2023 Aznom PalladiumTrue Cost of Ownership in India
630 hp twin-turbo V8. Full cost breakdown including import duty (100%), VAT (28%), insurance, fuel at ₹1.05/L, maintenance, and depreciation.
Purchase Price
$1.6M
Base: $620K
Annual Total
$127K
Insurance + fuel + maintenance
Import Duty
$620K
100% of base price
VAT
$347K
28% applied
Annual Insurance
$350
Avg for this country
5-Year Total
$2.2M
Purchase + 5yr running costs
2023 Aznom Palladium — Full Cost Breakdown in India
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $620K |
| Import Duty (100%) | $620K |
| VAT / Sales Tax (28%) | $347K |
| Total Purchase Price | $1.6M |
| Annual Insurance | $350 |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $450 |
| Annual Depreciation | $124K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $127K |
| 5-Year Total Cost of Ownership | $2.2M |
| Cost Per Kilometer | $8.495 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Aznom Palladium Fuel Cost Calculator — India
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,733
USD equivalent
Monthly Fuel Cost
$144
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$11.55
11L × ₹1.05
Aznom Palladium Depreciation Curve
The Aznom Palladium loses approximately $304K (49%) of its value over 5 years.
Year-by-Year Value
| New | $620K | 100% |
| Year 1 | $496K | 80% |
| Year 2 | $434K | 70% |
| Year 3 | $384K | 62% |
| Year 4 | $347K | 56% |
| Year 5 | $316K | 51% |
Depreciation based on suv segment averages.
Aznom Palladium vs. Competitors in India
How does the Aznom Palladium compare to similar cars available in India?
Aznom
Palladium
Base Price
$620K
Annual Cost in India
$127K
Toyota
RAV4
Base Price
$32K
Annual Cost in India
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in India
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in India
$7K
Annual costs estimated for India market. Import duty (100%) and VAT (28%) applied to all models.
🇮🇳 Owning a Car in India
Cheapest country to own a car overall.
Very Expensive for India
Annual car costs = 5792% of average India income ($2K/yr)
Average Annual Income
$2K
In India
Fuel Price
₹1.05/L
Gasoline dominant
Avg Car Insurance
$350
Per year
Import Duty
100%
On vehicle value
VAT / Sales Tax
28%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in India
Aznom Palladium in India — Frequently Asked Questions
Common questions about owning a Aznom Palladium in India.
The 2023 Aznom Palladium has a base price of $620,000 USD. In India, after 100% import duty and 28% VAT, the total purchase price is approximately $1,587,200 USD (₹1,587,200 INR).