Ferrari Taking Orders Ahead of 30 Percent Price Cut India-EU FTA

Ferrari dealers across India are now accepting bookings at significantly lower prices ahead of the upcoming India-EU Free Trade Agreement — but only for pure-petrol models.

• Purosangue estimated to drop in price by over Rs 3.15 crore

• 12Cilindri lineup to get up to Rs 2.75 crore more affordable

• Ferrari cuts price on Purosangue, 12Cilindri and Amalfi orders in India

In a move that has sent waves through India's luxury car market, Ferrari reduced prices in India are now a reality at least on paper. Our sources confirm that Ferrari dealerships across the country have begun accepting orders at 30 percent lower prices, anticipating the India-EU Free Trade Agreement (FTA) that is expected to go into effect in 2027. Under the terms of this deal, import duties on European-made cars priced above €15,000 will be slashed from the current 110 percent down to around 35 percent in the first year, eventually dropping further to 10 percent in subsequent years — making these Ferrari offers in India the most significant pricing development in the brand's Indian history.

Since Ferrari deliveries in India typically take upwards of six months, dealers can now take orders reflecting the projected post-FTA price drops. However, there is an important catch — buyers taking delivery before the FTA officially goes into effect will still pay the current prices. Only those whose deliveries happen after the FTA kicks in will benefit from the reduced rates.

Which Models Are Covered?

Purosangue

The Ferrari Purosangue could see the biggest benefit under the India-EU FTA, with its estimated price dropping from Rs 10.50 crore to Rs 7.35 crore.

This means buyers could save around Rs 3.15 crore, making Ferrari’s V12 SUV significantly more accessible in India.

12Cilindri Coupe

The Ferrari 12Cilindri Coupe could become more attractive after the FTA, with its expected price dropping from Rs 8.50 crore to Rs 5.95 crore.

The estimated saving stands at around Rs 2.55 crore, making it one of the biggest beneficiaries among Ferrari’s petrol models.

Amalfi

The upcoming Ferrari Amalfi is already being booked at an indicative price of Rs 5.59 crore, which could reduce to around Rs 3.91 crore post-FTA.

With an estimated saving of Rs 1.68 crore, it could become the cheapest Ferrari in India once the revised duties come into effect.

Estimated Post-FTA Ferrari Prices in India

Here is how the prices of Ferrari eu-fta-india are expected to look once the agreement comes into force:

Important Disclaimers

These are projected estimates, not confirmed prices. Final figures will depend on the exact terms of the India-EU FTA and will also be influenced by EUR-INR forex movement at the time of delivery. Buyers placing orders today will receive their cars only after the FTA details are officially finalised and in place.

It is also worth noting that the India-EU FTA does not allow for reductions in EV import duties for the first five years. This means Ferrari's upcoming debut electric car, the Luce, will face the full weight of current import duties if it launches in India within that window - making it unlikely to benefit from the same price cuts as the petrol models.

Ferrari vs Lamborghini- Who Benefits More?

Interestingly, Ferrari is far better positioned to take advantage of the India-EU FTA compared to its closest rival Lamborghini, which no longer sells any pure-petrol cars in India. Since the FTA's tariff relief currently applies only to pure-petrol models, Ferrari's lineup, with four qualifying models, stands to gain the most. At current model count and pricing, Ferrari's India lineup includes the 296 GTB, 296 GTS, 12Cilindri Coupe, 12Cilindri Spider, 849 Testarossa and Purosangue, with the Amalfi joining later this year.

All post-FTA prices are estimates. Final pricing will be confirmed once the India-EU Free Trade Agreement is officially ratified and in effect.