Used 2018 Ferrari 488 Spider
2018 Ferrari 488 Spider Review
By Colin Ryan
Updated December 02, 2019
Pros
You’re a true car nut with deep pockets, excellent taste, a decent amount of driving talent and a profound understanding of what it means to own a Ferrari. Making the rest of the world envious is just a by-product.
Cons
You’re from the planet Vulcan and still can’t understand this human fascination for fast, loud, red machines. Stick around, Spock, you’re about to learn a thing or two.
What's New?
The 2018 Ferrari 488 GTB and 2018 488 Spider receive no major changes for this model year.
The 2018 Ferrari 488 GTB and Spider are superb supercars, with little space for much more than an engine, chassis and a couple of people. But they still come with a lot of baggage. It’s baggage of the emotional kind, though. No other make of car has the same romance, heritage, pedigree and downright desirability. These fixed-roof and open-top models keep the thrills coming, using know-how obtained through motor racing at the absolute highest levels. Their accelerative powers are prodigious — the GTB can zip from standstill to 60 mph in only three seconds, the time it takes to utter “Oh, my gosh” or something similar. And all this equipment dedicated to the fine art of driving fast is wrapped up in arguably beautiful packages. Ferrari didn’t become Ferrari by chance.
2018 Ferrari 488 Spider Pricing
2018 Ferrari 488 Spider pricing starts at $301,000 for the 488 Spider Convertible 2D, which had a starting MSRP of $281,435 when new. The range-topping 2018 488 Spider Convertible 2D starts at $301,000 today, originally priced from $281,435.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
|---|---|---|---|---|
$281,435 | $301,000 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2018 Ferrari 488 Spider models in typical condition when purchasing from a dealership. These prices are updated weekly.
Driving the Ferrari 488 Spider
Although these Ferrari 488 supercars have an astonishing turn of speed, incredible grip and immediate responses, they will also surprise a driver by making all those thrills so readily accessible. They’re actually easy to drive. The power seems infinite, inexhaustible. Floor the throttle at any speed and the outside world morphs into a smear of particles. The 488 is in a still-exclusive club that can break the 200-mph barrier. At the other end of the performance envelope are fade-free (and lightweight) carbon-ceramic brake discs that, at optimum temperature, will arrest forward movement like a black hole sucks in light. The ideal way to really explore everything a 2018 488 has to offer is on a track. Driving there and back, though, the adaptive suspension and smooth-shifting dual-clutch (essentially an automatic) transmission make motoring among the Muggles a pleasant experience.
Interior Comfort
A 488’s interior works both aesthetically and ergonomically. It’s surprisingly bearable right from the moment of stepping in, which doesn’t require the contortions often associated with supercars. Even tall drivers are accommodated. The dash is relatively simple, but still looks and feels special. This is a 2-seater whose engine is just behind those seats. In between, though, is a handy parcel shelf for a little extra stowage. The main trunk area, however, is up front, offering eight cubic feet of space — enough for a couple of weekend bags.
Exterior Styling
Even someone who doesn’t know or care about cars could look at a 2018 488 and realize a) it’s undoubtedly a Ferrari, and b) it has a peculiar beauty fashioned by function and flair alike. The flair is evident in those classic proportions enjoyed by mid-engine supercars. The function comes from the scoops, vents and underbody panels honed in a wind tunnel to provide more than 700 pounds of downforce at 155 mph. When moving that fast, this aerodynamic effect is deeply reassuring. The 488 GTB (B stands for berlinetta, a term describing fixed-roof cars) has an undeniable charm, but those who prefer the option of alfresco frolics will gravitate to the 488 Spider with its power-retractable top.
Favorite Features
THE ENGINE
Ferrari bodies are often works of automotive art, but so are the engines. That’s why they’re under transparent covers. This mid-mounted titan has a pair of red cylinder heads bearing the Ferrari name. And although the sound at high revs might not be such a full-throated wail as a naturally aspirated engine, it’s still goosebump-inducing.
MULTI-FUNCTION STEERING WHEEL
Ferrari took a cue from its Formula One race cars with its steering wheel, incorporating numerous functions on its spokes, including wipers, engine start, high beams, turn signals and the all-important manettino drive-mode selector. Despite the complexity, it soon becomes as intuitive as a Toyota’s controls.
Standard Features
Most of the equipment in the 2018 Ferrari 488 GTB and 488 Spider is focused on extracting and exploiting the capabilities lying within the engine and chassis. For example, the drive modes (affecting suspension, steering, throttle and transmission settings) don’t include a “normal” setting, but go from Sport to Race. Those carbon-ceramic brakes are included. But the 488 also comes with an infotainment system, leather-covered sport seats (well-shaped, comfortable and supportive), and rear parking sensors. Given that rearward vision is never great in mid-engine cars, a rearview camera would have made a welcome standard feature, but sadly not. And while there’s an engine start button, pressing the key fob is still required to unlock the doors.
Factory Options
For a typical Ferrari buyer, money really is no object, so it’s pointless to gasp over how pricey the extras can be. Anyway, there’s a certain logic to spending $6,000 on forward- and rear-facing cameras, since it would cost around $10,000 to replace a cracked carbon-fiber rear diffuser. Buyers may also select a titanium sport exhaust, track telemetry system, carbon-fiber trim pieces and aerodynamic additions, various paintwork and interior colors, Apple CarPlay smartphone integration, and diamond-patterned seat stitching.
