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2024 Ferrari 296 GTB Overview, Reviews, Ratings & Specs

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Eugene S | October 16, 2025
The 2024 Ferrari 296 GTB is a mid-engine hybrid sports car, a significant evolution for the brand. Introduced for the 2022 model year, it represents Ferrari's first V6-powered mid-rear-engined supercar. Available in a single, highly customizable GTB trim, its pricing starts around $320,000. Its popularity stems from its groundbreaking hybrid powertrain, offering exhilarating performance combined with unprecedented efficiency for a Ferrari, wrapped in a stunning, aerodynamic design.
The Good

The 2024 Ferrari 296 GTB offers blistering performance via its hybrid V6, thrilling drivers. Its advanced design captivates emotionally, while the hybrid system provides surprising efficiency for a supercar. Reliability, while always a consideration with high-performance vehicles, benefits from Ferrari's engineering. It offers exceptional value for those seeking cutting-edge technology and an unforgettable driving experience.

The Bad

Potential buyers of the 2024 Ferrari 296 GTB should be aware of its extremely high purchase price and the associated ownership costs. The complexity of its hybrid powertrain, while powerful, could introduce potential long-term maintenance challenges and costs. Limited rearward visibility due to its design is also a common concern in supercars of this caliber.

2024 Ferrari 296 GTB: Quick Overview

  • Engine Options: The 2024 Ferrari 296 GTB features a single, groundbreaking powertrain: a 3.0-liter twin-turbocharged V6 engine paired with an electric motor.
  • Horsepower: This hybrid system produces a combined output of 819 horsepower and 741 lb-ft of torque. The V6 alone generates 654 horsepower, with the electric motor contributing an additional 165 horsepower.
  • Fuel Economy: Official EPA estimates are not yet widely published for the 2024 model, but its hybrid nature suggests significantly improved fuel economy over traditional V8 or V12 Ferraris. Expect figures in the low to mid-teens for combined MPG in gasoline-only mode, with potential for much higher efficiency when utilizing electric power for shorter distances.
  • 0-60 Times: The 296 GTB is incredibly rapid, with 0-60 mph acceleration times quoted at around 2.9 seconds.
  • Towing Capacity: Not applicable. This is a pure performance supercar designed for track and road exhilaration, not utility.
  • Trim-Level Features: The 2024 Ferrari 296 GTB is offered in a single, highly configurable GTB trim. Standard features include an advanced hybrid powertrain, active aerodynamics, magnetic ride control suspension, carbon-ceramic brakes, premium interior materials (leather, Alcantara), a digital instrument cluster, infotainment system with Apple CarPlay and Android Auto, advanced driver-assistance systems, and extensive customization options through Ferrari's Tailor Made program. An optional Assetto Fiorano package enhances track performance with lightweight materials, aggressive aero, and specialized tires.

2024 Ferrari 296 GTB Specifications

Vehicle Information
Year 2024
Make Ferrari
Model 296 GTB
Trim -
Style Coupe
Type Coupe
Category Coupe
Manufacturing Details
Made In Italy
Manufacturing City MARANELLO
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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What Problems Does the 2024 Ferrari 296 GTB Have?

As the 2024 Ferrari 296 GTB is a relatively new model, extensive long-term reliability data and frequently reported problems are still emerging. Early model years (2022/2023) of the 296 GTB have not been subject to widespread recalls, which is a positive sign for a complex hybrid supercar. However, given the sophisticated hybrid powertrain integrating a V6 engine and electric motor, potential concerns could arise over time related to the battery system, power electronics, and the intricate control software. Like many high-performance vehicles, the longevity and reliability are heavily dependent on meticulous adherence to Ferrari's recommended maintenance schedule, which is typically stringent and can be costly. Owners should expect that while the core V6 engine might be robust, the integration of the hybrid components presents a higher degree of complexity that may lead to more specialized and potentially expensive repairs if issues do arise. It is prudent for prospective buyers to consider purchasing extended warranties and to be prepared for a higher than average cost of ownership in terms of maintenance and potential repairs, especially as the vehicle ages. Information on specific widespread issues by model year is limited at this time, but ongoing monitoring of owner forums and official service bulletins will be crucial for long-term ownership.

