Ferrari 296 GTB 3.0T V6 PHEV ASSETTO FIORANO

Highlights

• 0–100 km/h in under 4 seconds
• Hand-built engine
• Lowest running cost in class

Summary

This specific GTB represents a rare opportunity to own a revolutionary plug-in hybrid supercar with exceptionally low mileage, far below the typical 20,000 km annual average seen in the GCC. Finished in the iconic Ferrari Red, it carries the highest resale demand in the UAE and Saudi Arabian markets, ensuring it remains a liquid asset for years to come. While most rivals rely solely on internal combustion, this model combines a potent V6 with an electric motor to deliver 819 horsepower, making it a pioneer in the modern supercar landscape. Its advanced hybrid architecture allows for silent electric cruising through residential areas like Emirates Hills or Al Barari while providing explosive power on the open roads of the Northern Emirates. For the regional buyer, the combination of mid-engine balance and electric torque offers a driving experience that handles the intense summer heat better than older, high-strung naturally aspirated engines. This car stands out as a bridge between Ferrari’s storied racing heritage and the future of sustainable high performance.

This Car vs Other 2023 296s

With only 7,000 km on the odometer, this vehicle has barely transitioned out of its break-in period, offering a significant advantage over other 2023 models that have likely seen more frequent use across the UAE’s highway network. Typical premium vehicles in this region accumulate mileage quickly due to the long distances between major cities, but this example has been preserved as a collector-grade piece. The classic Red exterior is the most coveted color for any mid-engine Ferrari in the GCC, directly translating to a faster resale time and higher value retention compared to less traditional shades. Because the car is a 2023 model, it benefits from the latest software calibrations for the hybrid powertrain and the Side Slip Control system. Buyers looking at the current market will find that few examples offer this specific combination of low usage and the most desirable color specification available today.

GTB vs Lower Trims

The GTB designation represents the Gran Turismo Berlinetta heritage, offering a fixed-roof coupe silhouette that provides superior structural rigidity and better thermal insulation against the GCC sun compared to open-top variants. Choosing the GTB trim ensures the purest aerodynamic profile, which is essential when exploring the car’s high-speed stability on the expansive roads of the UAE. Inside, this trim often features more focused cockpit ergonomics and weight-saving materials that are frequently bypassed in more comfort-oriented convertible trims. While some lower-tier sports cars lack the integration of electric and petrol power, the GTB provides a seamless transition between modes that is managed by the sophisticated eManettino dial. This trim also standardizes the digital interface for the passenger, a feature that high-end buyers in the region prioritize for a shared luxury experience. The inclusion of the high-performance hybrid battery system as standard sets this car apart from previous generations of mid-engine supercars.

296 vs Segment Rivals

This model competes directly with the McLaren Artura and the Lamborghini Huracán Tecnica, both of which are common sights on GCC roads. It leads the segment by offering a more advanced plug-in hybrid system that provides a higher total output of 819 horsepower, outclassing several V10 and V8 rivals in sheer power-to-weight ratio. The Ferrari's 120-degree V6 engine architecture allows for a lower center of gravity, providing handling characteristics that are noticeably sharper during spirited drives through the Jebel Jais mountain passes. While rivals may offer raw sound, this vehicle offers a 'Piccolo V12' acoustic signature that is uniquely refined for a six-cylinder engine. Additionally, the interior tech suite is more contemporary than the aging platforms found in some Italian competitors, featuring a fully digital driver display that is easier to read in the bright Arabian sunlight. The cabin's cooling efficiency is also highly regarded, designed to maintain a stable environment even during the peak of summer.

Running Costs & Resale

Real-world fuel efficiency is a standout feature, as the hybrid system allows for an electric-only range that significantly reduces fuel consumption during heavy stop-start traffic in downtown Dubai or Riyadh. When the 3.0-liter engine engages on the highway, it remains surprisingly efficient for a car with over 800 horsepower, requiring high-octane Super 98 fuel available at all ENOC and ADNOC stations. Maintenance is supported by an extensive network of authorized service centers across the UAE, Saudi Arabia, and Kuwait, ensuring that specialized hybrid components are handled by factory-trained technicians. While European supercars typically see a depreciation of 12-18% annually, this model is expected to hold its value much better due to its status as the first of a new generation of Ferrari hybrids. Resale remains exceptionally strong for Red examples, often fetching a premium in the pre-owned market after three years compared to rivals. Ownership costs are further mitigated by the brand's long-term service programs which are generally transferable to new owners in the GCC.

Performance & Capability

The most impressive figure is the 819 horsepower generated by the twin-turbocharged V6 and the rear-mounted electric motor, which propels the car from 0-100 km/h in just 2.9 seconds. This level of acceleration is ideal for the fast-paced highway merging required on the E11, providing instant torque that internal combustion engines cannot match. The top speed exceeds 330 km/h, a testament to its aerodynamic efficiency and the sophisticated cooling ducts designed to manage heat at high velocities. With its rear-wheel-drive layout and an 8-speed dual-clutch transmission, the car offers a visceral connection to the road while maintaining enough refinement for cross-border journeys. Multiple drive modes, including 'Qualify' for maximum power and 'eDrive' for silent operation, allow the driver to tailor the car's personality to the environment. The ground clearance is optimized for paved surfaces, and while it is a dedicated supercar, it handles the standard speed bumps of residential communities with surprising composure.

Comfort & Cabin

The cabin is a strictly two-seat environment designed to wrap around the driver with an emphasis on ergonomic perfection and high-quality Italian leather. To combat the extreme GCC heat, the air conditioning system is exceptionally powerful, quickly bringing the cabin temperature down even after the car has been parked outside. The seats are designed for both lateral support during cornering and long-distance comfort, making the drive between Dubai and Abu Dhabi effortless. High-resolution screens replace traditional dials, providing clear navigation and vehicle status updates that are vital for long desert drives. Sound insulation has been improved over previous mid-engine models, allowing for a quieter cabin when the car is in hybrid or electric modes. Touches like carbon fiber trim and a premium audio system ensure that the interior feels every bit as expensive as the performance suggests. Storage is sufficient for a weekend trip’s worth of luggage in the front trunk, fitting two soft bags comfortably.

Safety

Standard safety features on this trim include an advanced Side Slip Control (SSC) system that helps manage the car's immense power on the sandy or dusty surfaces often found on regional roads. The braking system utilizes carbon-ceramic discs that provide immense stopping power with zero fade, an essential feature for high-performance driving in warm climates. Blind-spot monitoring and front and rear parking sensors are highly useful when navigating the busy multi-lane highways and tight parking structures of major GCC cities. The car also features sophisticated traction control systems that have been tuned to work in harmony with the electric motor’s instant torque delivery, preventing wheel spin. Adaptive LED headlights ensure maximum visibility during night drives through unlit desert stretches, while the rigid aluminum chassis provides a safe cell for occupants. These active systems ensure that the driver can enjoy the car’s performance with a high level of confidence in all weather conditions.

The bottom line

This 2023 296 GTB is the perfect choice for a GCC collector or enthusiast who wants a nearly-new supercar that combines legendary Ferrari soul with future-proof hybrid technology. With such low mileage and the most desirable color combination in the region, this listing represents one of the strongest value-retention opportunities currently available on the market.

AI insights generated from market expert data. Always inspect the vehicle before purchase.