2023 Ferrari Daytona SP3True Cost of Ownership in South Africa
840 hp NA V12, Icona series. Full cost breakdown including import duty (25%), VAT (15%), insurance, fuel at R1.15/L, maintenance, and depreciation.
Purchase Price
$3.3M
Base: $2.3M
Annual Total
$377K
Insurance + fuel + maintenance
Import Duty
$575K
25% of base price
VAT
$431K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$5.2M
Purchase + 5yr running costs
2023 Ferrari Daytona SP3 — Full Cost Breakdown in South Africa
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $2.3M |
| Import Duty (25%) | $575K |
| VAT / Sales Tax (15%) | $431K |
| Total Purchase Price | $3.3M |
| Annual Insurance | $2K |
| Annual Fuel Cost | $4K |
| Annual Maintenance | $27K |
| Annual Depreciation | $345K |
| Registration & Road Tax | $400 |
| Total Annual Running Cost | $377K |
| 5-Year Total Cost of Ownership | $5.2M |
| Cost Per Kilometer | $25.165 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ferrari Daytona SP3 Fuel Cost Calculator — South Africa
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,795
USD equivalent
Monthly Fuel Cost
$316
Per month average
Annual Liters Used
3,300L
At 15,000 km/yr
Cost per 100km
$25.30
22L × R1.15
Ferrari Daytona SP3 Depreciation Curve
The Ferrari Daytona SP3 loses approximately $805K (35%) of its value over 5 years.
Year-by-Year Value
| New | $2.3M | 100% |
| Year 1 | $2.0M | 85% |
| Year 2 | $1.8M | 78% |
| Year 3 | $1.7M | 72% |
| Year 4 | $1.6M | 68% |
| Year 5 | $1.5M | 65% |
Depreciation based on hypercar segment averages.
Ferrari Daytona SP3 vs. Competitors in South Africa
How does the Ferrari Daytona SP3 compare to similar cars available in South Africa?
Ferrari
Daytona SP3
Base Price
$2.3M
Annual Cost in South Africa
$377K
Bugatti
Chiron
Base Price
$3.0M
Annual Cost in South Africa
$350K
Koenigsegg
Jesko
Base Price
$3.0M
Annual Cost in South Africa
$320K
Pagani
Huayra
Base Price
$1.4M
Annual Cost in South Africa
$180K
Annual costs estimated for South Africa market. Import duty (25%) and VAT (15%) applied to all models.
🇿🇦 Owning a Car in South Africa
High import duties on most vehicles.
Very Expensive for South Africa
Annual car costs = 5393% of average South Africa income ($7K/yr)
Average Annual Income
$7K
In South Africa
Fuel Price
R1.15/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
25%
On vehicle value
VAT / Sales Tax
15%
Applied at purchase
Driving Side
Left-hand
Africa
Popular Car Brands in South Africa
Ferrari Daytona SP3 in South Africa — Frequently Asked Questions
Common questions about owning a Ferrari Daytona SP3 in South Africa.
The 2023 Ferrari Daytona SP3 has a base price of $2,300,000 USD. In South Africa, after 25% import duty and 15% VAT, the total purchase price is approximately $3,306,250 USD (R3,306,250 ZAR).