2016 Ferrari 488 Spider

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Rating8.1

Ranked #12 in 

Convertible
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$272,700
Starting Price 
Nathan Dyer's image
Nathan Dyer 

Senior Editor,

Updated on November 2, 2023

ProsConsWhat's New

Superfast acceleration from the high-revving twin-turbo motor

Steering wheel cluttered with buttons and controls

All-new model for 2016

Musical exhaust note

Rearview camera isn't a standard feature despite being super-expensive

Accurate steering feedback and engaging handling

Compromised rearward visibility with the top down

Specs & Features

$272,700

price

661 hp @ 8000 rpm

horsepower

561 lb.-ft. @ 3000 rpm

torque

7-Speed Automated Manual

transmission

3.9L 8cyl RWD 7AM

engine

-

basic warranty

Overview

The 2016 Ferrari 488 Spider Convertible makes for an excellent contender in the midsize convertible segment. With a single trim on offer, the Ferrari 488 Spider Convertible has a base MSRP of $276,450, competing directly with the Lamborghini Huracan Spyder Convertible, the Mclaren 650S Convertible, and the Aston Martin Vanquish Volante Convertible. Only a 3.9L twin-turbocharged V8 engine is offered, mated to a 7-speed dual-clutch automatic transmission. Together, they produce 661 horsepower and 561 lb-ft of torque. Accelerating from 0-60 in 3.0 seconds, the 488 Spider Convertible maintains a combined fuel economy of 18 MPG. Ferrari offers the 488 Spider Convertible in 28 stunning colors, with the Fiorano Red being a particular favorite of ours.

Buying Advice

The 2016 Ferrari 488 Spider Convertible is an artistically crafted supercar providing exceptional performance. It is a standalone trim while there are plenty of customization options offered by the brand including various carbon fiber trim parts. We would recommend spending $6,000 on the front and rear parking cameras.

Trims

    Base
    $272,700 onwards
    • 20-inch silver aluminum Wheels
    • AM/FM stereo
    • Dual Zone Front Automatic Air Conditioning
    • Parking assist
    • Rain Sensing Windshield wipers

Compare to similar cars

Price

$272,700

Engine

Gasoline

Rating

8.12

Horsepower

661 hp @ 8000 rpm

Torque

561 lb.-ft. @ 3000 rpm

Capacity

2

Read Review

$198,973

Gasoline

8.37

553 hp @ 7500 rpm

557 lb.-ft. @ 4750 rpm

4

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2016 Ferrari 488 Spider vs competitor's 0-60

    Car Name
    0-60 MPH
    Quarter Mile
    Top Speed
    SourceCompare
    3.1 sec10.6 sec205 mph
    3.3 sec11.3 sec196 mph

    2016 Ferrari 488 Spider vs competitor's MPG

      Car Name
      MPG City
      MPG Highway
      MPG Combined
      Fuel Tank Capacity
      Range (C/H)
      SourceCompare
      15 mpg22 mpg18 mpg22.7 gal.340.5/499.4 mi.
      16 mpg23 mpg18 mpg20.6 gal.329.6/473.8 mi.

      2016 Ferrari 488 Spider vs competitor's dimensions

        Car Name
        Length
        Width
        Height
        Ground Clearance
        Wheelbase
        SourceCompare
        179.8 in.76.9 in.47.7 in.6 in.104.3 in.
        179.9 in.75.2 in.52 in.4 in.105.1 in.

        2016 Ferrari 488 Spider vs competitor's trunk space

          Car Name
          Trunk Capacity
          Passenger Volume
          Max Trunk Volume
          SourceCompare
          8.1 cu.ft.98.9 cu.ft.83.1 cu.ft.
          12 cu.ft.94.3 cu.ft.12 cu.ft.

          2016 Ferrari 488 Spider vs competitor's cargo space

            Car Name
            Cargo Volume
            Cargo Volume w/ Seat Area
            Max Cargo Volume
            Bed Length
            SourceCompare
            83.1 cu.ft.8.1 cu.ft.83.1 cu.ft.61 ft.
            83.1 cu.ft.12 cu.ft.12 cu.ft.-

            2016 Ferrari 488 Spider vs competitor's towing capacity

              Car Name
              Weight
              SourceCompare
              3362 lbs.
              3813 lbs.

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