Monday 20 March 2023

What Some Are Paying In Marchamo

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The owner of the 2013 Lexus LFA, similar to the one pictured above, will be paying the most for the 2016 marchamo. Photo for illustrative purposes.
The owner of the 2013 Lexus LFA, similar to the one pictured above, will be paying the most for the 2016 marchamo. Photo for illustrative purposes.

QCOSTARICA vis Ticobull.com – Today, Monday, the 2016 annual circulation permit, known as the “marchamo”, the Instituto Nacional de Seguros (INS) – National Insurance – putting online the cost each of the 1.344.836 vehicles registered in the country.

The marchamo is a combination of various items that includes the mandatory third-party liability insurance (by INS) and series of taxes, including property tax. In total, the INS expected to collect more than ¢200 billion colones.

Five vehicle owners will contribute a total of ¢37.394.100 colones, with the highest single payment for 2016 going to the owner of a 2012 Lexus LFA with a fiscal (tax) valued at ¢278.100.000 colones (US$525,000 dollars). The car has a v10 engine, that can accellerate from 0 a 100 km/h in 3.7 seconds and maximum speed of 325 km/h. (It is a criminal offence in Costa Rica to drive over 150 km/h)

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The owner of this vehicle will be paying ¢9.688.720 colones or US$18,000 dollars at the current exchange rate, for the privilege of driving on Costa Rica’s roads.

Of the other four, two are Ferrari and Mercedes-Benz.

The Italian made Ferrari 458 Spider 2015 can go from 0-100 km/h in 3.4 seconds. A lot slower in San Jose traffic. Photo for illustrative purposes.
The Italian made Ferrari 458 Spider 2015 can go from 0-100 km/h in 3.4 seconds. A lot slower in San Jose traffic. Photo for illustrative purposes.

One of the Ferrari (the second highest marchamo) is a 2015 model Ferrari 458 Spider with a tax value of ¢267.000.000, of which the 2016 marchamo comes to ¢9.300.220. This car is equipped with a 570-hp, 4.5-liter V-8 engine and 7-speed auto-shift manual w/OD and auto-manual transmission and go from 0-100 km/h in 3.4 seconds. Specs say it gas performance is 13 miles per gallon in city driving and 17 on the highway.

The other Ferrari is also a 458 Spider, but an older model, a 2013, is the third most expensive marchamo, is a 2013 model with a tax value of ¢218.160.000, with a marchamo of ¢7.590.820.

Fourth for the most to pay in the 2016 marchamo is the owner of a 2014 Mercedes Benz SLS GT AMG, with a tax value of ¢160.980.000 and ¢5.589.520 payable in marchamo.

This car sports a V8 engine and an automatic transmission. It won’t beat the Ferrari in accelleration, needs 3.8 seconds to go from 0-100 km/h, but matches up pretty well with the Ferrari’s standing still on the Ruta 27 Escazu traffic.

2014 Mercedes Benz SLS GT AMG. Photo for illustrative purposes
2014 Mercedes Benz SLS GT AMG. Photo for illustrative purposes
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The fifth is a 2013 Mercedes Benz SL65 AMG with a tax value of ¢150.560.000 and a marchamo of ¢5.224.820.

2013 Mercedes Benz SL65 AMG. Photo for illustrative purposes.
2013 Mercedes Benz SL65 AMG. Photo for illustrative purposes.

In complete contrast, my 2016 marchamo on my Mercedes-Benz 300SE, a 1986 model, is only ¢74.550 colones.

The names of the owners and the license plates have been omitted to protect their privacy. But the next time you see a Mercedes, Lexus or Ferrari, just think of the astronomical marchamo that is being paid by its owner for the privilege of driving on the same great roads you and I drive on. Potholes and all.

Article first appeared at Ticobull.com

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