Hong Kong Car Guides for Expats

FRT, tunnel tolls, EV concessions and more — plain-English guides written by expats who've navigated it. Get the free PDF guide.

First Registration Tax (FRT) Rates — Feb 2024
First HK$150,000
46%
e.g. $150k car → $69k FRT
Next HK$150,000
86%
Cumulative from $150k–$300k
Next HK$200,000
115%
Cumulative from $300k–$500k
Remainder
132%
Everything above $500k
EV Concession: The private-EV FRT concession ended on 31 March 2026 and was not extended — private electric cars first registered on or after 1 April 2026 pay the full standard bands above. Waivers continue for commercial EVs, electric motorcycles and electric motor tricycles until 31 March 2028.
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Your Guide
Patrick
Patrick — Expat Car Adviser, Hong Kong

Patrick is the voice of the expat experience in Hong Kong — navigating FRT, buying, leasing and everything the official resources never explain clearly. His guides capture what expats wish they’d known from day one.

Patrick's Top Tips for Hong Kong
→FRT is the killer cost — on a HK$600,000 car, you'll pay well over HK$500,000 in FRT alone. Factor this in from day one.
→Don't budget for the EV FRT concession — it ended on 31 March 2026. It used to take up to HK$58,500 off a private EV (HK$172,500 under One-for-One), but a private EV first registered on or after 1 April 2026 pays full FRT. Run the EV-vs-petrol maths on the full tax figure, not the old concession.
→Tunnel tolls add up fast if you cross between HK Island and Kowloon daily. Budget HK$2,000–3,000/month if you do this regularly.
→Parking in Central or Wan Chai can hit HK$6,000–8,000/month. If your office is in the CBD, seriously reconsider whether you need the car on weekdays at all.