The 2016 Ferrari 488 Spider Convertible makes for an excellent contender in the midsize convertible segment. With a single trim on offer, the Ferrari 488 Spider Convertible has a base MSRP of $276,450, competing directly with the Lamborghini Huracan Spyder Convertible, the Mclaren 650S Convertible, and the Aston Martin Vanquish Volante Convertible. Only a 3.9L twin-turbocharged V8 engine is offered, mated to a 7-speed dual-clutch automatic transmission. Together, they produce 661 horsepower and 561 lb-ft of torque. Accelerating from 0-60 in 3.0 seconds, the 488 Spider Convertible maintains a combined fuel economy of 18 MPG. Ferrari offers the 488 Spider Convertible in 28 stunning colors, with the Fiorano Red being a particular favorite of ours.