How much is a 488 GTB worth?
The average price for a Ferrari 488 is $252,906. Prices for a used 2018 Ferrari 488 currently range from $206,999 to $268,999, with vehicle mileage ranging from 5,492 to 30,882. Find used 2018 Ferrari 488 inventory at a TrueCar Certified Dealership near you by entering your zip code and seeing the best matches in your area.A Ferrari 250 GTO is worth a fortune today, with prices often reaching well over the $50 million mark. These classic cars are incredibly rare and highly coveted, making them some of the most valuable in the world.Insuring a ferrari 488 gtb is notably more expensive than average vehicles due to its high value and specialized repair costs. The average annual insurance premium for a ferrari 488 gtb is approximately $3,358, equating to about $279 per month.Ferrari produces this model in limited numbers, which makes owning one a privilege few can enjoy. The exclusivity drives demand and enhances the car’s long-term investment potential. Collectors and enthusiasts recognize the 488 GTB not just as a vehicle but as a valuable asset that appreciates over time.
What does GTB mean on a Ferrari?
The 488 in “488 GTB” represents one engine cylinder’s displacement while the “GTB” stands for “Gran Turismo Berlinetta. Though not always the case, seeing an increase in engine displacement is often a sign of an increase in power. GTB is an abbreviation for Gran Turismo Berlinetta. Ferrari uses this term for their mid-engine grand tourers such as the 488 GTB.The 488 in “488 GTB” represents one engine cylinder’s displacement while the “GTB” stands for “Gran Turismo Berlinetta. Though not always the case, seeing an increase in engine displacement is often a sign of an increase in power.Ferrari 488 GTB Performance Driving enthusiasts recognize the 488 GTB name as a return to the classic Ferrari model designation — 488 indicates the engine’s unitary displacement, while GTB stands for Gran Turismo Berlinetta. Expect performance that lives up to those high standards.GTB: Stands for, “Gran Turismo Berlinetta,” meaning coupe. GTS: Stands for, “Gran Turismo Spyder,” meaning convertible. Convertible models are now spelled with an “I”, Spider.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.
How much is a 2017 Ferrari 488 GTB?
If the first order of business for a $250,000 supercar is to rock your world, the 2017 Ferrari 488 GTB and Spider have their priorities straight. The seductive exterior, sculpted for maximum downforce at high speeds, makes a racy promise fulfilled by its dynamic abilities. You get the legendary Ford GT40 Mk II—the car that destroyed Ferrari at Le Mans in 1966 and sparked one of the greatest racing stories ever told. To celebrate 100 years of Ford, that legend was reborn as the 2005 Ford GT—a street-legal supercar that blends jaw-dropping performance with old-school soul.Ferrari 250 GTO With only 36 units ever made, its scarcity adds to its allure. The 250 GTO was designed to race but won the hearts of everyone, securing a mythical status among enthusiasts.In the 1966 Le Mans, the GT40 Mk II car broke Ferrari’s winning streak, making Ford the first American manufacturer to win a major European race since Jimmy Murphy’s Duesenberg in the 1921 French Grand Prix.Classic Motors For Sale In 2018, Chassis 4153 GT, a 1963 Ferrari 250 GTO, was sold in a private transaction for a staggering $70 million, setting the record for the most expensive classic car ever sold. The buyer? David MacNeil, the founder and CEO of WeatherTech, the premium automotive accessories company.
Is the Ferrari 488 GTB rare?
Ferrari’s limited production numbers ensure that each 488 GTB remains rare, which is a crucial factor for collectors seeking unique and valuable automobiles. This scarcity enhances the car’s desirability and long-term investment potential. 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.While Ferraris on the whole tend to retain their value better than most luxury vehicles, different models experience dramatically different rates of depreciation. Depending on the model, its maintenance, and the market, your car’s depreciation can vary greatly.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.Reliability: A Testament to Italian Engineering The 488, with its 3. V8 engine, is not just a powerhouse but also a testament to Ferrari’s commitment to reliable engineering. Common concerns with high-end sports cars include the cost of maintenance and the frequency of repairs.The Ferrari 488 officially ceased production in 2020. As a classic model in Ferrari’s mid – engined V8 sports car series, it made its debut in 2015, replacing the previous 458 Italia. Its successor, the F8 Tributo, was launched in 2019 and gradually took over its market position.
How many Ferrari 488 in the world?
As a classic mid – engined V8 supercar series under the brand, the global production volume of the Ferrari 488 is approximately 11,000 to 12,000 units. The specific figure covers different versions such as the 488 GTB, 488 Spider, and the track – exclusive 488 Pista. 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.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.It’s particularly evident when offering rides in the Prancing Horse’s new 488 GTB. Officially one of the fastest road-legal vehicles available, this 458 replacement makes massive leaps thanks to the addition of a turbocharger to its 3. V8, producing a whomping 493kW and 760Nm.
Which is the cheapest Ferrari in India?
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), F8 Tributo (₹4. Cr), SF90 Stradale (₹7. Cr), Roma (₹3. Cr), 812 (₹5. Cr). Explore the complete price list of all Ferrari models as of September 2025 below.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 price starts at Rs 3. Crore for the cheapest model which is Portofino and the price of most expensive model, which is Purosangue SUV starts at Rs 9. Crore. Ferrari offers 6 car models in India, including 1 car in SUV category, 1 car in Convertible category, 4 cars in Coupe category.What is the most expensive Ferrari of all time? The most expensive Ferrari of all time is the 1962 Ferrari 250 GTO, which sold for a whopping $70 million in a private sale.Both Ferrari and Lamborghini have prices that reflect their luxury label, however, Lamborghinis tend to be more expensive when looking across the lineup. The most affordable Ferrari model begins at around $250,000 for the latest 2024 Ferrari Roma.