What is a 2023 Ferrari 296 worth?
Our estimate for a 3-year-old Ferrari 296 in average condition with typical mileage, on 2026 market pricing.
The 2023 296 on its value curve
The marker shows where a 2023 model sits today: 3 years in, 52% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 19% a year.
If you buy it now
| Fair buy price (retail) | R 2 801 773 |
| Worth in 1 year | R 2 259 350 |
| Worth in 3 years | R 1 469 212 |
| 3-year cost of ownership (depreciation) | R 1 332 561 |
| ±Monthly financed | R 48 970/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2024 | R 3 611 326 | — | See value → |
| 2023 (this page) | R 2 801 773 | +R 809 553 to newest | |
| 2022 | R 2 141 563 | +R 1 469 763 to newest | See value → |
2023 Ferrari 296: common questions
What is a 2023 Ferrari 296 worth in South Africa?
Around R 2 801 773 as a retail asking price, with clean low-mileage examples reaching R 3 053 933 and higher-mileage cars closer to R 2 549 613. A dealer trade-in offer would sit near R 2 465 560.
Is a 2023 Ferrari 296 a good buy now?
It has already absorbed 52% of its new-car depreciation. If you buy at R 2 801 773 and keep it three years, expect it to shed roughly R 1 332 561 more. As a luxury flagship & exotic model, its steepest losses are behind it, which is exactly when this kind of car makes the most financial sense used.
What did a 2023 Ferrari 296 cost new?
About R 5 794 805 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 48% of that.
What would financing a 2023 Ferrari 296 cost monthly?
At R 2 801 773 over 72 months at 11.75% with 10% down, roughly R 48 970 per month before fees and insurance. Shorter terms suit used cars better; run your own numbers in the value calculator.
Keep going
Estimates modelled from list pricing and our SA depreciation tiers; condition, mileage, spec and region move real prices. Not a valuation or an offer.