph, nobody is questioning its performance credentials — but, as with every Ferrari, reviewers are fawning over what makes this impressive supercar unique. View Ferrari Inventory Contact Us Motor Trend The title of Motor Trend’s Ferrari F8 review says it all: “The Ferrari F8 Tributo…
The Ferrari 488 represents a new chapter in the history of Prancing Horse V8-powered supercars. It takes its inspiration from a classic Ferrari model designation — the 308 GTB and F40 — and the Ferrari 488’s specs showcase its world-class capability. As a return to the classic naming convention, there’s a nod to the past; but with up to 661 horsepower, this track-focused supercar blazes a trail into the future. View Ferrari Inventory Apply for Financing Ferrari 488 GTB Specs Engine: Twin-Turbo 3.9L V8 Horsepower: 661 hp @ 8,000 rpm Torque: 561 lb-ft of torque @ 3,000 rpm Top Speed:…