2022 Apollo IE EvoTrue Cost of Ownership in China
780 hp NA V12, evolved. Full cost breakdown including import duty (15%), VAT (13%), insurance, fuel at ¥1.1/L, maintenance, and depreciation.
Purchase Price
$3.8M
Base: $2.9M
Annual Total
$461K
Insurance + fuel + maintenance
Import Duty
$435K
15% of base price
VAT
$434K
13% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$6.1M
Purchase + 5yr running costs
2022 Apollo IE Evo — Full Cost Breakdown in China
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $2.9M |
| Import Duty (15%) | $435K |
| VAT / Sales Tax (13%) | $434K |
| Total Purchase Price | $3.8M |
| Annual Insurance | $1K |
| Annual Fuel Cost | $4K |
| Annual Maintenance | $21K |
| Annual Depreciation | $435K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $461K |
| 5-Year Total Cost of Ownership | $6.1M |
| Cost Per Kilometer | $30.748 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Apollo IE Evo Fuel Cost Calculator — China
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,630
USD equivalent
Monthly Fuel Cost
$303
Per month average
Annual Liters Used
3,300L
At 15,000 km/yr
Cost per 100km
$24.20
22L × ¥1.10
Apollo IE Evo Depreciation Curve
The Apollo IE Evo loses approximately $1.0M (35%) of its value over 5 years.
Year-by-Year Value
| New | $2.9M | 100% |
| Year 1 | $2.5M | 85% |
| Year 2 | $2.3M | 78% |
| Year 3 | $2.1M | 72% |
| Year 4 | $2.0M | 68% |
| Year 5 | $1.9M | 65% |
Depreciation based on hypercar segment averages.
Apollo IE Evo vs. Competitors in China
How does the Apollo IE Evo compare to similar cars available in China?
Apollo
IE Evo
Base Price
$2.9M
Annual Cost in China
$461K
Bugatti
Chiron
Base Price
$3.0M
Annual Cost in China
$350K
Koenigsegg
Jesko
Base Price
$3.0M
Annual Cost in China
$320K
Pagani
Huayra
Base Price
$1.4M
Annual Cost in China
$180K
Annual costs estimated for China market. Import duty (15%) and VAT (13%) applied to all models.
🇨🇳 Owning a Car in China
License plate lottery in major cities.
Very Expensive for China
Annual car costs = 3843% of average China income ($12K/yr)
Average Annual Income
$12K
In China
Fuel Price
¥1.10/L
Mixed dominant
Avg Car Insurance
$1K
Per year
Import Duty
15%
On vehicle value
VAT / Sales Tax
13%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in China
Apollo IE Evo in China — Frequently Asked Questions
Common questions about owning a Apollo IE Evo in China.
The 2022 Apollo IE Evo has a base price of $2,900,000 USD. In China, after 15% import duty and 13% VAT, the total purchase price is approximately $3,768,550 USD (¥3,768,550 CNY).