At a glance
About this car
The 2025 Ferrari 296 GTS delivers a captivating blend of hybrid performance and open-air driving in its signature Red exterior finish. This targa model pairs the vibrant coachwork with a refined Black interior, creating a striking contrast that highlights the car's sculpted lines and aerodynamic presence. At its core sits a 3.0L V6 engine in a plug-in hybrid electric powertrain, mated to an automatic transmission and rear-wheel drive for precise handling and exhilarating response.
With just 39 miles recorded, this example remains in pristine condition and ready for its next owner to experience Ferrari's latest evolution in grand touring capability. The efficient hybrid system offers strong electric range alongside the brand's characteristic V6 soundtrack when desired.
Price vs. market
Strong Value $100,708 (24%) below the median of 155 comparable listings.
- This car
- $319,990
- Median asking
- $420,698
- Comparables
- 155 · 2023–2026
- Median mileage
- 1,064 mi (this car 39)
Compared with other active listings of the same model (model years ±2) on Exotics Group. These are dealers' asking prices, not sale prices, and condition, options, mileage and history are not adjusted for.
About the Ferrari 296 GTS
- Production
- 2022–present
- Est. units built
- 1,800
- Cylinders
- 6
- Powertrain
- PHEV
- Body
- Convertible
The Ferrari 296 GTS, introduced in 2022, is a plug-in hybrid convertible sports car and the open-top variant of the 296 GTB. Production is ongoing as of 2023, with no official figures on total units produced; however, Ferrari typically limits production of such models to maintain exclusivity, appealing to exotic car collectors. Estimates suggest annual production in the low hundreds, aligning with Ferrari's strategy for mid-engine V6 models.
Powered by a 3.0-liter twin-turbo V6 engine paired with an electric motor, the 296 GTS delivers a combined output of 819 horsepower, achieving 0-60 mph in approximately 2.9 seconds and a top speed of over 205 mph. Its retractable hardtop, which operates in 14 seconds, adds to its allure as a versatile grand tourer. The hybrid system offers up to 15.5 miles of electric-only range, a notable feature for modern Ferrari engineering. As a recent model, value trends are speculative, but early demand and limited production suggest strong appreciation potential, especially for early or special-edition units. Its significance lies in being Ferrari's first V6 hybrid convertible, marking a pivotal shift toward electrification in the brand’s lineup.
From the Journal
Nov 3, 2026
First-Time Supercar Buyer, Part 1: The Market Landscape for First-Time Buyers
Part 1 of First-Time Supercar Buyer: what an entry-level exotic costs in 2026, with current Exotics Group asking prices, Bring a Trailer...
Oct 19, 2026
Ferrari's Last Naturally Aspirated V8 Special Series: 2026 Market Report on the Challenge Stradale, 430 Scuderia and 458 Speciale
A data-driven 2026 market report on Ferrari's naturally aspirated V8 special series (360 Challenge Stradale, 430 Scuderia/16M, 458...
Aug 26, 2026
exoticsgroup.com