2024 BYD SealTrue Cost of Ownership in Hong Kong
313 hp all-electric. Full cost breakdown including import duty (115%), VAT (0%), insurance, fuel at HK$2.2/L, maintenance, and depreciation.
Purchase Price
$86K
Base: $40K
Annual Total
$20K
Insurance + fuel + maintenance
Import Duty
$46K
115% of base price
VAT
$0
0% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$185K
Purchase + 5yr running costs
2024 BYD Seal — 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) | $40K |
| Import Duty (115%) | $46K |
| VAT / Sales Tax (0%) | $0 |
| Total Purchase Price | $86K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $1K |
| Annual Depreciation | $8K |
| Registration & Road Tax | $6K |
| Total Annual Running Cost | $20K |
| 5-Year Total Cost of Ownership | $185K |
| Cost Per Kilometer | $1.317 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
BYD Seal 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
$1,980
USD equivalent
Monthly Fuel Cost
$165
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$13.20
6L × HK$2.20
BYD Seal Depreciation Curve
The BYD Seal loses approximately $20K (49%) of its value over 5 years.
Year-by-Year Value
| New | $40K | 100% |
| Year 1 | $32K | 80% |
| Year 2 | $28K | 70% |
| Year 3 | $25K | 62% |
| Year 4 | $22K | 56% |
| Year 5 | $20K | 51% |
Depreciation based on economy segment averages.
BYD Seal vs. Competitors in Hong Kong
How does the BYD Seal compare to similar cars available in Hong Kong?
BYD
Seal
Base Price
$40K
Annual Cost in Hong Kong
$20K
Toyota
Yaris
Base Price
$22K
Annual Cost in Hong Kong
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Hong Kong
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Hong Kong
$4K
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 = 41% 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
BYD Seal in Hong Kong — Frequently Asked Questions
Common questions about owning a BYD Seal in Hong Kong.
The 2024 BYD Seal has a base price of $40,000 USD. In Hong Kong, after 115% import duty and 0% VAT, the total purchase price is approximately $86,000 USD (HK$86,000 HKD).