Ferrari 296 value and depreciation
Known for v6 plug-in hybrid supercar.
Projected value of a new Ferrari 296
We class the Ferrari 296 as a luxury flagship & exotic in our 12-tier model, which puts its retention at roughly 48% after three years and 31% after five. Flagship saloons and exotics shed value brutally once the first owner is done. Some halo cars (911, certain AMG and M cars) beat this curve and carry per-model overrides.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 72% | R 4 910 808 | R 4 321 511 |
| 3 years | 48% | R 3 289 958 | R 2 895 163 |
| 5 years | 31% | R 2 139 397 | R 1 882 669 |
| 7 years | 20% | R 1 370 334 | R 1 205 894 |
| 10 years | 10% | R 686 721 | R 604 314 |
Estimates for a new purchase at R 6 804 500; retail basis, trade-in ≈ 12% under retail.
Ferrari's V6 plug-in hybrid took over the mid-engine slot in South Africa from 2022 as the 296 GTB and GTS. Listed locally from around R6.8 million before options, it is the current core of the Scuderia South Africa order book. Demand has stayed ahead of the small local allocation.
What used 296 years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
296 against its rivals
Ferrari 296: common questions
What is a Ferrari 296 worth after 3 years?
A Ferrari 296 bought new today for R 6 804 500 is projected to be worth about R 3 289 958 after three years, which is 48% of its price. A dealer trade-in offer would sit closer to R 2 895 163.
Does the Ferrari 296 hold its value?
We class the Ferrari 296 as a luxury flagship & exotic in our 12-tier model, which puts its retention at roughly 48% after three years and 31% after five. Flagship saloons and exotics shed value brutally once the first owner is done. Some halo cars (911, certain AMG and M cars) beat this curve and carry per-model overrides.
What does a used Ferrari 296 cost?
As a guide: a 2024 model is worth about R 3 611 326 retail today, while a 2022 model sits around R 2 141 563. Condition, mileage and spec move real prices by 10% or more either way.
What would a Ferrari 296 cost per month?
Financing a new Ferrari 296 at R 6 804 500 over 72 months at 11.75% with a 10% deposit comes to roughly R 118 932 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.