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3.8/5· Ferrari

Ferrari 488 GTB (2016 onwards)

2016 – onwards· 5 owner Q&As

Petrol2 Door
Motoring.Today Verdict
7.6/10

Very good

The Ferrari 488 GTB is a modern marvel that marries retro charm with cutting-edge electric performance. This iconic supercar, reborn in the electric age, promises to deliver the thrill of the open road while being kinder to your wallet and the planet. Buckle up as we dive into the electrifying world of the 488 GTB!

At a glance

660

hp · Power

3s

0–60 mph

£

Running costs

From £3262/mo

Typical finance

Motoring.Today. verdict

Best for

  • Exhilarating performance and handling
  • Stunning design and craftsmanship
  • Advanced technology and features
  • Strong brand heritage and prestige

Consider alternatives if

  • High running costs
  • Limited practicality for daily use
  • Depreciation concerns
  • Fuel consumption may be high for some drivers

Finance snapshot

Typical monthly payment

£3262/month

Based on PCP · 48 months · £19,500 deposit

Best suited for

  • Company Car Drivers
  • Petrol/Diesel Buyers
  • High Mileage Drivers
  • Families

Affordability

Premium

Above average monthly commitment.

Ratings breakdown

performance48/10
practicality30/10
running costs25/10
behind the wheel46/10
comfort38/10
equipment42/10
green credentials20/10
handling47/10
reliability40/10
safety41/10

Theo's AI summary

The Ferrari 488 GTB is a remarkable supercar that combines breathtaking performance with luxurious comfort and cutting-edge technology. It is an excellent choice for enthusiasts seeking an exhilarating driving experience, whether on the road or the track. With its stunning design and advanced engineering, the 488 GTB is a worthy investment for those who appreciate the finer things in life. As the automotive world evolves, this model stands as a bridge to the future, paving the way for the anticipated retro icon reborn in electric form, making it a must-consider for discerning buyers.

Best match for

  • Performance enthusiasts
  • Practical families
  • Budget-conscious buyers

Estimated ownership costs

Based on 10,000 miles per year

Fuel

£130/month

Insurance

£100/month

Road Tax

£50061/month

Servicing

£60/month

Estimated total

£50351/month

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The Ferrari 488 GTB, launched in 2016, epitomises the essence of Italian engineering, delivering an exhilarating driving experience that is both thrilling and precise. With its mid-engine layout and advanced aerodynamics, the 488 GTB offers a driving character that is responsive

External voices

What the experts say

Parkers

The Ferrari 488 GTB is lauded for its breathtaking performance, sharp handling, and stunning design. Owners appreciate the exhilarating driving experience and the luxurious interior. However, some criticisms include limited practicality and high running costs, which may deter everyday use.

Read full review
Autocar

The 488 GTB impresses with its striking aesthetics and aerodynamic prowess. Reviewers highlight the car's aggressive stance and elegant lines, making it a true head-turner. However, some feel the interior could be more user-friendly, with controls that may take time to master.

Read full review
WhatCar

The 488 GTB is generally reliable for a supercar, with few reported issues. Owners note that regular maintenance is crucial to keep it in top condition. However, potential buyers should be aware of the high costs associated with servicing and parts.

Ownership intelligence

The real cost of owning one

Finance & affordability

Financing options for the Ferrari 488 GTB are available through various channels, including traditional loans and leasing arrangements. Potential buyers should explore different financing methods to find the best fit for their budget and lifestyle, ensuring that they can enjoy the thrill of owning a Ferrari without compromising their financial stability.

Day-to-day running costs

Running Costs for the Ferrari 488 GTB can be significant, as expected from a high-performance supercar. Owners should consider factors such as insurance, maintenance, and depreciation, which can all impact the overall cost of ownership. However, the 488 GTB's reliability and build quality may help mitigate some of these expenses over time.

