Used Ferrari 488 for Sale nearHot Springs National Park, AR

How much does the Ferrari 488 cost in today's market?

Used Ferrari 488 prices span a wide range depending on model year. Here's what the market looks like right now:

The Ferrari 488's current nationwide average price is $419,819, and its year-round low is $260,373.91. That gives you a sense of where the model sits today across the full market for this vehicle. Recently, prices have held firm or risen year-over-year across the most recent model years.

Is the Ferrari 488 a good car?

Yes — the Ferrari 488 earns a strong all-generations owner rating, and the model-year data points to consistently high satisfaction.

The all-generations owner rating is 5/5 across every model year in the data.

25.6% of listings are priced as good or great deals.

Are Ferrari 488 models reliable?

Owners consistently rate the Ferrari 488 very highly, and the available year-specific review data reinforces that strong ownership experience. The expert and owner feedback in the data points to a model that inspires confidence among used buyers.

• Owners rate the Ferrari 488 5.0 out of 5 stars across all model years in the data.

For used buyers planning long-term ownership, the main risk is the usual one for a high-end performance car: you should budget carefully and review each car's history and condition closely.

What should I look for when buying a used Ferrari 488?

Across all model years, accident-free inventory is excellent at 91.8% — clean inventory, standard diligence applies.

What Ferrari 488 do most buyers choose?

The Ferrari 488 years with the most listings are 2018, 2019, and 2017.

Higher-volume years usually give you more choices on color, mileage, and condition, which makes it easier to compare listings side by side. They also tend to be the years shoppers cross-shop most often when looking for the best mix of availability and price.

What is the Ferrari 488's resale value?

The table shows strong year-over-year price growth for both model years. That means used values have moved up sharply rather than easing down. For shoppers, that can make these model years feel especially desirable if you want a car that has remained in high demand.

The 2018 and 2017 model years have held their value best, with prices flat to rising year-over-year.

Should I buy a used Ferrari 488 now or wait for the next model?

Buy now if:

• Sweet-spot year: The 2018 model has the most listings at a current average price of $388,913.

If you're buying used today, the 2018 model year offers the best mix of value and availability. If you want the newest version, it may be worth waiting for 2024 inventory to mature.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.