2023 BYD Han EVTrue Cost of Ownership in New Zealand
469 hp all-electric. Full cost breakdown including import duty (5%), VAT (15%), insurance, fuel at NZ$1.5/L, maintenance, and depreciation.
Purchase Price
$58K
Base: $48K
Annual Total
$22K
Insurance + fuel + maintenance
Import Duty
$2K
5% of base price
VAT
$8K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$169K
Purchase + 5yr running costs
2023 BYD Han EV — Full Cost Breakdown in New Zealand
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $48K |
| Import Duty (5%) | $2K |
| VAT / Sales Tax (15%) | $8K |
| Total Purchase Price | $58K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $5K |
| Annual Depreciation | $12K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $22K |
| 5-Year Total Cost of Ownership | $169K |
| Cost Per Kilometer | $1.483 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
BYD Han EV Fuel Cost Calculator — New Zealand
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,700
USD equivalent
Monthly Fuel Cost
$225
Per month average
Annual Liters Used
1,800L
At 15,000 km/yr
Cost per 100km
$18.00
12L × NZ$1.50
BYD Han EV Depreciation Curve
The BYD Han EV loses approximately $26K (54%) of its value over 5 years.
Year-by-Year Value
| New | $48K | 100% |
| Year 1 | $36K | 75% |
| Year 2 | $31K | 65% |
| Year 3 | $27K | 57% |
| Year 4 | $24K | 51% |
| Year 5 | $22K | 46% |
Depreciation based on luxury segment averages.
BYD Han EV vs. Competitors in New Zealand
How does the BYD Han EV compare to similar cars available in New Zealand?
BYD
Han EV
Base Price
$48K
Annual Cost in New Zealand
$22K
BMW
3 Series
Base Price
$45K
Annual Cost in New Zealand
$12K
Mercedes-Benz
C-Class
Base Price
$47K
Annual Cost in New Zealand
$13K
Audi
A4
Base Price
$44K
Annual Cost in New Zealand
$12K
Annual costs estimated for New Zealand market. Import duty (5%) and VAT (15%) applied to all models.
🇳🇿 Owning a Car in New Zealand
High fuel prices relative to income.
Expensive for New Zealand
Annual car costs = 53% of average New Zealand income ($42K/yr)
Average Annual Income
$42K
In New Zealand
Fuel Price
NZ$1.50/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
5%
On vehicle value
VAT / Sales Tax
15%
Applied at purchase
Driving Side
Left-hand
Oceania
Popular Car Brands in New Zealand
BYD Han EV in New Zealand — Frequently Asked Questions
Common questions about owning a BYD Han EV in New Zealand.
The 2023 BYD Han EV has a base price of $48,000 USD. In New Zealand, after 5% import duty and 15% VAT, the total purchase price is approximately $57,960 USD (NZ$57,960 NZD).