2003 Ferrari Enzo

2dr Coupe

12-cyl. 5999cc/660hp BMI ME7

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$3,600,000*

+1.4%
#4 Fair condition#4 Fair
Value Graph04/2407/2410/24$1M$2M$3MJan 2025
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2002-2004 Ferrari Enzo stats
Highest sale
$4,510,000
Lowest sale
$830,500
Most recent sale
$2,860,000
Sales
63

Photos

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2004 Ferrari Enzo Coupe
2002 Ferrari Enzo Coupe
2003 Ferrari Enzo Coupe
2003 Ferrari Enzo
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Model overview

Model description

When Ferrari introduced the Enzo in 2002, its Formula One team was in the midst of a dominant period, winning five constructor’s championships on the back of Michael Schumacher’s five consecutive driver’s titles from 2000-2004. The timing could not have been better, as the Enzo reflected recent developments in racing, and was the first Ferrari supercar since the F50 of the mid-1990s. Anticipation was high upon the model’s introduction.

With its Pininfarina-designed bodywork protruding forward like an F1 car’s nosecone, the Enzo looks the part, though it is beneath the carbon-fiber bodywork where the technology is truly borrowed from Ferrari’s racing program. Notably, the Enzo is equipped solely with a six-speed, electro-hydraulic transmission actuated by steering-wheel mounted paddle shifters. Carbon-ceramic brake discs some 15 inches in diameter provide stopping power not unlike that of a true racing car.

The suspension employs unequal-length wishbones with pushrod-operated springs and electronically controlled shock absorbers that can be adjusted from the cabin. Standard traction control offers both a “sport” mode and a “race” setting that allows for some wheelspin, plus the system can be entirely deactivated. A racing steering wheel is encrusted with five LEDs that illuminate in sequence with the tachometer, but the rest of the cockpit is somewhat Spartan. Ferrari fitted the Enzo with automatic climate control but no radio, and windows are operated by hand cranks.

The Enzo is powered by a mid-mounted, 6-liter, 48-valve V12 making 660 horsepower and 485 lb-ft of torque. Road & Track found that good enough to propel the car to an unbelievable 3.3-second 0-60 mph time. The quarter-mile took the magazine just 11.1 seconds and they hit the traps at 133 miles per hour. At a curb weight of 3,230 pounds, the Enzo is capable of an estimated 218-mph top speed.

Despite having a staggering horsepower figure, aerodynamics are an equally big part of the Ferrari Enzo’s speed, and one of the Ferrari engineers’ design goals was to eliminate the boy-racer wings that had graced Ferrari’s two previous supercars, the F40 and F50. So the Enzo has numerous inlets and outlets tucked under and around its body to manage airflow. An inconspicuous rear wing deploys at speeds over 37 mph, and works in conjunction with two hidden flaps at the front of the car to maintain ride height and stability.

While the Enzo offers the performance of a true supercar, it also has a reputation for providing a docile around-town driving experience. The front suspension can even be raised by 1.2 inches to allow for clearing speed bumps and driveway thresholds.

The Enzo Ferrari only remained Ferrari’s top “production” car until 2005, when 29 FXX variants of the Enzo were created. Nonetheless, it is one of the best cars ever produced by one of the best car manufacturers extant. The Enzo is an impressive combination of unbridled performance and streetability, and with only 400 built (80 of which were designated for the U.S. market) it is all but guaranteed to remain an important benchmark in automotive history.

Vehicle specifications

  • Wheel Base Shortest - Inches104.3
  • Wheel Base Longest - Inches104.3
  • Shipping Weight2767
  • Drive TypeRWD
  • Manufacturer NameFiat
  • Front Tire Size19R245
  • Manufacturer MSRP643330
  • Market SegmentationPrestige Sport
  • Vehicle Height45.2
  • Manufacturer CodeC133
  • Front Tire Size Code62

Equipment

  • StandardOptional
  • Power BreaksPower Brakes
  • Air ConditioningYes
  • Power WindowsYes
  • Tilt Steering WheelYes
  • Anti-Lock BreakingAll Wheel
  • Restraint typeDual Front Air Bag/Active Belts
  • Rear SuspensionIndependent

Equipment

Standard

  • Power BreaksPower Brakes
  • Air ConditioningYes
  • Power WindowsYes
  • Tilt Steering WheelYes
  • Anti-Lock BreakingAll Wheel
  • Restraint typeDual Front Air Bag/Active Belts
  • Rear SuspensionIndependent
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Common Questions

The value of a 2003 Ferrari Enzo can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $3,600,000 for a 2003 Ferrari Enzo in good condition with average spec.

The highest selling price of a 2003 Ferrari Enzo at auction over the last three years was $4,427,297. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 2003 Ferrari Enzo at auction over the last three years was $2,181,539. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 6 2003 Ferrari Enzos sold at public auction.

The most recent auction sale of a 2003 Ferrari Enzo was $2,860,000 on August 16, 2024 by Mecum Auctions.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.