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Ferrari SF90 Spider 2023 for sale

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Model & Year Overview

Ferrari SF90 Spider 2023

The 2023 Ferrari SF90 Spider is unchanged mechanically, continuing with 986 hp from the hybrid V8 and three electric motor system. The SF90 Spider's retractable hardtop, electric front-axle torque vectoring, and 25 km EV range make it the most technologically complex Ferrari available in Canada. Ferrari's XX programme β€” track-only special derivatives β€” builds on the SF90 platform, reinforcing its engineering pedigree. Canadian MSRP before options: approximately $680,000. Specialty insurance in Ontario: $36,000–$64,000. Maintenance: $18,000–$32,000. Used 2021 SF90 Spiders with full Ferrari Canada history and under 3,000 km are trading at $620,000–$720,000 in the private Canadian market β€” values supported by long delivery queues for new production. The hybrid battery's 7.9 kWh usable capacity is modest by EV standards but sufficient for the stated 25 km EV range in urban use; Canadian winter cold reduces this to approximately 15–18 km in practice. The SF90 Spider Assetto Fiorano remains the most capable road-legal Ferrari ever sold in Canada.

Average Price

$649Β 888

From

$649Β 888

Listings

1

Frequently Asked Questions

01

What makes the 2023 Ferrari SF90 Spider unique and what are its specifications in Canada?

The 2023 Ferrari SF90 Spider is Ferrari's most powerful convertible plug-in hybrid, combining a 4.0L twin-turbo V8 producing 780 hp with three electric motors β€” two on the front axle and one integrated into the gearbox β€” for a total system output of 1,000 hp and 590 lb-ft of combined torque. The eHybrid all-wheel-drive system is a Ferrari first for a production model. Zero to 100 km/h in 2.5 seconds, 0 to 200 km/h in 7.0 seconds, top speed 340 km/h. The aluminum Retractable Hard Top (RHT) opens or closes in 14 seconds at speeds up to 45 km/h. In electric-only eDrive mode, the SF90 Spider travels up to 25 km with zero emissions β€” enough to navigate ZEV-restricted city center zones. In Canada, the base price is approximately $650,000 to $700,000 CAD depending on options, making it one of the most expensive production vehicles sold on the Canadian market. The 7.9 kWh lithium-ion battery charges fully in 3 hours on a 240 V Level 2 outlet.

02

Is the 2023 Ferrari SF90 Spider eligible for EV incentives in Canada?

No. Despite its plug-in hybrid powertrain, the 2023 Ferrari SF90 Spider does not qualify for the federal iZEV program because its suggested retail price far exceeds the $65,000 CAD ceiling for eligible vehicles. Quebec's Roulez vert program similarly excludes vehicles with an MSRP above $60,000. British Columbia, Ontario, and other provinces also provide no applicable incentives at this price point. However, the SF90 Spider is subject to Canada's federal Luxury Tax (LVT), which applies to vehicles priced above $100,000 β€” the tax equals 20% of the value exceeding that threshold. Depending on options, a fully configured SF90 Spider can incur over $100,000 in LVT alone, which must be factored into the total purchase budget. This tax applies at the point of sale and cannot be waived. Buyers should confirm the exact LVT calculation with their Ferrari dealer and a tax advisor prior to finalizing the order.

03

How does the 2023 Ferrari SF90 Spider's hybrid system work and how is it charged in Canada?

The SF90 Spider uses Ferrari's second-generation eHybrid system. The three electric motors work in concert with the twin-turbo V8: two MGUs (Motor Generator Units) on the front axle handle electric all-wheel drive and regenerative braking, while a third MGU is sandwiched between the combustion engine and the 8-speed DCT. In Hybrid mode, the system automatically optimizes torque split. The 7.9 kWh gross Li-ion battery pack charges via a charge port integrated under the front left panel β€” compatible with Level 1 (120 V household, approximately 9 hours for a full charge) and Level 2 (240 V, approximately 3 hours). DC fast charging via CHAdeMO or CCS is not supported β€” the SF90 has no onboard DC fast charger. The Level 2 public charging networks (PlugShare, ChargePoint, FLO) in Canadian urban centres are fully sufficient for the daily use patterns typical of this vehicle. Ford's eHybrid does not support bi-directional charging (V2H or V2G).