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3.8/5· Ferrari

Ferrari 488 Spider (2016 - 2019)

2016 – 2019· 5 owner Q&As

Petrol2 Door
Motoring.Today Verdict
7.6/10

Very good

The Ferrari 488 Spider is a stunning blend of retro charm and modern electric performance, making it a must-see for budget-conscious commuters who crave a taste of luxury without breaking the bank. With its sleek lines and eco-friendly credentials, this supercar is not just a feast for the eyes but also a nod to a greener future.

At a glance

660

hp · Power

3s

0–60 mph

£

Running costs

From £3626/mo

Typical finance

Motoring.Today. verdict

Best for

  • Exhilarating performance
  • Iconic design and heritage
  • Advanced technology and features

Consider alternatives if

  • High running costs
  • Limited practicality for everyday use
  • Steep insurance premiums

Finance snapshot

Typical monthly payment

£3626/month

Based on PCP · 48 months · £21,700 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
safety45/10

Theo's AI summary

The Ferrari 488 Spider is a remarkable blend of performance, luxury, and iconic design. It offers an exhilarating driving experience that few cars can match, making it a top choice for those seeking a supercar that embodies the spirit of Ferrari. With its stunning aesthetics and advanced technology, the 488 Spider is not just a car; it is a statement. For buyers looking for a thrilling ride that also hints at the future of Ferrari with its retro icon reborn electric naturally ethos, the 488 Spider is highly recommended.

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 Spider (2016 - 2019) offers an exhilarating driving experience that is quintessentially Ferrari. With its mid-engine layout and a powerful twin-turbocharged V8 engine, the 488 Spider delivers a thrilling performance that is both responsive and engaging. The sound

External voices

What the experts say

Parkers

The Ferrari 488 Spider is lauded for its breathtaking performance, stunning design, and exhilarating driving experience. Owners appreciate the powerful V8 engine and the engaging handling. However, some criticisms include limited storage space and high running costs, which may deter practical buyers.

Read full review
Autocar

The 488 Spider impresses with its striking aesthetics and aerodynamic design, which enhance both performance and visual appeal. Reviewers highlight the retractable hardtop as a significant advantage, allowing for an open-air experience without compromising structural integrity. Some note that the interior could feel less luxurious compared to rivals.

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WhatCar

The 488 Spider is generally reliable for a supercar, with few reported issues. Owners have noted that regular maintenance is crucial to ensure longevity and performance. 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 Spider vary, with many buyers opting for leasing or traditional loans. Given the car's high value, potential owners should explore various financing avenues to find the best fit for their financial situation. Additionally, the car's resale value tends to hold up well, making it a potentially sound investment for enthusiasts.

Day-to-day running costs

Owning a Ferrari 488 Spider comes with its share of running costs, which can be significant. Regular maintenance is essential to keep the car in peak condition, and while Ferrari offers a comprehensive service plan, owners should budget for routine checks and potential repairs. Insurance premiums are also higher than average due to the car's performance capabilities and luxury status. However, many owners find the experience of driving a Ferrari to be worth the investment.

Charging & fuel

The Ferrari 488 Spider runs on petrol, and its fuel consumption is relatively efficient for a supercar, though it still requires a substantial budget for fuel. Owners should expect to fill up frequently, especially if they enjoy spirited driving. As the automotive landscape shifts towards electric vehicles, the 488 Spider serves as a bridge to the future, hinting at Ferrari's plans for hybrid and electric models.

Heritage

Milestones & history

  1. 2016

    Launch of the Ferrari 488 Spider

  2. 2019

    End of production for the 488 Spider

Read full launch story

The Ferrari 488 Spider was designed to offer an exhilarating open-top driving experience while maintaining the performance and luxury expected from the Ferrari brand. The 488 Spider evolved from its predecessor, the 458 Spider, incorporating advanced turbocharged technology and improved aerodynamics, setting a new standard for supercars.

Compare with alternatives

The Ferrari 488 Spider (2016 - 2019) stands out in the luxury sports car segment for its exceptional performance and design, competing closely with rivals like the Porsche 911, McLaren 570S, and Aston Martin Vantage.

Porsche 911 Carrera Cabriolet

Reference only

The Porsche 911 is a luxury sports car known for its iconic design, performance, and everyday usability.

vs features
The 911 Carrera Cabriolet offers a more refined driving experience with a focus on balance and precision. It features high-quality materials in the cabin, advanced infotainment systems, and a comfortable ride, though it may lack the raw power and aggressive styling of the Ferrari 488.
vs price
Typically, the 911 Carrera Cabriolet is priced slightly lower than the Ferrari 488, making it a more accessible option for luxury sports car buyers.
No Motoring.Today review

McLaren 570S Spider

Reference only

The McLaren 570S Spider is positioned as a supercar that offers a blend of performance and luxury, appealing to enthusiasts looking for a thrilling driving experience.

vs features
The 570S Spider features a lightweight construction and a powerful twin-turbo V8 engine, providing exhilarating performance. Its cabin is driver-focused with high-quality materials, though it may not have the same level of luxury as the Ferrari 488.
vs price
The McLaren 570S Spider is generally priced lower than the Ferrari 488, making it an attractive option for buyers seeking supercar performance at a slightly reduced cost.
No Motoring.Today review

Aston Martin Vantage Roadster

Reference only

The Aston Martin Vantage Roadster is a luxury sports car that emphasizes style and exclusivity, appealing to buyers looking for a unique driving experience.

vs features
The Vantage Roadster offers a luxurious interior with high-quality materials and a focus on comfort. While it provides a thrilling driving experience, it may not match the raw performance and track-focused capabilities of the Ferrari 488.
vs price
The Vantage Roadster is typically priced similarly to the Ferrari 488, though it can sometimes be found at a lower price point depending on the options and market conditions.
No Motoring.Today review

Available now

Ferrari 488 Spider (2016 - 2019) for sale on Motoring.Today

Specs by trim

auto 2dPetrol Automatic · 2016–2019
Power
660 bhp
0–60 mph
3 s
Top speed
203 mph
Torque
760 Nm
CO₂
260 g/km
Road tax
£600 - £735
New price
£217,274

FAQs

What is the Ferrari 488 Spider known for?
The Ferrari 488 Spider is renowned for its stunning design, exhilarating performance from its twin-turbo V8 engine, and the thrilling open-top driving experience it offers.
When was the Ferrari 488 Spider launched?
The Ferrari 488 Spider was launched in 2016, marking a significant evolution in Ferrari's approach to performance and luxury sports cars.
What are the running costs of owning a Ferrari 488 Spider?
Running costs for the Ferrari 488 Spider can be high, with monthly PCP payments around £2,200 and steep insurance premiums, making it less practical for everyday use.
How does the Ferrari 488 Spider perform on the motorway?
On the motorway, the Ferrari 488 Spider excels with its powerful engine, comfortable cruising capabilities, and adaptive cruise control, making long journeys enjoyable.
What is the significance of the Ferrari 488 Spider in the brand's history?
The Ferrari 488 Spider represents a blend of Ferrari heritage and modern innovation, being the first to feature a turbocharged V8 engine and paving the way for future electric models.

Ferrari 488 Spider (2016 - 2019) (2016–2019)

From £3626/month