2023 Ferrari 296 GTSTrue Cost of Ownership in Vietnam
830 hp hybrid, open-top. Full cost breakdown including import duty (70%), VAT (10%), insurance, fuel at ₫0.92/L, maintenance, and depreciation.
Purchase Price
$701K
Base: $375K
Annual Total
$83K
Insurance + fuel + maintenance
Import Duty
$263K
70% of base price
VAT
$64K
10% applied
Annual Insurance
$470
Avg for this country
5-Year Total
$1.1M
Purchase + 5yr running costs
2023 Ferrari 296 GTS — Full Cost Breakdown in Vietnam
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $375K |
| Import Duty (70%) | $263K |
| VAT / Sales Tax (10%) | $64K |
| Total Purchase Price | $701K |
| Annual Insurance | $470 |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $4K |
| Annual Depreciation | $75K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $83K |
| 5-Year Total Cost of Ownership | $1.1M |
| Cost Per Kilometer | $5.557 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ferrari 296 GTS Fuel Cost Calculator — Vietnam
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,484
USD equivalent
Monthly Fuel Cost
$207
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$16.56
18L × ₫0.92
Ferrari 296 GTS Depreciation Curve
The Ferrari 296 GTS loses approximately $165K (44%) of its value over 5 years.
Year-by-Year Value
| New | $375K | 100% |
| Year 1 | $300K | 80% |
| Year 2 | $270K | 72% |
| Year 3 | $244K | 65% |
| Year 4 | $225K | 60% |
| Year 5 | $210K | 56% |
Depreciation based on exotic segment averages.
Ferrari 296 GTS vs. Competitors in Vietnam
How does the Ferrari 296 GTS compare to similar cars available in Vietnam?
Ferrari
296 GTS
Base Price
$375K
Annual Cost in Vietnam
$83K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Vietnam
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Vietnam
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Vietnam
$40K
Annual costs estimated for Vietnam market. Import duty (70%) and VAT (10%) applied to all models.
🇻🇳 Owning a Car in Vietnam
Very high import taxes on cars.
Very Expensive for Vietnam
Annual car costs = 2253% of average Vietnam income ($4K/yr)
Average Annual Income
$4K
In Vietnam
Fuel Price
₫0.92/L
Gasoline dominant
Avg Car Insurance
$470
Per year
Import Duty
70%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in Vietnam
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Ferrari 296 GTS in Vietnam — Frequently Asked Questions
Common questions about owning a Ferrari 296 GTS in Vietnam.
The 2023 Ferrari 296 GTS has a base price of $375,000 USD. In Vietnam, after 70% import duty and 10% VAT, the total purchase price is approximately $701,250 USD (₫701,250 VND).