Words like “value,” “cost,” and “worth” are all deeply relative terms that mean almost nothing without context. So, asking if a Ferrari and a 2021 Toyota Camry are “worth” the same is going to give a much stranger answer than you expected. Plainly put; Yes, you can buy a Ferrari for the same amount as a new 2021 Toyota Camry.
How much does a 2021 Toyota Camry cost?
The price range for a 2021 Toyota Camry is $25,000-$36,000. This is a decent amount of money for sure, but it’s surely not Ferrari money, right? Wrong. There are a great many different Ferraris in the world, and while most of them have been featured on posters, a few cheapos are floating around the bottom of the barrel.
Even though the Toyota Camry might be a bit boring, the money would probably be better spent than on a Ferrari for the same amount.
What is the cheapest Ferrari?
According to CarScoops, A (very) used Ferrari 308 isn’t a very pricey Ferrari. The YouTube channel Car Trek tried to help get to the bottom of this Ferrari/Toyota Camry thing by digging up the cheapest Ferraris in the game. The challenge was for each of the three hosts to buy a Ferrari for the same price as a Toyota Camry.
At the time of the YoutTube video, this 1978 Ferrari 308 was the cheapest red horsey car in the country. According to CarScoops, the 308 debuted in 1975. It has a traverse-mounted 2.9-liter V8 that originally made 237 hp. The whole wedge-shaped fiberglass Ferrari weighed only 2,403 lbs.
Aside from the little bitty V8 not making a very Ferrari amount of power, these 308s didn’t have a major flaw or anything; it was just that the entire package was just a little off. That, along with the fact that this one is pretty whopped, means it was bought for $30,000.
Certainly, there aren’t more Ferraris for that little money?
The other two hosts turned up with cheap Ferraris of their own. The second prancing pony to show up was a 1994 Ferrari 456 GT. These cars are powered by a 5.5-liter V12 making 436 hp, making it the fastest four-seater when launched in 1992. This budget pony claims a 192 mph top speed when new. This one technically went to the tippy top of the budget at $45,000.
The last of the three horsemen is a 2009 599 GTB. These supercars came with a 6.0-liter V12, which is the same motor that is in the Enzo. This V12 makes a staggering 612 hp, and it is clearly not within the price limits of the challenge.
After some horsetrading (no pun intended) for a Lamborghini Diablo Roadster, $40,000 cash, and a flood, this Ferrari made its way into the game. These were originally around the $350,000 mark. So, even getting this for sub $100k isn’t a bad look. But, it is very much cheating for the purposes of the Toyota Camry for the cost of a Ferrari challenge.
It can actually be done
Although each of these cars has a few black marks on their record, at least the 308 and 456 GT are technically both real Ferraris that cost less (or as much as) a 2021 Toyota Camry. If that doesn’t give you some hope of Ferrari ownership, I don’t know what will.