The 2024 Ferrari Purosangue has everything you would expect of an SUV from the Italian marque. It looks beautiful (as far as SUVs go), has a high-revving and naturally-aspirated V12, promises potent performance, and has a cabin clad in nothing but the finest materials. It also has a price tag very fitting of a Ferrari.
While Ferrari has already disclosed how much the Purosangue will cost in various markets, it has only just now revealed that it will set back U.S. buyers $398,350. That figure includes a $5,000 destination charge but does not include the gas-guzzler tax. Speaking with Car and Driver, Ferrari said this tax is still yet to be determined.
Read: Ferrari Halts Orders For Purosangue As SUV Sold Out For Two Years
A vehicle’s gas guzzler tax is determined based on its official fuel economy rating which, in the case of the Purosangue, has not been announced by the EPA. Alternatively, it’s possible the Purosangue could be exempt from the tax if the U.S. classifies it as a sport utility vehicle.
A near-$400,000 starting price makes the Ferrari Purosangue nearly twice as expensive as a Lamborghini Urus that starts at around $225,000. That’s a staggering price discrepancy with what could be considered the Purosangue’s closest rival but doesn’t come as much of a surprise. In the UK, the Ferrari starts at £313,120 (~$376,000), considerably more than the £177,000 (~$213,000) starting price of the Urus and the £160,000 (~$192,000) starting price of an Aston Martin DBX.
Then there’s the issue of optional extras. Ferrari is known for charging eye-watering sums for certain options. Indeed, we suspect it’ll be quite easy for shoppers to spec out their Purosangue SUVs to cost more than $500,000.
For that money, they will get something that SUVs from rivals don’t offer; a naturally-aspirated 6.5-liter V12. This engine pumps out 715 hp and 528 lb-ft (715 Nm) and is coupled to an eight-speed dual-clutch transmission sending power through all four wheels.
