Including a 2017 Ferrari 488 Spider and a 2017 Ferrari 488 GTB, TrueCar has 21 used 2017 Ferrari 488 cars available for purchase nationwide. A used 2017 Ferrari 488 presently costs between $225,495 and $364,988, with 480 to 23,536 miles on the odometer. By entering your zip code, you may find used 2017 Ferrari 488 inventory at a TrueCar Certified Dealership nearby by viewing the closest matches.
In This Article...
A 2017 Ferrari 458 costs what?
The standard Italia model of the 458 costs $234,000; the Spider costs $257,000; and the Speciale model costs almost $300,000 in total.
What is the price of a 2017 Ferrari 488 GTB?
The cost of a 2017 Ferrari 488 varies depending on trim level, from $315,500 for the base Coupe 488 GTB to $453,970 for the top-of-the-line Convertible 488 Spider. The 2017 Ferrari 488 is available as a coupe and a convertible.
What does a used Ferrari cost?
There is one thing you should be aware of first if you are new to the world of antique Ferraris. There isn’t a low-cost version of any of these cars, according to GQ. Any vintage Ferrari can start in the six figures, even if you have your eye on a less than remarkable model. Even entry-level models have a price tag of $75,000 to $125,000.
One of these iconic Ferraris will be expensive to restore and maintain. Expect to spend $1,000 a year just on oil changes. The cost of an engine belt service ranges from $8,000 to $10,000. And even if you do manage to save a little money when buying a vintage Ferrari, be ready to shell out thousands of dollars for repairs and enhancements.
What does a basic Ferrari cost?
We’re not talking about the typical sports car production here; rather, we’re talking about a car company that can charge over $10,000 for a collector’s piece that looks just like the genuine thing and is meant to be displayed in your living room. Yes, Ferrari produces some of the most upscale custom and designer cars in the world. You can anticipate to pay a price that reflects the distinction attached to the name when searching to purchase one of these beauties. However, a few factors will have an impact on the typical cost of a Ferrari.
The cost of the most recent base Ferrari models ranges from the Portofino, which starts at $214,533, to the 812 Superfast, which starts at $315,000. Obviously, these numbers will increase based on the extra options that come with your new vehicle. The latest Ferrari model, the 488GTB, can accelerate from 0 to 60 mph in just 3 seconds (or even less with the 488 Pistalimited edition, which costs $350,000). A classic 2-seater with a base price of $256,550, the 488GTB can draw attention anywhere it roars its twin-turbo V-8 engine.
Which 2016 Ferrari is the least expensive?
The Ferrari 488 GTB’s “base price” (also known as the manufacturer’s suggested retail price, or MSRP) is $249,150, putting it in the same price range as the Lamborghini Huracan LP 610-4 or McLaren 650S.
What does a 2015 Ferrari 458 cost?
In spite of this, the Manufacturer’s Suggested Retail Price (MSRP) for a 2015 Ferrari 458 Italia starts at roughly $245,000, and the 458 Spider drop-top costs just under $270,000.
Which Ferrari is the cheapest?
The brand of supercars that is perhaps best known worldwide is Ferrari. This Italian carmaker has gained notoriety for its outstanding performance and domination in motorsports. In order to make their sports vehicles even more thrilling, Ferrari has started using turbocharging and electricity.
The Portofino is the least costly Ferrari currently on the market, yet no Ferrari can be classified as entry-level. The base price of this classy roadster is around $215,000 before options, and like any Ferrari, extras are available in abundance.
Most Expensive: The SF90 Stradale is a display of Ferrari’s performance prowess. Its hybridized twin-turbo V-8 produces close to 1,000 horsepower. The SF90 is considerably over $1 million in price, but you can’t just go into a dealer’s lot and purchase one. To add an SF90 to your collection of Prancing Horses, you must receive a personal invitation from Ferrari.
The most entertaining Ferrari to drive is impossible to choose, just as the preferred pizza variety. Nevertheless, we were in awe of the 812 Superfast. We won’t soon forget the 812 “Stoopidfast’s” V-12 song since emissions regulations cast doubt on the future of 12-cylinder engines.
As soon as a car is released, we want to test and rank as many of them as we can. We’ll rank new models as we periodically update our rankings and we might even change the scores for some models. Vehicles with insufficient testing data, however, are not scored.
How much is the monthly cost of a Ferrari?
Let’s start by discussing the unrealistic route. We’re looking at a 2019 Ferrari 812 Superfast, which costs $315,000 and has a top speed of 211 mph. Owning something like that will undoubtedly require money and good credit. Imagine buying a second house, but paying it off in less than eight years as opposed to 30. Your monthly payment will be $5,831 if we use a 60-month loan with a 4.21% APR as our benchmark. That’s a huge sum of money, and in this case, it’s unlikely that the Ferrari would be your first supercar.
Let’s now examine a more practical route to joining the Ferrari clan. You can get a 2012 Ferrari California Roadster for for under $100,000. Given that the majority of Ferrari customers drive their cars sensibly, the mileage can be under 15,000 at that price, which is half of what a 2018 model sells for.
With $0 down payment and a 4.21% APR for 60 months, the monthly payment for this automobile will be $1,851. That is a much more manageable number now. (Looking around for the best vehicle loan rates you can get is a good idea because the APR can significantly effect your monthly and total balance.) After around three years on the market, a new Ferrari will typically lose $100,000 of its value. Because of this, used Ferraris are extremely valuable. Although the cost has drastically decreased, the car is still a genuine Ferrari.
