2020 Ferrari GTC4Lusso TTrue Cost of Ownership in Philippines
610 hp twin-turbo V8, 4-seat. Full cost breakdown including import duty (30%), VAT (12%), insurance, fuel at ₱1.08/L, maintenance, and depreciation.
Purchase Price
$379K
Base: $260K
Annual Total
$63K
Insurance + fuel + maintenance
Import Duty
$78K
30% of base price
VAT
$41K
12% applied
Annual Insurance
$780
Avg for this country
5-Year Total
$693K
Purchase + 5yr running costs
2020 Ferrari GTC4Lusso T — Full Cost Breakdown in Philippines
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $260K |
| Import Duty (30%) | $78K |
| VAT / Sales Tax (12%) | $41K |
| Total Purchase Price | $379K |
| Annual Insurance | $780 |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $7K |
| Annual Depreciation | $52K |
| Registration & Road Tax | $590 |
| Total Annual Running Cost | $63K |
| 5-Year Total Cost of Ownership | $693K |
| Cost Per Kilometer | $4.198 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ferrari GTC4Lusso T Fuel Cost Calculator — Philippines
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,916
USD equivalent
Monthly Fuel Cost
$243
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$19.44
18L × ₱1.08
Ferrari GTC4Lusso T Depreciation Curve
The Ferrari GTC4Lusso T loses approximately $114K (44%) of its value over 5 years.
Year-by-Year Value
| New | $260K | 100% |
| Year 1 | $208K | 80% |
| Year 2 | $187K | 72% |
| Year 3 | $169K | 65% |
| Year 4 | $156K | 60% |
| Year 5 | $146K | 56% |
Depreciation based on exotic segment averages.
Ferrari GTC4Lusso T vs. Competitors in Philippines
How does the Ferrari GTC4Lusso T compare to similar cars available in Philippines?
Ferrari
GTC4Lusso T
Base Price
$260K
Annual Cost in Philippines
$63K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Philippines
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Philippines
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Philippines
$40K
Annual costs estimated for Philippines market. Import duty (30%) and VAT (12%) applied to all models.
🇵🇭 Owning a Car in Philippines
Traffic congestion increases fuel costs.
Very Expensive for Philippines
Annual car costs = 1702% of average Philippines income ($4K/yr)
Average Annual Income
$4K
In Philippines
Fuel Price
₱1.08/L
Gasoline dominant
Avg Car Insurance
$780
Per year
Import Duty
30%
On vehicle value
VAT / Sales Tax
12%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in Philippines
Advertisement
Ferrari GTC4Lusso T in Philippines — Frequently Asked Questions
Common questions about owning a Ferrari GTC4Lusso T in Philippines.
The 2020 Ferrari GTC4Lusso T has a base price of $260,000 USD. In Philippines, after 30% import duty and 12% VAT, the total purchase price is approximately $378,560 USD (₱378,560 PHP).