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2024 Ferrari 296 GTS Overview, Reviews, Ratings & Specs

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Jovan | January 13, 2026
The 2024 Ferrari 296 GTS is a captivating mid-engine plug-in hybrid sports car, representing a new era for the iconic Italian marque. Launched for the 2022 model year, it joins the coupe 296 GTB. The GTS variant features a retractable hardtop, offering an exhilarating open-air driving experience. Its popularity stems from the groundbreaking V6 hybrid powertrain, delivering supercar performance with unprecedented efficiency and everyday usability, a significant departure from Ferrari's traditional V8 and V12 lineage. Pricing typically starts in the high $300,000s.
The Good

The 2024 Ferrari 296 GTS excels with blistering hybrid performance, thrilling acceleration, and a sonorous engine note that appeals to the heart. Its stunning, aerodynamic design captivates onlookers. Practically, its plug-in hybrid system offers impressive efficiency and a silent electric-only mode, making it more usable daily, while advanced comfort features enhance the driving experience.

The Bad

Potential buyers of the 2024 Ferrari 296 GTS should be aware of its sophisticated hybrid system, which may require specialized maintenance and could be more complex than traditional internal combustion engines. The exotic nature of the vehicle also means very high repair costs and insurance premiums. Limited cargo space is another consideration for practical needs.

2024 Ferrari 296 GTS: Quick Overview

  • Engine Options: The 2024 Ferrari 296 GTS features a singular powertrain: a 3.0-liter twin-turbocharged V6 engine paired with an electric motor and a plug-in hybrid system.
  • Horsepower: Combined system output is a staggering 819 horsepower (610 kW). The V6 engine alone produces 654 horsepower, with the electric motor contributing an additional 165 horsepower.
  • Torque: Total system torque is rated at 546 lb-ft (746 Nm).
  • Fuel Economy: EPA estimates are not yet finalized for the 2024 model year, but the 296 GTB (coupe variant) achieves an estimated 22 MPG combined when running on gasoline and a remarkable 50 MPGe (miles per gallon equivalent) when utilizing electric power. The GTS is expected to be similar.
  • 0-60 MPH Times: Ferrari claims a blistering 0-60 mph time of under 2.9 seconds.
  • Top Speed: The top speed is electronically limited to over 205 mph (330 km/h).
  • Electric-Only Range: The electric motor provides an estimated range of around 15.5 miles (25 km) on a full charge.
  • Transmission: An 8-speed dual-clutch automatic transmission is standard.
  • Drivetrain: Rear-wheel drive.
  • Body Style: Two-door convertible with a retractable hardtop.
  • Key Trims/Features: The 2024 Ferrari 296 GTS is offered in a single, highly customizable trim level. Standard features include a sophisticated hybrid powertrain, advanced aerodynamics, active suspension, carbon-ceramic brakes, a digital instrument cluster, integrated infotainment system with Apple CarPlay and Android Auto, Alcantara and leather interior, climate control, and a suite of driver-assistance systems. Optional features include various carbon fiber exterior and interior packages, advanced driver-assistance features, upgraded audio systems, and bespoke interior finishes through Ferrari's Tailor-Made program.
  • Towing Capacity: Not applicable. As a high-performance sports car, the 296 GTS is not designed or equipped for towing.

2024 Ferrari 296 GTS Specifications

Vehicle Information
Year 2024
Make Ferrari
Model 296 GTS
Trim -
Style Convertible
Type Convertible
Category Convertible
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 V6
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 GTS Have?

As the 2024 Ferrari 296 GTS is a relatively new model, extensive long-term reliability data is still emerging. However, with any high-performance, technologically advanced vehicle, especially one incorporating a sophisticated plug-in hybrid system, there are potential areas of concern that owners and prospective buyers should be aware of. Ferrari, like most ultra-luxury and exotic car manufacturers, prioritizes performance and cutting-edge technology, which can sometimes come with a higher propensity for complex issues compared to more mainstream vehicles.

Specific to hybrid systems, early adopters of new powertrain technologies can sometimes encounter teething problems. Issues could potentially arise with the battery management system, the electric motor, or the integration between the internal combustion engine and the electric components. These systems are intricate and rely on numerous sensors and control modules, any of which could develop faults.

Another consideration for any Ferrari is the cost and availability of specialized parts and servicing. While Ferrari has improved its dealer network and support, repairs on such complex machines are invariably expensive and require highly trained technicians. Some owners of previous hybrid supercars have reported issues with software glitches, electrical gremlins, and the longevity of certain hybrid-specific components.

