Used cars›Ferrari›488›Ferrari 488 Pista Spider
What it really costs
About S$2,088,168 in all, before insurance, fuel, parking and servicing.
| Asking price | S$2,980,000 |
| PARF rebate when the COE ends (half the ARF) | − S$410,109 |
| ÷ COE left (3y 8m) | S$700,879/yr |
The listing works it out at S$692,260/yr; small gaps come from rounding and the exact COE end date.
Paper value today (what LTA would refund if it were scrapped now): S$73,921.
Assumes its value falls in a straight line to its paper value when the COE runs out, as Singapore’s depreciation figure does.
This car Similar cars (tap one to open it) Typical figure
Ferrari 488 Pista Spider
2020 · Sports
Fair carma
Carma score out of 100
- Depreciation 108% above the S$332,400/yr typical of 8 Ferrari 488 registered 2018–2020
- Low mileage: about 1,200 km a year
- One owner
Facts from the listing on sgcarmart.com, with prices rechecked daily. Carma doesn’t sell this car: contact the seller through the original listing.
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