2020 Ferrari 488 GTBTrue Cost of Ownership in Vietnam
660 hp twin-turbo V8. Full cost breakdown including import duty (70%), VAT (10%), insurance, fuel at ₫0.9/L, maintenance, and depreciation.
Purchase Price
$486K
Base: $260K
Annual Total
$60K
Insurance + fuel + maintenance
Import Duty
$182K
70% of base price
VAT
$44K
10% applied
Annual Insurance
$450
Avg for this country
5-Year Total
$786K
Purchase + 5yr running costs
2020 Ferrari 488 GTB — Full Cost Breakdown in Vietnam
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $260K |
| Import Duty (70%) | $182K |
| VAT / Sales Tax (10%) | $44K |
| Total Purchase Price | $486K |
| Annual Insurance | $450 |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $4K |
| Annual Depreciation | $52K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $60K |
| 5-Year Total Cost of Ownership | $786K |
| Cost Per Kilometer | $4.002 |
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 — Vietnam
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,430
USD equivalent
Monthly Fuel Cost
$203
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$16.20
18L × ₫0.90
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 Vietnam
How does the Ferrari 488 GTB compare to similar cars available in Vietnam?
Ferrari
488 GTB
Base Price
$260K
Annual Cost in Vietnam
$60K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Vietnam
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Vietnam
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Vietnam
$40K
Annual costs estimated for Vietnam market. Import duty (70%) and VAT (10%) applied to all models.
🇻🇳 Owning a Car in Vietnam
Very high import taxes on cars.
Very Expensive for Vietnam
Annual car costs = 1715% of average Vietnam income ($4K/yr)
Average Annual Income
$4K
In Vietnam
Fuel Price
₫0.90/L
Gasoline dominant
Avg Car Insurance
$450
Per year
Import Duty
70%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in Vietnam
Ferrari 488 GTB in Vietnam — Frequently Asked Questions
Common questions about owning a Ferrari 488 GTB in Vietnam.
The 2020 Ferrari 488 GTB has a base price of $260,000 USD. In Vietnam, after 70% import duty and 10% VAT, the total purchase price is approximately $486,200 USD (₫486,200 VND).