Recalls for new models are not uncommon as manufacturers refine their products after initial production. As of the latest available information, there have been no widespread, frequently reported issues or significant recalls specifically for the 2024 Ferrari 296 GTS model year that would indicate a systemic flaw. However, it is always advisable to check official recall databases and consult with authorized Ferrari service centers for the most up-to-date information. Long-term reliability will heavily depend on adherence to Ferrari's stringent maintenance schedules and the quality of the specialized servicing performed.

How long will the 2024 Ferrari 296 GTS last?

Estimating average mileage for a 2024 Ferrari 296 GTS is challenging as it falls into the exotic car category, often treated as a collector's item or a weekend pleasure vehicle rather than a daily driver. Owners typically drive these cars significantly less than average vehicles, perhaps averaging 3,000 to 5,000 miles per year. With diligent adherence to Ferrari's rigorous and specialized maintenance schedules, including regular fluid changes, filter replacements, and thorough inspections, the 296 GTS is engineered for longevity.

The long-term durability hinges critically on how the hybrid system, particularly the battery pack and electric motor, ages. While Ferrari aims for robust engineering, hybrid components can be a potential weakness over extended periods, especially if subjected to extreme conditions or suboptimal charging practices. However, the overall build quality of a Ferrari is exceptional, suggesting that the core chassis, V6 engine, and transmission should prove durable for many years and potentially hundreds of thousands of miles if meticulously cared for. Weaknesses would likely manifest first in the complex electronic and hybrid systems.

What Technology & Safety Features are Included?

The 2024 Ferrari 296 GTS integrates cutting-edge technology to enhance both the driving experience and occupant comfort. The centerpiece of the cabin is a fully digital instrument cluster, which is highly configurable and displays all essential driving information, navigation, and media. This is complemented by a minimalist dashboard design with touch-sensitive controls, including a secondary touchscreen on the passenger side that can display vehicle information or media controls.

Infotainment: The system supports Apple CarPlay and Android Auto, allowing for seamless smartphone integration. Navigation is standard, and the audio system is designed to deliver premium sound quality, with optional upgrades available for audiophiles. Ferrari's proprietary infotainment interface is known for its responsiveness and intuitive layout, though it requires a learning curve for those unfamiliar with the brand's philosophy.

Driver-Assistance Features: While Ferrari often emphasizes pure driving engagement, the 296 GTS does offer a suite of advanced driver-assistance systems (ADAS) designed to aid the driver without compromising the driving dynamics. These can include features like adaptive cruise control, automatic emergency braking, lane departure warning, and blind-spot monitoring. Many of these are often optional, allowing buyers to tailor the car's capabilities. Parking sensors and a rearview camera are standard, with surround-view cameras available as an option for enhanced visibility.

Safety Features: Standard safety equipment includes a comprehensive airbag system, stability and traction control, anti-lock brakes (ABS), and high-performance carbon-ceramic brakes for superior stopping power. The car's chassis is constructed from advanced materials for structural integrity.

Optional Features: Beyond the ADAS, buyers can opt for features like a front-axle lift system to navigate speed bumps, a premium audio system, and various aesthetic enhancements.

Crash-Test Ratings: Ferrari vehicles, particularly their ultra-luxury and performance models like the 296 GTS, are not typically subjected to the same standardized crash-testing regimes (like NHTSA or IIHS in the US) as mass-market vehicles. Their development focuses on exceeding anticipated safety performance through advanced engineering and materials, rather than achieving specific numerical ratings. The company prioritizes occupant safety through innovative structural design and advanced restraint systems.

What Colors Options are Available?

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2024 Ferrari 296 GTS Prices and Market Value

The 2024 Ferrari 296 GTS had a Manufacturer's Suggested Retail Price (MSRP) starting in the vicinity of $370,000 to $400,000, depending on the specific options and customization chosen through Ferrari's Tailor-Made program. As a new model, prices were firm, with most examples sold at or above MSRP, often with significant dealer markups due to high demand.

Current used market prices for a 2024 Ferrari 296 GTS are still very high, often mirroring or exceeding new pricing due to limited availability and strong demand. Depreciation on exotic cars like Ferraris is generally much slower than on mainstream vehicles, especially for desirable models in excellent condition with low mileage and a comprehensive service history. Some limited-production or highly sought-after models can even appreciate in value over time.

