2024 Factory Five GTMTrue Cost of Ownership in New Zealand
400 hp V8, kit car. Full cost breakdown including import duty (5%), VAT (15%), insurance, fuel at NZ$1.5/L, maintenance, and depreciation.
Purchase Price
$60K
Base: $50K
Annual Total
$19K
Insurance + fuel + maintenance
Import Duty
$3K
5% of base price
VAT
$8K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$155K
Purchase + 5yr running costs
2024 Factory Five GTM — Full Cost Breakdown in New Zealand
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $50K |
| Import Duty (5%) | $3K |
| VAT / Sales Tax (15%) | $8K |
| Total Purchase Price | $60K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $3K |
| Annual Depreciation | $11K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $19K |
| 5-Year Total Cost of Ownership | $155K |
| Cost Per Kilometer | $1.258 |
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 — New Zealand
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 × NZ$1.50
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 New Zealand
How does the Factory Five GTM compare to similar cars available in New Zealand?
Factory Five
GTM
Base Price
$50K
Annual Cost in New Zealand
$19K
Porsche
718 Cayman
Base Price
$65K
Annual Cost in New Zealand
$14K
BMW
M2
Base Price
$63K
Annual Cost in New Zealand
$14K
Toyota
GR86
Base Price
$30K
Annual Cost in New Zealand
$8K
Annual costs estimated for New Zealand market. Import duty (5%) and VAT (15%) applied to all models.
🇳🇿 Owning a Car in New Zealand
High fuel prices relative to income.
Expensive for New Zealand
Annual car costs = 45% of average New Zealand income ($42K/yr)
Average Annual Income
$42K
In New Zealand
Fuel Price
NZ$1.50/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
5%
On vehicle value
VAT / Sales Tax
15%
Applied at purchase
Driving Side
Left-hand
Oceania
Popular Car Brands in New Zealand
Factory Five GTM in New Zealand — Frequently Asked Questions
Common questions about owning a Factory Five GTM in New Zealand.
The 2024 Factory Five GTM has a base price of $50,000 USD. In New Zealand, after 5% import duty and 15% VAT, the total purchase price is approximately $60,375 USD (NZ$60,375 NZD).