2017 Ferrari 488 Reviews, Pricing & Specs

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$252,800 to $272,700

Original MSRP

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5.0

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The 488 marks a big step for Ferrari. The company’s “entry-level” midengine offerings date back to the Dino of the 1960s and have evolved continuously since, but this is the first to come with a turbocharged engine. During the ‘80s, Ferrari produced a few turbos like the 208 GTB/GTS Turbo, the F1, and the F40, but none of those were volume models. Introduced in 2015 to replace the 458 Italia, the 488 is an improvement over its predecessor in just about every measurable way. In addition to its more aggressive styling, it is available as either a GTB coupe or a Spider with a two-piece folding hardtop. Ferrari expects about half of the 488s sold in the U.S. to be Spiders. The GTB will start at about $250,000, while the Spider will set you back another 30 grand.

Just about any Ferrari is a masterpiece from top to bottom, but the most important part of the 488 is the engine. This unit is a 3.9-liter twin-turbo V8 that makes an incredible 660 hp and 560 lb-ft of torque. Even though it’s well down in displacement from the old 458, which was already a blisteringly quick and powerful car, the new engine makes 63 more horsepower and 162 more lb-ft, and it also reaches peak torque lower in the rev range.

The 488 GTB can get to 60 mph in 3 seconds and 124 mph in 8.3 seconds. Like any other screaming Ferrari, the V8-powered 488 sounds fantastic, although some might prefer the wail of the larger naturally aspirated 458’s engine, particularly at high revs. Spider models get a different, slightly louder exhaust system. Fuel economy isn’t a major concern for Ferrari buyers, but the 488 will do a fairly unimpressive 15 mpg city, 22 highway, and 18 combined. The only available gearbox is Ferrari’s fantastic 7-speed paddle-shifted dual-clutch automatic transmission. If you want a good old-fashioned open-gate manual, you’re a few years too late—Ferrari won’t even build one on special order anymore.

Like the 458 before it, the 488 has active aerodynamic features that keep it glued to the road or help it cut through the air, depending on the situation. Flaps at the rear adjust the diffuser in case more downforce is needed, and a small rear spoiler cuts drag or provides downforce at speed. As for its suspension, the 488 gets an enhanced version of the 458’s sideslip angle-control system, which works with the differential, stability control system, and active dampers to improve cornering. Any recent Ferrari buyer will also be familiar with the steering-wheel-mounted “manettino” thumb lever, which allows the driver to select from 5 different driving modes. Brakes are carbon-ceramic and derived from LaFerrari hypercar technology.

While the fixed-roof GTB has certain advantages over the Spider, like all closed cars do, the differences aren’t as pronounced in the 488. The Spider is a little over 100 pounds heavier than the GTB, but Ferrari claims an identical 0-to-60 time, a mere 0.4-second slower 0-to-124 time, and 95 percent of the rigidity of the GTB. The Spider also laps Ferrari’s Fiorano test circuit within a second of the fixed-roof car, and with its two-piece hardtop up (which raises or lowers at speeds up to 25 mph in less than 15 seconds), it looks nearly identical as well.

The 488’s cockpit is slightly different from the old 458’s, but it is still unmistakably Ferrari. As usual, most of the controls are on the steering wheel, from the engine Start button to the turn signals. The infotainment system features Apple CarPlay, and a racing telemetry system is available. Other options include various trim upgrades and a 12-speaker audio system with a 1,280-watt amp. Safety features aren’t much of a consideration in the world of Italian supercars, the 488 included, even if they have gotten more high-tech over the past 20 years.

The 488’s main competition includes the Lamborghini Huracán and the McLaren 650S, both of which are available in spider form. The Ferrari is the most powerful of the three, although it weighs a bit more than the 650S and is priced between the two. You can’t go wrong with any of the three, but only one comes with the prancing horse badge.

