2016 McLaren P1 LMTrue Cost of Ownership in Portugal
986 hp, road-legal P1 GTR. Full cost breakdown including import duty (10%), VAT (23%), insurance, fuel at €1.75/L, maintenance, and depreciation.
Purchase Price
$5.0M
Base: $3.7M
Annual Total
$588K
Insurance + fuel + maintenance
Import Duty
$370K
10% of base price
VAT
$936K
23% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$7.9M
Purchase + 5yr running costs
2016 McLaren P1 LM — Full Cost Breakdown in Portugal
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $3.7M |
| Import Duty (10%) | $370K |
| VAT / Sales Tax (23%) | $936K |
| Total Purchase Price | $5.0M |
| Annual Insurance | $1K |
| Annual Fuel Cost | $6K |
| Annual Maintenance | $25K |
| Annual Depreciation | $555K |
| Registration & Road Tax | $650 |
| Total Annual Running Cost | $588K |
| 5-Year Total Cost of Ownership | $7.9M |
| Cost Per Kilometer | $39.188 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
McLaren P1 LM Fuel Cost Calculator — Portugal
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$5,775
USD equivalent
Monthly Fuel Cost
$481
Per month average
Annual Liters Used
3,300L
At 15,000 km/yr
Cost per 100km
$38.50
22L × €1.75
McLaren P1 LM Depreciation Curve
The McLaren P1 LM loses approximately $1.3M (35%) of its value over 5 years.
Year-by-Year Value
| New | $3.7M | 100% |
| Year 1 | $3.1M | 85% |
| Year 2 | $2.9M | 78% |
| Year 3 | $2.7M | 72% |
| Year 4 | $2.5M | 68% |
| Year 5 | $2.4M | 65% |
Depreciation based on hypercar segment averages.
McLaren P1 LM vs. Competitors in Portugal
How does the McLaren P1 LM compare to similar cars available in Portugal?
McLaren
P1 LM
Base Price
$3.7M
Annual Cost in Portugal
$588K
Bugatti
Chiron
Base Price
$3.0M
Annual Cost in Portugal
$350K
Koenigsegg
Jesko
Base Price
$3.0M
Annual Cost in Portugal
$320K
Pagani
Huayra
Base Price
$1.4M
Annual Cost in Portugal
$180K
Annual costs estimated for Portugal market. Import duty (10%) and VAT (23%) applied to all models.
🇵🇹 Owning a Car in Portugal
ISV vehicle tax based on engine size.
Very Expensive for Portugal
Annual car costs = 2449% of average Portugal income ($24K/yr)
Average Annual Income
$24K
In Portugal
Fuel Price
€1.75/L
Diesel dominant
Avg Car Insurance
$1K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
23%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Portugal
McLaren P1 LM in Portugal — Frequently Asked Questions
Common questions about owning a McLaren P1 LM in Portugal.
The 2016 McLaren P1 LM has a base price of $3,700,000 USD. In Portugal, after 10% import duty and 23% VAT, the total purchase price is approximately $5,006,100 USD (€5,006,100 EUR).