what it costs new, what it’s worth used, and who has one near you.
The 2016 Ferrari 488 is a vehicle we track across the used market in Canada. A 3-year-old one keeps roughly 100% of a current model's market price — what actually matters over five years of ownership.
The view no marketplace shows you
Typical payment
$5,808/mo
Typical asking price
$329,900
Median market price by vehicle age
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Fuel economy & range: Natural Resources Canada (Open Government Licence — Canada). Safety recalls & owner-reported complaints: US National Highway Traffic Safety Administration (public domain); complaint shares are a relative signal, not a failure rate. Prices, payments, depreciation, listing counts and dealer inventory: Conquest market data; payment estimates use market-average terms and are not an offer of credit. Independent service — not affiliated with or endorsed by Ferrari.