The Ferrari FF, Ferrari's first all-wheel-drive production car with a 660 hp naturally aspirated V12, now sells for around $115,000 in good condition, less than a new BMW M5Originally priced at over $300,000 in 2011, values have dropped approximately 10% in the past year, making it an unprecedented bargain for a modern V12 FerrariThe FF's innovative 4RM all-wheel-drive system weighs just 90 pounds and maintains near-perfect weight distribution despite the front-mounted V12 engine Right. Stop whatever you're doing and pay attention, because I'm about to tell you something rather remarkable. You can now buy a proper Ferrari, with a naturally aspirated V12, all-wheel drive, four seats, and 660 horsepower, for less money than a brand-new BMW M5. Let that sink in for a moment. A Ferrari. A V12 Ferrari. For less than a German sports sedan. The car in question is the Ferrari FF, which stands for Ferrari Four thanks to its all-wheel-drive system, and it represents one of the most compelling supercar bargains currently available. Good examples are trading hands for around $115,000, while pristine collector-grade versions hover around $150,000. Even ropier examples can be had for under $100,000 if you're feeling brave. Compare this to the new BMW M5's starting price of $119,500, and you begin to understand why this is genuinely remarkable. Now, before you rush off to drain your savings account, let's establish exactly what you're getting here. The FF isn't just any Ferrari. It's arguably one of the most important Ferraris of the modern era, a car that broke multiple company traditions and redefined what a four-seat Ferrari could be. Ferrari FF history and design philosophy Ferrari has been building four-seat models since the 1960s, with cars like the 330 GT 2+2 and 365 GT 2+2 allowing wealthy families to travel together in Italian style. In more recent times, models like the 456 and 612 Scaglietti followed the conventional formula: flowing two-door coupe bodywork hiding two extra seats in the back, with a powerful naturally aspirated V12 mounted up front. The FF, revealed to the world in 2011 after a four-year development program, took a radically different approach. Rather than evolving the 612 Scaglietti's elegant coupe design, Ferrari went with a shooting brake body style, that wonderfully British wagon-meets-coupe silhouette that prioritizes practicality without sacrificing style. The decision paid dividends in terms of usability. The trunk holds 15.9 cubic feet of cargo, nearly matching a Honda Accord's 16.7 cubic feet, while folding the rear seats liberates a total of 28 cubic feet. Those rear seats can actually accommodate two full-size adults comfortably, making the FF the ideal car for a weekend getaway to somewhere suitably exotic. But the FF's real party trick was its all-wheel-drive system. This was the first production Ferrari ever to feature AWD, breaking with decades of rear-wheel-drive tradition. Ferrari's engineers weren't just being different for the sake of it. They wanted to create a car that could tackle slippery Alpine roads with confidence, a Ferrari you could actually use in winter without needing the nerves of a tightrope walker. Performance and tech The heart of the FF is a 6.3-liter naturally aspirated V12 producing 660 horsepower and 504 lb-ft of torque, a significant step up from the 612 Scaglietti's 5.7-liter unit that managed just 533 horses. Power reaches all four wheels through a seven-speed dual-clutch automatic transmission, propelling the FF from zero to 60 mph in 3.7 seconds and on to a top speed of 208 mph. These are properly rapid numbers, the sort that make modern turbocharged sports sedans look rather ordinary by comparison. But the real engineering marvel is the 4RM all-wheel-drive system. Ferrari faced a challenge: they wanted to mount the V12 behind the front axle for optimal weight distribution, but traditional AWD systems are heavy, complex, and compromise handling dynamics. Their solution was brilliant. They developed a compact Power Transfer Unit that sits over the front axle, weighing just 90 pounds, half what a conventional AWD system weighs. This PTU essentially acts as a second gearbox, taking power directly from the front of the V12 to drive the front wheels when the rears start to slip. The system is so efficient that the FF maintains a near-perfect 47/53 weight distribution despite having a massive V12 mounted toward the front. For less than the cost of a new BMW M5, you can own a piece of modern Ferrari history, a car with one of the greatest engines ever made, genuine four-seat practicality, and enough performance to embarrass almost anything on the road. Just make sure you budget for maintenance, because nothing about Ferrari ownership is truly cheap. But when you fire up that V12 and hear it howl toward 8,000 rpm, you'll understand exactly why some things are worth every penny.