2024 Lexus LS 500hTrue Cost of Ownership in New Zealand
354 hp hybrid V6. Full cost breakdown including import duty (5%), VAT (15%), insurance, fuel at NZ$1.5/L, maintenance, and depreciation.
Purchase Price
$103K
Base: $85K
Annual Total
$31K
Insurance + fuel + maintenance
Import Duty
$4K
5% of base price
VAT
$13K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$260K
Purchase + 5yr running costs
2024 Lexus LS 500h — 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) | $85K |
| Import Duty (5%) | $4K |
| VAT / Sales Tax (15%) | $13K |
| Total Purchase Price | $103K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $5K |
| Annual Depreciation | $21K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $31K |
| 5-Year Total Cost of Ownership | $260K |
| Cost Per Kilometer | $2.100 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Lexus LS 500h 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
$2,700
USD equivalent
Monthly Fuel Cost
$225
Per month average
Annual Liters Used
1,800L
At 15,000 km/yr
Cost per 100km
$18.00
12L × NZ$1.50
Lexus LS 500h Depreciation Curve
The Lexus LS 500h 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 500h vs. Competitors in New Zealand
How does the Lexus LS 500h compare to similar cars available in New Zealand?
Lexus
LS 500h
Base Price
$85K
Annual Cost in New Zealand
$31K
BMW
3 Series
Base Price
$45K
Annual Cost in New Zealand
$12K
Mercedes-Benz
C-Class
Base Price
$47K
Annual Cost in New Zealand
$13K
Audi
A4
Base Price
$44K
Annual Cost in New Zealand
$12K
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 = 75% 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 LS 500h in New Zealand — Frequently Asked Questions
Common questions about owning a Lexus LS 500h in New Zealand.
The 2024 Lexus LS 500h has a base price of $85,000 USD. In New Zealand, after 5% import duty and 15% VAT, the total purchase price is approximately $102,638 USD (NZ$102,638 NZD).