2020 Honda Fit SportTrue Cost of Ownership in New Zealand
130 hp inline-4. Full cost breakdown including import duty (5%), VAT (15%), insurance, fuel at NZ$1.5/L, maintenance, and depreciation.
Purchase Price
$24K
Base: $20K
Annual Total
$9K
Insurance + fuel + maintenance
Import Duty
$1K
5% of base price
VAT
$3K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$69K
Purchase + 5yr running costs
2020 Honda Fit Sport — Full Cost Breakdown in New Zealand
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $20K |
| Import Duty (5%) | $1K |
| VAT / Sales Tax (15%) | $3K |
| Total Purchase Price | $24K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $1K |
| Annual Depreciation | $4K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $9K |
| 5-Year Total Cost of Ownership | $69K |
| Cost Per Kilometer | $0.594 |
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 — New Zealand
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
900L
At 15,000 km/yr
Cost per 100km
$9.00
6L × NZ$1.50
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 New Zealand
How does the Honda Fit Sport compare to similar cars available in New Zealand?
Honda
Fit Sport
Base Price
$20K
Annual Cost in New Zealand
$9K
Toyota
Yaris
Base Price
$22K
Annual Cost in New Zealand
$4K
Honda
Fit
Base Price
$21K
Annual Cost in New Zealand
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in New Zealand
$4K
Annual costs estimated for New Zealand market. Import duty (5%) and VAT (15%) applied to all models.
🇳🇿 Owning a Car in New Zealand
High fuel prices relative to income.
Moderate for New Zealand
Annual car costs = 21% of average New Zealand income ($42K/yr)
Average Annual Income
$42K
In New Zealand
Fuel Price
NZ$1.50/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
5%
On vehicle value
VAT / Sales Tax
15%
Applied at purchase
Driving Side
Left-hand
Oceania
Popular Car Brands in New Zealand
Honda Fit Sport in New Zealand — Frequently Asked Questions
Common questions about owning a Honda Fit Sport in New Zealand.
The 2020 Honda Fit Sport has a base price of $20,000 USD. In New Zealand, after 5% import duty and 15% VAT, the total purchase price is approximately $24,150 USD (NZ$24,150 NZD).