How long will the 2024 Ferrari 296 GTB last?

Estimating average mileage for a 2024 Ferrari 296 GTB is challenging as many owners treat them as collector's items or weekend toys, accumulating less than 5,000 miles per year. However, with diligent adherence to Ferrari's comprehensive maintenance schedule, which includes regular fluid changes, component inspections, and software updates, the 296 GTB is engineered for longevity. The V6 engine itself is expected to be durable, but the hybrid system's long-term durability, particularly the battery pack and associated electronics, remains a point of interest. Owners can realistically expect to enjoy the vehicle for well over 10-15 years or 100,000+ miles, assuming proactive maintenance and addressing any emerging issues promptly. Weaknesses over time could be related to the cost of battery replacement if needed outside of warranty, and potential wear on specialized performance components.

What Technology & Safety Features are Included?

The 2024 Ferrari 296 GTB integrates cutting-edge technology to enhance both the driving experience and safety. The infotainment system features a digital instrument cluster that is highly customizable, displaying vital information and navigation. It includes a touchscreen interface for controlling various vehicle functions, climate settings, and media. Apple CarPlay and Android Auto integration are standard, ensuring seamless connectivity with smartphones. For an engaging audio experience, a premium sound system is available. Ferrari's focus on driving dynamics means driver-assistance features are subtly integrated, prioritizing driver engagement. While specific crash-test ratings from organizations like NHTSA or IIHS are not typically conducted for such low-volume, exotic supercars, Ferrari vehicles are built to exceptionally high safety standards, incorporating robust chassis construction, advanced airbag systems, and sophisticated electronic stability control. Optional features often include enhanced telematics for performance data logging and remote monitoring. Advanced driver-assistance systems might be less prevalent compared to mainstream luxury vehicles, as the brand prioritizes the driver's direct control and feedback. However, features like parking sensors and a rearview camera are standard for practicality. The overall tech package aims to complement the raw performance without distracting from it, offering a blend of modern convenience and driver-focused functionality.

What Colors Options are Available?

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2024 Ferrari 296 GTB Prices and Market Value

The 2024 Ferrari 296 GTB had a Manufacturer's Suggested Retail Price (MSRP) starting around $320,000 when new, though extensive customization options through Ferrari's Tailor Made program can significantly increase this figure. Currently, on the used market, prices for the 2023 and 2024 model years typically hover between $350,000 and $450,000, depending on mileage, condition, and specific options. Depreciation on such a high-demand exotic is generally slower than for mainstream luxury cars. Factors affecting resale value include low mileage, desirable factory options (like the Assetto Fiorano package or unique paint colors), a complete service history, and the overall condition of the vehicle. Well-maintained, low-mileage examples often hold their value exceptionally well, and in some cases, may even appreciate, especially if production numbers are limited or desirability increases.

2024 Ferrari 296 GTB Cost of Ownership

The 2024 Ferrari 296 GTB is unequivocally a costly vehicle to own. Insurance premiums will be exceptionally high due to its value, performance, and exotic nature. Fuel costs will also be significant, though the hybrid system offers some efficiency gains over pure internal combustion engine Ferraris. Maintenance is a major expense, with scheduled services requiring specialized technicians and expensive OEM parts. Repairs, especially those involving the complex hybrid system or bespoke components, can run into tens of thousands of dollars. It is far from economical to own, with total cost of ownership being a substantial investment for any owner.

