How much horsepower does a 2016 Ferrari 488 GTB have?
The 2016 488 GTB boasts 661 horsepower and a 0-60 time of 3 seconds. Ferrari 458 Italia Performance The 488 GTB even has a slight edge in top speed at 205 mph over the 458 Italia’s 202 mph.In comparing the Ferrari 488 GTB’s and the Ferrari 488 Pista’s specifications and ratings, the Ferrari 488 GTB has the advantage in the areas of typical lower range of pricing for one- to five-year-old used cars, and fuel efficiency. The Ferrari 488 Pista has the advantage in the area of base engine power.Ferrari 458 Italia Performance The 488 GTB even has a slight edge in top speed at 205 mph over the 458 Italia’s 202 mph.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.
What are common problems with Ferrari 488s?
If you own a Ferrari 488, here’s what you need to know—turbo failures are extremely common, especially on the driver’s side. But before you panic and drop $50,000+ at the dealership, let us show you how to save 50% or more on repairs! Over the course of three years, the Ferrari 488 Pista remained the slowest depreciating car, losing just over 5% of its value. It’s clear why so many consider a Ferrari a good investment. Those that appreciate do so significantly, while those that depreciate, depreciate slowly.For those considering the 488 as an investment, it’s important to note that while it may not appreciate like some classic Ferraris, it’s less likely to see a steep drop in value. This stability makes it a potentially sound investment for car enthusiasts.Despite these issues, the Ferrari 488 has been praised for its driving experience and reliability, with many owners reporting a lack of major problems.
How much does it cost to maintain a Ferrari 488?
So, how much does it cost to service a Ferrari? While it can vary based on model and year, generally, the average yearly Ferrari maintenance costs range between $1,500 and $2,000. For specifics on your vehicle, reach out to our service team for a consultation. While it can vary based on model and year, generally, the average yearly Ferrari maintenance costs range between $1,500 and $2,000.The average cost to insure a Ferrari is $650 per month, adding up to approximately $7,800 per year. However, your insurance premium will vary based on factors such as your age, location, driving history, and the specific Ferrari model you own.
Does the Ferrari 488 hold value?
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. The 488’s value retention is influenced by several factors. Here is a rough estimate of typical service costs associated with the Ferrari 488: Oil Change: The cost starts at approximately $300 from independent mechanic, or $699 from the dealer.The GTB will start at about $250,000, while the Spider will set you back another 30 grand. Just about any Ferrari is a masterpiece from top to bottom, but the most important part of the 488 is the engine.Prices for a used 2016 Ferrari 488 currently range from $199,990 to $277,999, with vehicle mileage ranging from 7,825 to 42,420.
Can a Ferrari last 200,000 miles?
With three Ferraris each with more than 200,000 miles, Kevin Enderby doesn’t believe in babying Maranello’s finest. From the January/February 2025 issue of Car and Driver. Too many Ferraris are prized for how little they’re driven. Phil Bachman has amassed an astounding 40 Ferraris (the majority of them.
Which is the cheapest Ferrari?
The cheapest Ferrari car in India is Portofino, priced at Rs. Crore. Q: Which is the most expensive Ferrari car in India? The most expensive Ferrari car in India is Purosangue SUV, priced at Rs. Ferrari car prices in India range from ₹3. Cr to ₹7. Cr (Ex-showroom). The top 5 popular Ferrari models and their prices are the 296 GTB (₹5. Cr), SF90 Stradale (₹7. Cr), F8 Tributo (₹4. Cr), Roma (₹3. Cr), 812 (₹5. Cr). Explore the complete price list of all Ferrari models as of November 2025 below.
Can a normal guy buy Ferrari?
You may never get on Ferrari’s VIP list, despite owning a Ferrari. Obtaining an ordinary Ferrari is difficult, but procuring an extremely rare or limited edition Ferrari is almost unattainable for an average person. Among those banned are: Kim Kardashian – reportedly due to controversies around gifting and ownership disputes. Justin Bieber – after repainting and heavily modifying his Ferrari 458, something Ferrari discourages. Tyga – linked to unpaid leasing issues.However, some people are allegedly banned from buying a Ferrari even if they have the funds. One of the most common reasons is that they modify the cars without the manufacturer’s consent. Justin purchased a Ferrari 458 Italia F1 edition. He upset the manufacturer when he got it modified without the brand’s permission.