2023 Lucid Air TouringTrue Cost of Ownership in China
620 hp all-electric. Full cost breakdown including import duty (15%), VAT (13%), insurance, fuel at ¥1.1/L, maintenance, and depreciation.
Purchase Price
$123K
Base: $95K
Annual Total
$30K
Insurance + fuel + maintenance
Import Duty
$14K
15% of base price
VAT
$14K
13% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$272K
Purchase + 5yr running costs
2023 Lucid Air Touring — Full Cost Breakdown in China
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $95K |
| Import Duty (15%) | $14K |
| VAT / Sales Tax (13%) | $14K |
| Total Purchase Price | $123K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $986 |
| Annual Depreciation | $27K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $30K |
| 5-Year Total Cost of Ownership | $272K |
| Cost Per Kilometer | $1.976 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Lucid Air Touring Fuel Cost Calculator — China
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
⚡ Electric Vehicle
The Lucid Air Touring runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in China.
$0 Fuel Cost
Electric vehicle — no gasoline required
Lucid Air Touring Depreciation Curve
The Lucid Air Touring loses approximately $54K (57%) of its value over 5 years.
Year-by-Year Value
| New | $95K | 100% |
| Year 1 | $68K | 72% |
| Year 2 | $59K | 62% |
| Year 3 | $51K | 54% |
| Year 4 | $46K | 48% |
| Year 5 | $41K | 43% |
Depreciation based on electric segment averages.
Lucid Air Touring vs. Competitors in China
How does the Lucid Air Touring compare to similar cars available in China?
Lucid
Air Touring
Base Price
$95K
Annual Cost in China
$30K
Tesla
Model 3
Base Price
$42K
Annual Cost in China
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in China
$5K
BMW
i4
Base Price
$56K
Annual Cost in China
$8K
Annual costs estimated for China market. Import duty (15%) and VAT (13%) applied to all models.
🇨🇳 Owning a Car in China
License plate lottery in major cities.
Very Expensive for China
Annual car costs = 247% of average China income ($12K/yr)
Average Annual Income
$12K
In China
Fuel Price
¥1.10/L
Mixed dominant
Avg Car Insurance
$1K
Per year
Import Duty
15%
On vehicle value
VAT / Sales Tax
13%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in China
Lucid Air Touring in China — Frequently Asked Questions
Common questions about owning a Lucid Air Touring in China.
The 2023 Lucid Air Touring has a base price of $95,000 USD. In China, after 15% import duty and 13% VAT, the total purchase price is approximately $123,453 USD (¥123,453 CNY).