2023 Audi SQ8True Cost of Ownership in Canada
500 hp twin-turbo V8. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.
Purchase Price
$102K
Base: $92K
Annual Total
$26K
Insurance + fuel + maintenance
Import Duty
$6K
6.1% of base price
VAT
$5K
5% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$233K
Purchase + 5yr running costs
2023 Audi SQ8 — Full Cost Breakdown in Canada
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $92K |
| Import Duty (6.1%) | $6K |
| VAT / Sales Tax (5%) | $5K |
| Total Purchase Price | $102K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $3K |
| Annual Depreciation | $18K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $26K |
| 5-Year Total Cost of Ownership | $233K |
| Cost Per Kilometer | $1.734 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Audi SQ8 Fuel Cost Calculator — Canada
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,980
USD equivalent
Monthly Fuel Cost
$165
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$13.20
11L × C$1.20
Audi SQ8 Depreciation Curve
The Audi SQ8 loses approximately $45K (49%) of its value over 5 years.
Year-by-Year Value
| New | $92K | 100% |
| Year 1 | $74K | 80% |
| Year 2 | $64K | 70% |
| Year 3 | $57K | 62% |
| Year 4 | $52K | 56% |
| Year 5 | $47K | 51% |
Depreciation based on suv segment averages.
Audi SQ8 vs. Competitors in Canada
How does the Audi SQ8 compare to similar cars available in Canada?
Audi
SQ8
Base Price
$92K
Annual Cost in Canada
$26K
Toyota
RAV4
Base Price
$32K
Annual Cost in Canada
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Canada
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Canada
$7K
Annual costs estimated for Canada market. Import duty (6.1%) and VAT (5%) applied to all models.
🇨🇦 Owning a Car in Canada
Insurance varies hugely by province.
Expensive for Canada
Annual car costs = 54% of average Canada income ($48K/yr)
Average Annual Income
$48K
In Canada
Fuel Price
C$1.20/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
6.1%
On vehicle value
VAT / Sales Tax
5%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in Canada
Audi SQ8 in Canada — Frequently Asked Questions
Common questions about owning a Audi SQ8 in Canada.
The 2023 Audi SQ8 has a base price of $92,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $102,493 USD (C$102,493 CAD).