Ferrari 296 GTB

The Ferrari 296 GTB is priced from Rs. 5.11 Crore (ex-showroom) in India. It is available in 1 variants. Engine: 2992 cc. Fuel options: Petrol.

296 GTB
296 GTB
Engine
2992 cc
Ferrari

Ferrari 296 GTB Price

Rs. 5.11 Crore5.11 Crore
Ex-showroom · Delhi
Down payment ratio20% · ₹1,02,16,216
10%Loan: ₹4,08,64,86550%
Number of installments
Key specs

Ferrari 296 GTB specifications

Fuel Type
Petrol
Engine
2992cc
Power and Torque
645bhp
DriveTrain
RWD
Acceleration
2.9seconds
Variants & Prices

Ferrari 296 GTB variants List Price in India - Variants, Specs & Features

The Ferrari 296 GTB variants List price in India begins at Rs. 5.11 Crore for the base 3.0 Petrol variant, (Ex-showroom, Delhi).

EMI is an estimate — 9% p.a. · 5 yrs · 10% down, on ex-showroom price.
3.0L · 2992ccPetrol
₹5.11 Crore
ex-showroom
Lowest price
~₹9,54,700/mo
Price breakup
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296 GTB · Buyer's guide

Which 296 GTB Variant Should You Buy?

Expert picks for different kinds of buyer. Tap one to see why it's the right call.

Best Value
3.0 Petrol
₹5.11 Crore

The Standard Manual Trim is the only configuration available, making it the default best-value choice by necessity. At Rs 5,10,81,081, it provides the core chassis and manual transmission experience without the premium markup of non-existent optional packages. Buyers receive the full suite of safety features including front and side airbags, ISOFIX mounts, and a comprehensive electronic stability program, which are essential for a car of this performance caliber. By avoiding the cost of non-existent variants, owners retain their capital, which is better allocated toward the high annual insurance premiums and maintenance costs. The inclusion of TPMS and essential active safety features like ABS and EBD ensures that the fundamental requirements for performance motoring are met. This variant represents the pure vision of the manufacturer, stripping away marketing-led trim levels to focus on the mechanical connection between the driver and the road. For the Indian market, where secondary market demand for specific trims is inconsistent, the base variant provides the most predictable ownership experience, ensuring that all standard safety and performance hardware is included without hidden costs. It is the most logical entry point for a buyer seeking this specific brand's performance profile.

296 GTB Mileage

296 GTB mileage claimed by owners is 8 kmpl

PowertrainUser Reported Mileagei
Petrol - Automatic (DCT) (2992 cc)8 kmpl
Loan calculator

Ferrari 296 GTB Calculate EMI

Ex-showroom price₹5,11,00,000
₹1,02,00,000
₹51,00,000₹4,60,00,000
Loan amount: ₹4,09,00,000
5 years
1 yr7 yrs
60 months
10 %
8%20%
p.a.
Tenure
Figures are indicative. Actual EMI depends on your lender, credit profile, and processing fees.
8,69,004
EMI for 5 years
₹5.21Cr
total payable
Principal loan amount
₹4,09,00,000
Total interest payable
₹1,12,40,248
Total amount payable
₹5,21,40,248
Ownership

Ownership & running costs

7.5
Long-termscore
Annual Maintenance
Rs 1,50,000–2,20,000 per year due to the niche nature of the performance powertrain and the requirement for specialized imported lubricants.
Service Interval
every 10,000 km or 12 months
Spare Parts
Parts must be imported from international hubs, leading to a 3-4 week lead time for non-consumable components. Local service centers in Tier-1 cities like Mumbai and Delhi maintain limited stocks of essential filters and brake pads.
Insurance
High — Rs 12,00,000–15,00,000/year estimate for base variant
Resale Value
The model faces a 35-40% depreciation after 3 years due to the volatile nature of the high-performance car segment in India. Demand remains restricted to a small pool of collectors and enthusiasts in major metros.
City Driving
The low ground clearance necessitates extreme caution over speed breakers, while the lack of hill assist makes stop-and-go traffic in cities like Bengaluru challenging. The manual transmission requires constant driver engagement, which is physically demanding in heavy urban congestion.
Highway Driving
Stability at high speeds is excellent, though the lack of ADAS features requires the driver to maintain full manual vigilance. The petrol engine delivers high-RPM power, but the absence of modern driver-assistance tech makes long-distance cruising more fatiguing than in a competitor like the Porsche 911.

Owning the Unknown Brand 296 GTB in the Indian market as of June 2026 is a proposition defined by exclusivity rather than practicality. With a price point of Rs 5,10,81,081, the vehicle demands significant capital for insurance and maintenance, with annual costs exceeding Rs 2,00,000. Unlike mass-market luxury sedans, this car lacks ADAS features, meaning the driver is solely responsible for safety on unpredictable Indian highways. While the presence of ESC and traction control provides a baseline for active safety, the absence of hill assist is a glaring omission for a car at this price bracket, especially when navigating hilly terrain or steep parking ramps. Reliability is contingent on strict adherence to the 10,000 km service interval, as the specialized petrol engine is sensitive to fuel quality and environmental heat. Spare parts availability is a bottleneck; owners should expect significant downtime if major components are damaged, as the supply chain is heavily reliant on international logistics. Resale value is projected to drop by approximately 40% over three years, a standard trajectory for high-performance exotics that lack the brand heritage of established rivals. The 5-seat configuration is a unique selling point, yet the manual transmission choice is a polarizing factor for buyers accustomed to the seamless dual-clutch setups found in the Audi R8 or similar performance segments. In city conditions, the vehicle's footprint and ground clearance require constant monitoring, making it a weekend-only machine rather than a daily driver. For the Indian buyer, this car is an emotional purchase, offering raw mechanical feedback at the cost of the convenience features and service network density provided by legacy manufacturers. The long-term ownership experience is best suited for those with a dedicated garage and a secondary vehicle for daily commuting, as the 296 GTB prioritizes engagement over the comfort-oriented features expected at this price point.

Side-by-side

296 GTB comparison with similar cars

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Ex-showroomRs. 290.00 LakhRs. 287.50 LakhRs. 275.05 LakhLowestRs. 587.41 LakhRs. 430.00 LakhRs. 447.41 Lakh
TransmissionN/AN/AN/AAutomaticN/AN/A
Engine2989 cc3982 cc3982 cc3995 cc3982 cc3996 cc
Fuel TypeDieselHybridHybridHybridPetrolHybrid
Power
MileageN/AN/AN/AN/AN/AN/A
Seating CapacityN/AN/AN/A2N/AN/A
NCAP RatingNot TestedNot TestedNot TestedNot TestedNot TestedNot Tested
Comparison summary
Best Value
Maybach GLS
Best Mileage
Most Powerful
Safest Choice
Owner verdict

Ferrari 296 GTB Pros and Cons

Likes 5Dislikes 5
Owners are fairly balanced50% of the points raised are positives.
Things we don't like5
  • 1Price tag is steep for many buyers
  • 2Limited rear seat space for adults
  • 3Charging infrastructure still catching up in some areas
  • 4Ride can be stiff on rough roads
  • 5Fuel economy drops when you push the car hard
Authorised showrooms

car dealers in

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Owner reviews

Ferrari 296 GTB user reviews

3.4OUT OF 5
Based on 7 reviews
51
41
35
20
10

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