Ferrari 458 vs 488: Prices, Specs and Which to Buy

By Michael, Hypercars co-founderPublished Updated

The short answer

A 458 Italia typically sells for $234K and a 488 GTB $244K in our sales data. Buy the 458 for Ferrari's last naturally aspirated mid-engine V8; buy the 488 for 661 twin-turbo horsepower against 562.

Find your starting point

You want the naturally aspirated V8

458 Italia / Spider

562 hp from Ferrari's last naturally aspirated mid-engine V8.

Check first: The instrument display, the heat-shield fire recall on 2010 cars, and service records.

You want the most power

488 GTB / Spider

661 hp from a twin-turbo 3.9 V8, against 562 hp for the 458.

Check first: Gearbox seals, the turbos, and the fuel line and airbag recalls.

Get notified about new Ferrari 458 listings

Seen across 16 sites in the last 30 days.

458 vs 488 prices, version by version

Median completed-sale price for each version, with the number of sales behind it.

  • Coupe458 $234k 45 sold488 $244k 26 soldAbout the same
  • Spider458 $286k 51 sold488 $327k 46 sold458 $41k less
  • Track special458 $769k 20 sold488 $825k 19 sold458 $56k less

Specs side by side

458 Italia / Spider

Engine
4.5 V8, timing chains
Power
562 hp
Body and seats
Two-door coupe (Italia) or Spider with a folding hard top, two seats
Gearbox
7-speed dual-clutch automatic only
Drive
Rear-wheel drive

488 GTB / Spider

Engine
3.9 twin-turbo V8
Power
661 hp
Body and seats
Two-door coupe (GTB) or Spider with a folding hard top, two seats
Gearbox
7-speed dual-clutch automatic only
Drive
Rear-wheel drive

What separates a good one from a costly one

Prices and recent sales come from our completed-sale data.

458 Italia

458 Italia / Spider

Built
2010-2015
Median sale
$234k
Typical
$205k–$300k
Sales
45

Known issues and what they cost

IssueTypical cost
The instrument display's power supply failsAbout $12,000 for a Ferrari panel; about $2,000 to rebuild at a specialist
Dual-clutch gearbox faults, mostly sensors, on later cars; early cars had ring-and-pinion wear fixed by factory updatesAbout $5,000, as the transaxle has to come out
Sticky interior coatings and shrinking dash leather$5,000-$6,000 for the dash
Routine annual serviceFrom $899 at one New Jersey specialist; about $2,500 by another estimate
Recalls: wheel-arch heat shield adhesive can smoke or burn (2010), crankshaft machining (2011-2012), Takata passenger airbag inflators (2010-2015), brake fluid reservoir cap (2010-2015)Free at a dealer; confirm each was done

Walk away if

  • A 2010 car with the heat shield recall open.
  • A blank or flickering instrument display.

Recent sales

488 GTB

488 GTB / Spider

Built
2016-2019
Median sale
$244k
Typical
$215k–$279k
Sales
26

Known issues and what they cost

IssueTypical cost
Gearbox seals can failAbout $55,000 for a new transaxle; about half that for a specialist rebuild
TurbochargersAbout $25,000 at a dealer; $5,000-$10,000 for an independent rebuild
Battery drain, the most common complaintKeep it on a maintainer
Routine annual serviceFrom $799 at one New Jersey specialist; about $3,500 by another estimate
Recalls: a fuel line can leak vapor (2016 GTB), the brake-wear warning may not light (some 2016 cars), a fuel vapor separator can crack (2018-2019 Spider), Takata passenger airbag inflators (2016-2018), the airbag control unit (2016-2018 GTB, 2018 Spider), brake fluid reservoir cap (2016-2019)Free at a dealer; confirm each was done

Walk away if

  • An open fuel line or vapor separator recall.
  • Gearbox fluid on the ground under the car.

Recent sales

Make a better purchase

Before you buy

  1. Engine: the 458 has a 562-hp naturally aspirated 4.5 V8, the 488 a 661-hp twin-turbo 3.9. Both have a seven-speed dual-clutch gearbox and no manual.

  2. Budget for servicing: Ferrari's free 7-year Genuine Maintenance came to US cars with the 2012 model year and runs seven years from delivery, so most 458s and 488s are past it; a late-delivered car may have time left.

  3. Ferrari's Power warranty covers years 9 to 16 of a car's life, renewed each year after a dealer inspection, for cars under about 74,500 miles with service history. The earliest 458s are near the end of that window, and most 488s are only now reaching year 9.

  4. Check every recall by VIN: the brake fluid reservoir cap on a 2010-2015 458 or 2016-2019 488 GTB or Spider, and the heat-shield fire recall on a 2010 458.

  5. The Spider is the same car with a folding aluminum hardtop. Compare the Spider and coupe rows for the premium on each generation.

The full price ladder

Median completed auction price and the middle 50% of sales. Ranges share one scale; a wider bar means a wider spread of sale prices.

Swipe across for sale counts, trends and mileage →

The full price ladder: sold prices, sale counts and observed price changes
Model / versionMedian PriceMiddle 50%Sales12-mo TrendAvg Mileage
458 Italia$234,117$205,000 – $300,00045+15.4%18,466
488 GTB$243,500$215,000 – $278,75026—13,153
458 Spider$286,000$249,504 – $357,75051+38.4%15,515
488 Spider$327,000$270,375 – $394,50046—9,624
458 Speciale$769,000$588,750 – $1,018,00020—7,164
488 Pista$825,000$715,500 – $1,019,50019—2,789
458 Speciale Aperta$2,030,500$1,556,500 – $2,593,7506—2,309
488 Pista Spider$1,141,000$832,125 – $1,536,25010—4,618

Questions, answered.

Should I buy a 458 or a 488?
Buy the 458 for the sound and response of a naturally aspirated V8; buy the 488 for more power and torque from its twin turbos. A 458 Italia typically sells for $234K and a 488 GTB $244K in our data.
Is the 458 faster than the 488?
No. The 488 GTB has 661 hp against the 458 Italia's 562 hp; the 597-hp 458 Speciale narrows the gap.
How much is a 458 Speciale?
A 458 Speciale typically sells for $769K across 20 sales in our data, with the middle half between $589K and $1.02M.
How much is a 488 Pista?
A 488 Pista typically sells for $825K across 19 sales in our data, and the Pista Spider $1.14M.
Why is the 458 so collectible?
It was the last mid-engine V8 Ferrari without turbochargers. The 488 that replaced it in 2015 moved to a twin-turbo engine, and every mid-engine V8 Ferrari since has been turbocharged.

Methodology

Based on 223 completed North American auction sales from the last 2 years on the online auctions and auction houses we track, priced in US or Canadian dollars. Sales in other currencies are left out, since their prices carry other taxes and duties, and so are fixed-price listings, which record an asking price. Canadian prices are converted to USD. Each price is the median sale, the way our valuations work, and typical ranges show the middle half of sales (25th–75th percentile). The sample is refreshed regularly. A change in the cars sold can change the median without any individual car gaining or losing value.

Read our full methodology.

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