Ferrari 296 GTB

The Ferrari 296 GTB sits at a median of £218,050 in the UK market, down 17.9% over the past twelve months—a sharp depreciation signal that reflects softer demand for this relatively recent hybrid model. With only five recorded sales tracked over the period, the market is showing a clear SELL signal against what appears to be an ongoing downward trajectory.

Liquidity remains thin, with no active listings currently recorded and a small sample size limiting visibility into active trading. This scarcity of transactions makes price discovery challenging and suggests that owners face a narrowing window of motivated buyers, particularly at asking prices anchored to earlier valuations.

The 296 GTB carries a modest collectibility score reflecting low desirability at present. Average mileage on transacted cars stands at 646 miles, indicating most sales have involved barely-driven examples—yet even pristine condition has not arrested the downward pricing trend, suggesting the depreciation is structural rather than condition-driven.

Looking ahead, the base projection calls for a further 9.7% decline over three years to around £196,914, with the five-year outlook showing cumulative depreciation of 10.6% to approximately £194,945. This modest additional erosion reflects the car's classification as a depreciating modern with limited hedge characteristics against time and mileage.

The 296 GTB's hybrid powertrain and recent market entry position it outside the collectible tier that commands stability. Until the model acquires either scarcity status or clearer historic significance, current owners should expect gradual but steady value loss aligned with normal modern supercar depreciation cycles.