Exotic Buyer's Guide
Ferrari 488
2015–2020
Market Value
$200,000–$280,000
Engine
3.9L Twin-Turbo V8
Horsepower
660 hp
5-Yr Depreciation
20% (appreciating)
CarGence Take
The 488 is the last Ferrari with a naturally aspirated feel (it's actually turbo, but brilliantly tuned). Prices are climbing.
Known Issues & Cost Exposure
Sticky button syndrome ($2–4K)
Exhaust valve actuator ($3–6K)
Air conditioning failure in hot climates
Annual Maintenance Cost
$8,000–$20,000
Estimated annual maintenance range (not including unexpected repairs or tires)
Sweet Spot
2017–2019 488 GTB or Spider — post first-year, pre-Pista premium
Buy Timing
Buy now — appreciation trend accelerating as last NA V8 mid-engine car
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