As of July 2026, CarSearch.Pro's True Value model estimates a typical Ferrari 488 is actually worth $293,200 (fair range $258,000 to $386,400). Unlike the median asking price shown above, True Value is anchored to 163 recent confirmed sales, normalized for mileage, and blends auction hammer prices (grossed up for buyer's premium) with real-world asking behavior.
Sellers are currently asking a median of $310,000 — about 6% above what these cars have actually been selling for. That gap favors patient buyers: negotiate from the sold data, not the ask.
As of July 2026, the Ferrari 488 market has 554 active listings across 14 marketplaces tracked by CarSearch.Pro. The median asking price is $309,999, with the middle 50% of listings priced between $279,990 and $389,900. Ferrari 488 prices have increased 7.6% over the past quarter, from a median sale price of $475,000 to $511,000.
The typical Ferrari 488 on the market has 9,532 miles. Listings spend an average of 97 days on market before selling or being removed.
Current Ferrari 488 Pricing
A fair price for a Ferrari 488 in July 2026 is between $279,990 and $389,900 (25th to 75th percentile). Prices range from $245,990 to $590,888 across 554 active listings.
Price Distribution (554 Active Listings)
Percentile
Price
Meaning
10th
$245,990
Budget / project cars
25th
$279,990
Below average price
Median (50th)
$309,999
Typical market price
75th
$389,900
Above average / premium
90th
$590,888
Top tier / low miles / rare spec
The average asking price is $380,949, which is higher than the median, indicating that high-priced outliers (rare specifications, very low mileage, or concours-quality examples) pull the average up.
Price by Mileage
Mileage Range
Listings
Median Price
Under 10,000 mi
286
$349,890
10,000 - 25,000 mi
219
$293,097
25,000 - 50,000 mi
46
$249,991
Ferrari 488 Price Trends
Ferrari 488 prices have increased 7.6% over the past quarter. In 2026-Q4, the median sale price was $511,000 across 1 sales, up from $475,000 in 2026-Q3.
On a year-over-year basis, Ferrari 488 prices are up 89.3% ($511,000 vs. $269,895 a year ago).
Ferrari 488 Quarterly Sale Prices (Historical)
Quarter
Sales
Median Price
Average Price
2025-Q1
88
$262,995
$292,196
2025-Q2
93
$274,900
$276,444
2025-Q3
133
$263,000
$276,803
2025-Q4
145
$269,895
$299,317
2026-Q1
120
$284,995
$332,394
2026-Q2
28
$345,516
$410,987
2026-Q3
2
$475,000
$421,500
2026-Q4
1
$511,000
$511,000
Best Value Ferrari 488 by Model Year
The 2016 Ferrari 488 offers the best value with a median price of $249,991 across 67 listings. The most expensive model year is 2019 at a median of $379,995.
Median Price by Model Year
Year
Listings
Median Price
Min
Max
2016
67
$249,991
$10,000
$365,000
2017
137
$299,991
$30,000
$729,995
2018
214
$319,995
$45,000
$731,584
2019
135
$379,995
$228,900
$1,695,000
How Mileage Affects Ferrari 488 Value
Most price guides assume value falls linearly with mileage. It doesn't. CarSearch.Pro learns the actual price-vs-mileage curve for the Ferrari 488 from confirmed sales, referenced to a typical example at about 8,247 miles:
Odometer (approx.)
Value Multiplier
Implied Value
686 mi
1.44x
$422,000
4,733 mi
1.07x
$314,835
10,813 mi
0.97x
$283,674
20,591 mi
0.91x
$268,111
35,570 mi
0.76x
$222,577
54,832 mi
0.81x
$238,515
97,980 mi
0.84x
$245,405
154,919 mi
0.68x
$198,256
300,000 mi
0.65x
$189,504
Low-mileage examples carry a real premium in this market: around 686 miles, cars trade at roughly 1.44x the reference value. At the other end, 300,000-mile examples trade at about 0.65x. Implied values here are anchored to this market's True Value.
Ferrari 488 Price Forecast
Horizon
Direction
Probability
Regime
Past Accuracy
6 months
↓ DOWN
48%
volatile
54% over 52 tests
12 months
↑ UP
54%
volatile
59% over 46 tests
24 months
↑ UP
57%
volatile
62% over 34 tests
These are probabilistic direction calls, not price targets. The "Past Accuracy" column is this model's real walk-forward record on the Ferrari 488 — every month we re-run the forecast as if we only knew what was knowable then, and grade it against what actually happened. We publish the hit rate either way. Full methodology & track record →
Where to Buy a Ferrari 488
The highest concentration of Ferrari 488 listings is in CA with 41 active listings, followed by FL (38), TX (23), OH (10), GA (9).
Regional pricing varies significantly. The lowest median price is in AZ at $270,991, while CT has the highest at $950,699. Buyers willing to travel or arrange transport may find savings of $679,708.
Top States by Inventory
State
Listings
Median Price
CA
41
$400,084
FL
38
$329,990
TX
23
$349,998
OH
10
$349,990
GA
9
$304,995
AZ
9
$270,991
NV
8
$358,788
NC
8
$349,996
MA
7
$379,813
NY
6
$429,900
Ferrari 488 Market Velocity
Ferrari 488 listings spend an average of 97 days on market. This is a slow-moving market. Listings tend to sit for extended periods, giving buyers significant negotiating power. Sellers should be realistic on pricing and patient.
The median time on market is 36 days. The lower median suggests most cars sell relatively quickly, while a smaller number of overpriced listings drag up the average.
Ferrari 488 Buyer's Guide Summary
Fair price range: $279,990 to $389,900. The median is $309,999. Anything below $279,990 is a strong value; above $389,900 should be premium condition, low miles, or a desirable specification.
Trending up: Ferrari 488 prices have risen 7.6% recently. Buying sooner may save money if the trend continues.
Best value year: The 2016 model year has the lowest median price at $249,991, making it the most accessible entry point into Ferrari 488 ownership.
Negotiate: With an average of 97 days on market, sellers are often willing to negotiate. Listings over 60 days old are especially open to offers.