2024 Factory Five GTMTrue Cost of Ownership in Chile
400 hp V8, kit car. Full cost breakdown including import duty (6%), VAT (19%), insurance, fuel at $1.05/L, maintenance, and depreciation.
Purchase Price
$63K
Base: $50K
Annual Total
$17K
Insurance + fuel + maintenance
Import Duty
$3K
6% of base price
VAT
$10K
19% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$146K
Purchase + 5yr running costs
2024 Factory Five GTM — Full Cost Breakdown in Chile
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $50K |
| Import Duty (6%) | $3K |
| VAT / Sales Tax (19%) | $10K |
| Total Purchase Price | $63K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $2K |
| Annual Depreciation | $11K |
| Registration & Road Tax | $450 |
| Total Annual Running Cost | $17K |
| 5-Year Total Cost of Ownership | $146K |
| Cost Per Kilometer | $1.100 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Factory Five GTM Fuel Cost Calculator — Chile
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,575
USD equivalent
Monthly Fuel Cost
$131
Per month average
Annual Liters Used
1,500L
At 15,000 km/yr
Cost per 100km
$10.50
10L × $1.05
Factory Five GTM Depreciation Curve
The Factory Five GTM loses approximately $25K (50%) of its value over 5 years.
Year-by-Year Value
| New | $50K | 100% |
| Year 1 | $39K | 78% |
| Year 2 | $34K | 68% |
| Year 3 | $30K | 60% |
| Year 4 | $27K | 54% |
| Year 5 | $25K | 50% |
Depreciation based on sports segment averages.
Factory Five GTM vs. Competitors in Chile
How does the Factory Five GTM compare to similar cars available in Chile?
Factory Five
GTM
Base Price
$50K
Annual Cost in Chile
$17K
Porsche
718 Cayman
Base Price
$65K
Annual Cost in Chile
$14K
BMW
M2
Base Price
$63K
Annual Cost in Chile
$14K
Toyota
GR86
Base Price
$30K
Annual Cost in Chile
$8K
Annual costs estimated for Chile market. Import duty (6%) and VAT (19%) applied to all models.
🇨🇱 Owning a Car in Chile
Low import tax, moderate running costs.
Very Expensive for Chile
Annual car costs = 103% of average Chile income ($16K/yr)
Average Annual Income
$16K
In Chile
Fuel Price
$1.05/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
6%
On vehicle value
VAT / Sales Tax
19%
Applied at purchase
Driving Side
Right-hand
South America
Popular Car Brands in Chile
Factory Five GTM in Chile — Frequently Asked Questions
Common questions about owning a Factory Five GTM in Chile.
The 2024 Factory Five GTM has a base price of $50,000 USD. In Chile, after 6% import duty and 19% VAT, the total purchase price is approximately $63,070 USD ($63,070 CLP).