2024 Factory Five GTMTrue Cost of Ownership in Qatar
400 hp V8, kit car. Full cost breakdown including import duty (5%), VAT (0%), insurance, fuel at QR0.19/L, maintenance, and depreciation.
Purchase Price
$53K
Base: $50K
Annual Total
$15K
Insurance + fuel + maintenance
Import Duty
$3K
5% of base price
VAT
$0
0% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$126K
Purchase + 5yr running costs
2024 Factory Five GTM — Full Cost Breakdown in Qatar
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 (0%) | $0 |
| Total Purchase Price | $53K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $285 |
| Annual Maintenance | $2K |
| Annual Depreciation | $11K |
| Registration & Road Tax | $150 |
| Total Annual Running Cost | $15K |
| 5-Year Total Cost of Ownership | $126K |
| Cost Per Kilometer | $0.976 |
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 — Qatar
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$285
USD equivalent
Monthly Fuel Cost
$24
Per month average
Annual Liters Used
1,500L
At 15,000 km/yr
Cost per 100km
$1.90
10L × QR0.19
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 Qatar
How does the Factory Five GTM compare to similar cars available in Qatar?
Factory Five
GTM
Base Price
$50K
Annual Cost in Qatar
$15K
Porsche
718 Cayman
Base Price
$65K
Annual Cost in Qatar
$14K
BMW
M2
Base Price
$63K
Annual Cost in Qatar
$14K
Toyota
GR86
Base Price
$30K
Annual Cost in Qatar
$8K
Annual costs estimated for Qatar market. Import duty (5%) and VAT (0%) applied to all models.
🇶🇦 Owning a Car in Qatar
No income/vehicle tax. Very cheap fuel.
Moderate for Qatar
Annual car costs = 29% of average Qatar income ($50K/yr)
Average Annual Income
$50K
In Qatar
Fuel Price
QR0.19/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
5%
On vehicle value
VAT / Sales Tax
0%
Applied at purchase
Driving Side
Right-hand
Middle East
Popular Car Brands in Qatar
Factory Five GTM in Qatar — Frequently Asked Questions
Common questions about owning a Factory Five GTM in Qatar.
The 2024 Factory Five GTM has a base price of $50,000 USD. In Qatar, after 5% import duty and 0% VAT, the total purchase price is approximately $52,500 USD (QR52,500 QAR).