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One of the appealing aspects of the Ferrari 488 is its value retention. While it does depreciate, the rate is slower compared to many other high-end sports cars. This slower depreciation is partly due to the Ferrari brand's prestige and the 488's popularity among enthusiasts.
Is A Ferrari 488 a good investment? ›The Best Ferrari 488 to Buy
For 488's that will most likely appreciate in value will be the performance variant such as the 488 Pista (coupe and spider). Although they are more expensive, they will also depreciate much less.
Prices for a used Ferrari 488 currently range from $169,988 to $479,995, with vehicle mileage ranging from 482 to 37,208. Find used Ferrari 488 inventory at a TrueCar Certified Dealership near you by entering your zip code and seeing the best matches in your area.
How many miles per gallon does a Ferrari 488 get? ›It can be just as difficult, perhaps even harder, to sell a Ferrari than purchase one. Automotive manufacturers produce several hundreds of thousands to millions of vehicles throughout their existence. Boutique manufacturers such as Lamborghini and Ferrari, however, may make only a few thousand models maximum.
Will Ferrari go up in value? ›Ferraris are unique in the automotive industry for their ability to hold their value over time and, in some cases, appreciate in value. However, it is not always a good investment. Many Ferrari owners tell tales of making large amounts of money from buying a Ferrari but these cases are few and far between.
Do Ferraris maintain value? ›A Ferrari or Lamborghini does not depreciate. If you treat it well, chances are that your car keeps its value, or even increases its value over the years.
Which is better, Ferrari 458 or 488? ›Though the 488 GTB marks a bold new direction with its twin turbo V8, the Ferrari 458 Italia has won its fair share of praise — over 30 international awards, in fact. One of them, “Best Performance Engine,” will have the Ferrari 488 fighting to earn its place in the modern Ferrari canon.
Which Ferrari holds its value best? ›Ferrari 488 GTB
Ferrari models typically hold their value well, and the 488 GTB is no exception. Its blend of technological innovation and classic Ferrari styling makes it highly sought after in the used car market.
'They've all been completely reliable,' he begins. 'Certainly the most reliable cars I've owned. I did 12,000 miles across ten different countries in the F12, 6000 hard miles in the 488 and they're racking up quickly in the F8 Tributo. They feel bulletproof.
The 488 GTB name marks a return to the classic Ferrari model designation with the 488 in its moniker indicating the engine's unitary displacement, while the GTB stands for Gran Turismo Berlinetta.
How many Ferrari 488 are there in the world? ›How many Ferrari 488s were made? Ferrari is relatively clandestine when it comes to production figures for its non-limited models, but considering the regular 488 likely made up a significant portion of Ferrari's overall annual production, there's a good chance there are between 10,000 and 15,0000 488s prowling around.
Can you use a Ferrari as an everyday car? ›Why, yes. You can daily drive a Ferrari, but be prepared for questions, challenges, and appearances on other people's social media. If Ferrari PR offered you a 2020 F8 Tributo for the day, would you turn them down?
How many miles will a Ferrari engine last? ›A supercar like a Ferrari or Lamborghini can last just as long as any other car with proper maintenance. With regular oil changes, tune-ups, and general upkeep, these cars can easily reach 200k miles.
How far can a Ferrari go on a full tank? ›Spoiler: one of the top three isn't a hybrid.
There are examples in this class that can really go far with one full tank and CompareTheMarket.com came up with a comparison list. The Ferrari SF90 Stradale tops the list with a 1,115-kilometer (693-mile) range.
The luxury cars that appear on everyone's wish list, such as Ferrari, Porsche and Aston Martin, to name a few, are synonymous with wealth and status and beyond the sometimes flashy, 'boy-racer' appeal, they can represent a unique investment opportunity whose value may appreciate substantially over time and become a ...
Which Ferrari is collectible? ›The 250 GTO is one of the most expensive classic road cars, with a concours example pegged at $72 million. Even the 365 GTB/4 is a well-established leading light with a price tag of around $1.5 million.
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