When you hear the word “Ferrari,” what first comes to mind?
The term Ferrari signifies elegance, speed, and exclusivity. It is an Italian brand that is well known for its efficiency and superiorly designed cars. Therefore, driving a popular Ferrari is still a dream of many. But do you know what a Ferrari costs in India?
In this blog, we shall examine the Ferrari car price in India. We will also discuss the many Ferrari models that are accessible and can give you a smooth experience. Read on to discover the Ferrari top model price and the most affordable Ferrari cars in India!
Ferrari provides several thrilling vehicles. Every single one is unique in a distinctive way. The following is a list of all Ferrari models available in India:
Different Ferrari Models Offered in the Indian Market
Ferrari Portofino
This car is a combination of efficiency and style. It is the best option for those who like to drive with an open top. It has a strong V8 engine and a peak average speed of more than 320 km/h.
Ferrari Portofino car price in India:
₹3.50 crore (Approximately)
Ferrari Roma:
This car is renowned for its advanced technologies and elegant styling. The Roma combines superior performance with contemporary design It has a V8 turbocharged motor as well as a highly innovative cabin.
Ferrari Roma car price in India:
₹3.76 crore (Approximately)
Ferrari F8 Tributo
The Ferrari F8 Tributo is all about speed. It has a strong motor, which makes it popular in terms of efficiency. It pays homage to Ferrari’s V8 history with its amazing speed and handling.
Ferrari F8 Tributo car price in India:
₹4.02 crore (Approximately)
Ferrari 812 Superfast
It is renowned for its performance and speed. The 812 Superfast is a real monster. Its V12 engine is fully designed to provide a superb experience while driving.
Ferrari 812 Superfast car price in India:
₹5.20 crore (Approximately)
Ferrari SF90 Stradale:
A supercar that runs on hydrogen. It produces astounding efficiency by fusing a generator with a gasoline engine. It offers unmatched power and performance.
Ferrari SF90 Stradale car price in India:
₹7.50 crore (Approximately)
Ferrari Purosangue SUV:
The Ferrari Purosangue is the Italian carmaker’s first ever four-door, 4-seater car and the first Ferrari SUV. It gets a sporty yet sleek Ferrari look but with SUV-like ground clearance and interior space. The car is equipped with a V12 engine that generates 715 bhp & 716 Nm of peak power and torque.
Ferrari Purosangue car price in India:
₹10.05 crore (Approximately)
Ferrari GTC4Lusso:
The Ferrari GTC4Lusso didn’t have the signature Ferrari design but wasn’t a slacker in terms of performance. It could reach 0-100 kmph in 3.4 seconds. The car’s rear featured an SUV- or hatchback-like design. Unfortunately, the car is no longer in production.
Ferrari GTC4Lusso car price in India:
₹4.2 crore (Last recorded price)
Ferrari 296 GTS:
The Ferrari 296 GTS is a two-seater sports car coupe with a V6 hybrid powertrain. The car’s powerful performance makes for a fun driving experience. The stylish retractable hardtop roof and active spoiler are highlights of its exterior design.
Ferrari 296 GTS car price in India:
₹6.24 crore (Approximately)
Ferrari 296 GTB:
The Ferrari 296 GTB gets a powerful V6 engine paired with an electric motor, producing a combined output of 830 bhp. This entry-level supercar gets a gorgeous and elegant exterior inspired by the SF90 Stradale, along with a bounty of tech features on the inside.
Ferrari 296 GTB car price in India:
₹5.40 crore (Approximately)
Ferrari Cars Not Yet Available in India:
The following cars are not yet available for sale in India. That means that interested buyers must import these cars themselves and pay heavy taxes and import duties on top of the standard prices.
Ferrari SF90 Spider:
This open-air aupercar has a retractable hard top design. It is Ferrari’s first production plug-in hybrid spider and can sprint from 0-100 kmph in a mere 2.5 seconds. It combines a fun driving experience with record-breaking performance and sets new standards for the Prancing Horses.
Ferrari SF90 Spider car price in India:
₹8.55 crore (Approximately)
Ferrari SF90 XX Stradale:
The SF90 XX Stradale is a Special Version car created as part of the Ferrari XX Programme and is limited to 799 units worldwide. The first road-legal XX gets a V8 twin-turbo engine capable of powerfully exhilarating speed and performance. With a record lap time of 1:17.309 on the Fiorano track, it is now Ferrari’s fastest-ever road car.
SF90 XX Stradale car price:
$890,000 (Approximately ₹7.4 crore)
Ferrari 12Cilindri:
The Ferrari 12Cilindri is distinguished by its ultra-clean lines and standout elements, such as its sleek wraparound light band and blade-like DRLs. It gets a V12 dry sump engine, which enables it to reach a top speed of 340 kmph and accelerate from 0-100kmph in 2.9 seconds.
Ferrari 12Cilindri car price:
It starts at $417,000 (Approximately ₹3.4 crore)
Enzo Ferrari:
The Ferrari Enzo was a limited-series launch, limited to 399 production units. Back in 2002, it featured the best and most advanced racing technology of the time. The car features an aerodynamic design strongly influenced by functionality and improving performance. The Enzo Ferrari has now been discontinued.
