Used (2016) Ferrari 488 670 HP | Good price
-Convertible Spider 2dr Auto
- 2016
- 8,425 miles
- 3.9L Petrol
- Cabriolet
- Automatic
- 670 HP (492 kW)
- mpg: 11.3
- CO2: 260 g CO2/km comb.
- Details
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Price checked by AutoUncle
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Fair price
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Used Ferrari 488
Factors that affect the depreciation of a Ferrari 488:
- Mileage driven
- Maintenance
- Service history
Depreciation is an important part of calculating the total cost of owning a Ferrari 488. In addition to the monthly depreciation of £85, you should also factor in fuel costs, road tax, insurance and maintenance (including tyres and car washes) to get the full monthly cost.
Model year | Price range* | Avg. Price | Median Mileage | Depreciation | Cars for sale |
|---|---|---|---|---|---|
2019 Ferrari 488 | £164,995 - £269,989 | £186,819 | 18,000 miles | - | < 10 |
2018 Ferrari 488 | £149,995 - £184,990 | £170,343 | 9,500 miles | +£13,560 | 10 |
2017 Ferrari 488 | £137,950 - £179,995 | £156,262 | 13,200 miles | -£1,020 | 14 |
2016 Ferrari 488 | £139,995 - £174,995 | £152,663 | 8,400 miles | - | < 10 |
*The 'Price range' column shows the prices at the 5th and 95th percentiles of cars in the current market
The data is based on the cars currently listed on AutoUncle
Last updated: 19 February 2026
No market data available
Month | Average market price | Lowest market price | Highest market price | Calculation method |
|---|---|---|---|---|
| 2025 - February | £153,780 | £144,120 | £163,440 | Estimate |
| 2025 - March | £154,680↗ | £145,120 | £164,240 | Estimate |
| 2025 - April | £154,600↘ | £146,420 | £162,800 | Estimate |
| 2025 - May | £156,900↗ | £150,360 | £163,420 | Estimate |
| 2025 - June | £156,440↘ | £148,560 | £164,340 | Estimate |
| 2025 - July | £156,520↗ | £149,040 | £164,020 | Estimate |
| 2025 - August | £155,540↘ | £148,240 | £162,820 | Estimate |
| 2025 - September | £154,760↘ | £146,440 | £163,060 | Estimate |
| 2025 - October | £154,620↘ | £146,940 | £162,280 | Estimate |
| 2025 - November | £153,200↘ | £144,540 | £161,860 | Estimate |
| 2025 - December | £155,620↗ | £145,940 | £165,280 | Estimate |
| 2026 - January | £152,760↘ | £143,600 | £161,920 | Estimate |
| 2026 - March | £151,640↘ | - | - | Forecast |
| 2026 - April | £151,100↘ | - | - | Forecast |
| 2026 - May | £150,540↘ | - | - | Forecast |
| 2026 - June | £149,980↘ | - | - | Forecast |
| 2026 - July | £149,420↘ | - | - | Forecast |
All estimates and forecasts are based on actual market data
Last updated: 19 February 2026
Average Monthly Depreciation
A summary of the past 12 and an estimation of the next 6 months.
Past 12 months
-£1,020
Next 6 months
-£3,340
Price checked by AutoUncle
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A bit pricey
Expensive
Are you considering buying a used sports car? The Ferrari 488 is a great pick. AutoUncle showcases a total of 69 cars sourced from various dealership websites and online marketplaces.
A used Ferrari 488 costs between £134,950 for the cheapest variant and £334,995 for the most expensive model.
The used car price of an Ferrari 488 is determined by a number of factors, the most important of which are the year of manufacturing, engine size and performance, the car's fuel efficiency, how many miles the car has travelled along with the equipment level of the car.
For instance, a more recent model with limited mileage, or a premium variant featuring a powerful engine, typically commands a higher price than, for example, an older car without special equipment and with many kilometres behind it.
.
Petrol is the foremost fuel option for the Ferrari 488.
When contemplating fuel type choices, reflecting on your driving habits is important. Are you more often driving in urban areas or on expansive roads and motorways? How many miles do you usually drive each week?
If your trips are mostly short, electric, plug-in hybrid or petrol may make the most sense. For daily long-distance driving, the electric car is often ideal - especially with a charger at home or at work. If you have a daily commute over longer distances, a modern electric car can be a great choice - especially if you have access to charging at home or at work. For very long daily driving without charging options, a diesel car can still be relevant. Keep in mind that diesel engines with high emissions have been banned from entering cities in a range of countries.
The Ferrari 488 is available in both coupe and cabriolet body styles, with the coupe being the more popular choice. Style and sporty driving take centre stage in a coupe, and this body type tends to have a tighter and stronger chassis than, for example, a sedan or an SUV. The model is best suited for people without children and others who travel light. It is usually more expensive than equivalent sedan or hatchback sister models.
Several vehicles that are similar to the Ferrari 488 are available.
Alternative cars to the Ferrari 488
The BMW 420 is a great alternative to the Ferrari 488. Currently there are 1,733 BMW 420 for sale in the UK with an average sales price of £17,750.
The Audi TT is another popular car in the segment with a selection of 1,042 vehicles currently for sale with an average price of £13,990. Ranked third, the Mazda MX5 is also a good alternative to the Ferrari 488, and you'll find 689 used Mazda MX5 cars for an average price of £14,695 on AutoUncle.
If you're in the market for an electric vehicle within the same car segment as the Ferrari 488, here are some few suggestions:
Haven't spotted the perfect electric car yet? Review our entire selection of electric cars here.