2020 Ferrari 488 Pista SpiderTrue Cost of Ownership in Portugal
711 hp, open-top Pista. Full cost breakdown including import duty (10%), VAT (23%), insurance, fuel at €1.75/L, maintenance, and depreciation.
Purchase Price
$514K
Base: $380K
Annual Total
$95K
Insurance + fuel + maintenance
Import Duty
$38K
10% of base price
VAT
$96K
23% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$988K
Purchase + 5yr running costs
2020 Ferrari 488 Pista Spider — Full Cost Breakdown in Portugal
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $380K |
| Import Duty (10%) | $38K |
| VAT / Sales Tax (23%) | $96K |
| Total Purchase Price | $514K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $5K |
| Annual Maintenance | $12K |
| Annual Depreciation | $76K |
| Registration & Road Tax | $650 |
| Total Annual Running Cost | $95K |
| 5-Year Total Cost of Ownership | $988K |
| Cost Per Kilometer | $6.318 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ferrari 488 Pista Spider Fuel Cost Calculator — Portugal
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$4,725
USD equivalent
Monthly Fuel Cost
$394
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$31.50
18L × €1.75
Ferrari 488 Pista Spider Depreciation Curve
The Ferrari 488 Pista Spider 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 488 Pista Spider vs. Competitors in Portugal
How does the Ferrari 488 Pista Spider compare to similar cars available in Portugal?
Ferrari
488 Pista Spider
Base Price
$380K
Annual Cost in Portugal
$95K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Portugal
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Portugal
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Portugal
$40K
Annual costs estimated for Portugal market. Import duty (10%) and VAT (23%) applied to all models.
🇵🇹 Owning a Car in Portugal
ISV vehicle tax based on engine size.
Very Expensive for Portugal
Annual car costs = 395% of average Portugal income ($24K/yr)
Average Annual Income
$24K
In Portugal
Fuel Price
€1.75/L
Diesel dominant
Avg Car Insurance
$1K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
23%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Portugal
Ferrari 488 Pista Spider in Portugal — Frequently Asked Questions
Common questions about owning a Ferrari 488 Pista Spider in Portugal.
The 2020 Ferrari 488 Pista Spider has a base price of $380,000 USD. In Portugal, after 10% import duty and 23% VAT, the total purchase price is approximately $514,140 USD (€514,140 EUR).
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