🇬🇧United Kingdom · sports

2024 Factory Five GTMTrue Cost of Ownership in United Kingdom

400 hp V8, kit car. Full cost breakdown including import duty (6.5%), VAT (20%), insurance, fuel at £1.75/L, maintenance, and depreciation.

Annual cost =48%of avg United Kingdom income

Purchase Price

$64K

Base: $50K

Annual Total

$22K

Insurance + fuel + maintenance

Import Duty

$3K

6.5% of base price

VAT

$11K

20% applied

Annual Insurance

$3K

Avg for this country

5-Year Total

$173K

Purchase + 5yr running costs

2024 Factory Five GTM — Full Cost Breakdown in United Kingdom

Every cost component from purchase to 5-year ownership. All figures in USD equivalent.

Cost ComponentAmount (USD)
Base Price (MSRP)$50K
Import Duty (6.5%)$3K
VAT / Sales Tax (20%)$11K
Total Purchase Price$64K
Annual Insurance$3K
Annual Fuel Cost$3K
Annual Maintenance$4K
Annual Depreciation$11K
Registration & Road Tax$1K
Total Annual Running Cost$22K
5-Year Total Cost of Ownership$173K
Cost Per Kilometer$1.453

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 — United Kingdom

Adjust your annual mileage and local fuel price to calculate your exact fuel costs.

Adjust Your Usage

15,000 km
5,000 km50,000 km
£1.75
£0.01Current: £1.75£3.50
Fuel efficiency: 10L per 100km (typical for sports segment)

Annual Fuel Cost

$2,625

USD equivalent

Monthly Fuel Cost

$219

Per month average

Annual Liters Used

1,500L

At 15,000 km/yr

Cost per 100km

$17.50

10L × £1.75

Factory Five GTM Depreciation Curve

The Factory Five GTM loses approximately $25K (50%) of its value over 5 years.

Year-by-Year Value

New$50K100%
Year 1$39K78%
Year 2$34K68%
Year 3$30K60%
Year 4$27K54%
Year 5$25K50%

Depreciation based on sports segment averages.

Factory Five GTM vs. Competitors in United Kingdom

How does the Factory Five GTM compare to similar cars available in United Kingdom?

★ This Car

Factory Five

GTM

Base Price

$50K

Annual Cost in United Kingdom

$22K

400 hp V8, kit car

Porsche

718 Cayman

Base Price

$65K

Annual Cost in United Kingdom

$14K

Best handling, track-ready

BMW

M2

Base Price

$63K

Annual Cost in United Kingdom

$14K

Raw driving experience

Toyota

GR86

Base Price

$30K

Annual Cost in United Kingdom

$8K

Affordable, pure sports car

Annual costs estimated for United Kingdom market. Import duty (6.5%) and VAT (20%) applied to all models.

🇬🇧 Owning a Car in United Kingdom

ULEZ zones add costs in cities.

🔴

Expensive for United Kingdom

Annual car costs = 48% of average United Kingdom income ($45K/yr)

💰

Average Annual Income

$45K

In United Kingdom

Fuel Price

£1.75/L

Gasoline dominant

🛡️

Avg Car Insurance

$3K

Per year

📋

Import Duty

6.5%

On vehicle value

🏛️

VAT / Sales Tax

20%

Applied at purchase

🚗

Driving Side

Left-hand

Europe

Popular Car Brands in United Kingdom

JaguarLand RoverVauxhall

Factory Five GTM in United Kingdom — Frequently Asked Questions

Common questions about owning a Factory Five GTM in United Kingdom.

The 2024 Factory Five GTM has a base price of $50,000 USD. In United Kingdom, after 6.5% import duty and 20% VAT, the total purchase price is approximately $63,900 USD (£63,900 GBP).