2024 Factory Five GTMTrue Cost of Ownership in Hungary
400 hp V8, kit car. Full cost breakdown including import duty (10%), VAT (27%), insurance, fuel at Ft1.5/L, maintenance, and depreciation.
Purchase Price
$70K
Base: $50K
Annual Total
$17K
Insurance + fuel + maintenance
Import Duty
$5K
10% of base price
VAT
$15K
27% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$152K
Purchase + 5yr running costs
2024 Factory Five GTM — Full Cost Breakdown in Hungary
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $50K |
| Import Duty (10%) | $5K |
| VAT / Sales Tax (27%) | $15K |
| Total Purchase Price | $70K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $2K |
| Annual Depreciation | $11K |
| Registration & Road Tax | $350 |
| Total Annual Running Cost | $17K |
| 5-Year Total Cost of Ownership | $152K |
| Cost Per Kilometer | $1.102 |
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 — Hungary
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,250
USD equivalent
Monthly Fuel Cost
$188
Per month average
Annual Liters Used
1,500L
At 15,000 km/yr
Cost per 100km
$15.00
10L × Ft1.50
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 Hungary
How does the Factory Five GTM compare to similar cars available in Hungary?
Factory Five
GTM
Base Price
$50K
Annual Cost in Hungary
$17K
Porsche
718 Cayman
Base Price
$65K
Annual Cost in Hungary
$14K
BMW
M2
Base Price
$63K
Annual Cost in Hungary
$14K
Toyota
GR86
Base Price
$30K
Annual Cost in Hungary
$8K
Annual costs estimated for Hungary market. Import duty (10%) and VAT (27%) applied to all models.
🇭🇺 Owning a Car in Hungary
Affordable Eastern European market.
Very Expensive for Hungary
Annual car costs = 103% of average Hungary income ($16K/yr)
Average Annual Income
$16K
In Hungary
Fuel Price
Ft1.50/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
27%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Hungary
Factory Five GTM in Hungary — Frequently Asked Questions
Common questions about owning a Factory Five GTM in Hungary.
The 2024 Factory Five GTM has a base price of $50,000 USD. In Hungary, after 10% import duty and 27% VAT, the total purchase price is approximately $69,850 USD (Ft69,850 HUF).