
Ferrari 488 GTB
Looking at a 488 for sale?
Put in the asking price and the odometer reading. You will see what this model should make at that reading.
Odometer only. Colour, options, history, condition and the photographs move it further, and that is what the report reads.
Price history
The verdict
Recorded sales
Every row, with its price and note (4) ↓
Score breakdown
The working behind each factor: baseline and drivers ↓
What it costs to own · about 2,588 km a year
Specification
What moves the price on this model
Condition, history, originality, ownership, delivery and modification multipliers apply to every car in the library. They are applied automatically when an advertisement is analysed, and the schedule is set out once, on the analyser page.
Projected value in five years
The case for and against
Widely praised by road testers as one of the best-driving turbocharged Ferraris to date, blending the immediacy of forced induction with genuinely sharp handling. It represents the current mid-engine V8 formula at a meaningfully lower entry point than when new.
Values are still on a depreciation curve rather than appreciating, typical of a car this recent, and specialist turbo V8 servicing costs sit at the top tier of Ferrari ownership. At 200 registered in Australia it will take longer to become genuinely scarce. The value rests on one Australian transaction with three dealer asks twelve per cent above it, and internationally only two standard cars have sold in the entire record - both at US$275,000, a year apart.
Known faults and risks
Similar cars, and what they cost to run
$378,000 at Waterloo NSW on 4 August 2025: an ORIGINAL AUSTRALIAN-MARKET 2016 car, three years with the seller, approximately 32,500 kilometres, Rosso Corsa over Beige Tradizione, carbon-ceramics, full paint protection film, five dated Ferrari Sydney services from 8,998 kilometres in 2018. Fitted with an aftermarket Fi exhaust and aftermarket wheels.
Read the rest of the evidence notes (3 more)
Averaging $429,267 - twelve per cent above the one figure anyone actually paid. At 32,500 kilometres against the 22,000 expected here the odometer adjustment is minus 1.7 per cent, so the sale normalises to about $384,500, and the value moves $425,000 to $385,000.
Three sellers wanting between $409,900 and $448,000 while the market cleared $378,000 is a measurement of how far apart the two sides of this car sit, and it is the same gap that put the 458 Italia, the 570S and the 720S in this library too high.
Revised 2 October 2026, while the sample listing report was rewritten. The $385,000 was the Waterloo result moved for distance and nothing else, so it carried that car's own specification inside it: Rosso Corsa, which this record's own colour table prices 4 per cent over the average, the front lift at 2 per cent, full paint film at 2 per cent, and an aftermarket Fi exhaust and aftermarket wheels, which the room charges about a third of this library's table for (D95, so 0.7 and 1 per cent). Every one of those was then applied a second time to any car priced against it: a Rosso car was paid its 4 per cent again, a car with a lift and film was credited for both again, and a Nero car was taken 1 point under a Rosso baseline when it sits 5 under it. Backed out, the same sale describes an average 2016 488 GTB at 22,000 kilometres at about $361,400, carried as $361,000. Nothing about the evidence changed; what the number means did. The asks are untouched and the gap between them and the one sale is now wider, which is the more honest reading of this market.
The report prices the car in the advertisement.
Send the link. A person reads the advertisement and its photographs and sends back what that Ferrari 488 GTB is worth, what to offer and when to walk away, with five years of costs at the distance you drive.
The evidence on this model is thin and the report says so on its cover. Read a complete one on a real car first. Seventeen sections, no account, nothing to pay.
One line of email when this desk publishes a call on a Ferrari 488 GTB, or records a new Australian sale of one. Nothing else, no schedule, and on a quiet model you may hear nothing for months, which is itself worth knowing about a car you are chasing.