Cheapest Ferraris of 2006

We all laughed when Ferrari announced at the recent LA Auto Show that the company would not be developing a “cheap” Ferrari. It was a play on words, because every industry insider has told us that a new entry-level sports car from Maranello is in the works. But Ferrari’s right – even if the new model is the least expensive car with a galloping horse on the grille, it still won’t be cheap.

Get Autoblog in your Google feed

We all laughed when Ferrari announced at the recent LA Auto Show that the company would not be developing a “cheap” Ferrari. It was a play on words, because every industry insider has told us that a new entry-level sports car from Maranello is in the works. But Ferrari’s right – even if the new model is the least expensive car with a galloping horse on the grille, it still won’t be cheap.

Most things, however, get cheap if you wait long enough, and Ferraris are no different. Sports Car Market has assembled a slide show that reveals the Top Ten Cheapest Ferraris of 2006, ranging from a 1986 Ferrari 412i Coupe with 87,500 miles that went for $14,964 at auction to a nice 1980 Ferrari 308 GTBi with only 3,483 miles that someone nabbed for $50,600. There’s one Testarossa in the bunch, a white (eww) model from 1987 with 80,270 miles that was won for $42,000. Sure, $15,000 for a car from 1986 with almost 88,000 miles is no bargain, but it’s probably one of the cheapest Ferrari ever made.

[Source: Sports Car Market]