Enzo Ferrari car price:
₹3.50 crore (Last recorded price)
Ferrari 812 Competizione:
The Ferrari 812 Competizione is probably one of the Prancing Horses’s last production cars to get a naturally-aspirated V12 engine. It is an amped-up version of the Ferrari 812 Superfast.
Its muscular wings and taller rear spoiler add to its aggressive and recognisable appearance.
Ferrari 812 Competizione car price:
Unknown, likely to exceed ₹10 crore
Ferrari Daytona SP3:
The Daytona SP3, also part of the Ferrari Icona limited series, features a naturally aspirated V12 engine and sleek retro curves. Limited to 599 units, the car is inspired by the three Ferari models that earned the top three places at the 24 Hours of Daytona in 1967.
Ferrari Daytona SP3 car price:
$2,226,935 (Approximately ₹18.6 crore)
Ferrari California T:
The Ferrari California T is a compact hardtop convertible car with a sporty side. It has an aerodynamic yet iconic design with a sleek bonnet and muscular wings.
Ferrari California T car price:
₹3.9 crore (Last recorded price)
Ferrari 812 GTS:
The Ferrari 812 GTS gets premium Italian leather upholstery and recognizable, iconic Ferrari design cues. The two-seater convertible gets a flding metal hardtop, so you can feel the wind in your hair as you push the 812 GTS’ 6.5-liter V12 engine to its limits.
Ferrari 812 GTS car price:
₹5.75 crore (Approximately)
Ferrari LaFerrari:
The LaFerrari is another limited series car, with production limited to just 499 units. It is Ferrari’s first production vehicle to get the Ferrari F1 hybrid HY-KERS technology. It has a powerful, naturally-aspirated V12 engine paired with an electric motor generating 949 bhp and a top speed exceeding 350 kmph.
Even if you have the money, you can’t just buy one. Ferrari offers its limited-series cars only to its exclusive, loyal clientele. Businessman Gautam Singhania is the only owner of a LaFerrari in India.
Ferrari LaFerrari car price:
$1,494,150 (₹12.5 crore)
Ferrari Monza SP2:
The Monza SP2 is one of Ferrari’s ‘Icona’ series, which is inspired by the most iconic Ferrari cars of the past to create new limited series vehicles. The Monza SP2 is a reinterpretation of the 1950s Barchettas, but with all-new and modern technology and design connotations. Only 499 units of this car have been produced.
Ferrari Monza SP2 car price:
Estimated price range is $1792844-$2,629,518 (Approximately ₹15-22 crore)
Ferrari 296 GT3:
The Ferrari 296 GT3 is the successor of the 488 GT3 EVO, featuring more downforce and accessible crew set-up modifications than its predecessor. The 296 GT3 secured its place in track history by debuting at the 24 Hours of Daytona and winning the 24 Hours of Nürburgring race.
Did You Know? Countess Paolina Baracca advised Ferrari founder Enzo Ferrari to brand his vehicles with a prancing horse in order to bring in good luck. Some historians trace the black prancing horse on the Ferrari logo all the way back to 1692.
Ferrari 296 GT3 car price:
Unknown. Estimated to be more than $615000 (exceeding ₹5.1 crore)
Complete List of Ferrari Vehicles in India
This is a comprehensive list of prices for a few Ferrari models available in India:
- Ferrari Portofino: ₹3.50 crore (Approximately)
- Ferrari Roma: ₹3.76 Crore (Approximately)
- The Ferrari F8 Tributo: ₹4.02 crore (Approximately)
- Ferrari 812 Superfast: ₹5.20 Crore (Approximately)
- Ferrari SF90 Stradale: ₹7.50 Crore (Approximately)
- Ferrari Purosangue: ₹10.05 crore (Approximately)
- Ferrari GTC4Lusso: ₹4.2 crore (Last recorded price)
- Ferrari 296 GTS: ₹6.24 crore (Approximately)
- Ferrari 296 GTB: ₹5.40 crore (Approximately)
- Ferrari SF90 Spider: ₹8.55 crore (Approximately)
- SF90 XX Stradale: $890,000 (Approximately ₹7.4 crore)
- Ferrari 12Cilindri: Starts at $417,000 (Approximately ₹3.4 crore)
- Enzo Ferrari: ₹3.50 crore (Last recorded price)
- Ferrari 812 Competizione: Unknown, likely to exceed ₹10 crore
- Ferrari Daytona SP3: $2,226,935 (Approximately ₹18.6 crore)
- Ferrari California T: ₹3.9 crore (Last recorded price)
- Ferrari 812 GTS:₹5.75 crore (Approximately)
- Ferrari LaFerrari: $1,494,150 (₹12.5 crore)
- Ferrari Monza SP2: Estimated price range is $1792844-$2,629,518 (Approximately ₹15-22 crore)
- Ferrari 296 GT3: Unknown. Estimated to be more than $615000 (exceeding ₹5.1 crore)
Thus, these prices might differ according to the city. You must consider tax along with additional expenses while analysing the overall price.