2007 Ferrari F430 is another automobile that costs little under $100,000. More of the well-known and adored Ferrari design may be seen in this. Although models with low mileage will cost a little extra, those with moderate mileage will only have about 25,000 miles. In addition to saving money, it’s wise to attempt to avoid borrowing more than $100,000 because many lenders won’t do so. There are 293 Ferraris on Autotrader that are priced under $100,000 at the time of this article, and reading through will turn up treasures for as little as $50,000. There are many options, therefore.
What Ferrari is the most expensive?
- Jo Schlesser raced a red 1963 Ferrari 250 GTO in 1960, which was auctioned for $52 million in 2013.
- With a sale price of $70.2 million, another Ferrari 250 GTO in silver blue was the most expensive automobile ever.
What is the cost of a Ferrari 488?
The 2019 Ferrari 488 GTB’s Manufacturer’s Suggested Retail Price (MSRP) has risen by $10,000 over the 2018 model to a cool $262,800. That’s before you factor in the $3,750 required destination fee, making the total before alternatives $266,550. The Spider costs $284,700 at launch, including shipping.
Who purchased the $70 million Ferrari?
You can get an idea of how much it actually costs to join this extravagant club by looking at some of the prior sales of GTOs during the past ten years. Chris Evans, a boisterous and animated British DJ and TV host, paid $17.7 million for a 250 GTO at RM Auctions in 2010.
One was purchased for $31.7 million by an unnamed buyer from a UK real estate agent in 2012. Craig McCaw, an American Telecoms typhoon, also bought one privately that year for $25 million to add to his collection of more than 400 vehicles. The following year, a GTO changed hands for a cool $52 million in another private transaction.
Then, in 2014, one of these incredibly sought-after vehicles was sold at auction by Bonhams for a second time, this time for $52 million. Three years later, former race car driver and antique car dealer Gregor Fisken paid $44 million to become a member of the exclusive GTO club.
If some of the aforementioned figures have you struggling for breath now, the events that occurred in 2018 will shock you even more. Because in same year a guy by the name of David MacNeil from Chicago, USA, the creator of the automobile accessory company WeatherTech, paid an eye-popping $70 million for a silver 1963 Ferrari 250 GTO (chassis number #4293GT). the most money ever spent on an automobile.
Let’s quickly review some of the items you could buy with $70 million (not including charity gifting or using the money to make the world a better place). You could purchase a 3,000-acre island in the South Pacific (close to Fiji) if you want some peace and quiet to unwind on and top off your tan. You could also purchase Richard Branson’s Caribbean Mansion on the gorgeous Necker Island if you’re interested in real estate. If you want to make some extra money, you can rent it out for $42,000 per night.
Or, if you’re a fan of football and would like to build your own stadium, you could design the seating yourself to ensure that you get the greatest seat in the house at every game. The immaculate 60ct Pink Star diamond, which comes from a South African mine, is also an option if you enjoy wearing jewelry. It would make a great addition to your home. You can also opt to direct and produce your own Hollywood hit if you enjoy watching movies. You could give yourself the lead role and the headlines, and you could even pick your co-star. What a wonderful idea that is!
In all honesty, it appears that the value of historic cars has increased significantly in the last few decades. First, there were significant increases in the 1980s, which were followed by significant decreases in the 1990s. A 250 GTO sold for only $2.7 million in 1994, and prices didn’t start to rise again until the late 1990s. They are still increasing today, and they are rising so quickly.
When will it end, is the obvious question. Or is it more conceivable that one of these expensive, rare Italian automobiles will soon be sold (Grimace) for $100 million?
What is it about this ancient, no-frills Italian race car that appeals to people so much?
Are Ferraris still worth anything?
Many individuals will first think of Ferrari when talking about their ideal automobiles. The renowned Italian supercar maker has a long history of producing some of the best high-performance automobiles ever made, and is considered to be the epitome of luxury, class, and sophistication. Are Ferraris a wise investment for people who can purchase them if they are wealthy enough to do so?
Ferraris depreciate in value, which means they are always losing value, just like all other automobiles. While this is true, supercars also tend to hold their value much better than regular cars. Given that they are a premium brand and produce far fewer vehicles than other manufacturers, Ferrari is a prime example of this. Ferraris are frequently seen in movies rather than on the road, therefore they will always be attractive investments that retain their worth well.
Considering how well-maintained Ferrari models are, purchasing a used Ferrari can be a wise choice. This would allow you to significantly reduce the cost of what will always be a very large outlay. Additionally, you would avoid taking the worst depreciation hit, which happens in the first year, meaning that you would lose less money by purchasing used.
Therefore, a Ferrari is a wiser investment than the majority of automobiles, but buying one does not just require a quick trip to the dealership. Purchasing a Ferrari is unlike purchasing any other vehicle since the Italian manufacturer actually has a significant influence over who purchases their vehicles – Ferrari chooses you, not the other way around.
Ferrari’s requirements include passing a thorough background check, not selling the vehicle during the first year or without notice, and refraining from making any alterations because the vehicles are flawless as-is. According to another rumor, collectors who own Lamborghinis are excluded from VIP lists for specially produced Ferrari vehicles (this is a result of an intense rivalry between the two).
A Ferrari can improve your life in numerous ways if you are successful in passing the tests and have the money to buy one. You will join a select group and draw attention wherever you go, but it’s crucial to be aware of the high maintenance costs associated with these luxury cars, which you will need to take into account as well.
Ferrari is the most sought motor brand, and it offers a driving experience that is unmatched by any other. Ferraris can be a fantastic investment for individuals who can afford them and are given the go-ahead by the company because they not only keep their value better than other supercars but also have the power to change your life.