The short answer
Based on available data, the Ferrari 488 comes out ahead of the Ferrari 458 on power. Check the specs table and owner sentiment below for the full comparison before deciding between the two. Both are covered by real owner reports on CarWizz.
Overall
Overwhelmingly positive sentiment, with the 458 Italia widely regarded as a modern classic and one of the most desirable modern Ferraris. The consensus among owners and enthusiasts is that it represents a high point for the brand, celebrated for its naturally aspirated 4.5L V8 engine, which is praised for its intoxicating sound, high-revving character (up to 9,000 RPM), and exceptional reliability for a high-performance exotic. The driving experience is described as exhilarating, with sharp, nimble handling and a sense of special occasion.
Best version to buy
458 Speciale: The track-focused variant is mentioned as the ultimate, most collectible version. However, for most buyers, the standard 458 Italia is highly recommended.
Known issues
Overall
The sentiment among owners is predominantly positive, with the 488 praised for its high performance, distinctive Ferrari V8 growl, and overall reliability, especially when compared to key competitors like McLaren. It is described as a "full package" offering prestige, heritage, and the best overall quality among its peers, with specific mention of next-level leather and engine reliability known to exceed 100,000 miles with proper care. The driving experience is noted as exhilarating and capable of being intimidating on twisty roads, yet the car is also acknowledged as refined and liveable for daily use and long road trips.
Best version to buy
Insufficient owner data available to declare a consensus "best" version. The 488 Pista is mentioned in isolated comparisons as an exceptionally intense and special model, described as a "soul snatching demon." However, discussions primarily revolve around the standard 488 GTB/Spider models without clear trim preference.
Known issues
The verdict
The Ferrari 488 is the better choice for most buyers.
It has more power on its best-equipped version than the Ferrari 458, based on the data above. If efficiency matters more to you than outright power, the Ferrari 458 is worth a closer look instead.
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Owner reports show similar reliability sentiment for the Ferrari 458 and the Ferrari 488. Check the known issues listed above for specific differences between the two.
Both seat a similar number of passengers based on our data. The Ferrari 458 is classed as a Cabriolet, the Ferrari 488 as a Coupe - Cabriolet, which affects cargo space and ride height for family use.
The EPA rates the 2015 Ferrari 458 at 14–15 mpg combined and the 2020 Ferrari 488 at 17 mpg, depending on the version.
Exact maintenance costs aren't in our data, but owner reports mention cost-related concerns more often for the Ferrari 488 than the Ferrari 458. See the known issues comparison above.