2023 Ferrari Portofino MTrue Cost of Ownership in United Kingdom
620 hp convertible GT. Full cost breakdown including import duty (6.5%), VAT (20%), insurance, fuel at £1.75/L, maintenance, and depreciation.
Purchase Price
$288K
Base: $225K
Annual Total
$75K
Insurance + fuel + maintenance
Import Duty
$15K
6.5% of base price
VAT
$48K
20% applied
Annual Insurance
$3K
Avg for this country
5-Year Total
$662K
Purchase + 5yr running costs
2023 Ferrari Portofino M — Full Cost Breakdown in United Kingdom
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $225K |
| Import Duty (6.5%) | $15K |
| VAT / Sales Tax (20%) | $48K |
| Total Purchase Price | $288K |
| Annual Insurance | $3K |
| Annual Fuel Cost | $5K |
| Annual Maintenance | $21K |
| Annual Depreciation | $45K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $75K |
| 5-Year Total Cost of Ownership | $662K |
| Cost Per Kilometer | $4.990 |
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 — United Kingdom
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$4,725
USD equivalent
Monthly Fuel Cost
$394
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$31.50
18L × £1.75
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 United Kingdom
How does the Ferrari Portofino M compare to similar cars available in United Kingdom?
Ferrari
Portofino M
Base Price
$225K
Annual Cost in United Kingdom
$75K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in United Kingdom
$35K
McLaren
720S
Base Price
$300K
Annual Cost in United Kingdom
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in United Kingdom
$40K
Annual costs estimated for United Kingdom market. Import duty (6.5%) and VAT (20%) applied to all models.
🇬🇧 Owning a Car in United Kingdom
ULEZ zones add costs in cities.
Very Expensive for United Kingdom
Annual car costs = 166% of average United Kingdom income ($45K/yr)
Average Annual Income
$45K
In United Kingdom
Fuel Price
£1.75/L
Gasoline dominant
Avg Car Insurance
$3K
Per year
Import Duty
6.5%
On vehicle value
VAT / Sales Tax
20%
Applied at purchase
Driving Side
Left-hand
Europe
Popular Car Brands in United Kingdom
Ferrari Portofino M in United Kingdom — Frequently Asked Questions
Common questions about owning a Ferrari Portofino M in United Kingdom.
The 2023 Ferrari Portofino M has a base price of $225,000 USD. In United Kingdom, after 6.5% import duty and 20% VAT, the total purchase price is approximately $287,550 USD (£287,550 GBP).