Do Ferraris lose their value?
Within the first few years, a considerable percentage of its value is lost, making used models notably more affordable. However, affordable is a relative term in the world of Ferraris. As of 2024, the price range for a used 488 can vary greatly depending on factors like mileage, condition, year, and customization. Ferrari car price starts at Rs 3. Crore for the cheapest model which is Portofino and the price of most expensive model, which is Purosangue SUV starts at Rs 9. Crore. Ferrari offers 6 car models in India, including 1 car in SUV category, 1 car in Convertible category, 4 cars in Coupe category.