Originally Posted by
anesthesiapro
The true cost of ownership of a lambo or similar exotic can be an arduous task to estimate. However, it is easier to accurately estimate the costs of a new or near-new model. Based on my experience (6 months of exotic car research before purchase), one can add 50-70% of the original cost of the vehicle for the true cost of ownership over a 5 year period. For example, a lambo with an original cost of 250K will really cost you 375-425K over a 5 year period. That is about 230$ a day. This equation accounts for: cost of vehicle, fuel (about 1$/mile), tax, title, registration, maintenance, typical repairs, aftermarket warrantee, shipping (many are purchased in Italy and shipped) ,exotic car insurance, and exotic car financing costs (typically 2/3's of the purchase price on a 3-5 year bank note). Hope this helps.
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