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2023 Ferrari 296 GTB Overview, Reviews, Ratings & Specs

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Drew B | March 31, 2025
The 2023 Ferrari 296 GTB marks a return to Ferrari's V6 roots, blending hybrid technology with exhilarating performance. It's a mid-engine, two-seater Berlinetta (coupe) showcasing Ferrari's innovative approach. The 296 GTB is available in a single trim, with options to enhance performance and luxury. Its starting price hovers around $340,000, and its popularity stems from its electrifying power, advanced technology, and stunning design, offering a unique driving experience.
The Good

The 2023 Ferrari 296 GTB excels in performance with its hybrid V6 delivering immense power. Its design is stunning, evoking strong emotional appeal. While reliability can be a concern for exotics, Ferrari has improved. Efficiency is surprisingly good for its class thanks to the hybrid system. The technology and driving experience justify its value for those seeking a thrilling and visually striking car.

The Bad

Potential weaknesses of the 2023 Ferrari 296 GTB include the complex hybrid system, which might present long-term reliability challenges. High repair costs are expected, typical for exotic cars. Watch for potential electronic glitches, and be mindful of the limited range in electric-only mode. Some may find the ride harsh for daily driving.

2023 Ferrari 296 GTB: Quick Overview

  • Engine Options: 3.0L Twin-Turbocharged V6 with Plug-in Hybrid System
  • Horsepower: 819 hp (combined)
  • Fuel Economy: 18 mpg combined (estimated, varies greatly with driving style)
  • 0-60 mph: Approximately 2.9 seconds
  • Towing Capacity: Not applicable (Ferrari does not recommend towing)
  • Trim-Level Features: The 2023 Ferrari 296 GTB is primarily offered in a single, highly configurable trim. Key features include:
    • Advanced aerodynamics including active rear spoiler.
    • Carbon-ceramic brakes.
    • Adaptive suspension.
    • High-performance tires.
    • Leather and Alcantara interior upholstery.
    • Digital instrument cluster.
    • Infotainment system with navigation and smartphone integration.
    • Numerous carbon fiber options for interior and exterior.
    • Optional Assetto Fiorano package for enhanced track performance, including Multimatic dampers, carbon fiber aero elements, and lightweight materials.
    • Extensive customization options through Ferrari's Tailor Made program.
  • Drivetrain: Rear-Wheel Drive
  • Transmission: 8-speed dual-clutch automatic

2023 Ferrari 296 GTB Specifications

Vehicle Information
Year 2023
Make Ferrari
Model 296 GTB
Trim -
Style Rear-Wheel Drive
Type Coupe
Category Coupe
Manufacturing Details
Made In Italy
Manufacturing City MODENA
Dimensions
Doors 2-Door
Curb Weight -
Gross Vehicle Weight Rating 2267.96 kg
Overall Height -
Overall Length -
Overall Width -
Wheelbase Length -
Standard Seating 2
Engine & Performance
Engine V-6
Engine Size 3L
Engine Cylinders 6
Transmission 8-Speed Automatic
Transmission Type Automatic
Transmission Speeds 8-Speed
Drivetrain Rear-Wheel Drive
Additional Features
Anti-Brake System Standard
Steering Type -
Pricing
Manufacturer Suggested Retail Price (MSRP) -
Invoice Price -
Delivery Charges -

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Analysis

What Problems Does the 2023 Ferrari 296 GTB Have?

As a relatively new model, the 2023 Ferrari 296 GTB doesn't have a long history of frequently reported problems. However, some concerns typical of high-performance, technologically advanced vehicles and Ferraris in general, should be considered. Potential issues revolve around the complex hybrid system. Battery degradation over time and potential for electrical glitches could arise.

Early adopters of hybrid technology in performance vehicles have sometimes faced challenges with battery management systems and inverter failures. While Ferrari has made significant strides in reliability, the intricate nature of the 296 GTB's powertrain increases the potential for problems. Carbon ceramic brakes, while providing exceptional stopping power, can be costly to replace. Specific recall information should be monitored through official channels like the NHTSA (National Highway Traffic Safety Administration).

Long-term reliability will largely depend on meticulous maintenance and driving habits. Ferrari's advanced diagnostics systems are designed to identify potential issues early, but proactive maintenance is crucial. Owners should also be aware that the hybrid system's performance may degrade gradually over several years, affecting overall power output and fuel economy. Staying updated on technical service bulletins (TSBs) and promptly addressing any identified issues can mitigate long-term reliability concerns.

How long will the 2023 Ferrari 296 GTB last?

Due to its exotic nature, the 2023 Ferrari 296 GTB isn't typically driven as a daily vehicle. Many owners might accumulate only a few thousand miles per year. With diligent maintenance, a 296 GTB can provide many years of service. However, expect potential issues to surface as the car ages, particularly concerning the hybrid system's battery and electronics. Regular servicing and preventative maintenance are crucial for maximizing its lifespan. Weaknesses may emerge in the carbon fiber components over time due to exposure to the elements, though this is usually cosmetic.

What Technology & Safety Features are Included?