The estimated on-road costs in major urban areas are as follows:
- Delhi: Taxes may increase prices by 10% to 15%.
- Mumbai: As with Delhi, price increases are to be expected
- Bangalore: In comparison to Mumbai and Delhi, prices are somewhat cheaper.
- Chennai: Costs are comparable to those in Bangalore.
Factors impacting the cost of Ferrari Vehicles in India
The Price of a Ferrari vehicle in India is influenced by many factors, including:
- Import tax: The Ferraris are imported from Italy. Excessive import taxes raise the cost. The cost of the car may occasionally increase due to these fees.
- Taxes: The cost of a Ferrari also includes GST along with other additional taxes. The final cost is impacted by the varying tax rates in each state.
- Personalizing elements: Ferrari provides a wide range of customisation choices. These have the potential to greatly raise the cost. The cost might increase by lakhs for customised spaces, colour choice and efficiency enhancements.
- Location: Pricing may differ between cities due to regional taxes. Such as urban areas, are typically greater. This results in raising the cost of the car.
Cost of Purchase
Purchasing a Ferrari is not only about the initial investment of funds. There are other costs to take into account:
- Security: Car insurance, like Ferrari, comes at a hefty price. The yearly expense might amount to several lakhs. The age type and extent of the vehicle’s insurance all influence the total cost of coverage.
- Service: Ferraris need to have regular services done. This includes maintenance, repairs and equipment exchange. The annual cost of maintenance might occasionally reach ₹10 lakhs.
- Energy source: Ferrari motors are incredibly powerful. Their fuel consumption is higher than that of regular automobiles. The quantity of gasoline you use and the distance you drive determine how much it will cost.
Let’s contrast these prices with those of other high-end automobile brands:
- Protection: Comparable to names like Aston Martin, Ferrari, and Lamborghini.
- Service: Ferrari uses high-performance parts so the servicing costs may be greater.
- Fuel: Fuel expenses are greater as compared to other outstanding performance automobiles. Ferrari engines might not be as environmentally friendly compared to others. They have been specifically designed for performance.
Strategies for Purchasing a Ferrari
In India, the following funding methods are accessible:
- Auto Loans: A lot of institutions provide loans for expensive vehicles. One might get rates of interest that range from eight to twelve per cent annually.
- Banks: They provide various EMI arrangements and may need a substantial deposit. Banks offer simple programmes for monthly installments (EMIs). The expense may be managed more easily as a result. You can easily spread out your payment with the installment option.
- Lease: A few businesses provide leasing solutions. This lets you drive a Ferrari, even if you don’t own one. It can be the best option for individuals who want to take advantage of a Ferrari without having one.
Where Can I Get a Ferrari in India?
In India, you can get a Ferrari from an authorised showroom. Here are a few pointers for selecting a dealer:
- Authorized Dealers: You must purchase Ferrari products from approved sellers only. They provide authentic vehicles and service. They also offered warranty and support.
- Reputation: Look into the history of the dealer. Examine evaluations and get suggestions from others. Positive testimonials and pleased clients are signs of a quality vendor.
- Follow-up Support: Reliable after-sales support is crucial for you. Verify if the dealer provides a wide range of servicing alternatives. The accessible nature of replacement parts and routine maintenance are essential.
The Ferrari Resale Values in India
Remember that Ferrari vehicles typically resold for higher prices
The following are some elements that affect resale value:
- Situation: Cars with regular maintenance fetch more money at auction. The automobile remains in excellent condition with routine maintenance.
- Mileage: Vehicles with lower usage are preferred. Increased mileage may lower the car’s sale price.
- Early Model: The most popular models are more likely to hold their worth over time. In the secondary market, certain models have more demand.
- Maintenance History: Regular maintenance increases the value of an asset at auction. A thorough service record demonstrates how well-maintained the vehicle has been over time.
Conclusion:
Ferrari vehicles are associated with speed and elegance. Several variables, such as import duties and levies, contribute to the Ferrari car price in India.
On the other hand, having a Ferrari and riding it is a priceless memory. If you’re thinking about purchasing one, be sure to research all the prices and pick a reputable vendor. Remember that a Ferrari is a lifestyle decision that delivers unparalleled experience, not just a vehicle.
Frequently Asked Questions:
The cheapest Ferrari price in India belongs to the Ferrari Portfino. This mean machine has a price tag of ₹3.50 crore. On the other hand, the most expensive car is the Ferrari SF90 Stradale, which costs ₹7.50 crore.
Indeed, a lot of institutions provide EMI plans and auto loans for Ferrari purchases.
At over ₹7.50 Crore, the Ferrari SF90 Stradale is now the priciest model available in India.
The pricing may vary depending on region, custom choices, taxes, and import fees
Authorized Ferrari dealers may be found in significant towns like Bangalore, Chennai, Mumbai, Delhi, and so on.
Being the owner of a Ferrari in India is an exciting and exclusive experience if you enjoy high-end performance vehicles and can afford the expensive prices.