2023 Drako GTETrue Cost of Ownership in Vietnam
1,200 hp all-electric. Full cost breakdown including import duty (70%), VAT (10%), insurance, fuel at ₫0.9/L, maintenance, and depreciation.
Purchase Price
$2.4M
Base: $1.3M
Annual Total
$366K
Insurance + fuel + maintenance
Import Duty
$910K
70% of base price
VAT
$221K
10% applied
Annual Insurance
$450
Avg for this country
5-Year Total
$4.3M
Purchase + 5yr running costs
2023 Drako GTE — Full Cost Breakdown in Vietnam
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $1.3M |
| Import Duty (70%) | $910K |
| VAT / Sales Tax (10%) | $221K |
| Total Purchase Price | $2.4M |
| Annual Insurance | $450 |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $386 |
| Annual Depreciation | $364K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $366K |
| 5-Year Total Cost of Ownership | $4.3M |
| Cost Per Kilometer | $24.409 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Drako GTE Fuel Cost Calculator — Vietnam
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
⚡ Electric Vehicle
The Drako GTE runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Vietnam.
$0 Fuel Cost
Electric vehicle — no gasoline required
Drako GTE Depreciation Curve
The Drako GTE loses approximately $741K (57%) of its value over 5 years.
Year-by-Year Value
| New | $1.3M | 100% |
| Year 1 | $936K | 72% |
| Year 2 | $806K | 62% |
| Year 3 | $702K | 54% |
| Year 4 | $624K | 48% |
| Year 5 | $559K | 43% |
Depreciation based on electric segment averages.
Drako GTE vs. Competitors in Vietnam
How does the Drako GTE compare to similar cars available in Vietnam?
Drako
GTE
Base Price
$1.3M
Annual Cost in Vietnam
$366K
Tesla
Model 3
Base Price
$42K
Annual Cost in Vietnam
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in Vietnam
$5K
BMW
i4
Base Price
$56K
Annual Cost in Vietnam
$8K
Annual costs estimated for Vietnam market. Import duty (70%) and VAT (10%) applied to all models.
🇻🇳 Owning a Car in Vietnam
Very high import taxes on cars.
Very Expensive for Vietnam
Annual car costs = 10461% of average Vietnam income ($4K/yr)
Average Annual Income
$4K
In Vietnam
Fuel Price
₫0.90/L
Gasoline dominant
Avg Car Insurance
$450
Per year
Import Duty
70%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in Vietnam
Drako GTE in Vietnam — Frequently Asked Questions
Common questions about owning a Drako GTE in Vietnam.
The 2023 Drako GTE has a base price of $1,300,000 USD. In Vietnam, after 70% import duty and 10% VAT, the total purchase price is approximately $2,431,000 USD (₫2,431,000 VND).