2023 Ferrari Portofino MTrue Cost of Ownership in Australia
620 hp convertible GT. Full cost breakdown including import duty (5%), VAT (10%), insurance, fuel at A$1.3/L, maintenance, and depreciation.
Purchase Price
$260K
Base: $225K
Annual Total
$70K
Insurance + fuel + maintenance
Import Duty
$11K
5% of base price
VAT
$24K
10% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$608K
Purchase + 5yr running costs
2023 Ferrari Portofino M — Full Cost Breakdown in Australia
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $225K |
| Import Duty (5%) | $11K |
| VAT / Sales Tax (10%) | $24K |
| Total Purchase Price | $260K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $4K |
| Annual Maintenance | $18K |
| Annual Depreciation | $45K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $70K |
| 5-Year Total Cost of Ownership | $608K |
| Cost Per Kilometer | $4.641 |
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 — Australia
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,510
USD equivalent
Monthly Fuel Cost
$293
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$23.40
18L × A$1.30
Ferrari Portofino M Depreciation Curve
The Ferrari Portofino M loses approximately $99K (44%) of its value over 5 years.
Year-by-Year Value
| New | $225K | 100% |
| Year 1 | $180K | 80% |
| Year 2 | $162K | 72% |
| Year 3 | $146K | 65% |
| Year 4 | $135K | 60% |
| Year 5 | $126K | 56% |
Depreciation based on exotic segment averages.
Ferrari Portofino M vs. Competitors in Australia
How does the Ferrari Portofino M compare to similar cars available in Australia?
Ferrari
Portofino M
Base Price
$225K
Annual Cost in Australia
$70K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Australia
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Australia
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Australia
$40K
Annual costs estimated for Australia market. Import duty (5%) and VAT (10%) applied to all models.
🇦🇺 Owning a Car in Australia
Long distances increase fuel costs.
Very Expensive for Australia
Annual car costs = 134% of average Australia income ($52K/yr)
Average Annual Income
$52K
In Australia
Fuel Price
A$1.30/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
5%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Left-hand
Oceania
Popular Car Brands in Australia
Ferrari Portofino M in Australia — Frequently Asked Questions
Common questions about owning a Ferrari Portofino M in Australia.
The 2023 Ferrari Portofino M has a base price of $225,000 USD. In Australia, after 5% import duty and 10% VAT, the total purchase price is approximately $259,875 USD (A$259,875 AUD).