2026 Wuling Bingo PlusTrue Cost of Ownership in China
68 hp all-electric, popular Chinese compact EV hatchback, 2026 model. Full cost breakdown including import duty (15%), VAT (13%), insurance, fuel at ¥1.1/L, maintenance, and depreciation.
Purchase Price
$12K
Base: $9K
Annual Total
$6K
Insurance + fuel + maintenance
Import Duty
$1K
15% of base price
VAT
$1K
13% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$40K
Purchase + 5yr running costs
2026 Wuling Bingo Plus — 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) | $9K |
| Import Duty (15%) | $1K |
| VAT / Sales Tax (13%) | $1K |
| Total Purchase Price | $12K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $990 |
| Annual Maintenance | $739 |
| Annual Depreciation | $2K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $6K |
| 5-Year Total Cost of Ownership | $40K |
| Cost Per Kilometer | $0.372 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Wuling Bingo Plus Fuel Cost Calculator — China
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$990
USD equivalent
Monthly Fuel Cost
$83
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$6.60
6L × ¥1.10
Wuling Bingo Plus Depreciation Curve
The Wuling Bingo Plus loses approximately $4K (49%) of its value over 5 years.
Year-by-Year Value
| New | $9K | 100% |
| Year 1 | $7K | 80% |
| Year 2 | $6K | 70% |
| Year 3 | $6K | 62% |
| Year 4 | $5K | 56% |
| Year 5 | $5K | 51% |
Depreciation based on economy segment averages.
Wuling Bingo Plus vs. Competitors in China
How does the Wuling Bingo Plus compare to similar cars available in China?
Wuling
Bingo Plus
Base Price
$9K
Annual Cost in China
$6K
Toyota
Yaris
Base Price
$22K
Annual Cost in China
$4K
Honda
Fit
Base Price
$21K
Annual Cost in China
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in China
$4K
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.
Expensive for China
Annual car costs = 46% 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
Wuling Bingo Plus in China — Frequently Asked Questions
Common questions about owning a Wuling Bingo Plus in China.
The 2026 Wuling Bingo Plus has a base price of $9,000 USD. In China, after 15% import duty and 13% VAT, the total purchase price is approximately $11,696 USD (¥11,696 CNY).