Skip advert
Advertisement

Ferrari 488 GTB – MPG and running costs

Impossibly fast when new and still has all the performance you could possibly use on the road today

Evo rating
  • Magnificent powertrain, sublime chassis
  • Misses the noise and response of the NA V8s

The Ferrari uses some fuel and if you have to ask how much it costs to run, you probably can’t afford it. On a serious note, Ferrari claims 24.8mpg on the combined cycle and its 3.9-litre V8 produces 260g/km of CO2. Every new Ferrari also comes with a seven-year general maintenance programme and a standard three-year warranty.

Advertisement - Article continues below

In reality, driven in a way to enjoy its performance, a 488 GTB will return low to mid teens mpg, single figures on track. On the run back from the north-east of Scotland on evo Car of the Year 2015, we averaged 22mpg, which isn’t to be sniffed at considering an Aventador SV returned exactly half that.

Ferrari's factory-backed, comprehensive standard warranty covers four years, and extensions up to 12 years are also available. A Ferrari Genuine Maintenance programme is also offered on all new models, covering all scheduled maintenance for the first seven years, with unlimited mileage and no restriction on annual servicing - so if you cover unusually high mileage, the package will allow you to get the car serviced more than once a year.

Skip advert
Advertisement
Skip advert
Advertisement

Most Popular

Four modern classic sports cars that cost a fraction of their modern equivalents
Cheap sports cars
Best cars

Four modern classic sports cars that cost a fraction of their modern equivalents

A new 911 is over £100,000, a new Lotus Evora just under, a new Vantage just over £160,000. Save a fortune and buy their modern classic ancestors
5 Feb 2026
The Ferrari Luce has an interior designed by Apple’s Jony Ive – we take a look
Ferrari Luce interior
News

The Ferrari Luce has an interior designed by Apple’s Jony Ive – we take a look

We’ve seen the powertrain, now we head to San Francisco to get hands on with the bold new interior for Ferrari’s very first EV: the Luce
10 Feb 2026
Ferrari 360 Challenge Stradale (2003 - 2004) review – the original 911 GT3 RS rival
Ferrari 360 Challenge Stradale
Reviews

Ferrari 360 Challenge Stradale (2003 - 2004) review – the original 911 GT3 RS rival

Ferrari’s 360 Challenge Stradale set the template for Maranello’s lightened, hardcore mid-engined specials
10 Feb 2026