2024 Buick Encore GX SportTrue Cost of Ownership in Hong Kong
155 hp turbocharged inline-3. Full cost breakdown including import duty (115%), VAT (0%), insurance, fuel at HK$2.2/L, maintenance, and depreciation.
Purchase Price
$75K
Base: $35K
Annual Total
$21K
Insurance + fuel + maintenance
Import Duty
$40K
115% of base price
VAT
$0
0% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$180K
Purchase + 5yr running costs
2024 Buick Encore GX Sport — Full Cost Breakdown in Hong Kong
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $35K |
| Import Duty (115%) | $40K |
| VAT / Sales Tax (0%) | $0 |
| Total Purchase Price | $75K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $2K |
| Annual Depreciation | $8K |
| Registration & Road Tax | $6K |
| Total Annual Running Cost | $21K |
| 5-Year Total Cost of Ownership | $180K |
| Cost Per Kilometer | $1.396 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Buick Encore GX Sport Fuel Cost Calculator — Hong Kong
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,640
USD equivalent
Monthly Fuel Cost
$220
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$17.60
8L × HK$2.20
Buick Encore GX Sport Depreciation Curve
The Buick Encore GX Sport loses approximately $19K (54%) of its value over 5 years.
Year-by-Year Value
| New | $35K | 100% |
| Year 1 | $27K | 78% |
| Year 2 | $23K | 67% |
| Year 3 | $20K | 58% |
| Year 4 | $18K | 51% |
| Year 5 | $16K | 46% |
Depreciation based on mid-range segment averages.
Buick Encore GX Sport vs. Competitors in Hong Kong
How does the Buick Encore GX Sport compare to similar cars available in Hong Kong?
Buick
Encore GX Sport
Base Price
$35K
Annual Cost in Hong Kong
$21K
Toyota
Camry
Base Price
$28K
Annual Cost in Hong Kong
$7K
Honda
Accord
Base Price
$30K
Annual Cost in Hong Kong
$7K
Mazda
Mazda6
Base Price
$27K
Annual Cost in Hong Kong
$7K
Annual costs estimated for Hong Kong market. Import duty (115%) and VAT (0%) applied to all models.
🇭🇰 Owning a Car in Hong Kong
First registration tax up to 115%. Fuel ~HK$20/L.
Expensive for Hong Kong
Annual car costs = 44% of average Hong Kong income ($48K/yr)
Average Annual Income
$48K
In Hong Kong
Fuel Price
HK$2.20/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
115%
On vehicle value
VAT / Sales Tax
0%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in Hong Kong
Buick Encore GX Sport in Hong Kong — Frequently Asked Questions
Common questions about owning a Buick Encore GX Sport in Hong Kong.
The 2024 Buick Encore GX Sport has a base price of $35,000 USD. In Hong Kong, after 115% import duty and 0% VAT, the total purchase price is approximately $75,250 USD (HK$75,250 HKD).
Related Car Cost Pages
Buick Encore GX Sport in Other Countries
- 🇺🇸Buick Encore GX Sport in United States
- 🇬🇧Buick Encore GX Sport in United Kingdom
- 🇩🇪Buick Encore GX Sport in Germany
- 🇫🇷Buick Encore GX Sport in France
- 🇯🇵Buick Encore GX Sport in Japan
- 🇦🇺Buick Encore GX Sport in Australia
- 🇨🇦Buick Encore GX Sport in Canada
- 🇳🇴Buick Encore GX Sport in Norway
- View all 50 countries →