A Ferrari with a top speed of nearly 200mph originally owned by President Donald Trump is expected to sell for up to $350,000 at auction.

The luxury F430 supercar was owned by the then-billionaire businessman for four years, and was registered to Trump Tower.

He bought it brand-new in 2007, and it has been driven just 2,400 miles since then.

The luxury car was owned by Trump for four years after he bought it brand-new in 2007

It is being sold by Auctions America with a guide price of between $250,000 and $350,000

A statement from the auction house said: 'It's well known that President Trump appreciates the finer things in life and this Ferrari F430 is no exception'

It is now being sold by Auctions America with a guide price of between $250,000 and $350,000.

A statement from the auction house said: 'It's well known that President Trump appreciates the finer things in life and this Ferrari F430 is no exception.

'At the time of its release, it was one of the most technologically advanced performance cars on the market.

At the time of its release, it was one of the most technologically advanced performance cars on the market

The car has a 4.3-litre V8 which develops around 485bhp - giving it a 0-62mph time of 3.9 seconds and a top speed of 196mph

'Already a low production vehicle, its provenance is significantly increased by President Trump's ownership.'

The car has a 4.3-litre V8 which develops around 485bhp - giving it a 0-62mph time of 3.9 seconds and a top speed of 196mph.

Auctions America will be selling the President's former Ferrari in Fort Lauderdale, Florida, over the weekend of March 31.

Auctions America will be selling the President's former Ferrari in Fort Lauderdale, Florida, over the weekend of March 31

The luxury F430 supercar was owned by the then-billionaire businessman for four years, and was registered to Trump Tower

They added: 'To see a former or current President's personal vehicle offered for sale is extremely rare. It's highly likely Donald Trump is the only United States President to ever own a Supercar.

'This Ferrari F430 is very special and is sure to make an excellent addition to any collection.'

Trump is known to be a fan of luxury cars, with Gearheads reporting that some of his previous acquisitions include a 2003 Mercedes-Benz SLR McLaren, a 2015 Mercedes-Benz S600, a 1956 Rolls-Royce Silver Cloud, a 2015 Rolls-Royce Phantom and a 2011 Chevy Camaro Indy 500 Pace Car.

Unusually he has also owned a 1993 Cadillac Allante, the same model used as a pace car for the 76th Indy 500 race.

Donald Trump with a 1956 Rolls-Royce Silver Cloud, one of the first cars he ever owned