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2016 Ferrari 488 GTB

2016 Ferrari 488 GTB

Coupe
RWD
Premium Gasoline
Horsepower
MPG Combined
18 mpg
MSRP
Torque
Reliability Score
100/ 100Excellent
Based on 1 NHTSA complaints

Should You Buy a 2016 Ferrari 488 GTB?

The 2016 Ferrari 488 GTB is a stunning example of Italian engineering, combining breathtaking performance with luxurious aesthetics. With a rear-wheel drive layout and a powerful 3.9L V8 engine producing 661 hp and 561 lb-ft of torque, this coupe delivers an exhilarating driving experience. The 7-speed automated manual transmission enhances its sporty character, allowing for rapid gear shifts that keep you engaged on the road. Despite its high-performance nature, the 488 GTB achieves a respectable 18 MPG combined, making it somewhat practical for a supercar. At an MSRP of $245,400, it positions itself as a premium option for enthusiasts seeking both speed and style.

In terms of reliability, the 488 GTB boasts a perfect NHTSA reliability score of 100/100, with no reported crash or fire incidents. The only complaint recorded pertains to the airbag system, which is common in many vehicles. This suggests that while the car is generally safe and reliable, potential buyers should ensure that all safety features are functioning properly before purchase. Overall, the 488 GTB is a compelling choice for those who desire a blend of performance, luxury, and reliability in a sports car.

Ideal For

The ideal buyer for the 2016 Ferrari 488 GTB is a discerning automotive enthusiast who values high-performance vehicles and is willing to invest in luxury and exclusivity.

Strengths

  • +Exceptional performance with 661 hp and 561 lb-ft of torque
  • +Stunning Italian design and craftsmanship
  • +Perfect reliability score of 100/100
  • +Engaging driving experience with a 7-speed automated manual transmission
  • +Respectable fuel efficiency for a supercar at 18 MPG combined

Weaknesses

  • -High MSRP of $245,400 may limit accessibility
  • -Limited seating capacity for only 2 passengers
  • -Premium fuel requirement can increase operating costs
  • -Stiff ride may not be suitable for everyday comfort
  • -Limited trunk space for luggage or storage

Known Issues (NHTSA Data)

No significant NHTSA complaints on record. The 2016 Ferrari 488 GTB has shown exemplary reliability with a perfect score, indicating that it is a well-engineered vehicle with minimal reported issues. Prospective buyers can feel confident in the car's performance and safety.

Top Complaint Areas
AIR BAGS100% of complaints

Performance

Horsepower
Torque
Engine
3.9 L
Cylinders
V8
Transmission
Automatic (AM7)
Drive Type
RWD

Efficiency

MPG Combined
18
Fuel Type
Premium Gasoline

Dimensions

Length
179.9 in
Width
76.8 in
Height
47.6 in
Wheelbase
104.3 in
Curb Weight
3,252 lbs
Ground Clearance

Capacity

Doors
Seating
Cargo
Max Cargo
Max Towing
Max Payload

ddpc Estimated Value

$105,785
$89,918 – $121,653
Depreciation Over Time
New
5yr
10yr
15yr
ddpc Estimate based on original MSRP, standard depreciation curves, vehicle class, and NHTSA reliability data. Not a substitute for professional appraisal. Actual value depends on condition, mileage, location, and market conditions.

Estimated Cost of Ownership

Estimated Annual Cost
$8,198
Per Mile
$0.68
5-Year Total
$180,605
Fuel
$2,333/yr
Maintenance
$600/yr
Insurance
$5,265/yr
Depreciation
$27,923/yr
Based on industry-standard estimates for this vehicle class. Fuel cost assumes 12,000 mi/yr at national average gas prices. Maintenance uses class-based intervals, not manufacturer-specific schedules. Actual costs vary by location, driving habits, and vehicle condition.

Available Trims (2)

488 GTB
SIDI; with Stop-Start option
RWD
488 GTB
SIDI
RWD

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