2023 Lexus LS 500 F SportTrue Cost of Ownership in Norway
416 hp twin-turbo V6. Full cost breakdown including import duty (25%), VAT (25%), insurance, fuel at kr2.1/L, maintenance, and depreciation.
Purchase Price
$133K
Base: $85K
Annual Total
$33K
Insurance + fuel + maintenance
Import Duty
$21K
25% of base price
VAT
$27K
25% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$298K
Purchase + 5yr running costs
2023 Lexus LS 500 F Sport — Full Cost Breakdown in Norway
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $85K |
| Import Duty (25%) | $21K |
| VAT / Sales Tax (25%) | $27K |
| Total Purchase Price | $133K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $4K |
| Annual Maintenance | $4K |
| Annual Depreciation | $21K |
| Registration & Road Tax | $2K |
| Total Annual Running Cost | $33K |
| 5-Year Total Cost of Ownership | $298K |
| Cost Per Kilometer | $2.208 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Lexus LS 500 F Sport Fuel Cost Calculator — Norway
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,780
USD equivalent
Monthly Fuel Cost
$315
Per month average
Annual Liters Used
1,800L
At 15,000 km/yr
Cost per 100km
$25.20
12L × kr2.10
Lexus LS 500 F Sport Depreciation Curve
The Lexus LS 500 F Sport loses approximately $46K (54%) of its value over 5 years.
Year-by-Year Value
| New | $85K | 100% |
| Year 1 | $64K | 75% |
| Year 2 | $55K | 65% |
| Year 3 | $48K | 57% |
| Year 4 | $43K | 51% |
| Year 5 | $39K | 46% |
Depreciation based on luxury segment averages.
Lexus LS 500 F Sport vs. Competitors in Norway
How does the Lexus LS 500 F Sport compare to similar cars available in Norway?
Lexus
LS 500 F Sport
Base Price
$85K
Annual Cost in Norway
$33K
BMW
3 Series
Base Price
$45K
Annual Cost in Norway
$12K
Mercedes-Benz
C-Class
Base Price
$47K
Annual Cost in Norway
$13K
Audi
A4
Base Price
$44K
Annual Cost in Norway
$12K
Annual costs estimated for Norway market. Import duty (25%) and VAT (25%) applied to all models.
🇳🇴 Owning a Car in Norway
High taxes but EV incentives offset for EVs.
Expensive for Norway
Annual car costs = 51% of average Norway income ($65K/yr)
Average Annual Income
$65K
In Norway
Fuel Price
kr2.10/L
EV-heavy dominant
Avg Car Insurance
$2K
Per year
Import Duty
25%
On vehicle value
VAT / Sales Tax
25%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Norway
Lexus LS 500 F Sport in Norway — Frequently Asked Questions
Common questions about owning a Lexus LS 500 F Sport in Norway.
The 2023 Lexus LS 500 F Sport has a base price of $85,000 USD. In Norway, after 25% import duty and 25% VAT, the total purchase price is approximately $132,813 USD (kr132,813 NOK).