Ferrari has revealed the GTC4 Lusso T at the Australasian launch in Sydney of what the company says is its first four-seater V8.
Priced from $473,000, the Ferrari is on sale now in New Zealand with delivery expected by the middle of next year.
The Gran Turismo (GT) is aimed at buyers after a car that is sporty, versatile, and ideal for driving on a daily basis, says Ferrari Australia and NZ CEO Herbert Appleroth.
The car has a 3.9-litre V8 turbo "from the engine family that was nominated the 2016 International Engine of the Year" Appleroth told the media at the event.
"The V8 turbo's characteristics suit day-to-day driving in urban contexts ... it is more muted at lower speeds, has rapid pick-up from low revs, courtesy of its versatile, modular torque delivery and, last but not least, excellent range.
"This is the penultimate in our GT range, and sits nicely between the California T and the GTC4 Lusso V12."
Appleroth told Driven that New Zealand customers had already ordered the GTC Lusso T, with the V12 GTC Lusso and the California T convertible also big sellers in our market this year.
"New Zealand has a great demand for GTC ... with a record 23 or 24 registrations of new Ferraris this year," he told Driven.
Pre-owned Ferraris have also been in demand for Kiwi owners this year.
"Victoria followed by New Zealand had a record year and we can't get enough stock."
The GTC4Lusso T will attract first-time Ferrari buyers, with people moving out of premium SUVs into the four-seater.
Appleroth said Ferrari was seeing a lot of English and German SUVs as trade-ins.
"It's the ultimate sports car. You can have your everyday usability, with a huge amount of space inside. It's not quite as noisy as the V12, but it's still got that trademark Ferrari engine note.
"Plus 70 per cent of California T buyers are new to Ferrari, and we expect this to be about the same, or maybe even more."
The Lusso T looks the same as the all-wheel-drive GTC4 Lusso V12, but weighs 50kg less.
It is also paired with Ferrari's 3.9-litre twin turbocharged V8, also seen in the the California T and 488 GTB.
The front-mounted engine has power output of 449kW and a heart-thumping 760Nm of torque through a seven-speed dual-clutch transmission.
The rear-wheel drive has adaptive dampers, carbon-ceramic brakes, electronic limited-slip diff and bespoke 20-inch rims.
The GTC4 Lusso T goes from to 0-100km/h in 3.5 seconds with a top 320km/h.
The cabin has a 10-inch touchscreen infotainment centre, rear-view camera plus, carbon-fibre shifter paddles, and a digital dash.
The boot has 450 litres of storage and the rear seat will fit two small adults for a quick ride or else has ISOFIX settings for the school run.