Used Ferrari 488 for Sale nearSan Luis Obispo, CA

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 $414,720, and its lowest point over the past year was $260,121. 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 strong owner approval across the model years in the data. The all-generations owner rating is 5/5 across every model year in the data. 31.8% 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 review data points to strong satisfaction across the model years in the data. The 2018 model also carries that same top owner rating, reinforcing the positive ownership experience reflected in the data.

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

For used buyers, long-term ownership risk is best managed by focusing on condition, service history, and a careful pre-purchase inspection.

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

Across all model years, accident-free inventory is excellent at 92.5% — clean inventory, standard diligence applies.

What Ferrari 488 do most buyers choose?

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

Higher-volume years tend to draw more shopper attention because they give you more inventory to compare and more chances to find the right color, mileage, and equipment combination. They also often become the easiest years to shop because there are simply more examples on the market at once.

What is the Ferrari 488's resale value?

Prices in the table show a strong upward move, with the included model year rising sharply year over year. That kind of increase points to firm demand in the used market for this model. For shoppers, it means the best opportunities are more likely to come from comparing condition, mileage, and equipment closely rather than expecting broad price softness. The 2018 model years have held their value best, with prices flat to rising year-over-year.

Should I buy a used Ferrari 488 now?

Buy now if:

• Sweet-spot year: The 2018 model has the most listings at a current average price of $387,813.

If you're buying used today, the 2018 model year offers the best mix of value and availability.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.