2016 Ferrari 488 GTB Market Value & Price History
The 2016 Ferrari 488 GTB has a current market value of $295,415 as of Oct 13, 2026, based on 20 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2022 between $221,000 and $257,000. Based on US sales through Sep 22, 2026. 5 have sold in the past 12 months, and 39 are listed for sale from $139,000 to $369,995. The median sale price is up 32.5% over the past 12 months versus the prior year.
Data: DriveIndex. 20 verified auction sales for the 2016 Ferrari 488 GTB, latest sale Sep 22, 2026. Value as of Oct 13, 2026. Methodology
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2016 Ferrari 488 GTB Specifications
✓ Independently verified. We never estimate specs.
The 2016 Ferrari 488 GTB left the factory with 661 hp, running 0–60 mph in 3 seconds. It carried an original MSRP of $245,400.
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Last checked Oct 12, 2026, unless a listing shows its own date
2016 Ferrari 488 GTB Price History
The median 2016 Ferrari 488 GTB sold for $257,000 in 2026, against $263,000 in 2022. Each row is the median of the verified sales recorded in that calendar year, so it moves with the mix of mileages and options that came to market as well as with the market itself.
| Year | Median sale | Sales |
|---|---|---|
| 2026 | $257,000 | 5 |
| 2024 | $218,000 | 4 |
| 2023 | $234,000 | 6 |
| 2022 | $263,000 | 3 |
Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.
Recent 2016 Ferrari 488 GTB Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Sep 22, 2026 | $342,000 | 398 mi | Automatic |
| Sep 21, 2026 | $295,000 | 8,000 mi | Automatic |
| Jun 18, 2026 | $162,300 | 8,300 mi | Automatic |
| Jun 2, 2026 | $257,000 | 4,900 mi | Automatic |
| Apr 13, 2026 | $224,000 | 12,000 mi | Automatic |
| Jul 1, 2025 | $194,000 | 10,700 mi | Automatic |
| Apr 1, 2025 | $182,000 | 35,000 mi | — |
| Nov 15, 2024 | $228,000 | 5,000 mi | — |
| Sep 11, 2024 | $208,000 | 12,000 mi | Automatic |
| May 29, 2024 | $263,000 | 3,000 mi | Automatic |
| Feb 28, 2024 | $185,000 | 37,000 mi | Automatic |
| Dec 15, 2023 | $221,000 | 3,600 mi | Automatic |
| Nov 24, 2023 | $235,000 | 4,800 mi | Automatic |
| Nov 17, 2023 | $233,000 | 3,600 mi | Automatic |
| Jun 27, 2023 | $245,000 | 2,600 mi | Automatic |
Verified results from the world's leading collector-car auction houses and marketplaces.
All Ferrari 488 GTB auction results →See the full picture on the 2016 Ferrari 488 GTB
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Ferrari 488 GTB by Year
Which 488 GTB year should you buy? Every year compared →2016 Ferrari 488 GTB: Frequently Asked Questions
How much is a 2016 Ferrari 488 GTB worth?
A 2016 Ferrari 488 GTB is worth approximately $295,415 as of Oct 13, 2026, based on 20 verified auction sales tracked by DriveIndex. Based on US sales through Sep 22, 2026. Half of all verified sales fall between $221,000 and $257,000; the full verified range is $162,300 to $342,000. Condition, mileage and options move an individual car within that band.
What are the factory specs of the 2016 Ferrari 488 GTB?
The 2016 Ferrari 488 GTB left the factory with 661 hp, running 0–60 mph in 3 seconds. It carried an original MSRP of $245,400. These figures are independently verified. DriveIndex never estimates specs.
How much did a 2016 Ferrari 488 GTB cost new?
The 2016 Ferrari 488 GTB carried an original MSRP of $245,400. Verified examples now trade around $295,415.
How much has the 2016 Ferrari 488 GTB depreciated?
It hasn't depreciated. The 2016 Ferrari 488 GTB is worth about 20% more than its original MSRP of $245,400, with verified examples now trading around $295,415. That compares today's value with the sticker price, not adjusted for inflation.
How many 2016 Ferrari 488 GTB sell per year?
5 have sold at auction in the past 12 months. DriveIndex has tracked 20 2016 Ferrari 488 GTB sales in total.
Are 2016 Ferrari 488 GTB sale prices higher or lower than a year ago?
The median 2016 Ferrari 488 GTB sale price is up 32.5% over the past 12 months versus the prior year, based on verified auction sales. That figure tracks the median of what actually sold, so it moves with the mix of mileages and options that came to market as well as with the market itself. The full Value Signal classification (appreciating, stable, bottomed, or depreciating) and its 1–5 year projection are part of DriveIndex Pro.
Where can I buy a 2016 Ferrari 488 GTB?
DriveIndex lists 39 2016 Ferrari 488 GTB for sale, priced from $139,000 to $369,995 (last checked Oct 12, 2026). DriveIndex aggregates for-sale listings and auction results from the world's leading collector-car auction houses and marketplaces.
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