2016 McLaren P1 LMTrue Cost of Ownership in Saudi Arabia
986 hp, road-legal P1 GTR. Full cost breakdown including import duty (5%), VAT (15%), insurance, fuel at ﷼0.24/L, maintenance, and depreciation.
Purchase Price
$4.5M
Base: $3.7M
Annual Total
$580K
Insurance + fuel + maintenance
Import Duty
$185K
5% of base price
VAT
$583K
15% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$7.4M
Purchase + 5yr running costs
2016 McLaren P1 LM — 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) | $3.7M |
| Import Duty (5%) | $185K |
| VAT / Sales Tax (15%) | $583K |
| Total Purchase Price | $4.5M |
| Annual Insurance | $1K |
| Annual Fuel Cost | $792 |
| Annual Maintenance | $22K |
| Annual Depreciation | $555K |
| Registration & Road Tax | $200 |
| Total Annual Running Cost | $580K |
| 5-Year Total Cost of Ownership | $7.4M |
| Cost Per Kilometer | $38.638 |
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 — Saudi Arabia
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$792
USD equivalent
Monthly Fuel Cost
$66
Per month average
Annual Liters Used
3,300L
At 15,000 km/yr
Cost per 100km
$5.28
22L × ﷼0.24
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 Saudi Arabia
How does the McLaren P1 LM compare to similar cars available in Saudi Arabia?
McLaren
P1 LM
Base Price
$3.7M
Annual Cost in Saudi Arabia
$580K
Bugatti
Chiron
Base Price
$3.0M
Annual Cost in Saudi Arabia
$350K
Koenigsegg
Jesko
Base Price
$3.0M
Annual Cost in Saudi Arabia
$320K
Pagani
Huayra
Base Price
$1.4M
Annual Cost in Saudi Arabia
$180K
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 = 2229% 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
McLaren P1 LM in Saudi Arabia — Frequently Asked Questions
Common questions about owning a McLaren P1 LM in Saudi Arabia.
The 2016 McLaren P1 LM has a base price of $3,700,000 USD. In Saudi Arabia, after 5% import duty and 15% VAT, the total purchase price is approximately $4,467,750 USD (﷼4,467,750 SAR).