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2017 Ferrari 488 Spider

Used Car - 18 000 km - Automatic - N/A - Exclusive Auto Group, N1 City, Goodwood

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You're getting a Fair deal! This car is priced similarly compared to other cars

Asking Price

R 4 999 900,00

This car is priced similarly than the average retail value of this make and model.

Average Retail Value

R 5,149,000.00

The average price of all cars listed of the same brand and model.

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2017 Ferrari 488 Spider Price Comparison

The average price of similar cars is R 5,149,000.00. The price of this car is R 4,999,900.00. This car is priced similarly than other similar cars.

Cars used in the price comparison:

Understanding the Price vs. Kilometers Done Scatter Plot

This chart helps you see how the price of cars compares to how much they’ve been driven.

  • Each Dot: Represents a car similar to the one you’re looking at.

    • Horizontal Line (X-axis): Shows the number of kilometers the car has been driven.
    • Vertical Line (Y-axis): Shows the price of the car.

  • Red Triangle: Highlights the car you’re currently viewing.

What This Means for You:

  • Lower Left Area: Cars that are cheaper and have been driven less.
  • Middle Area: Cars that have a typical balance between price and kilometers driven.
  • Upper Right Area: Cars that are more expensive and have been driven more.

Red Triangle Placement:

  • If the red triangle is towards the lower left: Your car is a great deal—priced lower and driven fewer kilometers than most similar cars.
  • If the red triangle is in the middle: Your car is priced and driven similarly to other cars.
  • If the red triangle is towards the upper right: Your car is priced higher and has been driven more than most similar cars.

This visualization helps you quickly understand how your car stacks up in terms of price and usage, making it easier to make informed decisions.

Understanding the Price Distribution Histogram

This chart shows how the prices of cars similar to the one you’re viewing are spread out.

  • Each Bar: Represents a range of prices (e.g., R 4,900,000 – R 5,000,000) and how many cars fall into that range.
  • Red Highlighted Bar: Indicates the price range of the current car you’re looking at.

What This Means for You:

  • Red Bar on the Left: Your car is priced lower than most similar cars.
  • Red Bar in the Middle: Your car is priced similarly to other cars.
  • Red Bar on the Right: Your car is priced higher than most similar cars.

This helps you quickly see where your car stands in the market and make informed decisions.

More 2017 Ferrari 488 Spider Details

Performance Specs of the 2017 Ferrari 488 Spider

  • Engine: 3.9-liter twin-turbocharged V8
  • Horsepower: 661 hp at 8000 rpm
  • Torque: 561 lb-ft at 3000 rpm
  • Transmission: 7-speed dual-clutch automatic
  • 0-100 km/h: Approximately 3 seconds
  • Top Speed: 325 km/h

Ownership Costs & Maintenance

  • Average Price: R 5,500,000 in the South African market
  • Maintenance Costs: High due to the premium nature of the vehicle, including scheduled servicing and potential repairs
  • Insurance Costs: Approximately R 50,000 to R 120,000 annually, depending on coverage and driving history
  • Depreciation: High initial depreciation in the first few years, stabilizing thereafter

Car Comparisons

  • McLaren 570S – Similarly priced, offers comparable performance but with a slightly more clinical driving feel
  • Lamborghini Huracán – More dramatic styling and slightly more power, but often more expensive
  • Porsche 911 Turbo – Less expensive, with more subtle styling but excellent all-around performance

Market Insight

  • Demand: High among enthusiasts and collectors despite economic fluctuations
  • Resale Value: Retains good resale value due to brand prestige and limited availability
  • Market Trends: Increasing interest in luxury sports cars among South African high-net-worth individuals
  • Import Duties and Taxes: High, significantly affecting final purchase price

Finance Calculator





Monthly Payments: R 91 523,50

Total Interest: R 2 089 781,95

Total Payment: R 6 589 691,95

* Please note that these calculations are only estimates and must be confirmed with your finance provider.

Frequently Asked Questions

How do you calculate the value of the cars listed?

We use an algorithm that analyzes various data points, including market trends, mileage, car condition, and historical prices for similar models. This helps us determine a fair market value and compare it to the listed price

The charts compare the car’s current price with average prices for similar models. You can see trends for different factors like the car’s age, mileage, and condition. This visual tool helps you understand whether the listing price is above or below the market average.

The price is influenced by the car’s make, model, year, mileage, condition, and location. Additionally, supply and demand in the used car market can cause price fluctuations. Please note that we don’t set the price, but the seller does.

Our pricing data is updated daily to ensure accuracy. We continuously track listings and sales across multiple platforms to keep our data current.

We provide a comparison between the car’s listing price and its market value based on similar models. If the listing price is below the market value, it may indicate a good deal. We also highlight the price difference on the page combined with a label Good, Bad, or Fair.

The mileage data is provided by the seller. We recommend verifying the mileage during the inspection and checking the car’s service history for any inconsistencies.

We don’t directly offer financing, but we provide links to trusted third-party partners that can assist with financing options tailored to your needs.

If you have any concerns about a specific car listing, such as suspicious pricing or inaccurate information, you can report it to our team, and we will investigate further.

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