1974 Lotus Elan +2True Cost of Ownership in New Zealand
126 hp inline-4. Full cost breakdown including import duty (5%), VAT (15%), insurance, fuel at NZ$1.5/L, maintenance, and depreciation.
Purchase Price
$42K
Base: $35K
Annual Total
$8K
Insurance + fuel + maintenance
Import Duty
$2K
5% of base price
VAT
$6K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$84K
Purchase + 5yr running costs
1974 Lotus Elan +2 — 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) | $35K |
| Import Duty (5%) | $2K |
| VAT / Sales Tax (15%) | $6K |
| Total Purchase Price | $42K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $5K |
| Annual Depreciation | $-1750 |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $8K |
| 5-Year Total Cost of Ownership | $84K |
| Cost Per Kilometer | $0.553 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Lotus Elan +2 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
$3,150
USD equivalent
Monthly Fuel Cost
$263
Per month average
Annual Liters Used
2,100L
At 15,000 km/yr
Cost per 100km
$21.00
14L × NZ$1.50
Lotus Elan +2 Depreciation Curve
Classic cars like the Lotus Elan +2 tend to appreciate over time. This projection shows estimated value growth.
Year-by-Year Value
| New | $35K | 100% |
| Year 1 | $37K | +105% |
| Year 2 | $39K | +112% |
| Year 3 | $42K | +120% |
| Year 4 | $46K | +130% |
| Year 5 | $51K | +145% |
Appreciation based on classic segment averages.
Lotus Elan +2 vs. Competitors in New Zealand
How does the Lotus Elan +2 compare to similar cars available in New Zealand?
Lotus
Elan +2
Base Price
$35K
Annual Cost in New Zealand
$8K
Ford
Mustang (Classic)
Base Price
$45K
Annual Cost in New Zealand
$8K
Chevrolet
Camaro (Classic)
Base Price
$40K
Annual Cost in New Zealand
$8K
Porsche
911 (Vintage)
Base Price
$80K
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.
Affordable for New Zealand
Annual car costs = 20% 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
Lotus Elan +2 in New Zealand — Frequently Asked Questions
Common questions about owning a Lotus Elan +2 in New Zealand.
The 1974 Lotus Elan +2 has a base price of $35,000 USD. In New Zealand, after 5% import duty and 15% VAT, the total purchase price is approximately $42,263 USD (NZ$42,263 NZD).