2023 Morgan Plus SixTrue Cost of Ownership in Hong Kong
335 hp turbocharged inline-6. Full cost breakdown including import duty (115%), VAT (0%), insurance, fuel at HK$2.2/L, maintenance, and depreciation.
Purchase Price
$226K
Base: $105K
Annual Total
$55K
Insurance + fuel + maintenance
Import Duty
$121K
115% of base price
VAT
$0
0% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$501K
Purchase + 5yr running costs
2023 Morgan Plus Six — Full Cost Breakdown in Hong Kong
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $105K |
| Import Duty (115%) | $121K |
| VAT / Sales Tax (0%) | $0 |
| Total Purchase Price | $226K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $6K |
| Annual Maintenance | $20K |
| Annual Depreciation | $21K |
| Registration & Road Tax | $6K |
| Total Annual Running Cost | $55K |
| 5-Year Total Cost of Ownership | $501K |
| Cost Per Kilometer | $3.664 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Morgan Plus Six Fuel Cost Calculator — Hong Kong
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$5,940
USD equivalent
Monthly Fuel Cost
$495
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$39.60
18L × HK$2.20
Morgan Plus Six Depreciation Curve
The Morgan Plus Six loses approximately $46K (44%) of its value over 5 years.
Year-by-Year Value
| New | $105K | 100% |
| Year 1 | $84K | 80% |
| Year 2 | $76K | 72% |
| Year 3 | $68K | 65% |
| Year 4 | $63K | 60% |
| Year 5 | $59K | 56% |
Depreciation based on exotic segment averages.
Morgan Plus Six vs. Competitors in Hong Kong
How does the Morgan Plus Six compare to similar cars available in Hong Kong?
Morgan
Plus Six
Base Price
$105K
Annual Cost in Hong Kong
$55K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Hong Kong
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Hong Kong
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Hong Kong
$40K
Annual costs estimated for Hong Kong market. Import duty (115%) and VAT (0%) applied to all models.
🇭🇰 Owning a Car in Hong Kong
First registration tax up to 115%. Fuel ~HK$20/L.
Very Expensive for Hong Kong
Annual car costs = 114% of average Hong Kong income ($48K/yr)
Average Annual Income
$48K
In Hong Kong
Fuel Price
HK$2.20/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
115%
On vehicle value
VAT / Sales Tax
0%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in Hong Kong
Morgan Plus Six in Hong Kong — Frequently Asked Questions
Common questions about owning a Morgan Plus Six in Hong Kong.
The 2023 Morgan Plus Six has a base price of $105,000 USD. In Hong Kong, after 115% import duty and 0% VAT, the total purchase price is approximately $225,750 USD (HK$225,750 HKD).