Engine & Transmission
In both variants of the Ferrari 488 sits an all-aluminum, twin-turbocharged 3.9-liter V8 making a mighty 661 horsepower and 561 lb-ft of torque. This is linked to what feels like a quantum-speed 7-ratio dual-clutch transmission with F1-style shift paddles and only the rear wheels are driven. Ferrari tuned the engine management for optimum power delivery in each of the seven gears, all responding with the immediacy of a naturally aspirated engine, saving maximum torque for the highest. The result is boundless acceleration while shifting up through the gearbox.
3.9-liter twin-turbocharged V8
661 horsepower @ 8,000 rpm
561 lb-ft of torque @ 3,000 rpm
EPA city/highway fuel economy: 15/22 mpg (16/22 mpg with stop/start option)
2018 Ferrari 488 Spider
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2018 Ferrari 488 Spider Values and Prices
Style | Trade-In Value | Private Party Value | Fair Purchase Price | ||
|---|---|---|---|---|---|
- | $281,000 | $301,000 |
2018 Ferrari 488 Spider Depreciation
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2018 Ferrari 488 Spider Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2023 | - | - | - | ||
2024 | - | - | - | ||
2025 | - | - | - | ||
Now | - | $281,000 | - |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
2018 Ferrari 488 Spider Depreciation
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Specifications
Dimensions, Weights & Capacities
Curb Weight | 3362 lbs. | ||
|---|---|---|---|
Fuel Capacity | 22.7 gallons | ||
Max Seating Capacity | 2 | ||
Overall Length | 179.8 inches | ||
Trunk or Cargo Capacity | 8.1 cu.ft. | ||
Wheel Base | 104.3 inches | ||
Width with mirrors | 76.9 inches |
Exterior
Alloy Wheels | Available | ||
|---|---|---|---|
Number of Doors | 2 doors | ||
Power Folding Exterior Mirrors | Available | ||
Power Retractable Top | Available | ||
Rear Spoiler | Available |
Fuel Economy
City | 15 mpg | ||
|---|---|---|---|
Highway | 22 mpg | ||
Combined | 18 mpg |
Mechanical
Drivetrain | RWD | ||
|---|---|---|---|
Transmission Type | Automatic | ||
7 speed | Available | ||
Recommended Fuel | Premium | ||
Hill Start Assist | Available |
Performance
Horsepower | 660 @ 8000 RPM | ||
|---|---|---|---|
Torque | 560 @ 3000 rpm | ||
Engine | V8, Twin Turbo, 3.8 Liter | ||
0 to 60 | 3.0 seconds | ||
Top Speed | 203 mph |
Warranty
Basic | 3 years / Unlimited miles | ||
|---|---|---|---|
Powertrain | 3 years / Unlimited miles | ||
Corrosion | 3 years / Unlimited miles |
Comfort & Convenience
Entertainment
Interior
Security
Technology
2018 Ferrari 488 Spider Safety
Safety Features & Technology
Compare to Similar Vehicles
![]() Used 2018 Ferrari 488 Spider | ![]() New 2025 Bentley Continental GTC | ![]() Used 2025 Porsche 911 | ![]() Used 2023 Lamborghini Huracan | ||
|---|---|---|---|---|---|
| Price | $301,000 | $323,550 | $294,000 | $322,000 | |
| KBB.com Rating | N/A | 4.5 | 4.7 | N/A | |
| Consumer Rating | 5.0 | 4.5 | 4.3 | 5.0 | |
| Fuel Economy | City 15/Hwy 22/Comb 18 MPG | City 0/Hwy 0/Comb 19 MPG | City 0/Hwy 0/Comb 52 MPGe | City 14/Hwy 20/Comb 16 MPG | City 13/Hwy 18/Comb 15 MPG | |
| Fuel Type | Gas | Hybrid | Gas | Gas | |
| Seating Capacity | 2 | 4 | 4 | 2 | |
| Basic Warranty | 3 years | 3 years | 4 years or 50000 miles | 3 years | |
| Horsepower | 660 @ 8000 RPM | 782 @ 6000 RPM | 640 HP | 631 @ 8000 RPM | |
| Engine | V8, Twin Turbo, 3.8 Liter | V8, Hybrid, Twin Turbo, 4.0 Liter | 6-Cyl, Twin Turbo, 3.7 Liter | V10, 5.2 Liter | |
| Drivetrain | RWD | AWD | AWD | AWD |
2018 Ferrari 488 Spider Rankings
FAQs
Is the 2018 Ferrari 488 Spider a good vehicle?
Yes, the 2018 Ferrari 488 Spider is a good car. Its Kelley Blue Book rating of 0 out of 5 is within 10% of our average rating.
What is the MPG for a 2018 Ferrari 488 Spider?
The 2018 Ferrari 488 Spider is rated to return city/highway fuel economy of 15/22 mpg.
How much should a 2018 Ferrari 488 Spider cost?
Used 2018 Ferrari 488 Spider prices currently range from $301,000 for the Convertible 2D to $301,000 for the Convertible 2D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
What's the cheapest Ferrari 488 Spider?
The cheapest 2018 Ferrari 488 Spider is the Convertible 2D, with a Kelley Blue Book Fair Purchase Price of $301,000.
Is the 2018 Ferrari 488 Spider reliable?
The 2018 Ferrari 488 Spider is part of the 1st-generation 488 Spider, which our owners give an above-average reliability rating of 4.7 out of 5.