Factors significantly affecting resale value include: condition, mileage, originality, specification (color, options), service history, and overall market demand. A well-maintained 296 GTS with desirable factory options and low mileage is expected to retain a substantial percentage of its original value, making it a relatively sound investment from a depreciation standpoint compared to other automotive segments.

2024 Ferrari 296 GTS Cost of Ownership

The 2024 Ferrari 296 GTS is unequivocally costly to own. Insurance premiums will be exceptionally high, reflecting the vehicle's value, performance, and the cost of repairs. Fuel costs can be surprisingly manageable for a hybrid supercar when driven conservatively or in electric mode, but high-performance driving will consume premium fuel rapidly. Maintenance is extensive and specialized; expect annual service intervals at authorized Ferrari dealerships costing thousands of dollars. Repair costs for any component, especially the intricate hybrid system, are exorbitant. This vehicle is not economical in any sense; it represents a significant financial commitment for ownership beyond the initial purchase price.

2024 Ferrari 296 GTS Fuel Efficiency

Fuel Type HEV
Fuel Capacity -
City Mileage -
Highway Mileage -

2024 Ferrari 296 GTS 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 GTS Insurance

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

How Does the 2024 Ferrari 296 GTS Compare to Other Convertible?

The 2024 Ferrari 296 GTS competes in a rarefied segment of high-performance hybrid supercars. Its primary rivals include the <McLaren Artura> and potentially the <Lamborghini Revuelto> (though the Revuelto is a V12 hybrid and more of a hypercar).

Performance: In terms of raw acceleration and hybrid power, the 296 GTS is a powerhouse, boasting 819 horsepower. The McLaren Artura offers around 671 horsepower, making the Ferrari notably more potent. The Revuelto, with its V12 and electric motors, pushes performance into hypercar territory with over 1000 horsepower. The 296 GTS offers a unique V6 symphony, distinct from the V8s of some past Ferraris and the V10s of Lamborghini.

Features: All these cars offer cutting-edge technology, luxury interiors, and advanced aerodynamics. The 296 GTS distinguishes itself with its retractable hardtop, offering a more open-air experience than the Artura's standard coupe. The Revuelto is a more dramatic, V12-powered statement piece. Ferrari's bespoke customization options are generally considered unparalleled.

Reliability: Long-term reliability for these sophisticated hybrid supercars is an evolving story. McLaren has been developing hybrid powertrains for longer than Ferrari's V6 hybrid implementation, and some early Artura models experienced initial issues. Ferrari's hybrid systems are newer, and long-term data is still accumulating. Lamborghini's Revuelto, as a new flagship, will also face early development challenges. All require meticulous maintenance from specialized technicians, making them inherently less reliable in the everyday sense than conventional sports cars.

Price: The 296 GTS starts in the high $300,000s. The McLaren Artura is typically priced in the mid-$200,000s, making it a more accessible option. The Lamborghini Revuelto, as a hypercar, starts significantly higher, well into the $600,000s.

Recommendations: If the pinnacle of hybrid supercar performance with a retractable roof and iconic Ferrari heritage is desired, the 296 GTS is an outstanding choice. For a slightly less potent but still thrilling hybrid supercar experience at a lower price point, the McLaren Artura is a strong alternative. If budget is less of a concern and ultimate hypercar performance and drama are paramount, the Lamborghini Revuelto stands in a class of its own.

Final Verdict: Is the 2024 Ferrari 296 GTS a Good Convertible?

The 2024 Ferrari 296 GTS is ideal for affluent enthusiasts seeking a blend of exhilarating supercar performance, cutting-edge hybrid technology, and the pleasure of open-top driving. It appeals to those who appreciate Ferrari's heritage but desire a more accessible and efficient entry point into the brand's V6 era, offering a unique driving experience with both electrifying acceleration and the ability to cruise silently.

Whether it's worth buying depends heavily on an individual's financial capacity and priorities. For the target demographic, the 296 GTS offers a compelling package that is difficult to match. Buying new offers the assurance of the latest specifications and full warranty, but used examples, if found in pristine condition with low mileage, could represent a slightly better value proposition as initial depreciation stabilizes. Given its exotic nature and high ownership costs, it is best suited as a second or third vehicle, not a daily driver. Its exceptional performance and innovative technology justify its price for those who can afford it.

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Jovan

Jovan specializes in interpreting vehicle records and making sense of VIN data. With over 10 years of experience in the automotive data industry, his work ensures that every report is clear, accurate, and useful for car buyers.