Not all that long ago the Ferrari 308 was one of the most affordable Ferraris you could purchase. Times have definitely changed and a decent example will now cost you over $90k.
The prancing horse that was feature in Magnum PI is an icon of the 80’s. It’s stylish wedge shape and mid-mounted V8 are the formula for a vintage Italian sports car experience.
With Porsche or Lamborghini you can walk into a dealership and buy pretty much any new car on the lot of you have the cash. The same cannot be said of Ferrari.
It takes more than just being wealthy to buy a new Ferrari.
Just about ten years ago you could find plenty of examples of the Ferrari 308 GTB/GTS for under $30,000. At the time, some decent running cars with slightly higher mileage were near the $20,000 mark.
Back then, even though the prices were low, the maintenance costs kept most wiser people away. It’s funny how much things can change in just ten years. Someone who had bought a 308 GTB/GTS back then would now have a car worth more than twice the price paid to buy it originally.
Five years ago I wrote about 5 affordable Ferraris. What a difference half a decade can make. At the time you could purchase a decent Ferrari 308 GTB/GTS for less about $30,000. Now that same car is worth close to $90,000!
Needless to say, it is time to update the list as $90,000 is only cheap to someone who can already afford a newer Ferrari. Incidentally, one of my largest regrets in my “car life” is not purchasing a 308 that I had found for $25,000.
I instead bought a Porsche 996, which is a fine car for daily use (much better than the Ferrari), but as of yet hasn’t shot up in value like the 308; and it probably never will to the same extent.
Without further ado, here are 5 affordable Ferraris for 2018.
