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2023 Ferrari 296 GTS Overview, Reviews, Ratings & Specs

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Drew B | March 31, 2025
The 2023 Ferrari 296 GTS is a stunning two-seat, mid-engine convertible, representing Ferrari's commitment to hybrid technology. It follows in the footsteps of the 296 GTB coupe, offering open-air exhilaration. The GTS is available in a single, well-equipped trim level, with extensive customization options. Its standout feature is the innovative plug-in hybrid powertrain combining a V6 engine with an electric motor. Expect a starting price around $370,000, making it a highly desirable and exclusive sports car.
The Good

The 2023 Ferrari 296 GTS boasts incredible performance from its hybrid powertrain, offering exhilarating acceleration and handling. Its striking design and open-top driving experience appeal to emotions. While not its primary focus, the plug-in hybrid system offers some electric-only driving for improved efficiency. Ferrari's engineering also strives for a degree of reliability expected in this price bracket.

The Bad

The 2023 Ferrari 296 GTS, being a complex hybrid, may present potential long-term reliability concerns related to the electric components and battery system. The high price tag limits its accessibility. Some drivers might find the ride firm, even in comfort settings. Extensive customization can significantly inflate the final price. Watch for potential electronic glitches or software issues common in modern performance cars.

2023 Ferrari 296 GTS: Quick Overview

  • Engine Options: 3.0L Twin-Turbocharged V6 Plug-in Hybrid
  • Horsepower: 818 hp (combined)
  • Fuel Economy: EPA estimates are not readily available, but expect around 18 mpg combined when not utilizing electric-only mode. Electric range is estimated around 15-20 miles.
  • 0-60 Times: Approximately 2.9 seconds
  • Towing Capacity: Not applicable; the 296 GTS is not designed for towing.
  • Trim-Level Features: The 296 GTS is offered in a single, highly customizable trim. Standard features include:
    • Retractable hardtop
    • Advanced driver-assistance systems (ADAS) such as adaptive cruise control, lane departure warning, and blind-spot monitoring (optional).
    • Premium sound system
    • Digital instrument cluster
    • Apple CarPlay and Android Auto compatibility
    • High-performance braking system
    • Electronically controlled dampers
    • Carbon-ceramic brakes (optional)
    • Extensive selection of interior and exterior customization options (leather, paint, carbon fiber).
    • Manettino dial offering various driving modes (Wet, Sport, Race, eDrive, Hybrid, Performance)
  • Competizione Package: A more track-focused package is available, offering enhanced aerodynamics, weight reduction, and performance upgrades.

2023 Ferrari 296 GTS Specifications

Vehicle Information
Year 2023
Make Ferrari
Model 296 GTS
Trim -
Style Rear-Wheel Drive
Type Convertible
Category Convertible
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 3.0L 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 2023 Ferrari 296 GTS Have?

As a relatively new model, specifically focusing on the 2023 Ferrari 296 GTS, long-term reliability data is still emerging. However, potential concerns often associated with high-performance hybrid vehicles include the complexity of the powertrain and associated electronics.
Frequently reported problems may encompass:
  • Hybrid System Issues: Potential problems with the electric motor, battery pack, or related control systems could arise over time. Battery degradation and charging issues are possibilities.
  • Electronic Glitches: Modern Ferraris, like other high-end vehicles, are packed with sophisticated electronics. Glitches in the infotainment system, driver-assistance features, or other electronic components are possible.
  • Engine Management: Issues related to the twin-turbocharged V6 engine's complex management system might surface, though Ferrari engines are generally robust.
  • Retractable Hardtop Mechanism: The complex mechanism of the retractable hardtop could experience issues, requiring specialized repair.
Recalls and technical service bulletins (TSBs) should be monitored through official Ferrari channels and the National Highway Traffic Safety Administration (NHTSA) for any emerging patterns. Given the limited production volume and relatively recent introduction, comprehensive data on common problems might be scarce initially. Early adopters' experiences will be crucial in identifying any prevalent issues with the 2023 model year.

How long will the 2023 Ferrari 296 GTS last?

The 2023 Ferrari 296 GTS, given its exotic nature, typically sees lower annual mileage compared to everyday vehicles. Many owners treat them as weekend cars or collector's items. Expect average annual mileage to be around 3,000-5,000 miles.
Long-term durability hinges heavily on meticulous maintenance. Potential weaknesses include the hybrid system's battery life, which may require eventual replacement. The engine, if properly maintained, should prove durable. The retractable roof mechanism needs regular servicing. Furthermore, electronic components could show signs of wear or failure over extended periods.

What Technology & Safety Features are Included?

