2021 Ferrari Monza SP2True Cost of Ownership in Saudi Arabia
810 hp NA V12, two-seat. Full cost breakdown including import duty (5%), VAT (15%), insurance, fuel at ﷼0.24/L, maintenance, and depreciation.
Purchase Price
$2.2M
Base: $1.8M
Annual Total
$295K
Insurance + fuel + maintenance
Import Duty
$90K
5% of base price
VAT
$284K
15% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$3.6M
Purchase + 5yr running costs
2021 Ferrari Monza SP2 — Full Cost Breakdown in Saudi Arabia
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 (5%) | $90K |
| VAT / Sales Tax (15%) | $284K |
| Total Purchase Price | $2.2M |
| Annual Insurance | $1K |
| Annual Fuel Cost | $792 |
| Annual Maintenance | $22K |
| Annual Depreciation | $270K |
| Registration & Road Tax | $200 |
| Total Annual Running Cost | $295K |
| 5-Year Total Cost of Ownership | $3.6M |
| Cost Per Kilometer | $19.638 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ferrari Monza SP2 Fuel Cost Calculator — Saudi Arabia
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$792
USD equivalent
Monthly Fuel Cost
$66
Per month average
Annual Liters Used
3,300L
At 15,000 km/yr
Cost per 100km
$5.28
22L × ﷼0.24
Ferrari Monza SP2 Depreciation Curve
The Ferrari Monza SP2 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 SP2 vs. Competitors in Saudi Arabia
How does the Ferrari Monza SP2 compare to similar cars available in Saudi Arabia?
Ferrari
Monza SP2
Base Price
$1.8M
Annual Cost in Saudi Arabia
$295K
Bugatti
Chiron
Base Price
$3.0M
Annual Cost in Saudi Arabia
$350K
Koenigsegg
Jesko
Base Price
$3.0M
Annual Cost in Saudi Arabia
$320K
Pagani
Huayra
Base Price
$1.4M
Annual Cost in Saudi Arabia
$180K
Annual costs estimated for Saudi Arabia market. Import duty (5%) and VAT (15%) applied to all models.
🇸🇦 Owning a Car in Saudi Arabia
Heavily subsidized fuel, no road tax.
Very Expensive for Saudi Arabia
Annual car costs = 1133% of average Saudi Arabia income ($26K/yr)
Average Annual Income
$26K
In Saudi Arabia
Fuel Price
﷼0.24/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
5%
On vehicle value
VAT / Sales Tax
15%
Applied at purchase
Driving Side
Right-hand
Middle East
Popular Car Brands in Saudi Arabia
Ferrari Monza SP2 in Saudi Arabia — Frequently Asked Questions
Common questions about owning a Ferrari Monza SP2 in Saudi Arabia.
The 2021 Ferrari Monza SP2 has a base price of $1,800,000 USD. In Saudi Arabia, after 5% import duty and 15% VAT, the total purchase price is approximately $2,173,500 USD (﷼2,173,500 SAR).