2024 Knight XV Armored SUVTrue Cost of Ownership in Philippines
400 hp V10. Full cost breakdown including import duty (30%), VAT (12%), insurance, fuel at ₱1.05/L, maintenance, and depreciation.
Purchase Price
$1.2M
Base: $800K
Annual Total
$164K
Insurance + fuel + maintenance
Import Duty
$240K
30% of base price
VAT
$125K
12% applied
Annual Insurance
$750
Avg for this country
5-Year Total
$2.0M
Purchase + 5yr running costs
2024 Knight XV Armored SUV — Full Cost Breakdown in Philippines
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $800K |
| Import Duty (30%) | $240K |
| VAT / Sales Tax (12%) | $125K |
| Total Purchase Price | $1.2M |
| Annual Insurance | $750 |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $964 |
| Annual Depreciation | $160K |
| Registration & Road Tax | $550 |
| Total Annual Running Cost | $164K |
| 5-Year Total Cost of Ownership | $2.0M |
| Cost Per Kilometer | $10.933 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Knight XV Armored SUV Fuel Cost Calculator — Philippines
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,733
USD equivalent
Monthly Fuel Cost
$144
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$11.55
11L × ₱1.05
Knight XV Armored SUV Depreciation Curve
The Knight XV Armored SUV loses approximately $392K (49%) of its value over 5 years.
Year-by-Year Value
| New | $800K | 100% |
| Year 1 | $640K | 80% |
| Year 2 | $560K | 70% |
| Year 3 | $496K | 62% |
| Year 4 | $448K | 56% |
| Year 5 | $408K | 51% |
Depreciation based on suv segment averages.
Knight XV Armored SUV vs. Competitors in Philippines
How does the Knight XV Armored SUV compare to similar cars available in Philippines?
Knight XV
Armored SUV
Base Price
$800K
Annual Cost in Philippines
$164K
Toyota
RAV4
Base Price
$32K
Annual Cost in Philippines
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Philippines
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Philippines
$7K
Annual costs estimated for Philippines market. Import duty (30%) and VAT (12%) applied to all models.
🇵🇭 Owning a Car in Philippines
Traffic congestion increases fuel costs.
Very Expensive for Philippines
Annual car costs = 4686% of average Philippines income ($4K/yr)
Average Annual Income
$4K
In Philippines
Fuel Price
₱1.05/L
Gasoline dominant
Avg Car Insurance
$750
Per year
Import Duty
30%
On vehicle value
VAT / Sales Tax
12%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in Philippines
Knight XV Armored SUV in Philippines — Frequently Asked Questions
Common questions about owning a Knight XV Armored SUV in Philippines.
The 2024 Knight XV Armored SUV has a base price of $800,000 USD. In Philippines, after 30% import duty and 12% VAT, the total purchase price is approximately $1,164,800 USD (₱1,164,800 PHP).
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