CarCostCheck

FERRARI 488 (2017)

Running costs, common problems, and reliability data based on 1,489 real MOT tests in 2024.

MOT Pass Rate

99%

Total Tests (2024)

1,489

Avg Mileage

10,643 mi

Est. Annual Cost

£2,037

Is the 2017 FERRARI 488 reliable?

Excellent reliability. Very few MOT failures. That's 17 points above the national average of 82%.

At 7 years old, 99% of FERRARI 488s from 2017 passed their MOT first time in 2024. That's based on 1,489 tests across the UK. The average mileage at this age is 10,643 miles.

How does the 2017 FERRARI 488 compare?

Rank among all 2017 cars24th out of 579(top 4%)
Rank among all FERRARI models34th out of 149(top 23%)
vs national average+17% (82% avg)
vs 2017 cars average+12% (87% avg)
vs FERRARI average+3% (96% avg)

Mileage Analysis

The average 2017 FERRARI 488 has 10,643 miles on the clock, which is significantly below the expected 51,800 miles for a 7-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.

Best year to buy a FERRARI 488?

The most reliable year is the 2018 model with a 99% MOT pass rate, while the 2016 model has the lowest at 98%. The 2017 sits between the two at 99%.

How much does a 2017 FERRARI 488 cost to run?

Fuel (Petrol, 3902cc)
£1,592
🏛️Road Tax
£190
🔧MOT Test
£55
🛠️Predicted Repairs
£200
Total per year£2,037
Per month£170/mo

Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT pass rate data. Insurance not included.

FERRARI 488 by Year

YearPass RateTestsAvg Mileage
201999%3738,797 mi
201899%1,51210,524 mi
201799%1,48910,643 mi
201698%1,07613,585 mi
2015100%4815,774 mi

Checking a specific FERRARI 488?

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About the 2017 FERRARI 488

The 2017 FERRARI 488 is a luxury with a 3902cc petrol engine. 1,489 of these vehicles were MOT tested in 2024, making it a reasonably common sight on UK roads. It ranks in the top 4% of all 2017 cars for reliability.

With an average of 10,643 miles at 7 years old, FERRARI 488 owners tend to use this car less than the typical driver. Very low mileage could mean the car has been garaged or used only for short trips, which can cause its own issues like battery drain and moisture buildup.

2017 FERRARI 488 Fuel Costs

The 3902cc petrol engine is on the larger side, so fuel won't be this car's strong point. Expect around 30 mpg in mixed driving, which works out to roughly £1,592 per year at current petrol prices of 142p per litre (based on 7,400 miles per year).

What does it cost to own a 2017 FERRARI 488?

Total estimated annual running cost is £2,037 170/month), broken down as £1592 fuel, £190 road tax, £55 MOT, and £200 predicted repairs. The low repair estimate reflects the excellent 99% pass rate. These cars rarely fail their MOT, so unexpected bills are less likely.

FERRARI 488 Reliability Trend

The FERRARI 488 has maintained consistent MOT pass rates across model years, varying by only 1 percentage points.

Buying a Used 2017 FERRARI 488

At 7 years old, this is a solid used buy if you find one with good service history. Depreciation has levelled off, so you won't lose much more value. Focus on condition over mileage. If you're flexible on year, the 2018 model has the highest pass rate at 99%.

Alternatives to the 2017 FERRARI 488

The FERRARI 488 is actually the most reliable option among similar petrol luxurys from this era. Here are comparable petrol cars with similar engines: