What Does a Ferrari Cost in Dubai? A Complete Guide to Prices and Rental Options

Dubai hosts many attention-grabbing scenes and events that keep visitors coming back for more. However, a culture that many visitors may not know about is the citizens' love for luxury cars. There are many car fairs and exhibitions to attest to this.

One of the best choices among locals is the Ferrari, with its sleek look. Aside from the famous look of a Ferrari, the prestige of driving one also draws more fans. So there's a decision to choose between renting or buying one, and seeing which option suits your lifestyle. We can start off this guide by knowing the Ferrari price in Dubai for both renting and buying later, the process of doing both.

What You Need to Know to Buy a Ferrari in Dubai

It's beneficial to buy a Ferrari in Dubai because of the zero import tax, low VAT on luxury vehicles, and the thriving market available there. Knowing this, whether you're buying pre-owned vehicles or brand new ones, here are a few more things to understand about buying a Ferrari in Dubai.

The Price of New Ferraris

Expect to see varying prices of new Ferraris when you go to authorized dealerships and luxury car showrooms across Dubai. This is because different models and differences in customizations don't have the same cost.

The Price of Used Ferraris

If you're looking for a more affordable means to get into buying luxury cars, you can start out with used cars which are still in great condition. Something that can affect the price of a used Ferrari is the model year, its mileage and its current state. Seek to get the car in the best condition that you can afford so you can enjoy it for longer.

Ferrari Rental in Dubai: The Process and Benefits

If you're a luxury car enthusiast who wants the thrill of riding a Ferrari without committing to one, try renting. Based on the model you're renting, the prices vary. Here are some prices you can rent different models for:

• Ferrari Portofino Rosso: This rents at a starting price of about $722 per day.
• Ferrari 488 Spider: This goes for about $750-900 per day.
• Ferrari SF90: This Ferrari goes for around $2500 per day because of the model.

You can also look out for hourly rates if you just intend to use the car for an event, whether formal or informal, but not the whole day. The hourly rates can be as low as $130 per hour.

Top Rental Company in Dubai

The best rental companies provide amazing service for their customers, with new and older models in quality condition. Aside from this, they offer daily, weekly, and monthly options and free delivery of the vehicle to your location.

When to Rent a Ferrari

You can rent one to go on a business trip or meeting to improve the class that you display to your clients or bosses. However, it doesn't end here; you can rent a Ferrari just for the thrill of driving such a powerful car.

Comparing Costs: Buying vs. Renting

The concept of buying or renting depends on your purpose for it. For example, it'll only be cost-effective for someone who wants to use a Ferrari to drive to a high school prom if they rent for a few hours rather than buying one.

If you're going to buy a Ferrari, consider the cost of maintaining one and the fact that the value depreciates, not appreciates. This helps you decide what model to buy if you're buying at all.

On the other hand, renters should think of the convenience and flexibility that the purchase should afford them, and if that's not the case, they can have a rethink.

Conclusion

Whether you're owning a Ferrari or renting one in Dubai, you've automatically joined "the big league" in the car lovers' crew. Take time to consider your budget, the time, and what you need the car for before buying, for smooth transactions. Then, enjoy your Ferrari after you rent or buy it.