2024 Ferrari 296 GTSTrue Cost of Ownership in Israel
830 hp hybrid V6, open-top. Full cost breakdown including import duty (83%), VAT (17%), insurance, fuel at ₪2/L, maintenance, and depreciation.
Purchase Price
$814K
Base: $380K
Annual Total
$103K
Insurance + fuel + maintenance
Import Duty
$315K
83% of base price
VAT
$118K
17% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$1.3M
Purchase + 5yr running costs
2024 Ferrari 296 GTS — Full Cost Breakdown in Israel
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $380K |
| Import Duty (83%) | $315K |
| VAT / Sales Tax (17%) | $118K |
| Total Purchase Price | $814K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $5K |
| Annual Maintenance | $18K |
| Annual Depreciation | $76K |
| Registration & Road Tax | $2K |
| Total Annual Running Cost | $103K |
| 5-Year Total Cost of Ownership | $1.3M |
| Cost Per Kilometer | $6.867 |
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 — Israel
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$5,400
USD equivalent
Monthly Fuel Cost
$450
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$36.00
18L × ₪2.00
Ferrari 296 GTS Depreciation Curve
The Ferrari 296 GTS loses approximately $167K (44%) of its value over 5 years.
Year-by-Year Value
| New | $380K | 100% |
| Year 1 | $304K | 80% |
| Year 2 | $274K | 72% |
| Year 3 | $247K | 65% |
| Year 4 | $228K | 60% |
| Year 5 | $213K | 56% |
Depreciation based on exotic segment averages.
Ferrari 296 GTS vs. Competitors in Israel
How does the Ferrari 296 GTS compare to similar cars available in Israel?
Ferrari
296 GTS
Base Price
$380K
Annual Cost in Israel
$103K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Israel
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Israel
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Israel
$40K
Annual costs estimated for Israel market. Import duty (83%) and VAT (17%) applied to all models.
🇮🇱 Owning a Car in Israel
Very high import taxes on all vehicles.
Very Expensive for Israel
Annual car costs = 271% of average Israel income ($38K/yr)
Average Annual Income
$38K
In Israel
Fuel Price
₪2.00/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
83%
On vehicle value
VAT / Sales Tax
17%
Applied at purchase
Driving Side
Right-hand
Middle East
Popular Car Brands in Israel
Ferrari 296 GTS in Israel — Frequently Asked Questions
Common questions about owning a Ferrari 296 GTS in Israel.
The 2024 Ferrari 296 GTS has a base price of $380,000 USD. In Israel, after 83% import duty and 17% VAT, the total purchase price is approximately $813,618 USD (₪813,618 ILS).