Published May 31, 2022 by Andrew Newton

User reviews for 2017 Ferrari 488

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User rating:
by Joe C
Feb 26, 2024
Nice car, but I am looking for a carborated 308 model. A fiberglass body would be a big find.Feb 26, 2024
by Anonymous
Jun 25, 2022
Great car Great price Loving the car Beautiful machine All want it, now I finally have it SUPER NICE LOOKING CARJun 25, 2022

2017 Ferrari 488 Pricing

Original MSRP
$252,800 to $272,700
Price range
$252,198 to $261,658
Average price on CG
$261,337
YoY price change
$261,658 to $261,337

Trims & specs

Air Conditioning

Automatic climate control front air conditioning · Dual front air conditioning zones

Airbags

Dual front airbags · Passenger airbag deactivation: deactivation switch · Front side airbags

Audio System

Antenna Type: element · Voice recognition audio system · Auxiliary audio input: jack · Hard Drive: 30GB · Single disc in-Dash CD · MP3 player: CD MP3 Playback · Premium Brand: JBL · AM/FM radio · Satellite Radio: SiriusXM · 1 subwoofer · Total Number of Speakers: 12 · Watts: 1280

Brakes

ABS: 4-wheel · Front brake diameter: 15.7 · Front brake width: 1.4 · Front brakes: carbon ceramic disc · Premium brakes: Brembo · Rear brake diameter: 14.2 · Rear brake width: 1.3 · Rear brakes: carbon ceramic disc

Comfort Features

Center console trim: leather · Dash trim: leather · Door sill trim: aluminum · Door trim: leather · Floor Mat Material: carpet · Floor Material: carpet · Floor Mats: front · Foot pedal trim: aluminum · Steering wheel trim: alloy

Convenience Features

Center console: front console with armrest and storage · Cupholders: front · Multi-function remote: keyless entry · One-touch windows: 2 · Power outlet(s): 12V front · Power steering: speed-proportional · Power windows: lockout button · Reading lights: front · Steering wheel: tilt and telescopic · Steering wheel mounted controls: paddle shifter · Storage: door pockets · Vanity mirrors: passenger

Driver Seat

Manual adjustments: 4

Drivetrain

Axle ratio: 5.14 · Limited slip differential: rear

Engine

Battery: maintenance-free

Exterior Features

Door handle color: body-color · Exhaust: dual exhaust tips · Exhaust tip color: stainless-steel · Front bumper color: body-color · Grille color: black · Mirror color: body-color · Rear bumper color: body-color · Rear spoiler: lip · Rear spoiler color: body-color · Window trim: black

Headrests

Front headrests: integrated · Number of front headrests: 2

In Car Entertainment

Infotainment: Apply CarPlay ready

Instrumentation

Fuel economy display: range · Instrument cluster screen size: 5 in. (dual) · Warnings and reminders: low fuel level

Lights

Daytime running lights: LED · Headlights: auto delay off · Tail and brake lights: LED

Mirrors

Exterior mirrors: power · Inside rearview mirror: manual day/night

Passenger Seat

Manual Adjustments: 4

Safety

Crumple zones: front · Impact sensor: fuel cut-off · Parking sensors: rear

Seatbelts

Emergency locking retractors: front · Front seatbelts: 3-point · Seatbelt force limiters: front · Seatbelt pretensioners: front · Seatbelt warning sensor: driver and passenger

Seats

Driver seat manual adjustments: reclining · Front seat type: sport bucket · Passenger seat manual adjustments: reclining · Upholstery: premium leather

Spare Tire

Kit: tire sealant

Suspension

Driver Adjustable Suspension: ride control · Front Spring Type: coil springs · Front Suspension Classification: independent · Front Suspension Type: strut · Front shock type: monotube · Rear Spring Type: coil springs · Rear Suspension Classification: independent · Rear Suspension Type: multi-link · Rear shock type: monotube · Stabilizer bar(s): front · Suspension control: magnetic

Telematics

Electronic messaging assistance: with read function · Navigation system: with voice recognition · Phone wireless data link: Bluetooth

