2020 Ferrari 488 GTBTrue Cost of Ownership in Peru
660 hp twin-turbo V8. Full cost breakdown including import duty (9%), VAT (18%), insurance, fuel at S/0.95/L, maintenance, and depreciation.
Purchase Price
$334K
Base: $260K
Annual Total
$61K
Insurance + fuel + maintenance
Import Duty
$23K
9% of base price
VAT
$51K
18% applied
Annual Insurance
$600
Avg for this country
5-Year Total
$637K
Purchase + 5yr running costs
2020 Ferrari 488 GTB — Full Cost Breakdown in Peru
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $260K |
| Import Duty (9%) | $23K |
| VAT / Sales Tax (18%) | $51K |
| Total Purchase Price | $334K |
| Annual Insurance | $600 |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $5K |
| Annual Depreciation | $52K |
| Registration & Road Tax | $300 |
| Total Annual Running Cost | $61K |
| 5-Year Total Cost of Ownership | $637K |
| Cost Per Kilometer | $4.041 |
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 — Peru
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 × S/0.95
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 Peru
How does the Ferrari 488 GTB compare to similar cars available in Peru?
Ferrari
488 GTB
Base Price
$260K
Annual Cost in Peru
$61K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Peru
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Peru
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Peru
$40K
Annual costs estimated for Peru market. Import duty (9%) and VAT (18%) applied to all models.
🇵🇪 Owning a Car in Peru
Moderate costs, growing car market.
Very Expensive for Peru
Annual car costs = 866% of average Peru income ($7K/yr)
Average Annual Income
$7K
In Peru
Fuel Price
S/0.95/L
Gasoline dominant
Avg Car Insurance
$600
Per year
Import Duty
9%
On vehicle value
VAT / Sales Tax
18%
Applied at purchase
Driving Side
Right-hand
South America
Popular Car Brands in Peru
Ferrari 488 GTB in Peru — Frequently Asked Questions
Common questions about owning a Ferrari 488 GTB in Peru.
The 2020 Ferrari 488 GTB has a base price of $260,000 USD. In Peru, after 9% import duty and 18% VAT, the total purchase price is approximately $334,412 USD (S/334,412 PEN).