2021 Ferrari Monza SP1True Cost of Ownership in Mexico
810 hp NA V12, barchetta. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at $0.8/L, maintenance, and depreciation.
Purchase Price
$2.5M
Base: $1.8M
Annual Total
$293K
Insurance + fuel + maintenance
Import Duty
$360K
20% of base price
VAT
$346K
16% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$4.0M
Purchase + 5yr running costs
2021 Ferrari Monza SP1 — Full Cost Breakdown in Mexico
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 (20%) | $360K |
| VAT / Sales Tax (16%) | $346K |
| Total Purchase Price | $2.5M |
| Annual Insurance | $1K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $19K |
| Annual Depreciation | $270K |
| Registration & Road Tax | $450 |
| Total Annual Running Cost | $293K |
| 5-Year Total Cost of Ownership | $4.0M |
| Cost Per Kilometer | $19.526 |
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 — Mexico
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,640
USD equivalent
Monthly Fuel Cost
$220
Per month average
Annual Liters Used
3,300L
At 15,000 km/yr
Cost per 100km
$17.60
22L × $0.80
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 Mexico
How does the Ferrari Monza SP1 compare to similar cars available in Mexico?
Ferrari
Monza SP1
Base Price
$1.8M
Annual Cost in Mexico
$293K
Bugatti
Chiron
Base Price
$3.0M
Annual Cost in Mexico
$350K
Koenigsegg
Jesko
Base Price
$3.0M
Annual Cost in Mexico
$320K
Pagani
Huayra
Base Price
$1.4M
Annual Cost in Mexico
$180K
Annual costs estimated for Mexico market. Import duty (20%) and VAT (16%) applied to all models.
🇲🇽 Owning a Car in Mexico
Low insurance costs, moderate fuel.
Very Expensive for Mexico
Annual car costs = 2929% of average Mexico income ($10K/yr)
Average Annual Income
$10K
In Mexico
Fuel Price
$0.80/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
20%
On vehicle value
VAT / Sales Tax
16%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in Mexico
Ferrari Monza SP1 in Mexico — Frequently Asked Questions
Common questions about owning a Ferrari Monza SP1 in Mexico.
The 2021 Ferrari Monza SP1 has a base price of $1,800,000 USD. In Mexico, after 20% import duty and 16% VAT, the total purchase price is approximately $2,505,600 USD ($2,505,600 MXN).