2024 Honda CR-V HybridTrue Cost of Ownership in Hong Kong
204 hp hybrid. Full cost breakdown including import duty (115%), VAT (0%), insurance, fuel at HK$2.2/L, maintenance, and depreciation.
Purchase Price
$82K
Base: $38K
Annual Total
$22K
Insurance + fuel + maintenance
Import Duty
$44K
115% of base price
VAT
$0
0% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$190K
Purchase + 5yr running costs
2024 Honda CR-V Hybrid — Full Cost Breakdown in Hong Kong
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $38K |
| Import Duty (115%) | $44K |
| VAT / Sales Tax (0%) | $0 |
| Total Purchase Price | $82K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $2K |
| Annual Depreciation | $8K |
| Registration & Road Tax | $6K |
| Total Annual Running Cost | $22K |
| 5-Year Total Cost of Ownership | $190K |
| Cost Per Kilometer | $1.440 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Honda CR-V Hybrid Fuel Cost Calculator — Hong Kong
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,640
USD equivalent
Monthly Fuel Cost
$220
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$17.60
8L × HK$2.20
Honda CR-V Hybrid Depreciation Curve
The Honda CR-V Hybrid loses approximately $21K (54%) of its value over 5 years.
Year-by-Year Value
| New | $38K | 100% |
| Year 1 | $30K | 78% |
| Year 2 | $25K | 67% |
| Year 3 | $22K | 58% |
| Year 4 | $19K | 51% |
| Year 5 | $17K | 46% |
Depreciation based on mid-range segment averages.
Honda CR-V Hybrid vs. Competitors in Hong Kong
How does the Honda CR-V Hybrid compare to similar cars available in Hong Kong?
Honda
CR-V Hybrid
Base Price
$38K
Annual Cost in Hong Kong
$22K
Toyota
Camry
Base Price
$28K
Annual Cost in Hong Kong
$7K
Honda
Accord
Base Price
$30K
Annual Cost in Hong Kong
$7K
Mazda
Mazda6
Base Price
$27K
Annual Cost in Hong Kong
$7K
Annual costs estimated for Hong Kong market. Import duty (115%) and VAT (0%) applied to all models.
🇭🇰 Owning a Car in Hong Kong
First registration tax up to 115%. Fuel ~HK$20/L.
Expensive for Hong Kong
Annual car costs = 45% of average Hong Kong income ($48K/yr)
Average Annual Income
$48K
In Hong Kong
Fuel Price
HK$2.20/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
115%
On vehicle value
VAT / Sales Tax
0%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in Hong Kong
Honda CR-V Hybrid in Hong Kong — Frequently Asked Questions
Common questions about owning a Honda CR-V Hybrid in Hong Kong.
The 2024 Honda CR-V Hybrid has a base price of $38,000 USD. In Hong Kong, after 115% import duty and 0% VAT, the total purchase price is approximately $81,700 USD (HK$81,700 HKD).