2021 Ferrari Monza SP1True Cost of Ownership in Italy
810 hp NA V12, barchetta. Full cost breakdown including import duty (10%), VAT (22%), insurance, fuel at €1.9/L, maintenance, and depreciation.
Purchase Price
$2.4M
Base: $1.8M
Annual Total
$323K
Insurance + fuel + maintenance
Import Duty
$180K
10% of base price
VAT
$436K
22% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$4.0M
Purchase + 5yr running costs
2021 Ferrari Monza SP1 — Full Cost Breakdown in Italy
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $1.8M |
| Import Duty (10%) | $180K |
| VAT / Sales Tax (22%) | $436K |
| Total Purchase Price | $2.4M |
| Annual Insurance | $2K |
| Annual Fuel Cost | $6K |
| Annual Maintenance | $44K |
| Annual Depreciation | $270K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $323K |
| 5-Year Total Cost of Ownership | $4.0M |
| Cost Per Kilometer | $21.558 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ferrari Monza SP1 Fuel Cost Calculator — Italy
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$6,270
USD equivalent
Monthly Fuel Cost
$523
Per month average
Annual Liters Used
3,300L
At 15,000 km/yr
Cost per 100km
$41.80
22L × €1.90
Ferrari Monza SP1 Depreciation Curve
The Ferrari Monza SP1 loses approximately $630K (35%) of its value over 5 years.
Year-by-Year Value
| New | $1.8M | 100% |
| Year 1 | $1.5M | 85% |
| Year 2 | $1.4M | 78% |
| Year 3 | $1.3M | 72% |
| Year 4 | $1.2M | 68% |
| Year 5 | $1.2M | 65% |
Depreciation based on hypercar segment averages.
Ferrari Monza SP1 vs. Competitors in Italy
How does the Ferrari Monza SP1 compare to similar cars available in Italy?
Ferrari
Monza SP1
Base Price
$1.8M
Annual Cost in Italy
$323K
Bugatti
Chiron
Base Price
$3.0M
Annual Cost in Italy
$350K
Koenigsegg
Jesko
Base Price
$3.0M
Annual Cost in Italy
$320K
Pagani
Huayra
Base Price
$1.4M
Annual Cost in Italy
$180K
Annual costs estimated for Italy market. Import duty (10%) and VAT (22%) applied to all models.
🇮🇹 Owning a Car in Italy
ZTL restricted zones in historic city centers.
Very Expensive for Italy
Annual car costs = 924% of average Italy income ($35K/yr)
Average Annual Income
$35K
In Italy
Fuel Price
€1.90/L
Diesel dominant
Avg Car Insurance
$2K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
22%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Italy
Ferrari Monza SP1 in Italy — Frequently Asked Questions
Common questions about owning a Ferrari Monza SP1 in Italy.
The 2021 Ferrari Monza SP1 has a base price of $1,800,000 USD. In Italy, after 10% import duty and 22% VAT, the total purchase price is approximately $2,415,600 USD (€2,415,600 EUR).