2016 Ferrari 488

3.9 T V8 Spider DCT RWD Euro 6 (s/s) 2dr F1 (660 bhp)

£182,995

Fair price: within 8% of the typical £183,758 for this model, age and mileage, drawing on 76 adverts of this make and model.

Overview

Make
Ferrari
Model
488
Trim
SPIDER
Version
3.9 T V8 Spider DCT RWD Euro 6 (s/s) 2dr F1 (660 bhp)
Mileage
18,381 miles
Year
2016
Fuel type
Petrol
Body type
Convertible
Engine
3.9 L
Gearbox
Automatic
Power
660 bhp
Seats
2
CO2
260 g/km
Colour
Black
Doors
2
Driven wheels
Rear Wheel Drive
Gearbox version
DCT
Engine badge
T V8
Emissions standard
Euro 6

About this car

This 2016 Ferrari 488 Spider has covered 18,381 miles. Its asking price of £182,995 is £763 below our estimate of £183,758. To estimate its market asking price, we analyse UK dealer adverts for 76 Ferrari 488 cars across different ages and specifications. Since we first spotted the advert 64 days ago, the asking price has dropped by £4,000. The time on sale and price change could be useful context when negotiating. Its recorded MOT is valid until 22 August 2027, and its advertised mileage is consistent with the latest MOT reading. It is for sale at BAM Specialist Cars in Chesterfield.

Stock data from 21 October 2026.

How we estimate prices and check cars

Price history

First seen on 19 August 2026, 64 days ago. Advert duration calculated on 22 October 2026. Net asking-price reduction: £4,000 from the first recorded £186,995. 1 price reduction recorded, the latest observed on 15 October 2026.

Recorded asking prices
Date observedAsking price
19 August 2026£186,995
15 October 2026£182,995
21 October 2026£182,995

Price and mileage comparison

Estimated market asking price: £183,758. The asking price is £763 below this estimate.

The estimate uses UK dealer asking prices, accounting for make, model, trim, version, age, mileage, fuel, gearbox, body type, driven wheels, engine size and power. It estimates an advertised price, not a confirmed sale price.

The pricing calculation includes 76 adverts of this make and model across different ages and specifications.

Advertised mileage is approximately 1,300 miles lower than typical for a 2016 Ferrari 488.

The advertised mileage is consistent with the last MOT reading.

MOT

MOT valid until 22 August 2027. 18,005 miles at the last test.

7 other cars with the same year, trim, gearbox and fuel are for sale from £169,500 to £229,995.

Other matching cars (up to five, cheapest first)
Asking priceMileage
£169,5009,400 miles
£184,99022,791 miles
£184,99923,242 miles
£189,00026,979 miles
£189,00027,056 miles

These cars have covered 4,900–27,056 miles, compared with 18,381 miles for this car.

Matching year, trim, gearbox and fuel does not mean matching mileage or every specification. Our estimate adjusts for these differences using the wider market data.

Browse all Ferrari 488 cars for sale · 2016 Ferrari 488 price guide

How to contact the dealer, its opening hours and the cheaper cars like this one are on this AskCar page.

Vehicle photos