How much does it cost to insure a Ferrari 488?

How much does it cost to insure a Ferrari 488?

The average insurance costs for a Ferrari 488 is $868 per month — $10,416 per year . Your actual cost could be more or less depending on your driving record, the number of miles you drive in a year and other factors.

How much does a Ferrari cost per month?

If we take an average loan term (60 month loan with 4.21% APR), your monthly payment will be $5,831. That’s a good chunk of change, and it’s likely the Ferrari wouldn’t be your first supercar in this scenario.

How much is insurance on a 2019 Lamborghini?

2019 Lamborghini Urus Insurance Rates by Companies

Insurance Company 12 month Premium
Farmers $1,821.00 / year
Mercury $1,870.00 / year
Permanent General $2,564.00 / year
Loya Insurance $2,771.00 / year

How much does it cost to insure a Ferrari F12?

The F12’s average insurance rate is $1,015 per month, or $12,180 per year. That cost is a whopping $10,750 above the national average of $1,426 per year.

Will USAA insure a Ferrari?

We checked with the top 10 car insurance companies and found that only four will give you a quote for a Ferrari: State Farm, Farmers, American Family and USAA. Having fewer options to buy Ferrari insurance means you may have a more difficult time insuring your car.

Is a Ferrari high maintenance?

Maintenance on a Ferrari is costly. A service check typically cost around $1,200-2,000. An oil change on an older Ferrari typically cost around $1,000 and a major service check can cost between $3,000-7,000.

Why is Ferrari maintenance so expensive?

Add that to the price of parts, regular maintenance trips, and labor to maintain the Ferrari, it makes you wonder if it’s really worth paying a ton for this car. Despite the price tag, and the cost to own the vehicle, owning a Ferrari is well worth it.

Will Geico insure a Lamborghini?

Insuring an exotic car—such as a Lamborghini—can be difficult, as some insurance companies simply do not offer coverage for these vehicles….How to get Lamborghini car insurance.

Insurer Provides online auto insurance quotes for Lamborghinis
Allstate Yes
Esurance Yes
Geico No
Progressive No

How much is insurance on a McLaren?

The average cost of car insurance for a McLaren model is about $3,711 per year. This is $1,817 worse than other luxury brands. Our car insurance comparison studies assume a 40 year old good driver with full coverage and good credit, that drives around 13,000 miles per year.

What is a 488 Ferrari?

The Ferrari 488 (Type F142M) is a mid-engine sports car produced by the Italian automobile manufacturer Ferrari. The car is powered by a 3.9-litre twin-turbocharged V8 engine, smaller in displacement but generating a higher power output than the 458’s naturally aspirated engine.

How much would it cost to insure a Ferrari?

Ferrari insurance is very expensive. Across four insurers and nine Ferrari models, we found an average six-month policy cost of $5,235. However, the cost varied dramatically depending on whether the quotes were from a standard insurer or from a company that specializes in coverage for classic and collector cars.

How much does a Ferrari actually cost?

Prices Starting at. $256,550. The latest in a long line of mid-engined Ferraris, the drool-worthy 488GTB is an exotic two-seater that’s worthy of being celebrated with a poster on your bedroom wall.

Is Ferrari sports car?

Ferrari is an Italian automotive manufacturer in the Formula One World Championship, also involved in high-end and high-performance racing cars, supercars, and sports cars.

What is Ferrari company?

Ferrari N.V. (Italian: [ferˈraːri]) is an Italian luxury sports car manufacturer based in Maranello . Founded by Enzo Ferrari in 1939 out of Alfa Romeo ‘s race division as Auto Avio Costruzioni, the company built its first car in 1940.