2024 Lexus LC 500True Cost of Ownership in New Zealand
471 hp NA V8. Full cost breakdown including import duty (5%), VAT (15%), insurance, fuel at NZ$1.5/L, maintenance, and depreciation.
Purchase Price
$121K
Base: $100K
Annual Total
$42K
Insurance + fuel + maintenance
Import Duty
$5K
5% of base price
VAT
$16K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$330K
Purchase + 5yr running costs
2024 Lexus LC 500 — 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) | $100K |
| Import Duty (5%) | $5K |
| VAT / Sales Tax (15%) | $16K |
| Total Purchase Price | $121K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $4K |
| Annual Maintenance | $15K |
| Annual Depreciation | $20K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $42K |
| 5-Year Total Cost of Ownership | $330K |
| Cost Per Kilometer | $2.792 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Lexus LC 500 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
$4,050
USD equivalent
Monthly Fuel Cost
$338
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$27.00
18L × NZ$1.50
Lexus LC 500 Depreciation Curve
The Lexus LC 500 loses approximately $44K (44%) of its value over 5 years.
Year-by-Year Value
| New | $100K | 100% |
| Year 1 | $80K | 80% |
| Year 2 | $72K | 72% |
| Year 3 | $65K | 65% |
| Year 4 | $60K | 60% |
| Year 5 | $56K | 56% |
Depreciation based on exotic segment averages.
Lexus LC 500 vs. Competitors in New Zealand
How does the Lexus LC 500 compare to similar cars available in New Zealand?
Lexus
LC 500
Base Price
$100K
Annual Cost in New Zealand
$42K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in New Zealand
$35K
McLaren
720S
Base Price
$300K
Annual Cost in New Zealand
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in New Zealand
$40K
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.
Very Expensive for New Zealand
Annual car costs = 100% 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
Lexus LC 500 in New Zealand — Frequently Asked Questions
Common questions about owning a Lexus LC 500 in New Zealand.
The 2024 Lexus LC 500 has a base price of $100,000 USD. In New Zealand, after 5% import duty and 15% VAT, the total purchase price is approximately $120,750 USD (NZ$120,750 NZD).