2023 Ferrari 296 GTSTrue Cost of Ownership in Argentina
830 hp hybrid, open-top. Full cost breakdown including import duty (35%), VAT (21%), insurance, fuel at $0.65/L, maintenance, and depreciation.
Purchase Price
$604K
Base: $370K
Annual Total
$87K
Insurance + fuel + maintenance
Import Duty
$129K
35% of base price
VAT
$105K
21% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$1.0M
Purchase + 5yr running costs
2023 Ferrari 296 GTS — Full Cost Breakdown in Argentina
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $370K |
| Import Duty (35%) | $129K |
| VAT / Sales Tax (21%) | $105K |
| Total Purchase Price | $604K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $10K |
| Annual Depreciation | $74K |
| Registration & Road Tax | $450 |
| Total Annual Running Cost | $87K |
| 5-Year Total Cost of Ownership | $1.0M |
| Cost Per Kilometer | $5.814 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ferrari 296 GTS Fuel Cost Calculator — Argentina
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,755
USD equivalent
Monthly Fuel Cost
$146
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$11.70
18L × $0.65
Ferrari 296 GTS Depreciation Curve
The Ferrari 296 GTS loses approximately $163K (44%) of its value over 5 years.
Year-by-Year Value
| New | $370K | 100% |
| Year 1 | $296K | 80% |
| Year 2 | $266K | 72% |
| Year 3 | $241K | 65% |
| Year 4 | $222K | 60% |
| Year 5 | $207K | 56% |
Depreciation based on exotic segment averages.
Ferrari 296 GTS vs. Competitors in Argentina
How does the Ferrari 296 GTS compare to similar cars available in Argentina?
Ferrari
296 GTS
Base Price
$370K
Annual Cost in Argentina
$87K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Argentina
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Argentina
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Argentina
$40K
Annual costs estimated for Argentina market. Import duty (35%) and VAT (21%) applied to all models.
🇦🇷 Owning a Car in Argentina
Inflation makes costs volatile.
Very Expensive for Argentina
Annual car costs = 793% of average Argentina income ($11K/yr)
Average Annual Income
$11K
In Argentina
Fuel Price
$0.65/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
35%
On vehicle value
VAT / Sales Tax
21%
Applied at purchase
Driving Side
Right-hand
South America
Popular Car Brands in Argentina
Ferrari 296 GTS in Argentina — Frequently Asked Questions
Common questions about owning a Ferrari 296 GTS in Argentina.
The 2023 Ferrari 296 GTS has a base price of $370,000 USD. In Argentina, after 35% import duty and 21% VAT, the total purchase price is approximately $604,395 USD ($604,395 ARS).