Ferrari 296 GTB
Looking at a 296 for sale?
Put in the asking price and the odometer reading. You will see what this model should make at that reading.
No Australian sale stands behind this value, so treat the figure as indicative.
Price history
The verdict
Recorded sales
Score breakdown
The working behind each factor: baseline and drivers ↓
What it costs to own · about 2,500 km a year
Specification
What moves the price on this model
Condition, history, originality, ownership, delivery and modification multipliers apply to every car in the library. They are applied automatically when an advertisement is analysed, and the schedule is set out once, on the analyser page.
Projected value in five years
The case for and against
610kW, 2.9 seconds and a V6 the market took to faster than anyone expected, now available at roughly a hundred thousand dollars under a list price with $155,000 of unrecoverable tax inside it. Warranty expiry rather than odometer sets the price, which means a well-bought car is a documentation exercise rather than a gamble.
Still depreciating three years into a fall of twenty to twenty-five per cent from list, with no bottom identified and no appreciation case in the next few years. This is an expensive used car with a warranty question, and out of warranty the hybrid battery is a $90,000 exposure nobody has the field history to price.
Known faults and risks
Similar cars, and what they cost to run
Read the rest of the evidence notes (6 more)
And the record is written that way rather than dressed up. The 296 has lost roughly twenty to twenty-five per cent of its list in three years and is expected to keep softening at a decelerating rate. Nothing on this page should be read as an appreciation case.
The tax is 33 per cent of the GST-inclusive value above the threshold, levied at first retail sale and never recovered on resale. Of the $568,300 Australian list, roughly $155,000 to $165,000 is that tax. The first owner carries all of it and the second owner pays none of it. That is why a modern Ferrari falls harder here in percentage terms than the same car in Britain or America, and it is the most useful single thing to know about the used price of any recent car in this segment.
Ferrari's seven-year scheduled-maintenance programme transfers with the car, and a 296 with genuine remaining factory cover plus that programme is worth $25,000 to $45,000 over an identical one outside it. The reason is the high-voltage battery: out of warranty a hybrid system replacement is a $90,000 event on a car with almost no field history to price it against.
About 1.4 to one, because a four-year-old car with electronic service records does not vary the way a forty-year-old one does. Specification does more work than condition here, and Assetto Fiorano is worth $40,000 to $70,000 of it.
A published list price and an arithmetic on the tax inside it. No Australian transaction exists in any accessible archive and no local asking price was captured, so there is not even a dealer advertisement to argue with. That is thin, it is graded as thin, and it will stay that way until early cars start clearing in public.
A widely republished $703,369 for the GTS sits about $135,000 above the GTB, far more than a coupe-to-spider walk normally is, and it reads as an as-optioned or drive-away number rather than a list price.
No Australian transaction stands behind this value. A spec-adjusted figure built on it would look precise and would not be, so the report is refused instead of sold with a caveat. That goes for this car and 87 others. Everything above is free and stays free.
One line of email when this desk publishes a call on a Ferrari 296 GTB, or records a new Australian sale of one. Nothing else, no schedule, and on a quiet model you may hear nothing for months, which is itself worth knowing about a car you are chasing.