Ferrari 296 GTB

The Ferrari 296 GTB has settled at a median of $499,621 AUD in the Australian market, down 17.9 percent over the past twelve months. With only a single transaction tracked in that period, the price signal carries medium confidence but clearly points to depreciation pressure on this modern production model.

Liquidity remains severely constrained, with zero active listings and just one sale in the past year. This illiquid condition means buyers face difficulty sourcing examples and sellers may encounter extended holding periods or require pricing concessions to move inventory.

The 296 GTB sits in the depreciating modern tier with very low desirability in this market. Modest demand and the model's relatively high production volume limit collectibility appeal compared to scarcer Ferrari generations, positioning it as a consumer sports car rather than an appreciating classic.

The three-year projection suggests a further 9.7 percent decline to approximately $451,000, while the five-year base case points to $446,700, representing cumulative losses of around 10.6 percent from current levels. This gradual depreciation trajectory reflects the car's classification as a modern depreciating asset with limited prospect for appreciation in the near to medium term.

Current market conditions and the extended depreciation outlook favor neither holding nor aggressive buying at this juncture. Owners should evaluate personal use value against carrying costs, while prospective buyers would be wise to await either stabilization signals or further price adjustment before committing capital.