Ferrari 488 value and depreciation
Known for turbocharged successor to the 458.
Depreciation curve
We class the Ferrari 488 as a luxury flagship & exotic in our 12-tier model, which puts its retention at roughly 52% after three years and 35% 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 |
|---|---|
| 1 year | 75% |
| 3 years | 52% |
| 5 years | 35% |
| 7 years | 24% |
| 10 years | 13% |
Estimates for a new purchase at list price; retail basis, trade-in ≈ 12% under retail.
Ferrari's first turbocharged mid-engine V8 of the modern era reached South Africa in 2016 as the 488 GTB and Spider. It sold in reasonable numbers for an exotic and is a common sight on the local used supercar market. Values are softer than the 458 because it lacks the naturally aspirated engine.
488 against its rivals
Ferrari 488: common questions
Does the Ferrari 488 hold its value?
We class the Ferrari 488 as a luxury flagship & exotic in our 12-tier model, which puts its retention at roughly 52% after three years and 35% 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.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.