Do you want to know how much it is to rent a Ferrari? Well, the sports car is relatively pricey to rent, but if you rent it for a special occasion, then you will not feel it. But the celebrities and businesspeople can afford to rent one regularly since it is elegant and classy. A reputable rental company should have a variety of Ferrari models to choose from and different prices for them.
There are many factors that determine how much your model of choice will cost you. It is better to have an idea of how much to rent a Ferrari before heading to your favorite car rental company to strike a deal.
What Determines the Cost of Renting a Ferrari?
A Ferrari vehicle will cost an average of $1,500, but depending on the model, it can go as high as $2,000 a day. Here is what determines how much it is to rent a Ferrari:
The model – Some models are more expensive than others. For instance, the Ferrari 488 GTB is more expensive to rent than a Ferrari 458 Italia. The model dictates the class and style of the car.
The year of make – Older Ferrari cars are more affordable than the latest models even if they are of the same car. If your budget is a bit tight, then you can consider a 2015 Ferrari as opposed to the 2020 models.
Condition of the car – Although reputable vehicle rental companies such as Milani Exotic Car Rental do not have poorly maintained Ferrari cars the condition of the vehicle determines its rental price.
Various Ferrari Models and Their Rental Cost
- Ferrari F8 Tributo – This is a high-end Ferrari car that you will rent at an average of $2,500 a day. But it is a signature car and you will hardly find many on the roads. Hence, you will stand out everywhere you show up.
- Ferrari 458 Spider – This popular Ferrari model will cost you an average of $1,500 a day if its year of make is relatively new. With this amount, you get a mint car suitable for weddings, birthday parties, and important business meetings.
- Ferrari California – This is not so expensive to rent, but you will still dig deep into your pocket and pay about $1,000 a day. The good thing is that it is still a hot supercar with a great reputation.
Other Costs When Renting a Ferrari
Of course, there are other costs that you will incur to rent a Ferrari. They include the deposit, which will be refunded when you return the car without any damage. Additionally, you might also need to pay some extra insurance if yours does not cover such vehicle rentals. Lastly, there is the cost of fueling the car everywhere you go.
With all of these insights, you now know how much to rent a Ferrari when you have a special occasion or just need one to run your errands. If you book one early, you have the leverage to negotiate a good discount.