MARANELLO, Italy — The 2016 Ferrari 488 Spider, which joins the ranks of some of the world's most exclusive high-performance convertibles, will make its formal debut at the 2015 Frankfurt Auto Show and arrive at U.S. Ferrari dealers next summer.
Ferrari spokeswoman Krista Florin told Edmunds on Tuesday the Ferrari 488 Spider will cost approximately $275,000.
Its stablemate is the 2016 Ferrari 488 GTB, which is set to arrive in U.S. showrooms in October. Florin said formal pricing on the hardtop model has not been determined, but it should cost about $250,000.
Ferrari said the 488 Spider includes a retractable hardtop, which takes just 14 seconds to fully retract or deploy. The top folds backwards in two overlapping sections to rest flush on the engine.
"This is a car that is aimed squarely at clients seeking open-air motoring pleasure in a high-performance sports car with an unmistakable Ferrari engine sound," the Italian automaker said in a statement.
The 488 Spider is equipped with a 670-horsepower 3.9-liter turbocharged V8 engine that sprints from zero to 62 mph in 3 seconds. The engine is linked to a seven-speed dual-clutch transmission.
Ferrari calls it the "most aerodynamically efficient Ferrari Spider ever built," courtesy of such details as an aerodynamic underbody with vortex generators and a rear spoiler that directs air through a gap. The electric glass rear windstop can be adjusted to one of three positions when the top is lowered.
The new Ferrari convertible also has a spaceframe chassis made of 11 different aluminum alloys.
Edmunds says: That puddle of drool forming on your keyboard is understandable. Yes, the Ferrari 488 Spider is just that gorgeous. A 670-hp V8 isn't bad, either.