CarCostCheck

FERRARI 488 GTB (2018)

Running costs, common problems, and reliability data based on 50 real MOT tests in 2024.

MOT Pass Rate

94%

Total Tests (2024)

50

Avg Mileage

9,156 mi

Est. Annual Cost

£2,037

Is the 2018 FERRARI 488 GTB reliable?

Excellent reliability. Very few MOT failures. That's 12 points above the national average of 82%.

At 6 years old, 94% of FERRARI 488 GTBs from 2018 passed their MOT first time in 2024. That's based on 50 tests across the UK. The average mileage at this age is 9,156 miles.

How does the 2018 FERRARI 488 GTB compare?

Rank among all 2018 cars158th out of 649(top 24%)
Rank among all FERRARI models120th out of 149(top 81%)
vs national average+12% (82% avg)
vs 2018 cars average+5% (89% avg)
vs FERRARI average-2% (96% avg)

Mileage Analysis

The average 2018 FERRARI 488 GTB has 9,156 miles on the clock, which is significantly below the expected 44,400 miles for a 6-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.

How much does a 2018 FERRARI 488 GTB 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.

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About the 2018 FERRARI 488 GTB

The 2018 FERRARI 488 GTB is a luxury with a 3902cc petrol engine. 50 of these vehicles were MOT tested in 2024, making it a rare model on UK roads. It ranks in the top 24% of all 2018 cars for reliability.

With an average of 9,156 miles at 6 years old, FERRARI 488 GTB 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.

2018 FERRARI 488 GTB 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 2018 FERRARI 488 GTB?

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 94% pass rate. These cars rarely fail their MOT, so unexpected bills are less likely.

Buying a Used 2018 FERRARI 488 GTB

At 6 years old, the FERRARI 488 GTB offers good value with plenty of life remaining. Most manufacturer warranties will have expired, so a pre-purchase inspection is worth the cost. Note: with only 50 tests in our data, these figures should be treated as indicative rather than definitive.

Alternatives to the 2018 FERRARI 488 GTB

If reliability is your priority, there are 2 similar cars with a higher MOT pass rate. Here are comparable petrol cars with similar engines: