2024 Honda Ridgeline SportTrue Cost of Ownership in Vietnam
280 hp V6. Full cost breakdown including import duty (70%), VAT (10%), insurance, fuel at ₫0.9/L, maintenance, and depreciation.
Purchase Price
$75K
Base: $40K
Annual Total
$11K
Insurance + fuel + maintenance
Import Duty
$28K
70% of base price
VAT
$7K
10% applied
Annual Insurance
$450
Avg for this country
5-Year Total
$132K
Purchase + 5yr running costs
2024 Honda Ridgeline Sport — 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) | $40K |
| Import Duty (70%) | $28K |
| VAT / Sales Tax (10%) | $7K |
| Total Purchase Price | $75K |
| Annual Insurance | $450 |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $643 |
| Annual Depreciation | $7K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $11K |
| 5-Year Total Cost of Ownership | $132K |
| Cost Per Kilometer | $0.757 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Honda Ridgeline Sport Fuel Cost Calculator — Vietnam
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,755
USD equivalent
Monthly Fuel Cost
$146
Per month average
Annual Liters Used
1,950L
At 15,000 km/yr
Cost per 100km
$11.70
13L × ₫0.90
Honda Ridgeline Sport Depreciation Curve
The Honda Ridgeline Sport loses approximately $18K (46%) of its value over 5 years.
Year-by-Year Value
| New | $40K | 100% |
| Year 1 | $33K | 82% |
| Year 2 | $29K | 73% |
| Year 3 | $26K | 65% |
| Year 4 | $24K | 59% |
| Year 5 | $22K | 54% |
Depreciation based on truck segment averages.
Honda Ridgeline Sport vs. Competitors in Vietnam
How does the Honda Ridgeline Sport compare to similar cars available in Vietnam?
Honda
Ridgeline Sport
Base Price
$40K
Annual Cost in Vietnam
$11K
Ford
F-150
Base Price
$35K
Annual Cost in Vietnam
$9K
Chevrolet
Silverado
Base Price
$34K
Annual Cost in Vietnam
$8K
Toyota
Tacoma
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 = 324% 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
Honda Ridgeline Sport in Vietnam — Frequently Asked Questions
Common questions about owning a Honda Ridgeline Sport in Vietnam.
The 2024 Honda Ridgeline Sport has a base price of $40,000 USD. In Vietnam, after 70% import duty and 10% VAT, the total purchase price is approximately $74,800 USD (₫74,800 VND).
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