Charging & fuel

Fuel consumption for the Ferrari 488 GTB is relatively efficient for a supercar, thanks to its turbocharged engine. However, owners should be prepared for the costs associated with high-performance fuel, which can add up over time. As the automotive landscape shifts towards electric vehicles, the transition to a retro icon reborn in electric form may offer a more economical solution for future owners.

Heritage

Milestones & history

  1. 2016

    Launch of the Ferrari 488 GTB

  2. 2019

    Introduction of the Ferrari F8 Tributo, a successor to the 488 GTB

  3. 2023

    Anticipation builds for the retro icon reborn in electric form

Read full launch story

The Ferrari 488 GTB was designed to deliver an unparalleled driving experience, combining performance, luxury, and cutting-edge technology. It aims to set new standards in the supercar segment while honouring Ferrari's rich heritage. Since its launch, the 488 GTB has evolved through various iterations, including the F8 Tributo, showcasing Ferrari's commitment to innovation and performance. The shift towards electrification represents the next chapter in Ferrari's storied history, with the upcoming retro icon reborn in electric form promising to blend classic design with modern advancements.

Compare with alternatives

The Ferrari 488 GTB (2016 onwards) stands out in the supercar segment for its exceptional performance and design, competing closely with rivals like the Porsche 911, McLaren 570S, and Aston Martin Vantage.

Porsche 911 Carrera

Reference only

Iconic sports car known for its performance and everyday usability.

vs features
The 911 Carrera offers a more balanced driving experience with a rear-engine layout, advanced tech features, and a high-quality cabin, but lacks the raw power and exotic appeal of the Ferrari 488.
vs price
Typically, the 911 Carrera is less expensive than the Ferrari 488, making it a more accessible option for sports car enthusiasts.
No Motoring.Today review

McLaren 570S

Reference only

Entry-level supercar that emphasizes lightweight performance and driving dynamics.

vs features
The 570S is lighter and offers a more engaging driving experience, but the Ferrari 488 has a more luxurious interior and a more powerful engine.
vs price
The McLaren 570S is usually less expensive than the Ferrari 488, appealing to those looking for a supercar experience at a lower price point.
No Motoring.Today review

Aston Martin Vantage

Reference only

Luxury sports car that combines performance with British elegance and style.

vs features
The Vantage offers a more refined and luxurious cabin experience, but it doesn't match the Ferrari 488's performance and acceleration capabilities.
vs price
The Aston Martin Vantage is generally priced similarly to the Ferrari 488, but can sometimes be found at a lower price depending on the model year and options.
No Motoring.Today review

Available now

Ferrari 488 GTB (2016 onwards) for sale on Motoring.Today

Specs by trim

2dr 2d AutoPetrol Automatic · 2015–2019
Power
660 bhp
0–60 mph
3 s
Top speed
205 mph
Torque
760 Nm
CO₂
260 g/km
Road tax
£600 - £735
New price
£195,418

FAQs

What is the engine type of the Ferrari 488 GTB?
The Ferrari 488 GTB is powered by a twin-turbo V8 engine, delivering exceptional supercar performance and thrilling driving experiences.
How does the Ferrari 488 GTB compare in fuel efficiency?
While the Ferrari 488 GTB offers decent fuel economy for a luxury sports car, it is not as efficient as some competitors, requiring high-octane fuel.
What advanced technology features does the 488 GTB include?
The Ferrari 488 GTB boasts advanced technology such as adaptive cruise control and driver assistance systems, enhancing both performance and comfort.
Is the Ferrari 488 GTB suitable for everyday use?
The Ferrari 488 GTB is a high-performance supercar with limited practicality for daily driving, making it more suited for enthusiasts and collectors.
What makes the Ferrari 488 GTB a retro icon reborn?
The Ferrari 488 GTB combines the brand's rich heritage with modern technology, creating a retro icon reborn that appeals to both traditionalists and new enthusiasts.

Ferrari 488 GTB (2016 onwards) (2016–onwards)

From £3262/month