Tires

Type: performance

Tires and Rims

Wheel type: aluminum alloy

Windows

Front wipers: rain sensing · Power windows: with safety reverse

Air Conditioning

Automatic climate control front air conditioning · Dual front air conditioning zones

Airbags

Dual front airbags · Passenger airbag deactivation: deactivation switch · Side airbags: front with head protection chambers

Audio System

Antenna Type: element · Voice recognition audio system · Bluetooth auxiliary audio input · Hard Drive: 30GB · Single disc in-Dash CD · MP3 player: CD MP3 Playback · Premium Brand: JBL · AM/FM radio · Satellite Radio: SiriusXM · 1 subwoofer · Total Number of Speakers: 12 · Watts: 1280

Brakes

ABS: 4-wheel · Front brake diameter: 15.7 · Front brake width: 1.4 · Front brakes: carbon ceramic disc · Premium brakes: Brembo · Rear brake diameter: 14.2 · Rear brake width: 1.3 · Rear brakes: carbon ceramic disc

Comfort Features

Center console trim: leather · Dash trim: leather · Door sill trim: aluminum · Door trim: leather · Floor Mat Material: carpet · Floor Material: carpet · Floor Mats: front · Foot pedal trim: aluminum · Steering wheel trim: leather

Convenience Features

Center console: front console with armrest and storage · Cupholders: front · Multi-function remote: keyless entry with panic alarm · One-touch windows: 2 · Power outlet(s): 12V front · Power steering: speed-proportional · Power windows: lockout button · Reading lights: front · Steering wheel: tilt and telescopic · Steering wheel mounted controls: phone · Storage: door pockets · Vanity mirrors: passenger

Driver Seat

Manual adjustments: 4

Drivetrain

Axle ratio: 5.14 · Limited slip differential: rear

Engine

Battery: maintenance-free

Exterior Features

Door handle color: body-color · Exhaust: dual exhaust tips · Exhaust tip color: stainless-steel · Front bumper color: body-color · Grille color: black · Mirror color: body-color · Rear bumper color: body-color · Rear spoiler: lip · Rear spoiler color: body-color · Window trim: black

Headrests

Front headrests: integrated · Number of front headrests: 2

In Car Entertainment

Infotainment: Apply CarPlay ready

Instrumentation

Fuel economy display: range · Instrument cluster screen size: 5 in. (dual) · Warnings and reminders: coolant temperature warning

Lights

Daytime running lights: LED · Headlights: Auto on/off · Tail and brake lights: LED

Mirrors

Exterior mirrors: power folding · Inside rearview mirror: manual day/night

Passenger Seat

Manual Adjustments: 4

Roof

Convertible rear window: glass · Convertible roof: with wind blocker

Safety

Crumple zones: front · Impact sensor: fuel cut-off · Parking sensors: rear

Seatbelts

Emergency locking retractors: front · Front seatbelts: 3-point · Seatbelt force limiters: front · Seatbelt pretensioners: front · Seatbelt warning sensor: driver and passenger

Seats

Driver seat manual adjustments: reclining · Front seat type: sport bucket · Passenger seat manual adjustments: reclining · Upholstery: premium leather

Spare Tire

Kit: inflator kit

Suspension

Driver Adjustable Suspension: ride control · Front Spring Type: coil springs · Front Suspension Classification: independent · Front Suspension Type: double wishbones · Front shock type: monotube · Rear Spring Type: coil springs · Rear Suspension Classification: independent · Rear Suspension Type: multi-link · Rear shock type: monotube · Stabilizer bar(s): front · Suspension control: magnetic

Telematics

Electronic messaging assistance: with read function · Navigation system: with voice recognition · Phone wireless data link: Bluetooth

Tires

Type: performance

Tires and Rims

Wheel type: aluminum alloy

Windows

Front wipers: variable intermittent · Power windows: with safety reverse

See all trims (2)