What is a 2024 Ferrari 296 worth?
Our estimate for a 2-year-old Ferrari 296 in average condition with typical mileage, on 2026 market pricing.
The 2024 296 on its value curve
The marker shows where a 2024 model sits today: 2 years in, 41% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 18% a year.
If you buy it now
| Fair buy price (retail) | R 3 611 326 |
| Worth in 1 year | R 2 955 870 |
| Worth in 3 years | R 1 922 146 |
| 3-year cost of ownership (depreciation) | R 1 689 180 |
| ±Monthly financed | R 63 120/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2025 | R 4 654 794 | — | See value → |
| 2024 (this page) | R 3 611 326 | +R 1 043 468 to newest | |
| 2023 | R 2 801 773 | +R 1 853 021 to newest | See value → |
2024 Ferrari 296: common questions
What is a 2024 Ferrari 296 worth in South Africa?
Around R 3 611 326 as a retail asking price, with clean low-mileage examples reaching R 3 936 345 and higher-mileage cars closer to R 3 286 307. A dealer trade-in offer would sit near R 3 177 967.
Is a 2024 Ferrari 296 a good buy now?
It has already absorbed 41% of its new-car depreciation. If you buy at R 3 611 326 and keep it three years, expect it to shed roughly R 1 689 180 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 2024 Ferrari 296 cost new?
About R 6 113 519 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 59% of that.
What would financing a 2024 Ferrari 296 cost monthly?
At R 3 611 326 over 72 months at 11.75% with 10% down, roughly R 63 120 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.