2023 Ferrari 296 GTSTrue Cost of Ownership in Thailand
830 hp hybrid, open-top. Full cost breakdown including import duty (80%), VAT (7%), insurance, fuel at ฿0.95/L, maintenance, and depreciation.
Purchase Price
$713K
Base: $370K
Annual Total
$85K
Insurance + fuel + maintenance
Import Duty
$296K
80% of base price
VAT
$47K
7% applied
Annual Insurance
$850
Avg for this country
5-Year Total
$1.1M
Purchase + 5yr running costs
2023 Ferrari 296 GTS — Full Cost Breakdown in Thailand
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $370K |
| Import Duty (80%) | $296K |
| VAT / Sales Tax (7%) | $47K |
| Total Purchase Price | $713K |
| Annual Insurance | $850 |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $7K |
| Annual Depreciation | $74K |
| Registration & Road Tax | $550 |
| Total Annual Running Cost | $85K |
| 5-Year Total Cost of Ownership | $1.1M |
| Cost Per Kilometer | $5.683 |
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 — Thailand
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,565
USD equivalent
Monthly Fuel Cost
$214
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$17.10
18L × ฿0.95
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 Thailand
How does the Ferrari 296 GTS compare to similar cars available in Thailand?
Ferrari
296 GTS
Base Price
$370K
Annual Cost in Thailand
$85K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Thailand
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Thailand
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Thailand
$40K
Annual costs estimated for Thailand market. Import duty (80%) and VAT (7%) applied to all models.
🇹🇭 Owning a Car in Thailand
High import tax but low running costs.
Very Expensive for Thailand
Annual car costs = 1218% of average Thailand income ($7K/yr)
Average Annual Income
$7K
In Thailand
Fuel Price
฿0.95/L
Gasoline dominant
Avg Car Insurance
$850
Per year
Import Duty
80%
On vehicle value
VAT / Sales Tax
7%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in Thailand
Ferrari 296 GTS in Thailand — Frequently Asked Questions
Common questions about owning a Ferrari 296 GTS in Thailand.
The 2023 Ferrari 296 GTS has a base price of $370,000 USD. In Thailand, after 80% import duty and 7% VAT, the total purchase price is approximately $712,620 USD (฿712,620 THB).