Autoblog and Yahoo may earn commission from links in this article.This 2023 Ferrari SF90 Spider is the drop-top version of Ferrari's technological tour de force: a plug-in-hybrid supercar making a combined 986 horsepower, with a retractable hardtop and a folding-roof party trick to match the performance. Finished in Extra Range Matte Rosso with a striking Bordeaux and Giallo interior, and showing just 2,700 miles, it stickered at $676,508 when new. The interesting story here is the gap between that figure, current retail asking prices, and where this Bring a Trailer auction sits.2023 Ferrari SF90 SpiderBring a TrailerWhat it's worth right nowClassic.com tracks the SF90 Spider market, where the broader SF90 range averages around $603,209. For the Spider specifically, Kelley Blue Book shows used examples starting around $588,000, and CarGurus puts recent used SF90 values averaging roughly $574,035, so clean, low-mileage Spiders have generally been trading in the high-$500,000s to mid-$600,000s at retail.AdvertisementAdvertisementThis car stickered at $676,508 with its options, and it presents beautifully in a bold specification with low mileage. The one thing to weigh is that it is a plug-in-hybrid supercar with complex systems, and the market for these has softened from the early over-sticker frenzy, so buyers now price them on their merits rather than paying automatic premiums. The satin protective film over the matte paint is a sensible preservation measure that a matte-paint buyer will appreciate.2023 Ferrari SF90 SpiderBring a TrailerGiven the retail landscape and this car's spec and mileage, I would call fair value roughly $450,000 to $550,000. The current $400,000 bid with seven bids and nine days remaining is below that and climbing, and because auction results typically land under dealer asking prices, the long window ahead should carry it toward a genuine market number that undercuts the retail listings elsewhere.Condition and detailsThe specification is spectacular. This SF90 Spider is finished in Extra Range Matte Rosso Ferrari with satin protective film over the paint, and it carries carbon-fiber racing seats trimmed in Bordeaux leather and Alcantara with Giallo accents and Cavallino Rampante headrests, plus extensive carbon-fiber trim inside and out covering the hood, bumpers, splitters, diffuser, and under-door covers. It has the Nero DS power-retractable hardtop, gloss-black 20-inch wheels, carbon-ceramic brakes with yellow calipers, the factory suspension-lift system, and Scuderia Ferrari fender shields. The powertrain combines a twin-turbo 4.0-liter V8 with three electric motors and a 7.9-kWh battery for 986 horsepower and all-wheel drive through an eight-speed dual-clutch.2023 Ferrari SF90 SpiderBring a TrailerFor condition, this is a 2,700-mile car with a clean Carfax, offered with its window sticker and a build plaque listing the serial number and options. The seller confirmed for a commenter that the paint is factory Matte Rosso Ferrari and that a previous owner added the satin PPF to retain the matte look while protecting it, which is exactly the right approach on delicate matte paint. As a dealer offering, the seller also noted financing, leasing, and warranty options are available, which is common at this level.2023 Ferrari SF90 SpiderBring a TrailerThe diligence on a low-mileage hybrid Ferrari is specific. Confirm the factory warranty and any available extended coverage, since these are extraordinarily expensive to service out of warranty, and verify the health of the high-voltage hybrid system and battery. Confirm the matte paint and its PPF are in the condition described, since matte finishes require specialized care and cannot be conventionally polished. Verify the full options list against the build plaque and window sticker, and get a pre-purchase inspection from a Ferrari specialist, which is essential at this value. As with any modern Ferrari, staying within the factory service network protects both the car and its resale.2023 Ferrari SF90 SpiderBring a TrailerAdvertisementAdvertisementThe offerSpecificationDetailMakeFerrariModelSF90 SpiderYear2023Mileage2,700EngineTwin-turbocharged 4.0-liter V8 plus three electric motorsPower986 horsepower combined, 590 lb-ftTransmissionEight-speed dual-clutch automaticDrive typeAll-wheel driveExterior colorExtra Range Matte Rosso FerrariInterior colorBordeaux with Giallo accentsCurrent bidUSD $400,000Interested in this car? View the listing here.What makes the SF90 Spider uniqueThe SF90 was a watershed car for Ferrari: its first series-production plug-in hybrid, introduced to mark the 90th anniversary of the Scuderia Ferrari racing team, and a genuine technological flagship. The powertrain pairs a twin-turbocharged 4.0-liter V8, derived from the unit in the 488 Pista and F8 Tributo, with three electric motors, two driving the front wheels and one integrated at the engine, for a combined 986 horsepower, all-wheel-drive traction, torque vectoring, and the ability to run silently on electric power alone. The Spider adds a retractable hardtop, making it, in Ferrari's framing, the most powerful open-top non-limited production car in the world.2023 Ferrari SF90 SpiderBring a TrailerThat blend of hypercar performance, cutting-edge hybrid technology, and open-top drama is what makes the SF90 Spider special, and this example's bold matte-red-over-Bordeaux specification amplifies the drama. As a used purchase, it offers enormous capability for a figure well below its original cost, with the tradeoff that hybrid supercar complexity means warranty coverage and specialist servicing matter more than ever. For a buyer who wants the most advanced open-top Ferrari of its era, a low-mileage Spider bought right is a compelling proposition.My takeThis is a spectacular, low-mileage SF90 Spider in a bold specification, and the plug-in-hybrid powertrain makes it one of the most technologically significant Ferraris ever built. My fair-value call is $450,000 to $550,000, reflecting current retail levels for clean Spiders against the softening of the early premium market, and the Bring a Trailer format should find its real number below the retail asking prices over the long auction ahead. I would be comfortable into that range for a car that inspects and documents cleanly.AdvertisementAdvertisementThe buying advice is about warranty, the hybrid system, and the matte paint. Confirm the factory warranty and any extended coverage given how costly out-of-warranty service is, verify the high-voltage system and battery health, and confirm the matte finish and its protective film are as described, since matte paint needs specialized care. Verify the options against the build plaque and window sticker, and get a Ferrari-specialist pre-purchase inspection. Handle those, and the current $400,000 bid is a strong entry point on a 986-horsepower open-top Ferrari flagship well under its original cost.Disclaimer: This post is for informational purposes only. We are not a dealership or broker. All vehicle specifications, pricing, and availability are subject to change without notice. We are not responsible for typographical errors, omissions, or the accuracy of the provided information. Please verify all details directly with the seller.Disclaimer: Autoblog aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.This story was originally published by Autoblog on Aug 15, 2026, where it first appeared in the Car Buying section. Add Autoblog as a Preferred Source by clicking here.