2024 Ferrari 296 GTSTrue Cost of Ownership in Malaysia
830 hp hybrid V6, open-top. Full cost breakdown including import duty (30%), VAT (6%), insurance, fuel at RM0.52/L, maintenance, and depreciation.
Purchase Price
$524K
Base: $380K
Annual Total
$87K
Insurance + fuel + maintenance
Import Duty
$114K
30% of base price
VAT
$30K
6% applied
Annual Insurance
$950
Avg for this country
5-Year Total
$960K
Purchase + 5yr running costs
2024 Ferrari 296 GTS — Full Cost Breakdown in Malaysia
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $380K |
| Import Duty (30%) | $114K |
| VAT / Sales Tax (6%) | $30K |
| Total Purchase Price | $524K |
| Annual Insurance | $950 |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $8K |
| Annual Depreciation | $76K |
| Registration & Road Tax | $700 |
| Total Annual Running Cost | $87K |
| 5-Year Total Cost of Ownership | $960K |
| Cost Per Kilometer | $5.813 |
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 — Malaysia
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,404
USD equivalent
Monthly Fuel Cost
$117
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$9.36
18L × RM0.52
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 Malaysia
How does the Ferrari 296 GTS compare to similar cars available in Malaysia?
Ferrari
296 GTS
Base Price
$380K
Annual Cost in Malaysia
$87K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Malaysia
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Malaysia
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Malaysia
$40K
Annual costs estimated for Malaysia market. Import duty (30%) and VAT (6%) applied to all models.
🇲🇾 Owning a Car in Malaysia
Heavily subsidized fuel. Proton/Perodua cheap.
Very Expensive for Malaysia
Annual car costs = 727% of average Malaysia income ($12K/yr)
Average Annual Income
$12K
In Malaysia
Fuel Price
RM0.52/L
Gasoline dominant
Avg Car Insurance
$950
Per year
Import Duty
30%
On vehicle value
VAT / Sales Tax
6%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in Malaysia
Ferrari 296 GTS in Malaysia — Frequently Asked Questions
Common questions about owning a Ferrari 296 GTS in Malaysia.
The 2024 Ferrari 296 GTS has a base price of $380,000 USD. In Malaysia, after 30% import duty and 6% VAT, the total purchase price is approximately $523,640 USD (RM523,640 MYR).