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Ferrari Portofino 2022 for sale

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Model & Year Overview

Ferrari Portofino M 2022

The 2022 Ferrari Portofino M continues with the updated 612 hp 3.9L twin-turbo V8 and 8-speed DCT established in the 2021 Modificata update. Ferrari's Roma has positioned itself as a close competitor within the lineup at a similar price point; Canadian buyers choosing between the two typically favour the Portofino M for the retractable hardtop and open-air capability, or the Roma for its coupe purism and slightly lower acquisition cost. Specialty insurance in Ontario: $14,000–$24,000. Maintenance: $12,000–$18,000. Ferrari Canada's allocation system continues to manage Portofino M distribution through established client relationships; waiting lists are typical in Toronto and Vancouver markets. The 2022 Portofino M adds a new Rosso Portofino metallic exterior colour exclusive to this generation and a revised optional carbon steering wheel. Residual values remain strong, supported by Ferrari's controlled production volume and continued demand from entry-level Ferrari buyers.

Average Price

β€”

From

$299Β 800

Listings

2

Frequently Asked Questions

01

What are the specifications of the Ferrari Portofino M 2022 and its starting price in Canada?

The Ferrari Portofino M (M for Modificata) is the updated version of the Portofino launched in 2018. In 2022, the Portofino M started at approximately $270,000 CAD in Canada. It is powered by a 3.855L twin-turbo V8 producing 620 hp β€” 20 hp more than the original Portofino β€” thanks to a new intake manifold, new turbochargers, and revised engine management. The 8-speed DCT gearbox was reprogrammed for faster gear changes. The Portofino M is a 2+2 convertible with an aluminum retractable hardtop (RHT) that retracts in 14 seconds. Portofino M updates: the Manettino now includes a Race setting, and the magnetorheological active suspension (SCM-E, improved version) is available as an option. In Canada, Ferrari Quebec and Ferrari Vancouver had 12 to 18-month wait lists in 2022. The Portofino M targets buyers wanting a versatile convertible Ferrari GT β€” less radical than the Roma and more practical than the F8 Spider β€” a positioning ideal for the Canadian market.

02

How should a 2022 Ferrari Portofino M be maintained in Canada, and what are the typical costs?

The Ferrari Portofino M 2022 benefits from a 3-year manufacturer's warranty, extendable to 7 years via Ferrari Approved. All Canadian maintenance is performed at Ferrari Quebec in Montreal and Ferrari Vancouver. A standard annual service (twin-turbo V8 oil change, filters, brakes, electronics, software) costs $2,500 to $4,500 CAD depending on parts required. The F154 V8 timing belt must be replaced every 5 years or 40,000 km: budget $8,000 to $14,000 CAD. A major 5-year service (belts, seals, brakes, dampers if SCM-E equipped) can reach $15,000 to $22,000 CAD. The RHT mechanism should be inspected annually: preventive maintenance (lubrication, motor and lock verification) at $500 to $800 CAD per year avoids costly failures (repairs can reach $10,000 to $18,000 CAD if the mechanism fails). Hagerty Canada insurance for 8,000 km of seasonal summer use is $4,500 to $7,500 CAD annually for an agreed value of $250,000 CAD. Fuel-wise, the Portofino M consumes 13 to 17 L/100 km in mixed use β€” 91-octane minimum, 94 recommended.

03

Is the Ferrari Portofino M 2022 a better choice than the Ferrari Roma for a Canadian buyer?

The Ferrari Portofino M 2022 and Ferrari Roma 2022 share the same F154 3.855L twin-turbo V8 (620 hp for the Portofino M, 612 hp for the Roma), the same platform, and similar prices (Portofino M at approximately $270,000 CAD, Roma at approximately $260,000 CAD). The choice between the two depends essentially on the Canadian buyer's lifestyle. The Portofino M is a convertible with retractable hardtop: it offers an unmatched open-air experience on Canada's scenic roads (Cabot Trail, Sea to Sky Highway, Laurentian roads) when the sun shines. The Roma is a fixed-roof coupe with one of the most beautiful 2+2 body lines ever penned by Ferrari's Centro Stile β€” it is more visually exclusive and its fixed roof provides superior chassis rigidity for driving enthusiasts. In terms of winter practicality: neither is suited to snow driving (rear-wheel drive, very low ground clearance). On the Canadian resale market, the Roma tends to hold its value slightly better due to its design impact and relative newness. The Portofino M is rarer in Canada, which may also support its value over time.