2020 Ferrari 488 GTBTrue Cost of Ownership in Argentina
660 hp twin-turbo V8. Full cost breakdown including import duty (35%), VAT (21%), insurance, fuel at $0.65/L, maintenance, and depreciation.
Purchase Price
$425K
Base: $260K
Annual Total
$65K
Insurance + fuel + maintenance
Import Duty
$91K
35% of base price
VAT
$74K
21% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$751K
Purchase + 5yr running costs
2020 Ferrari 488 GTB — 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) | $260K |
| Import Duty (35%) | $91K |
| VAT / Sales Tax (21%) | $74K |
| Total Purchase Price | $425K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $10K |
| Annual Depreciation | $52K |
| Registration & Road Tax | $450 |
| Total Annual Running Cost | $65K |
| 5-Year Total Cost of Ownership | $751K |
| Cost Per Kilometer | $4.347 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ferrari 488 GTB 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 488 GTB Depreciation Curve
The Ferrari 488 GTB loses approximately $114K (44%) of its value over 5 years.
Year-by-Year Value
| New | $260K | 100% |
| Year 1 | $208K | 80% |
| Year 2 | $187K | 72% |
| Year 3 | $169K | 65% |
| Year 4 | $156K | 60% |
| Year 5 | $146K | 56% |
Depreciation based on exotic segment averages.
Ferrari 488 GTB vs. Competitors in Argentina
How does the Ferrari 488 GTB compare to similar cars available in Argentina?
Ferrari
488 GTB
Base Price
$260K
Annual Cost in Argentina
$65K
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 = 593% 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 488 GTB in Argentina — Frequently Asked Questions
Common questions about owning a Ferrari 488 GTB in Argentina.
The 2020 Ferrari 488 GTB has a base price of $260,000 USD. In Argentina, after 35% import duty and 21% VAT, the total purchase price is approximately $424,710 USD ($424,710 ARS).