2024 Factory Five GTMTrue Cost of Ownership in Italy
400 hp V8, kit car. Full cost breakdown including import duty (10%), VAT (22%), insurance, fuel at €1.9/L, maintenance, and depreciation.
Purchase Price
$67K
Base: $50K
Annual Total
$22K
Insurance + fuel + maintenance
Import Duty
$5K
10% of base price
VAT
$12K
22% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$175K
Purchase + 5yr running costs
2024 Factory Five GTM — Full Cost Breakdown in Italy
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 (22%) | $12K |
| Total Purchase Price | $67K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $4K |
| Annual Depreciation | $11K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $22K |
| 5-Year Total Cost of Ownership | $175K |
| Cost Per Kilometer | $1.438 |
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 — Italy
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,850
USD equivalent
Monthly Fuel Cost
$238
Per month average
Annual Liters Used
1,500L
At 15,000 km/yr
Cost per 100km
$19.00
10L × €1.90
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 Italy
How does the Factory Five GTM compare to similar cars available in Italy?
Factory Five
GTM
Base Price
$50K
Annual Cost in Italy
$22K
Porsche
718 Cayman
Base Price
$65K
Annual Cost in Italy
$14K
BMW
M2
Base Price
$63K
Annual Cost in Italy
$14K
Toyota
GR86
Base Price
$30K
Annual Cost in Italy
$8K
Annual costs estimated for Italy market. Import duty (10%) and VAT (22%) applied to all models.
🇮🇹 Owning a Car in Italy
ZTL restricted zones in historic city centers.
Expensive for Italy
Annual car costs = 62% of average Italy income ($35K/yr)
Average Annual Income
$35K
In Italy
Fuel Price
€1.90/L
Diesel dominant
Avg Car Insurance
$2K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
22%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Italy
Factory Five GTM in Italy — Frequently Asked Questions
Common questions about owning a Factory Five GTM in Italy.
The 2024 Factory Five GTM has a base price of $50,000 USD. In Italy, after 10% import duty and 22% VAT, the total purchase price is approximately $67,100 USD (€67,100 EUR).