2023 Ferrari 296 GTSTrue Cost of Ownership in Italy
830 hp hybrid, open-top. Full cost breakdown including import duty (10%), VAT (22%), insurance, fuel at €1.9/L, maintenance, and depreciation.
Purchase Price
$497K
Base: $370K
Annual Total
$103K
Insurance + fuel + maintenance
Import Duty
$37K
10% of base price
VAT
$90K
22% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$1.0M
Purchase + 5yr running costs
2023 Ferrari 296 GTS — Full Cost Breakdown in Italy
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $370K |
| Import Duty (10%) | $37K |
| VAT / Sales Tax (22%) | $90K |
| Total Purchase Price | $497K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $5K |
| Annual Maintenance | $21K |
| Annual Depreciation | $74K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $103K |
| 5-Year Total Cost of Ownership | $1.0M |
| Cost Per Kilometer | $6.899 |
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 — Italy
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$5,130
USD equivalent
Monthly Fuel Cost
$428
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$34.20
18L × €1.90
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 Italy
How does the Ferrari 296 GTS compare to similar cars available in Italy?
Ferrari
296 GTS
Base Price
$370K
Annual Cost in Italy
$103K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Italy
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Italy
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Italy
$40K
Annual costs estimated for Italy market. Import duty (10%) and VAT (22%) applied to all models.
🇮🇹 Owning a Car in Italy
ZTL restricted zones in historic city centers.
Very Expensive for Italy
Annual car costs = 296% of average Italy income ($35K/yr)
Average Annual Income
$35K
In Italy
Fuel Price
€1.90/L
Diesel dominant
Avg Car Insurance
$2K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
22%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Italy
Ferrari 296 GTS in Italy — Frequently Asked Questions
Common questions about owning a Ferrari 296 GTS in Italy.
The 2023 Ferrari 296 GTS has a base price of $370,000 USD. In Italy, after 10% import duty and 22% VAT, the total purchase price is approximately $496,540 USD (€496,540 EUR).