2023 Ferrari Portofino MTrue Cost of Ownership in Israel
620 hp convertible GT. Full cost breakdown including import duty (83%), VAT (17%), insurance, fuel at ₪2/L, maintenance, and depreciation.
Purchase Price
$482K
Base: $225K
Annual Total
$72K
Insurance + fuel + maintenance
Import Duty
$187K
83% of base price
VAT
$70K
17% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$842K
Purchase + 5yr running costs
2023 Ferrari Portofino M — Full Cost Breakdown in Israel
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $225K |
| Import Duty (83%) | $187K |
| VAT / Sales Tax (17%) | $70K |
| Total Purchase Price | $482K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $5K |
| Annual Maintenance | $18K |
| Annual Depreciation | $45K |
| Registration & Road Tax | $2K |
| Total Annual Running Cost | $72K |
| 5-Year Total Cost of Ownership | $842K |
| Cost Per Kilometer | $4.800 |
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 — Israel
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$5,400
USD equivalent
Monthly Fuel Cost
$450
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$36.00
18L × ₪2.00
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 Israel
How does the Ferrari Portofino M compare to similar cars available in Israel?
Ferrari
Portofino M
Base Price
$225K
Annual Cost in Israel
$72K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Israel
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Israel
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Israel
$40K
Annual costs estimated for Israel market. Import duty (83%) and VAT (17%) applied to all models.
🇮🇱 Owning a Car in Israel
Very high import taxes on all vehicles.
Very Expensive for Israel
Annual car costs = 189% of average Israel income ($38K/yr)
Average Annual Income
$38K
In Israel
Fuel Price
₪2.00/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
83%
On vehicle value
VAT / Sales Tax
17%
Applied at purchase
Driving Side
Right-hand
Middle East
Popular Car Brands in Israel
Ferrari Portofino M in Israel — Frequently Asked Questions
Common questions about owning a Ferrari Portofino M in Israel.
The 2023 Ferrari Portofino M has a base price of $225,000 USD. In Israel, after 83% import duty and 17% VAT, the total purchase price is approximately $481,748 USD (₪481,748 ILS).