Daily Ferrari rental rates range from $1,500 to $3,500 depending on the model, location, and rental company

A Ferrari for a day costs more than most people's monthly car payment, but the price varies widely based on which Ferrari you want and where you're renting it. A newer F8 Tributo or Roma typically runs $2,000 to $3,500 per day at established rental companies in major cities. Older models like the F430 or California T may cost $1,500 to $2,200. Exotic car rental shops in smaller markets sometimes charge less, but availability drops sharply outside major metropolitan areas and tourist destinations.

The quoted daily rate is only the starting point. Most companies add a mileage fee (typically $2 to $5 per mile after a small included allowance), a security deposit ($5,000 to $10,000 held on your credit card), insurance costs, and sometimes a delivery fee if you want the car brought to your location. A $2,500 daily rate can easily become $3,500 or more once these extras are factored in.

Key Takeaways

  • Base daily rates for current-model Ferraris range from $2,000 to $3,500, with older models sometimes available for $1,500 to $2,200.
  • Mileage fees of $2 to $5 per mile are charged on top of the daily rate, making a 100-mile drive add $200 to $500 to your total cost.
  • You must provide a valid driver's license, proof of insurance, and a credit card for a security deposit, which is held but not charged unless damage occurs.
  • Insurance through the rental company typically costs $150 to $300 per day and is separate from your personal auto policy, which may not cover exotic rentals.

What's included in the daily rate and what costs extra

The daily rental fee covers the car itself, basic roadside information, and usually a small mileage allowance—often 50 to 100 miles per day. Anything beyond that allowance is billed at the per-mile rate. Some companies bundle insurance into the daily rate; others charge it separately. Always ask whether the quoted price includes insurance, because if it doesn't, you're looking at an additional $150 to $300 per day.

Delivery fees, fuel charges, and late-return penalties are common add-ons. If you want the Ferrari delivered to your hotel or event location instead of picking it up at the rental office, expect to pay $200 to $500 one way. You return the car with a full tank, so if you don't, the company charges a refueling fee that's usually marked up 30 to 50 percent above the pump price. Returning the car late—even by an hour—often triggers an additional daily charge.

Insurance and liability when you rent a Ferrari

Your personal auto insurance almost certainly does not cover an exotic car rental. Most standard policies exclude high-performance vehicles or require a separate rider. Before you rent, call your insurance company and ask whether your policy covers exotic car rentals; if it doesn't, you'll need to purchase the rental company's insurance.

Rental company insurance typically costs $150 to $300 per day and comes in two forms: collision damage waiver (CDW), which covers damage to the Ferrari, and liability coverage, which covers damage you cause to other vehicles or property. CDW usually has a deductible of $2,500 to $5,000, meaning you pay that amount out of pocket if there's an accident. Some companies offer a zero-deductible option for an additional $50 to $100 per day. Read the policy carefully—many exclude damage from racing, off-road driving, or driving in certain weather conditions.

Where to rent a Ferrari and what to expect from the rental company

Established exotic car rental companies operate in most major U.S. cities: Los Angeles, Miami, Las Vegas, New York, and San Francisco have the most options and competitive pricing. National companies like Hertz Dream Collection and Enterprise Exotic Car Collection operate at select locations, while independent shops like Gotham Dream Cars (New York) and Prestige Imports (Miami) often have larger fleets and more flexible terms.

Rental companies typically require you to be at least 25 years old, hold a valid driver's license, and provide proof of insurance. Many ask for a credit card in your name for the security deposit and require you to sign a detailed damage waiver. Some companies run a background check or driving record review before approving your rental. If you have recent traffic violations or accidents on your record, you may be declined or charged a higher rate.

Before you book, ask about the company's damage policy in writing. Some charge for any damage, no matter how minor; others have a threshold (damage under $500 is waived, for example). Confirm the mileage allowance, the per-mile overage rate, and whether the insurance deductible is waivable. Get the fuel policy in writing too—some companies charge a premium for refueling, while others straightforward bill you at market rate.

How mileage charges add up quickly

A Ferrari is not a car you drive to the grocery store. Most people rent one for a specific event or experience—a weekend getaway, a track day, or a photo shoot—and the mileage adds up faster than you'd expect. If your daily rate is $2,500 and the mileage fee is $3 per mile, a 200-mile round trip to the coast costs an extra $600 on top of the daily rate.

Some rental companies offer unlimited mileage packages for an additional flat fee, typically $500 to $1,000 per day. If you plan to drive more than 150 to 200 miles, an unlimited mileage add-on usually saves money compared to per-mile billing. Always calculate your expected mileage before booking and ask whether an unlimited package is available.

Comparing Ferrari models and their rental costs

Not all Ferraris cost the same to rent. Newer models with lower mileage and more advanced technology command higher daily rates. A 2024 F8 Tributo or Roma typically rents for $2,800 to $3,500 per day. A 2020 or 2021 model of the same car might be $2,200 to $2,800. Older models like the 2015 California T or 2012 F430 often rent for $1,500 to $2,200 per day.

The model you choose affects insurance costs too. Newer cars with higher replacement values usually have higher insurance premiums. A 2024 F8 Tributo might cost $250 to $300 per day to insure, while a 2015 California T might be $150 to $200. If you're budget-conscious, asking for an older model can save $1,000 or more over a two-day rental when you factor in both the daily rate and insurance.

Frequently Asked Questions

Do I need a special driver's license to rent a Ferrari?

No, a standard valid driver's license is sufficient. However, rental companies may decline you if you have recent traffic violations, DUIs, or at-fault accidents on your record. Some companies run a driving history check before approving your reservation.

Can I rent a Ferrari if I'm under 25?

Most companies require renters to be at least 25 years old. Some allow drivers as young as 21 but charge a young driver surcharge of $25 to $50 per day. Call the rental company directly to ask about their age policy.

What happens if I damage the Ferrari?

You're responsible for all damage unless you purchased the rental company's collision damage waiver. With CDW, you typically pay the deductible ($2,500 to $5,000) and the company covers the rest. Without CDW, you pay the full repair cost, which can easily exceed $10,000 for a Ferrari.

Can I take a rented Ferrari on a track day?

Most rental companies prohibit track driving, and their insurance explicitly excludes damage from racing or track use. Some companies partner with track facilities and offer track-day packages with modified insurance, but these are separate from standard daily rentals and cost significantly more.

Is it cheaper to rent a Ferrari for multiple days?

Yes, most companies offer discounted rates for multi-day rentals. A three-day rental might cost $2,200 per day instead of $2,500 per day, saving you $900. Always ask about weekly rates too—some companies offer substantial discounts for seven-day rentals.