The 2023 Ferrari 296 GTB boasts a sophisticated array of technology. The infotainment system features a central touchscreen display, navigation, and smartphone integration via Apple CarPlay and Android Auto. A digital instrument cluster provides critical vehicle information. Driver-assistance features are somewhat limited compared to mainstream cars, focusing primarily on performance enhancement and safety at high speeds. These include advanced stability control, traction control, and ABS.

Optional features include a head-up display, parking sensors, and a rearview camera. The Assetto Fiorano package adds performance-focused upgrades. Safety features include multiple airbags, but due to its low production volume and exotic nature, the 296 GTB has not been crash-tested by organizations like NHTSA or IIHS. Ferrari prioritizes active safety systems and driver skill to mitigate risks. The car's design and construction also contribute to structural integrity in the event of a collision. The emphasis is on avoiding accidents through superior handling and braking capabilities rather than relying solely on crash protection systems.

What Colors Options are Available?

Exterior Colors
Rosso Corsa
Giallo Modena
Blu Pozzi
Nero Daytona
Bianco Avus
Grigio Alloy
Rosso Mugello
Argento Nurburgring
Blu Tour de France
Verde British
Interior Colors
Cuoio
Nero
Rosso Ferrari
Beige Tradizione
Terra Bruciata
Cioccolato
Blu Sterling
Grigio Chiaro
Sabbia
Carta Da Zucchero

2023 Ferrari 296 GTB Prices and Market Value

The 2023 Ferrari 296 GTB had a starting price around $340,000 when new, but with options, the price could easily exceed $400,000. Given its limited production and desirability, depreciation is relatively slow compared to mainstream vehicles. Used market prices are likely to remain close to the original MSRP, especially for well-maintained examples with low mileage and desirable options. Factors affecting resale value include mileage, condition, options (especially the Assetto Fiorano package), and overall market demand for Ferraris. Expect depreciation to be minimized in the short term due to its rarity.

2023 Ferrari 296 GTB Cost of Ownership

The 2023 Ferrari 296 GTB is undeniably costly to own. Insurance premiums will be very high due to the vehicle's value and performance. Fuel costs are significant despite the hybrid system. Maintenance, including specialized servicing and potential repairs, is expensive. Parts can be difficult to source and require expert installation. Long-term ownership costs are substantially higher than those of mainstream vehicles. The 296 GTB is not economical; it's a luxury expense.

2023 Ferrari 296 GTB Fuel Efficiency

Fuel Type Electric
Fuel Capacity -
City Mileage -
Highway Mileage -

2023 Ferrari 296 GTB Insurance

Insurance for a 2023 Ferrari 296 GTB is moderately priced, reflecting its status as a Coupe with strong safety ratings and
reasonable repair costs.

How Does the 2023 Ferrari 296 GTB Compare to Other Coupe?

The 2023 Ferrari 296 GTB competes with other mid-engine supercars such as the McLaren Artura, Lamborghini Huracan Tecnica, and Porsche 911 Turbo S. In terms of performance, the 296 GTB offers comparable acceleration and top speed to its rivals, thanks to its powerful hybrid V6. Features are generally similar across these vehicles, with emphasis on performance-enhancing technologies and luxurious interiors.

Reliability is a key differentiating factor. Porsche generally enjoys a reputation for superior reliability compared to Ferrari and McLaren. The Lamborghini, while visually striking, falls somewhere in the middle. Price-wise, the 296 GTB is competitive within its class, although customization options can significantly increase the final cost.

A potentially better alternative, depending on priorities, is the Porsche 911 Turbo S, offering similar performance with potentially better reliability and a slightly lower price point. For those prioritizing pure drama and sound, the Lamborghini Huracan Tecnica offers a unique and visceral experience. The McLaren Artura offers similar hybrid technology, but with McLaren's own distinctive engineering. Ultimately, the best choice depends on individual preferences and priorities.

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15 2023 Ferrari 296 GTB (0.0★)

Final Verdict: Is the 2023 Ferrari 296 GTB a Good Coupe?

The 2023 Ferrari 296 GTB is ideal for driving enthusiasts seeking a cutting-edge, high-performance supercar with a unique hybrid powertrain and striking design. It's worth buying for those who appreciate Ferrari's engineering and are willing to accept the associated costs of ownership. Buying new allows for full customization, but a well-maintained used model with desirable options, especially the Assetto Fiorano package, can offer significant value. Be prepared for high running costs and potential reliability quirks inherent in exotic cars. It's a thrilling, but demanding, ownership experience.

2023 Ferrari 296 GTB Owner Reviews

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Drew B

Drew is a seasoned automotive expert and contributor to VinCheck.info. With nearly 15 years of experience as a former Porsche technician, he brings a wealth of hands-on knowledge to his writing. Born in North Carolina, a region renowned for its deep-rooted NASCAR culture, Drew developed a passion for cars early in life, often building and working on vehicles from a young age. At VINCheck, Drew leverages his extensive technical background to provide in-depth analyses of various vehicles. His articles often focus on engine performance, reliability, and maintenance insights, offering readers practical information grounded in real-world experience. Some of his notable contributions include reviews on the Mazda CX-5's longevity and detailed examinations of engine options for models like the 2011 Toyota Camry and Tacoma