2022 Ferrari Portofino MTrue Cost of Ownership in Saudi Arabia
620 hp convertible GT. Full cost breakdown including import duty (5%), VAT (15%), insurance, fuel at ﷼0.24/L, maintenance, and depreciation.
Purchase Price
$266K
Base: $220K
Annual Total
$57K
Insurance + fuel + maintenance
Import Duty
$11K
5% of base price
VAT
$35K
15% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$550K
Purchase + 5yr running costs
2022 Ferrari Portofino M — 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) | $220K |
| Import Duty (5%) | $11K |
| VAT / Sales Tax (15%) | $35K |
| Total Purchase Price | $266K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $648 |
| Annual Maintenance | $11K |
| Annual Depreciation | $44K |
| Registration & Road Tax | $200 |
| Total Annual Running Cost | $57K |
| 5-Year Total Cost of Ownership | $550K |
| Cost Per Kilometer | $3.787 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ferrari Portofino M 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
$648
USD equivalent
Monthly Fuel Cost
$54
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$4.32
18L × ﷼0.24
Ferrari Portofino M Depreciation Curve
The Ferrari Portofino M loses approximately $97K (44%) of its value over 5 years.
Year-by-Year Value
| New | $220K | 100% |
| Year 1 | $176K | 80% |
| Year 2 | $158K | 72% |
| Year 3 | $143K | 65% |
| Year 4 | $132K | 60% |
| Year 5 | $123K | 56% |
Depreciation based on exotic segment averages.
Ferrari Portofino M vs. Competitors in Saudi Arabia
How does the Ferrari Portofino M compare to similar cars available in Saudi Arabia?
Ferrari
Portofino M
Base Price
$220K
Annual Cost in Saudi Arabia
$57K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Saudi Arabia
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Saudi Arabia
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Saudi Arabia
$40K
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 = 219% 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 Portofino M in Saudi Arabia — Frequently Asked Questions
Common questions about owning a Ferrari Portofino M in Saudi Arabia.
The 2022 Ferrari Portofino M has a base price of $220,000 USD. In Saudi Arabia, after 5% import duty and 15% VAT, the total purchase price is approximately $265,650 USD (﷼265,650 SAR).