Used cars›Ferrari›488›Ferrari 488 Spider (New 10-yr COE)

FerrariRare10-yr COE renewal in price
Registered09-Feb-2017
COE left3m (+10y in price)
Mileage55,000 km
Owners4 Owners
Engine3,902 cc
ColourWorked out from the listing’s photo, so it may not always be right: lighting, reflections and the background can fool it.Red
FuelPetrol
Fuel useabout 10.5 L/100 km (estimate)
GearboxAuto (dual clutch)
DriveGoing by the badge in the listing’s title and what this model usually comes with, so check with the seller if it matters.Rear-wheel drive
Body typeSports
COE categoryB
Manufactured2016
On the marketabout 9 days
OMV$330,869
ARF$567,565
Road tax$3,796 /yr
Power493.0 kW (661 bhp)
Weight1,565 kg

What it really costs

DepreciationS$67,120/yr
Road taxS$3,796/yr
TogetherS$5,910/month

About S$212,748 in all, before insurance, fuel, parking and servicing.

Assumes its value falls in a straight line to its paper value when the COE runs out, as Singapore’s depreciation figure does.

How it compares: depreciation of the 10 COE-renewed Ferrari 488 registered 2016–2017, by registration date
S$60kS$70kS$80k 2017 typical S$66k Ferrari 488 GTB (COE till 03/2036) · S$64,720/yrFerrari 488 GTB (New 10-yr COE) · S$64,800/yrFerrari 488 GTB (COE till 03/2036) · S$63,770/yrFerrari 488 GTB (New 10-yr COE) · S$61,270/yrFerrari 488 GTB (COE till 02/2036) · S$67,290/yrFerrari 488 GTB (COE till 03/2036) · S$65,710/yrFerrari 488 GTB (COE till 05/2036) · S$66,250/yrFerrari 488 Spider (COE till 07/2036) · S$84,600/yrFerrari 488 GTB (COE till 03/2036) · S$62,430/yrFerrari 488 Spider (New 10-yr COE) · S$77,430/yr This car · S$67,120/yr

This car Similar cars (tap one to open it) Typical figure

Ferrari 488 Spider (New 10-yr COE)

2017 · Sports · COE renewed · Rare

S$556,385real price, without the COE renewal

Asking S$688,000, including a 10-year COE renewal · S$67,120/yr like-for-like depreciation

Good carma

Carma score out of 100

  • Depreciation in line with the S$65,710/yr typical of 10 COE-renewed Ferrari 488 registered 2016–2017
  • Low mileage: about 5,700 km a year
  • 4 owners
  • 10 years of COE left
Depreciation against 10 COE-renewed Ferrari 488 registered 2016–2017 (typical S$65,710/yr): a fair number to go on
LowerHigher
See the original listing on sgcarmart ↗
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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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