2024 Factory Five GTMTrue Cost of Ownership in Vietnam
400 hp V8, kit car. Full cost breakdown including import duty (70%), VAT (10%), insurance, fuel at ₫0.9/L, maintenance, and depreciation.
Purchase Price
$94K
Base: $50K
Annual Total
$15K
Insurance + fuel + maintenance
Import Duty
$35K
70% of base price
VAT
$9K
10% applied
Annual Insurance
$450
Avg for this country
5-Year Total
$168K
Purchase + 5yr running costs
2024 Factory Five GTM — Full Cost Breakdown in Vietnam
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $50K |
| Import Duty (70%) | $35K |
| VAT / Sales Tax (10%) | $9K |
| Total Purchase Price | $94K |
| Annual Insurance | $450 |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $804 |
| Annual Depreciation | $11K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $15K |
| 5-Year Total Cost of Ownership | $168K |
| Cost Per Kilometer | $0.994 |
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 — Vietnam
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,350
USD equivalent
Monthly Fuel Cost
$113
Per month average
Annual Liters Used
1,500L
At 15,000 km/yr
Cost per 100km
$9.00
10L × ₫0.90
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 Vietnam
How does the Factory Five GTM compare to similar cars available in Vietnam?
Factory Five
GTM
Base Price
$50K
Annual Cost in Vietnam
$15K
Porsche
718 Cayman
Base Price
$65K
Annual Cost in Vietnam
$14K
BMW
M2
Base Price
$63K
Annual Cost in Vietnam
$14K
Toyota
GR86
Base Price
$30K
Annual Cost in Vietnam
$8K
Annual costs estimated for Vietnam market. Import duty (70%) and VAT (10%) applied to all models.
🇻🇳 Owning a Car in Vietnam
Very high import taxes on cars.
Very Expensive for Vietnam
Annual car costs = 426% of average Vietnam income ($4K/yr)
Average Annual Income
$4K
In Vietnam
Fuel Price
₫0.90/L
Gasoline dominant
Avg Car Insurance
$450
Per year
Import Duty
70%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in Vietnam
Factory Five GTM in Vietnam — Frequently Asked Questions
Common questions about owning a Factory Five GTM in Vietnam.
The 2024 Factory Five GTM has a base price of $50,000 USD. In Vietnam, after 70% import duty and 10% VAT, the total purchase price is approximately $93,500 USD (₫93,500 VND).