The 2023 Ferrari 296 GTS features a sophisticated suite of technology and safety features:
Tech and Entertainment:
  • Digital Instrument Cluster: A fully digital display provides essential vehicle information and customizable layouts.
  • Infotainment System: Includes a touchscreen interface with navigation, media playback, and vehicle settings.
  • Apple CarPlay and Android Auto: Offer seamless smartphone integration.
  • Premium Audio System: Provides high-fidelity sound for an immersive listening experience.
Driver-Assistance Features (often optional):
  • Adaptive Cruise Control: Maintains a set distance from the vehicle ahead.
  • Lane Departure Warning: Alerts the driver if the vehicle drifts out of its lane.
  • Blind-Spot Monitoring: Warns the driver of vehicles in their blind spots.
  • Rear Cross-Traffic Alert: Detects vehicles approaching from the sides when reversing.
  • Parking Sensors and Rearview Camera: Assist with parking maneuvers.
Safety Features:
  • Advanced Braking System: Provides exceptional stopping power.
  • Electronic Stability Control: Helps maintain vehicle stability during challenging driving conditions.
  • Multiple Airbags: Offer comprehensive occupant protection.
Crash-Test Ratings: As a low-volume exotic car, the Ferrari 296 GTS is not typically subjected to crash testing by organizations like NHTSA or IIHS. Therefore, official crash-test ratings are generally unavailable.

What Colors Options are Available?

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

2023 Ferrari 296 GTS Prices and Market Value

The 2023 Ferrari 296 GTS had a starting price around $370,000 when new. Due to limited production and high demand, used market prices often remain close to or even exceed the original MSRP, especially for well-optioned examples. Depreciation is relatively slow for Ferraris, particularly those with desirable specifications and low mileage.
Factors affecting resale value include:
  • Mileage
  • Condition
  • Optional Equipment
  • Color Combination
  • Service History
  • Market Demand

2023 Ferrari 296 GTS Cost of Ownership

Owning a 2023 Ferrari 296 GTS is undeniably costly. Insurance premiums are very high, reflecting the car's value and performance potential. Fuel costs are considerable, especially with frequent spirited driving. Maintenance, including scheduled servicing and potential repairs, is expensive, requiring specialized technicians and parts. Long-term ownership costs can be substantial due to potential component failures and the need for meticulous upkeep. This vehicle is far from economical.

2023 Ferrari 296 GTS Fuel Efficiency

Fuel Type Hybrid
Fuel Capacity -
City Mileage -
Highway Mileage -

2023 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

2023 Ferrari 296 GTS Insurance

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

How Does the 2023 Ferrari 296 GTS Compare to Other Convertible?

The 2023 Ferrari 296 GTS competes with other high-performance convertibles such as the McLaren Artura Spider, Lamborghini Huracan Tecnica Spyder, and Porsche 911 Turbo S Cabriolet.

Performance: The 296 GTS offers comparable, if not slightly superior, performance to its rivals thanks to its powerful hybrid system. The McLaren Artura Spider also utilizes a hybrid powertrain, offering a similar blend of performance and efficiency. The Lamborghini and Porsche rely on traditional combustion engines, providing a different driving experience.

Features: The 296 GTS offers a comprehensive suite of features, including advanced technology and customization options, putting it on par with its competitors. All offer similar levels of luxury and performance-oriented features.

Reliability: Long-term reliability is still uncertain for the 296 GTS, as is the Artura. Porsche tends to have a strong reputation for reliability, while Lamborghini's reliability can be variable.

Price: The 296 GTS sits at the higher end of the price spectrum in this class. The Artura Spider is similarly priced, while the 911 Turbo S Cabriolet offers a somewhat lower entry point. The Huracan Tecnica Spyder bridges the gap.

Alternatives: If a buyer prioritizes a more established reputation for reliability, the Porsche 911 Turbo S Cabriolet might be a better choice. The McLaren Artura Spider provides a similar hybrid driving experience. Ultimately, the best alternative depends on individual priorities and brand preferences.

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17 2023 Ferrari 296 GTS (0.0★)

Final Verdict: Is the 2023 Ferrari 296 GTS a Good Convertible?

The 2023 Ferrari 296 GTS is ideal for affluent enthusiasts seeking a thrilling, open-top driving experience with cutting-edge hybrid technology. Whether it's worth buying depends on individual financial circumstances and priorities. For those seeking the latest technology and maximum personalization, buying new is preferable, albeit at a premium. A used model can offer potential savings, but careful inspection and a thorough service history are essential. The Competizione package is suited for those prioritizing track performance.

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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