๐Ÿ‡จ๐Ÿ‡ฆCanada ยท electric

2024 Aito M9True Cost of Ownership in Canada

476 hp hybrid. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.

Annual cost =48%of avg Canada income

Purchase Price

$72K

Base: $65K

Annual Total

$23K

Insurance + fuel + maintenance

Import Duty

$4K

6.1% of base price

VAT

$3K

5% applied

Annual Insurance

$2K

Avg for this country

5-Year Total

$187K

Purchase + 5yr running costs

2024 Aito M9 โ€” Full Cost Breakdown in Canada

Every cost component from purchase to 5-year ownership. All figures in USD equivalent.

Cost ComponentAmount (USD)
Base Price (MSRP)$65K
Import Duty (6.1%)$4K
VAT / Sales Tax (5%)$3K
Total Purchase Price$72K
Annual Insurance$2K
Annual Fuel Cost$0
Annual Maintenance$2K
Annual Depreciation$18K
Registration & Road Tax$600
Total Annual Running Cost$23K
5-Year Total Cost of Ownership$187K
Cost Per Kilometer$1.526

For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.

Aito M9 Fuel Cost Calculator โ€” Canada

Adjust your annual mileage and local fuel price to calculate your exact fuel costs.

Adjust Your Usage

โšก Electric Vehicle

The Aito M9 runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Canada.

$0 Fuel Cost

Electric vehicle โ€” no gasoline required

Aito M9 Depreciation Curve

The Aito M9 loses approximately $37K (57%) of its value over 5 years.

Year-by-Year Value

New$65K100%
Year 1$47K72%
Year 2$40K62%
Year 3$35K54%
Year 4$31K48%
Year 5$28K43%

Depreciation based on electric segment averages.

Aito M9 vs. Competitors in Canada

How does the Aito M9 compare to similar cars available in Canada?

โ˜… This Car

Aito

M9

Base Price

$65K

Annual Cost in Canada

$23K

476 hp hybrid

Tesla

Model 3

Base Price

$42K

Annual Cost in Canada

$5K

Best range, Supercharger network

Hyundai

IONIQ 6

Base Price

$39K

Annual Cost in Canada

$5K

Ultra-efficient, fast charging

BMW

i4

Base Price

$56K

Annual Cost in Canada

$8K

Premium feel, driving dynamics

Annual costs estimated for Canada market. Import duty (6.1%) and VAT (5%) applied to all models.

๐Ÿ‡จ๐Ÿ‡ฆ Owning a Car in Canada

Insurance varies hugely by province.

๐Ÿ”ด

Expensive for Canada

Annual car costs = 48% of average Canada income ($48K/yr)

๐Ÿ’ฐ

Average Annual Income

$48K

In Canada

โ›ฝ

Fuel Price

C$1.20/L

Gasoline dominant

๐Ÿ›ก๏ธ

Avg Car Insurance

$2K

Per year

๐Ÿ“‹

Import Duty

6.1%

On vehicle value

๐Ÿ›๏ธ

VAT / Sales Tax

5%

Applied at purchase

๐Ÿš—

Driving Side

Right-hand

North America

Popular Car Brands in Canada

FordChevroletToyota

Aito M9 in Canada โ€” Frequently Asked Questions

Common questions about owning a Aito M9 in Canada.

The 2024 Aito M9 has a base price of $65,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $72,413 USD (C$72,413 CAD).