Ferrari 296 GTB 3.0T V6 PHEV

Highlights

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

Summary

This 2024 Ferrari 296 GTB represents a unique opportunity to own a nearly new example of the most technologically advanced supercar to emerge from Maranello. With incredibly low mileage for the current model year, this vehicle presents an exceptional value proposition for collectors and enthusiasts in the GCC looking for immediate delivery without the usual factory wait times. The hybrid powertrain offers a dual personality that is perfect for the region, providing silent electric cruising for city traffic in Dubai or Riyadh and explosive power for the open desert highways. Being a 2024 model with minimal usage, it remains under the manufacturer's intensive service and warranty coverage, which is a significant peace of mind for local buyers. The sophisticated grey exterior is a highly sought-after shade in the UAE, known for its ability to hide desert dust and maintain a high resale profile. This specific car stands out because it bridges the gap between a traditional internal combustion engine and the future of electrified performance, ensuring it remains relevant and desirable in the regional market for years to come.

This Car vs Other 2024 296s

While the average GCC driver covers significantly more ground annually than European counterparts, this specific car shows a mileage profile that is remarkably low for its age, effectively making it a showroom-fresh example. Most 2024 models currently in the market are either still in transit or being used as daily drivers, but this car’s limited use suggests it has been maintained as part of a private collection. In the UAE market, low-mileage Ferraris command a distinct premium at resale, particularly those in understated colors like grey that appeal to a wide range of buyers. This car offers the benefit of being past its initial break-in period while still presenting as a new vehicle. Choosing a car with such minor use ensures that the internal components, particularly the high-voltage battery system, are in peak condition for the extreme heat of upcoming summers. It represents the top tier of available inventory in the segment, moving beyond what is typically expected for a vehicle in the secondary market.

GTB vs Lower Trims

As the Gran Turismo Berlinetta, this trim is the definitive expression of Ferrari's new mid-rear engine concept, focusing on pure driver engagement. Unlike more comfort-oriented models or open-top variants, the GTB offers a rigid chassis and optimized aerodynamics that are essential for high-speed stability on the long, straight highways connecting the Emirates. This trim includes the most advanced digital cockpit Ferrari has ever produced, featuring a passenger-side display that is often an expensive option on other high-performance cars. The interior materials are a significant step up from standard sports cars, utilizing weight-saving carbon fiber and premium Alcantara that is better suited to the GCC's high temperatures than standard leather. Buyers of the GTB benefit from a more focused driving experience, where every control is haptically designed for use at speed. This trim also standardizes several performance-monitoring systems that allow you to track your laps at the Dubai Autodrome or Yas Marina Circuit with professional-grade data.

296 vs Segment Rivals

In the competitive landscape of the GCC's supercar market, this car faces off primarily against the McLaren Artura and the Lamborghini Huracan Tecnica. While its rivals rely on traditional V10s or different hybrid setups, this car leads the field with a staggering 819 horsepower, providing a level of acceleration that is noticeably superior during highway overtaking. The Ferrari hybrid system is more sophisticated than the McLaren’s, offering smoother transitions between electric and petrol modes in heavy traffic in business districts like West Bay or Al Maryah Island. It also offers a higher degree of daily usability than the Lamborghini, with much better cabin insulation from road noise and desert heat. The 296's compact wheelbase makes it more agile in urban environments compared to its larger rivals. Furthermore, the extensive Ferrari service network across the UAE, Saudi Arabia, and Kuwait ensures easier maintenance and higher long-term trust than more niche manufacturers can provide in the region.

Running Costs & Resale

Due to its plug-in hybrid architecture, this car offers the lowest running costs in its performance class, capable of short commutes on pure electricity which is highly efficient for city-based owners. Fuel consumption on the highway is surprisingly economical for an 800-plus horsepower machine, requiring 98 octane fuel which is widely available across the GCC. Ferrari’s 7-year genuine maintenance program is a massive advantage in the regional market, as it covers all scheduled servicing at authorized centers in cities like Dubai, Abu Dhabi, and Jeddah. This program significantly boosts resale value because it guarantees the car has been maintained to factory standards. While European supercars typically see a 15% annual depreciation in the GCC, the limited availability and high demand for this model keep its value retention much closer to 10% in the first three years. This makes it a safer financial asset compared to many of its peers. The grey exterior further secures its resale strength, as it remains a consistent favorite among local collectors.

Performance & Capability

The headline figure of 819 horsepower is just the beginning of what this machine is capable of on the tarmac. It achieves 0-100 km/h in a blistering 2.9 seconds, placing it in the top tier of performance vehicles allowed on public roads. The top speed exceeds 330 km/h, a figure that highlights the engineering depth required to handle the sustained high-speed runs typical of long-distance travel across the Arabian Peninsula. Despite being rear-wheel drive, the advanced electronic differential and traction control systems provide immense grip, even on roads that might have a light coating of desert sand. There are four distinct drive modes, including an 'eDrive' for silent departures and a 'Qualifying' mode for maximum power output. The regenerative braking system is so well-integrated that it feels natural, providing consistent stopping power even as temperatures rise during aggressive drives. This capability is complemented by a front-axle lift system that is vital for navigating the speed bumps and ramps found in luxury residential areas and malls across the GCC.

Comfort & Cabin

The two-seat cabin is designed as a technological cocoon, where the air conditioning system has been specifically engineered to cope with the 50-degree Celsius peaks of the Arabian summer. The seats are ergonomically sculpted to provide support during high-speed cornering while remaining comfortable enough for a three-hour drive between Dubai and Al Ain. Modern connectivity is seamless, with a high-resolution digital cluster that puts all navigation and vehicle data directly in the driver’s line of sight. Noise insulation is impressive for a mid-rear engine car, allowing for easy conversation or enjoyment of the premium audio system when the engine is in hybrid mode. The use of premium, heat-resistant materials on the dashboard prevents the cracking or fading often seen in lesser cars exposed to intense Gulf sunlight. Behind the seats and in the front trunk, there is enough space for professional gear or weekend bags for a staycation at a desert resort. Every touchpoint, from the carbon fibre paddles to the haptic steering wheel controls, feels bespoke and durable.

Safety

Safety in a vehicle of this power is paramount, and this model comes equipped with a comprehensive suite of active driver assistance systems. The advanced Side Slip Control (SSC) system is particularly useful on GCC roads, as it can predict and manage traction loss on dusty surfaces instantaneously. Blind-spot monitoring and high-definition cameras are standard, providing essential visibility on fast-moving, multi-lane highways like the E11. The braking system uses carbon-ceramic discs that offer fade-free performance even under the extreme thermal loads of a Middle Eastern summer. Multiple airbags and a high-strength aluminum chassis provide a rigid safety cell for both occupants. Adaptive LED headlights ensure maximum visibility during night drives through unlit desert sections, automatically adjusting the beam to avoid blinding oncoming traffic. These systems work in the background to ensure that the car's immense power remains controllable and safe, regardless of the driving conditions or the driver’s experience level.

The bottom line

This 2024 Ferrari 296 GTB is the perfect acquisition for the buyer who wants the very latest in Italian engineering with the peace of mind of a basically new car. In the current GCC market, finding a low-mileage hybrid Ferrari in an understated, high-resale color represents a smart tactical purchase for both the driver and the collector.

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