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Ferrari F40

1987-1992Last reviewed: April 2026 · How this report is builtApril 2026

1987-1992 · 2.9L twin-turbo V8 Tipo F120A (478 hp)

The last Ferrari signed off by Enzo himself, and widely regarded as the definitive supercar of its era. Just 1,311 units were built between 1987 and 1992, with a Kevlar-carbon composite body, tubular steel chassis, and a twin-turbocharged 2.9-litre V8 producing 478 hp. Mechanically simpler than many modern supercars, the F40 is surprisingly robust when properly maintained, though its age and exotic materials mean specialist care is essential.

Robust engine, proven reliable Simpler than modern supercars
Fuel cell replacement is costly Fuse panel prone to overheating
Buy if: You want one of the most iconic supercars ever built and can commit to meticulous specialist maintenance with full documentation.
Avoid if: You cannot budget for five-figure annual maintenance and the occasional major repair bill that comes with a 35-year-old exotic.
Expected Annual Maintenance Costs
€7,000 - €15,000/year
15,000 km/year
Fixed costs
€4,000-7,000
Risk buffer
€3,000-8,000
Common Problems
Robust mechanicals, but age and exotic materials drive high costs
The F40's twin-turbo V8 is fundamentally strong and many examples have exceeded 100,000 km without major engine work. The gearbox is equally robust. However, the car is now 33-38 years old, and age-related deterioration of rubber components, fuel bladders, and electrical systems is the primary ownership challenge. The fuse panel is a known fire risk that should be addressed proactively. Regular use with meticulous specialist maintenance yields the best results — F40s that sit unused tend to develop more problems than those driven regularly.
Pre-Purchase Inspection Checklist
General checks
Specific for this vehicle
Recalls and Technical Service Bulletins
Suspension fork cracking — front and rear lower forks can crack under stress (NHTSA 05V169000, 2005) Verify completed
Contact Ferrari with the VIN to verify the suspension fork recall has been completed. Due to the F40's age and limited production, any outstanding safety work should be resolved immediately through an authorized Ferrari dealer.
Warranty Status
Factory warranty (3 years) Expired on all F40s (production ended 1992)
Ferrari Classiche certification Available through Ferrari dealers, confirms authenticity
Extended warranty Not available for this model due to age
All Ferrari F40s are decades beyond their original factory warranty. No extended warranty programs are available for a car of this age. The Ferrari Classiche certification program confirms authenticity and originality but does not provide warranty coverage. Budget for all repairs as out-of-pocket expenses.

↔ Also consider

Ferrari 458 Italia 2010-2015 Much newer, naturally aspirated V8. Significantly lower running costs and more reliable overall, but different character entirely. Lamborghini Murcielago LP640 2006-2010 Similar era of exotic ownership costs. V12 is robust but gearbox and electrical systems need specialist attention. Porsche 911 Carrera 991 2011-2019 Fraction of the running costs and highly reliable. Completely different ownership experience but a useful cost benchmark. Ferrari LaFerrari 2013-2018 Hybrid hypercar with far higher complexity and running costs. V12 plus electric motors mean specialist bills escalate quickly. BMW M3 E30 1986-1991 Another 1980s icon with appreciating values. Simpler mechanicals mean much lower running costs, but still needs age-related care.

This report is for informational purposes only and does not constitute professional advice. Estimates may be inaccurate. Always have a qualified specialist inspect the vehicle before purchase. We accept no liability for decisions made based on this information.