Is the Ferrari 488 a good investment?
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. 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.The 488 replaced the 458 in the Ferrari lineup, with the 488 GTB bringing incredible control to at-the-time unprecedented levels of power (the SF90 Stradale continues to push that envelope).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.Ferrari 458 Italia Performance Yet Chicago drivers can already see that the specs support the newcomer, even if the Ferrari 458 Italia is quite impressive at 562 and 398 lb-ft of torque. The 488 GTB even has a slight edge in top speed at 205 mph over the 458 Italia’s 202 mph.
Does the Ferrari 488 hold value?
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. As compared to other exotic car brands, ferraris tend to hold their value well. Studies have shown that many ferrari models depreciate at a slower rate than other exotic cars of the same caliber. While some depreciation is expected in the first decade, most models stop depreciating after about 10 years.
Who owns the $70 million Ferrari?
The current record for world’s most expensive Ferrari was set in June 2018 when a 1963 250 GTO (chassis 4153GT) was sold to David MacNeil in a private sale for $70 million. The auction sale of a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé has made headlines around the world and for good reason. Sold at a whopping USD 143 million (Rs 1,100 crore approximately), the vintage coupe is now the world’s most expensive car sold at auction.
Who is the cheapest Ferrari?
The cheapest Ferrari car in India is Portofino, priced at Rs. Crore. 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.There are 9 used Ferrari cars available for sale in India with a starting price of Rs. Lakh. In addition to Ferrari second hand cars, you can also explore other popular used car brands available for sale in India such as used. You can check all the 134620 used cars available in India on CarWale.