488 price in Mumbai starts from ₹ 460.64 Lakh and goes upto ₹ 481.09 Lakh for top model Spider. This is 488 on-road price in Mumbai which includes RTO or Registration Cost, Insurance Cost, and other mandatory accessories like fast tag.
Filter ByFuel type, Transmission and Seating Capacity
Petrol
Automatic
2 Seater
Variants
Price in Mumbai
488 GTB price in Mumbai
Ex-Showroom Price
This price includes GST and any state/city entry tax. However, the ex-show room price does not include RTO,
Insurance, Fast tag, and other accessories cost.
₹ 3,69,38,150
RTO
Road Tax or registration tax This varies from city to city.
₹ 74,33,181
Insurance
The insurance cost on CarTrade covers 1-year comprehensive insurance cost with 95% IDV and 3-year third-party insurance cost.
IDV - it is the max amount you will receive if your vehicle is stolen or completely damaged.
Third-party insurance - If you met with an accident with another vehicle, third-party insurance covers cost against damages to the other vehicle
or the owner/driver of the other vehicle. It is helpful in the event of an accident by your mistake.
Insurance is mandatory for every vehicle as per the Indian Govt laws.
₹ 14,15,515
On-Road Price, Mumbai
The final price you will need to pay to purchase the car in your city.
On-road price = ex-showroom price + RTO + Insurance + Fast tag and other accessory charges.
Fuel Type: Petrol Engine: 3902 cc (Higher engine size helps to generate more power) Transmission: Automatic (In semi-automatic transmission cars, Gear shifting is handled by the car itself like an automatic car but gear shifting may not be as smooth as an automatic car) Mileage: 8.77 kmpl (ARAI reported mileage)
This price includes GST and any state/city entry tax. However, the ex-show room price does not include RTO,
Insurance, Fast tag, and other accessories cost.
₹ 4,40,00,000
RTO
Road Tax or registration tax This varies from city to city.
₹ 20,50,000
Insurance
The insurance cost on CarTrade covers 1-year comprehensive insurance cost with 95% IDV and 3-year third-party insurance cost.
IDV - it is the max amount you will receive if your vehicle is stolen or completely damaged.
Third-party insurance - If you met with an accident with another vehicle, third-party insurance covers cost against damages to the other vehicle
or the owner/driver of the other vehicle. It is helpful in the event of an accident by your mistake.
Insurance is mandatory for every vehicle as per the Indian Govt laws.
₹ 17,28,198
On-Road Price, Mumbai
The final price you will need to pay to purchase the car in your city.
On-road price = ex-showroom price + RTO + Insurance + Fast tag and other accessory charges.
Fuel Type: Petrol Engine: 3902 cc (Higher engine size helps to generate more power) Transmission: Automatic (In semi-automatic transmission cars, Gear shifting is handled by the car itself like an automatic car but gear shifting may not be as smooth as an automatic car) Mileage: 8.77 kmpl (ARAI reported mileage)
Ferrari 488 price in Mumbai - ₹ 4.61 Crore to ₹ 4.81 Crore.
Ferrari 488 comes in 2 variants with 1 fuel type (Petrol ) and 1 transmission option (Automatic ).
488 base variant GTB priced at ₹ 4.61 Crore. It comes with a 3902 cc Petrol engine and Automatic transmission.
488 top model price in Mumbai is ₹ 4.81 Crore. 488 top model - Spider comes with a 3902 cc Petrol engine and Automatic transmission.
The below table gives 488 variant-wise on-road price in Mumbai.
The price of Ferrari 488 in Mumbai starts from ₹ 4.61 Crore and goes upto
₹ 4.81 Crore. This is the on-road or all inclusive price of 488 as on Nov 2024.
This includes all the charges including RTO cost registration charges, and insurance cost.
Insurance cost for the entry level model Ferrari 488 GTB is ₹ 14,15,515. It goes upto ₹ 17,28,198 for the top end model Ferrari 488 Spider. As per the government laws, it is made compulsory for
every car owner to have a car insurance attached to his or her car as per Motor Vehicle Act of 2019.
EMI for Ferrari 488 starts from ₹ 7,48,972 for a 5 years loan. (Loan Details - Version,
₹ 91,25,732 Down payment, ₹ 3.69 Crore Loan anount, 8% interest rate).
For the base model 488 , whose price is ₹ 4.61 Crore, you will need to do a down payment of
₹ 91,25,732. One generally gets a loan for a 100% ex-showroom value of the car. The remaining money is required to be paid upfront as down-payment. Your EMI amount will be
₹ 7,48,972 for a 5 years loan.
RTO or Govt Registration cost for the entry level Ferrari 488 model 488 is ₹ 74,33,181 in Mumbai. It goes upto ₹ 20,50,000 for the top end model 488 Spider. This is a one-time cost and you will not need to incur any further cost for 8 years.
488 Spider is the most expensive 488 version sold by Ferrari in India.
488 Spider is priced at ₹ 4.81 Crore in Mumbai.
