Ferrari 488 GTB
₹3.88 Crore
Ex-Showroom Price
Ferrari 488 GTB
The Ferrari 488 GTB marked Ferrari's return to forced induction after 30 years, delivering 670 PS from a new twin-turbo 3.9L V8 with active aero generating 325 kg downforce — a landmark Ferrari that redefined what turbocharged supercars could achieve.
Price Breakup
Please select variant first
Key Specification
9.0 kmpl
Mileage
3902 cc
Engine Displacement
8
Cylinders
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670 PS @ 8000 rpm
Max Power
.png&w=64&q=75 "Max Torque"){kind=small}
760 Nm @ 3000 rpm
Max Torque
2
Sitting Capacity
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Petrol
Fuel Type
120 mm (unladen)
Ground Clearance
305/30 R20 (rear)
Tire Size
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230 Litres
Boot Space
Coupe
Body Type
7-speed DCT
Transmission
Ferrari 488 GTB variants
The Ferrari 488 GTB price for the base model starts at ₹3.88 Crore (Ex-Showroom) and ₹4.07 Crore (On-Road, Noida). There are 3 variants listed below.
₹4.07 Crore
On-Road price
₹4.93 Crore
On-Road price
₹4.51 Crore
On-Road price
Ferrari 488 GTB Colors (6)
Ferrari 488 GTB Colors (6)
Rosso Corsa
Rosso Corsa
Bianco Avus
Rosso Corsa
Azzurro California
Rosso Mugello
Nero Daytona
Ferrari 488 GTB Latest Updates
- •
Ferrari 488 GTB marked Ferrari's return to turbocharged engines after 30 years and is now a pre-owned collector favourite.
- •
Strong demand in the certified pre-owned market; Ferrari Approved 488s available at select dealerships.
- •
Values are holding well as the 488 becomes part of the turbocharged Ferrari collector lineage.
Performance and driveability
The 488 GTB's twin-scroll turbo V8 eliminates lag almost entirely — the power delivery is near-instantaneous and more brutal than the 458. Active aero with a retractable rear spoiler generates 325 kg of downforce at maximum speed.
Interior and tech
Same F1-inspired steering wheel concept as 458 but with added turbocharged performance displays and revised aero management controls. Active aero, Ferrari Dynamic Enhancer, and updated SSC system for even greater cornering ability.
Who should buy
For Ferrari collectors seeking the first twin-turbo mid-engine Ferrari — a landmark car that proved turbocharged Ferraris could be just as thrilling as their naturally aspirated predecessors.
Ferrari 488 GTB Brochure
How is Ferrari 488 GTB
Pros
- •Ferrari's first twin-turbo mid-engine V8 after 30 years — landmark car.
- •670 PS with near-instantaneous turbo response — genuinely brutal.
- •Active aero with 325 kg downforce at maximum speed.
Cons
- •Discontinued — pre-owned and collector market only.
- •Loses some of the 458's naturally aspirated character.
- •Very low 120 mm ground clearance for Indian roads.
User Review
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Q. Does the 488 GTB's turbocharged V8 feel meaningfully different from the naturally aspirated 458 Italia — is the turbo transition a philosophical compromise or a genuine performance upgrade?
SIX BUY AND SELL TEAM • Apr 2026
The 488 GTB's 3.9-litre twin-turbo V8 is more capable in every measurable metric — 660 vs 562 PS, faster 0-100 kmph, higher top speed — but the character is genuinely different. The turbo's surge above 3,000 RPM is exciting and powerful; the 458's naturally aspirated delivery is more linear and emotionally pure. For Indian buyers who value real-world performance capability and driving ease, the 488 GTB's turbo engine is actually more accessible and rewarding in traffic and at moderate speeds. The philosophical debate is real; the practical performance advantage of the 488 is unambiguous.
By SIX BUY AND SELL TEAM • Apr 2026
Q. In India's used market, does the Ferrari 488 GTB price offer better value than a new Lamborghini Huracan Evo — which delivers more per rupee at similar total outlay?
SIX BUY AND SELL TEAM • Apr 2026
The 488 GTB and Huracan Evo are the defining Ferrari-vs-Lamborghini sports car comparison — both are exceptional, both are around ₹3–4 crore in the used market. The Ferrari wins on driver communication, weight management, and the brand heritage of a mid-engine Ferrari. The Huracan wins on all-wheel drive confidence, everyday usability, and arguably more dramatic visual presence. Neither is definitively better — the right choice depends entirely on whether you're drawn more to Ferrari's driver-focused precision or Lamborghini's all-surface confidence. Both reward careful pre-purchase inspection equally.
By SIX BUY AND SELL TEAM • Apr 2026
Q. How does the 488 GTB's twin-turbo engine affect real-world fuel efficiency compared to older naturally aspirated Ferraris — is there a meaningful operational improvement?
SIX BUY AND SELL TEAM • Apr 2026
The 488 GTB's turbo engine returns approximately 6–9 kmpl in mixed conditions — a genuine improvement over the 458's 5–8 kmpl range at similar driving conditions. Ferrari's advanced turbocharger technology (including award-winning turbo response development) also means the engine runs efficiently at partial loads in a way that older NA Ferrari V8s couldn't achieve. The improvement is real but modest in absolute terms; the 488 GTB remains a performance car that rewards premium fuel (97+ RON) and rewards the owner for accepting its fuel consumption as part of the ownership contract
By SIX BUY AND SELL TEAM • Apr 2026
Q. Should a buyer considering the used 488 GTB also evaluate the newer 296 GTB at significantly higher pricing — is the generational jump worth the premium?
SIX BUY AND SELL TEAM • Apr 2026
The 296 GTB represents a fundamental architecture change — plug-in hybrid, smaller displacement turbocharged V6 with electric motor, and a significant technology leap. The 488 GTB is a purer, simpler sports car without hybrid complexity. For buyers who want a V8 twin-turbo naturally mechanical Ferrari GT experience, the 488 GTB is not superseded by the 296 — they're different propositions. The 296 GTB is more powerful and more technologically advanced; the 488 GTB is more characterful and less expensive to maintain. Budget and what you value in a sports car determines the better choice.
By SIX BUY AND SELL TEAM • Apr 2026
Q. What does responsible 488 GTB ownership look like in India — service intervals, common maintenance areas, and annual cost planning?
SIX BUY AND SELL TEAM • Apr 2026
: Annual 488 GTB service at Ferrari India: ₹2,50,000–₹4,50,000 for comprehensive authorised maintenance. The twin-turbochargers require oil changes at more frequent intervals than the NA 458 — Ferrari specifies 20,000 km major service, but intercooler and turbo system checks annually are recommended for Indian conditions. Tyres (245/305 section) at replacement: ₹2,50,000–₹4,00,000 per full set. The 488 GTB's dual-clutch transmission fluid should be changed every 40,000 km — a commonly deferred item on used cars that carries real reliability implications. Always verify DCT service history before purchasing a used 488
By SIX BUY AND SELL TEAM • Apr 2026
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