Ferrari 296 GTB

The Ferrari 296 GTB in Australia is tracking at AUD $471,212 as of the latest transaction, down 17.9% over the past twelve months. The market signal is clearly negative, with depreciation momentum outpacing any stability typical of modern Ferrari models.

Liquidity is severely constrained, with only a single recorded sale in the tracked period. The absence of active listings underscores how few examples are moving through the Australian market, creating a thin and unpredictable price discovery environment for both buyers and sellers.

The 296 GTB carries modest collectibility credentials and very low desirability in this geography. Modern hybrid-powered Ferraris remain in the depreciating phase of their cycle, with no near-term shift toward appreciation signals evident in available data.

The three-year base projection sits at AUD $425,538, implying a further 9.7% decline from current levels. Over five years, the model is expected to reach approximately AUD $421,282, representing a cumulative loss of roughly 10.6% from today's asking price.

The fundamental headwind is straightforward: modern Ferraris, particularly those with hybrid drivetrains, have not yet established the scarcity cachet or enthusiast premium that would reverse depreciation. Until either production-weighted rarity or collector sentiment shifts materially, downside pressure should be anticipated.