Renting a Ferrari in Chicago isn't as out of reach as most people think. The real cost depends on which model you pick, how long you keep it, and what time of year you book. This guide covers actual 2026 pricing from our fleet, plus the fees and factors that affect your final bill.
Ferrari Rental Prices in Chicago: 2026 Rates
We carry two Ferraris in our Chicago fleet. Both are convertibles, both are twin-turbo V8s, and both sound incredible echoing off the buildings on Michigan Avenue. Here's what they cost.
Ferrari 488 Spider — From $1,095/Day
The 488 Spider is Ferrari's mid-engine V8 convertible with 661 horsepower, a 3.9-liter twin-turbo engine, and a retractable hardtop that drops in 14 seconds. It hits 60 mph in 3.0 seconds flat and tops out at 203 mph. The 7-speed dual-clutch gearbox delivers shifts so fast you barely feel the transition.
At $1,095/day, the 488 Spider is the more affordable Ferrari option. It's also the better choice if you've never driven a mid-engine car before. The steering is communicative but forgiving, and the carbon fiber interior trim feels properly special without being intimidating.
Ferrari F8 Spider — From $1,295/Day
The F8 Spider is the successor to the 488 and Ferrari's most powerful V8 convertible ever produced. Same 3.9-liter twin-turbo block, but tuned to 710 horsepower. It shaves a tenth off the 0-60 time (2.9 seconds) and raises the top speed to 211 mph. The aero is more aggressive, the exhaust is louder, and the driving experience is noticeably sharper.
The $200/day premium over the 488 gets you 49 extra horsepower, updated aerodynamics, and a car that feels genuinely faster on the road. Whether that's worth it depends on how much those numbers matter to you. For a first Ferrari rental, the 488 is plenty. For someone who's driven supercars before and wants the edge, the F8 is the pick.
What Affects the Price
Rental Duration
The single-day rate is the highest per-day cost. Multi-day bookings drop the per-day price substantially:
- 1 day: Full daily rate ($1,095 or $1,295)
- Weekend (Fri-Sun): 10-20% off per day
- Full week (7 days): 20-30% off per day
- Monthly: 40-50% off per day (subject to availability)
A week-long Ferrari 488 Spider rental can bring the daily rate under $800. That's less than what some Chicago hotels charge per night.
Season
Chicago's exotic car rental season follows the weather. Convertibles like the Ferrari are highest demand from May through September when the lakefront is warm and the top can stay down. That's when rates are at their peak and availability is tightest.
If you can book in April, October, or the winter months, you'll find better pricing. There's something genuinely cool about driving a Ferrari through a light Chicago snowfall, though I'd only recommend that if you're confident with rear-wheel drive on slick roads. It's not the car's natural habitat.
Insurance and Deposit
Ferrari rentals require a security deposit between $10,000 and $20,000, held on a credit card. The deposit is fully refundable when you return the car undamaged. You'll also need proof of insurance. Your personal auto policy may cover exotic rentals — call your carrier and ask specifically about Ferrari coverage. If it doesn't, we offer supplemental coverage for an additional daily fee.
Mileage
The daily rate includes 100-150 miles. Extra miles are charged per mile over the allowance. For a full day of city driving — hotel to Lake Shore Drive to dinner in the West Loop and back — 100 miles is more than enough. A road trip to Starved Rock or the Indiana Dunes will eat into that allowance, so plan accordingly or ask about unlimited mileage options.
What's Included in the Price
Every Ferrari rental from Luxury Car Rentals Chicago includes:
- Delivery and pickup anywhere in the Chicago metro area
- Full vehicle orientation (controls, drive modes, retractable top operation)
- 24/7 roadside assistance
- Full tank of premium fuel at delivery
- Vehicle cleaning and detailing
There are no hidden booking fees. The price we quote is the price you pay, plus fuel and any mileage overage.
How Chicago Ferrari Rental Prices Compare
Chicago sits in the middle of the U.S. exotic rental market. Miami and Los Angeles Ferrari rates run 15-25% higher because of year-round warm weather and a bigger tourist base. New York is roughly comparable to Chicago, though you'll spend more of your rental stuck in gridlock. According to J.D. Power's exotic rental pricing guide, Ferrari rentals across major U.S. cities range from $1,000 to $2,500 per day depending on model and location.
Chicago's advantage is the driving itself. Lake Shore Drive is one of the best urban drives in America. You've got eight lanes, gentle curves, the skyline on one side and Lake Michigan on the other. That's a better setting for a Ferrari than crawling down Collins Avenue in South Beach traffic.
Tips to Get the Best Ferrari Rental Rate
- Book two or more weeks out. Advance reservations lock in better pricing, especially for summer weekends.
- Choose midweek. Monday through Thursday rates are consistently lower than Friday-Sunday.
- Rent for multiple days. The per-day cost drops with every additional day. Three days is the sweet spot for value.
- Consider the off-season. November through March pricing on AWD vehicles like the Lamborghini Urus or Porsche 911 Turbo S is excellent, and Ferrari rates drop too.
- Ask about event packages. We offer custom pricing for weddings, corporate events, and photoshoots.
Is a Ferrari Rental Worth the Money?
Honestly, it depends on what you value. If you're the kind of person who'd rather spend $1,000 on a memorable experience than on another gadget you'll forget about in a month, then yes. The exhaust note bouncing off the buildings in River North, the looks you get at every red light, the way the car pulls through second gear on an on-ramp — that stuff stays with you.
The limitation is practical. Two seats means no family outings. The low ground clearance means watching for every pothole and speed bump in the city. And rear-wheel drive in a 661-hp car demands respect, especially on wet pavement. A Ferrari rental isn't the right choice for every situation. But when it fits, nothing else comes close.
Frequently Asked Questions
How much does it cost to rent a Ferrari in Chicago?
Ferrari rental prices in Chicago range from $1,095 to $1,295 per day. The Ferrari 488 Spider starts at $1,095/day and the F8 Spider starts at $1,295/day. Multi-day and weekly bookings reduce the per-day cost by 10-30%.
What is the security deposit for a Ferrari rental?
Security deposits range from $10,000 to $20,000, held on a credit card. The full amount is refunded when the car comes back in its original condition.
Is renting a Ferrari cheaper on weekdays?
Yes. Monday through Thursday rates are typically 10-15% lower. Winter months (November through March) also offer reduced pricing.
What's included in the Ferrari rental price?
Delivery and pickup in the Chicago metro area, full vehicle orientation, 24/7 roadside assistance, 100-150 miles daily, and a full tank of premium fuel.
Contact us for an exact quote on your Ferrari rental dates, or browse our full Chicago fleet to compare options.