2020 Honda Fit SportTrue Cost of Ownership in Japan
130 hp inline-4. Full cost breakdown including import duty (0%), VAT (10%), insurance, fuel at ¥1.45/L, maintenance, and depreciation.
Purchase Price
$22K
Base: $20K
Annual Total
$9K
Insurance + fuel + maintenance
Import Duty
$0
0% of base price
VAT
$2K
10% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$68K
Purchase + 5yr running costs
2020 Honda Fit Sport — Full Cost Breakdown in Japan
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $20K |
| Import Duty (0%) | $0 |
| VAT / Sales Tax (10%) | $2K |
| Total Purchase Price | $22K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $900 |
| Annual Depreciation | $4K |
| Registration & Road Tax | $2K |
| Total Annual Running Cost | $9K |
| 5-Year Total Cost of Ownership | $68K |
| Cost Per Kilometer | $0.614 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Honda Fit Sport Fuel Cost Calculator — Japan
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,305
USD equivalent
Monthly Fuel Cost
$109
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$8.70
6L × ¥1.45
Honda Fit Sport Depreciation Curve
The Honda Fit Sport loses approximately $10K (49%) of its value over 5 years.
Year-by-Year Value
| New | $20K | 100% |
| Year 1 | $16K | 80% |
| Year 2 | $14K | 70% |
| Year 3 | $12K | 62% |
| Year 4 | $11K | 56% |
| Year 5 | $10K | 51% |
Depreciation based on economy segment averages.
Honda Fit Sport vs. Competitors in Japan
How does the Honda Fit Sport compare to similar cars available in Japan?
Honda
Fit Sport
Base Price
$20K
Annual Cost in Japan
$9K
Toyota
Yaris
Base Price
$22K
Annual Cost in Japan
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Japan
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Japan
$4K
Annual costs estimated for Japan market. Import duty (0%) and VAT (10%) applied to all models.
🇯🇵 Owning a Car in Japan
Shaken inspection every 2 years: $1,200.
Moderate for Japan
Annual car costs = 24% of average Japan income ($38K/yr)
Average Annual Income
$38K
In Japan
Fuel Price
¥1.45/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
0%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in Japan
Honda Fit Sport in Japan — Frequently Asked Questions
Common questions about owning a Honda Fit Sport in Japan.
The 2020 Honda Fit Sport has a base price of $20,000 USD. In Japan, after 0% import duty and 10% VAT, the total purchase price is approximately $22,000 USD (¥22,000 JPY).