Ferrari 296 GTB

The Ferrari 296 GTB in Australia has retreated to a median of AUD $471,212, down 17.9 percent over the past year on the back of a single tracked transaction. The sell signal reflects both the steep recent decline and the car's placement in the depreciating modern segment, where early-model depreciation remains the dominant dynamic.

Liquidity is severely constrained in the Australian market, with only one sale recorded in the trailing twelve months and zero active listings at the time of this report. This illiquid environment means that pricing discovery is difficult and execution risk is material for any seller attempting to move inventory.

The 296 GTB carries modest collectibility demand and very low desirability scores, a reflection of the model's recent introduction and its classification as a contemporary production car rather than a future classic. Without scarcity or heritage appeal to support values, the car remains vulnerable to the standard depreciation curve that affects all new supercars in their early years.

Over the next three years, the base projection calls for a further decline to AUD $425,538, representing a 9.7 percent slide from current levels. The five-year outlook suggests stabilisation around AUD $421,282, with total depreciation of 10.6 percent from today—a modest additional move that reflects the car's eventual shift out of the steepest depreciation phase.

The Australian market for this model remains too thin to support confident pricing. Prospective sellers should weigh the illiquidity risk and consider whether holding costs justify waiting for a more robust buyer pool to emerge.