Ferrari 296 GTB

The Ferrari 296 GTB is trading at a median of US$316,000 in the US market, down 17.9% over the past twelve months—a sharp correction that signals material weakness in the segment. The SELL rating reflects downward momentum that shows no sign of stabilizing.

Transaction volume remains thin, with only five recorded sales in the last year and ten tracked across the full dataset. This sparse liquidity means buyers and sellers face wide bid-ask spreads and extended holding periods, typical of depreciating modern exotics that have failed to establish collector status.

The 296 GTB carries a collectibility score of 3 out of 10, classified as modest demand with low desirability. As a current-generation production model, it competes in a crowded hypercar marketplace and lacks the scarcity or pedigree that typically insulate values during downturns. Current inventory on the secondhand market stands at zero active listings, which does not offset the structural headwinds.

Average mileage on transacted examples sits at 596 miles, typical for near-new feraris that are treated as weekend depreciating assets rather than driven collectibles. This ultra-low usage pattern suggests owner turnover driven primarily by financial realities rather than mechanical wear.

The base case projects a further decline to US$285,370 by year three, representing a cumulative 9.7% drop from current levels. By year five, values are expected to settle near US$282,516, or approximately 10.6% below today's market median. Without a meaningful shift in collector demand or brand perception, the 296 GTB will likely stabilize only when depreciation reaches the point where entry-level pricing attracts a broader buyer pool.