2024 Ferrari 296 GTB Fuel Efficiency

Fuel Type Electric
Fuel Capacity 45.42 liters
City Mileage 5.57 km/l
Highway Mileage 4.55 km/l

2024 Ferrari 296 GTB Warranty

Basic
Original warranty 0 months / No data
Estimated remaining Expired
Powertrain
Original warranty 0 months / No data
Estimated remaining Expired
Rust
Original warranty 0 months / No data
Estimated remaining Expired

2024 Ferrari 296 GTB Insurance

Insurance for a 2024 Ferrari 296 GTB is moderately priced, reflecting its status as a Coupe with strong safety ratings and
reasonable repair costs.

How Does the 2024 Ferrari 296 GTB Compare to Other Coupe?

The 2024 Ferrari 296 GTB competes in a rarefied segment against formidable rivals. In terms of raw performance, its 819 horsepower hybrid V6 powertrain places it squarely against electrified hypercars like the McLaren Artura and the Porsche 911 Turbo S. The Artura offers a similarly potent hybrid V6 but with a slightly different character and focus on lightweight construction. The 911 Turbo S, while not hybrid in the same way, offers staggering acceleration and all-wheel-drive prowess, often at a more accessible price point, but lacks the exotic V6 symphony. The Lamborghini Huracán STO (though not hybrid) provides an incredibly visceral, track-focused V10 experience. Ferrari's edge lies in its iconic brand prestige, the unique sound profile of its V6, and its sophisticated hybrid integration that delivers both exhilarating speed and a degree of electric-only driving capability for stealthy urban cruising, a feature not found in all competitors. Reliability is a concern for all high-performance exotics; while Ferrari has improved, long-term, the complexity of the 296 GTB's hybrid system could present challenges. The McLaren Artura, being a newer entrant, also faces similar questions regarding long-term reliability. The Porsche 911 Turbo S generally has a stronger reputation for daily usability and long-term dependability within its class. Pricing-wise, the 296 GTB sits at the higher end, often exceeding its direct competitors. For those prioritizing track performance and a V10 roar, a Lamborghini Huracán variant might be considered. If all-wheel-drive grip and everyday supercar usability with a proven reliability record are paramount, the Porsche 911 Turbo S remains a benchmark. However, for the ultimate blend of cutting-edge hybrid technology, Ferrari's unmatched brand allure, and a truly unique V6 performance experience, the 296 GTB is a compelling, albeit expensive, choice.

Final Verdict: Is the 2024 Ferrari 296 GTB a Good Coupe?

The 2024 Ferrari 296 GTB is ideal for the discerning automotive enthusiast who craves cutting-edge performance technology wrapped in an iconic Italian supercar package. It appeals to those who appreciate innovation, a thrilling V6 hybrid powertrain, and the prestige associated with the Ferrari brand. Whether it's worth buying depends heavily on an individual's financial capacity for both the purchase and the substantial ongoing ownership costs. For the true enthusiast, the 296 GTB offers an unparalleled driving experience. Buying new provides the peace of mind of a full warranty and the latest specifications, though at the highest price point. The used market, particularly for low-mileage examples, can offer a slightly more accessible entry point, but buyers should meticulously inspect maintenance records. There are no specific trims to recommend over others as the GTB is the singular offering, but optional packages like the Assetto Fiorano can enhance track focus for those who prioritize it.

2024 Ferrari 296 GTB Owner Reviews

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Eugene S

Eugene is an automotive enthusiast with over 15 years of experience in the used car market. As a writer at VINCheck.info, he brings deep industry insight and a passion for cars, helping readers make smart, informed decisions. Eugene has written hundreds of used car reviews and is known for breaking down complex automotive topics into clear, actionable advice. Over the years, he has driven and worked on a wide range of vehicles—starting with tuning street cars in his early days and eventually focusing on performance upgrades and reliability improvements. Today, he specializes in evaluating used vehicles through the lens of real-world ownership and enthusiast needs. A longtime fan of Porsche, Eugene especially appreciates vehicles that blend durability with driving enjoyment.