2004 Ford GT$485Kest $556K16.1%2019 McLaren 720S Spider$254Kest $254K4.1%2005 Ferrari F430 Spider$166Kest $199K26.4%2007 Porsche 997.1 Turbo$121Kest $135K9.8%2003 Lamborghini Gallardo 5.0$118Kest $124K19.0%2006 Ford GT Heritage Edition$725Kest $761K3.3%1954 Porsche 356 Speedster$285Kest $315K43.9%2012 McLaren MP4-12C Spider$109Kest $110K8.5%2000 Ferrari 360 Spider$104Kest $109K6.2%2006 Lamborghini Gallardo Spyder 5.0$102Kest $147K2.0%2022 Porsche 992.1 GT3 Touring$281Kest $282K6.5%1984 Ferrari Testarossa$174Kest $194K15.9%2019 McLaren GT Coupe$152Kest $147K4.6%2014 McLaren 650S Spider$133Kest $141K8.1%1985 Ferrari 328 GTS$130Kest $120K36.1%1990 Porsche 964 Carrera 2$108Kest $117K2.7%2023 Porsche 992.1 GT3 RS$421Kest $413K3.8%1999 Ferrari 360 Modena$110Kest $115K5.0%2020 Porsche 992.1 Turbo S$246Kest $243K4.6%1996 Ferrari 550 Maranello$228Kest $269K27.2%2014 Porsche 991.1 GT3$212Kest $179K71.0%2011 Ferrari FF$143Kest $149K19.3%2021 Porsche 992.1 GT3$270Kest $315K6.2%1995 Ferrari F355 Spider$140Kest $140K57.1%2011 Ferrari 458 Spider$282Kest $326K12.8%1997 Porsche 993 Carrera S$206Kest $199K9.0%2002 Ferrari 575M Maranello$135Kest $127K0.8%2020 Porsche 992.1 Carrera S$128Kest $141K19.8%1995 Porsche 993 Turbo$330Kest $301K40.6%2016 Ferrari GTC4Lusso V12$185Kest $178K0.6%
Cars / Ferrari / 488 SpiderLive
2016 Ferrari 488 Spider

✦ Shifty Estimate

$331,800

55.1% · 12 mo
High confidence$218K to $382K
12 months median
$274K
Market cap
$995.4M · 3,000 built
Sales, 12 months
12
For sale now
166
Original MSRP
$272,000 · ▲ 22% since

Track this car in the app

Get its live Shifty Estimate, price alerts, and every sale on your phone.

2016 Ferrari 488 Spider

2016 to 2019 · Convertible · 3,000 built

Price history

$200k$300k$400k$500kJan 2020202120222023202420252026✦ SHIFTY ESTIMATE TODAY $332k
Sold Bid, not sold
36 sales · 22 unsoldmedian $274kupdated Jul 2026

For sale now

  • 2018 · Bianco Avus · 16,551 mi · One Exotics
  • 2018 · Blu Corsa · 1,740 mi · Marshall Goldman Beverly Hills
  • 2017 · Red · 9,254 mi · Dallas Cars of Texas
  • 2019 · Rosso Corsa Metalizzato · 6,445 mi · Prestige Imports
  • 2017 · White · 4,312 mi · Ferrari of Long Island
  • 2017 · Red · 7,205 mi · Atlanta Auto Ventures

Specifications

Engine
Twin-Turbo V8, 3.9L
Power
660 hp
Torque
560 lb-ft
0 to 60
3s
Top speed
203 mph
Transmission
Dual-Clutch (PDK / DCT / DSG)
Drivetrain
RWD
Curb weight
3,362 lb
Production
3,000 units
Original MSRP
$272,000
Designer
Flavio Manzoni

Common questions

How much does a Ferrari 488 Spider cost?

A 2016 Ferrari 488 Spider cost $272,000 new. Over the past 12 months, 12 have sold publicly at a median of $273,750. The Shifty Estimate for a well-kept example is $331,800. Cars have changed hands anywhere from $217,500 to $381,570, depending on mileage, color, and history.

What is a 2016 Ferrari 488 Spider worth today?

The Shifty Estimate is $331,800, up 55.1% over the past 12 months. That sits above the $273,750 median of actual sales because the median counts every car that sold, including high-mileage examples, while the estimate describes a clean, low-mileage one bought today. Confidence is high: 12 public sales in a year gives a firm read.

Is a Ferrari 488 Spider a good investment?

It has appreciated 22% against its $272,000 list price. Values are up 55.1% over the past 12 months. Only 3,000 were built. The caution is spread, not direction: across the sales we have on file, prices ran from $213,000 to $500,000, and mileage explains most of that.

What has a Ferrari 488 Spider sold for at auction?

The 3 most recent public sales we have on file:

  • $475,000Jul 23, 2026Extra Range Grigio Cangiante · 6,000 mi
  • $475,000Jul 7, 2026Blu Pozzi · 8,000 mi
  • $271,500Jun 26, 2026Rosso Scuderia · 33,736 mi

The 488 Spider successfully translated the GTB's turbocharged performance into an open-top experience, losing just 8 mph of top speed compared to its coupe sibling. Ferrari's retractable hardtop mechanism operated in 14 seconds, maintaining structural rigidity while offering true convertible freedom. The Spider's 660-hp twin-turbo V8 delivered identical performance to the GTB, proving that modern engineering could minimize convertible compromises. Production totaled 3,000 units over four years, making it more exclusive than the GTB while remaining accessible to serious collectors. The car's sophisticated aerodynamics included an innovative blown spoiler that managed airflow around the cockpit when the roof was down. At $272,000 new, it commanded a reasonable premium over the coupe. Today, clean Spiders are increasingly sought after as collectors recognize the appeal of open-air supercar driving combined with modern Ferrari reliability and performance.