2023 BYD Tang EVTrue Cost of Ownership in Belgium
523 hp all-electric. Full cost breakdown including import duty (10%), VAT (21%), insurance, fuel at €1.85/L, maintenance, and depreciation.
Purchase Price
$64K
Base: $48K
Annual Total
$18K
Insurance + fuel + maintenance
Import Duty
$5K
10% of base price
VAT
$11K
21% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$154K
Purchase + 5yr running costs
2023 BYD Tang EV — Full Cost Breakdown in Belgium
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $48K |
| Import Duty (10%) | $5K |
| VAT / Sales Tax (21%) | $11K |
| Total Purchase Price | $64K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $2K |
| Annual Depreciation | $10K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $18K |
| 5-Year Total Cost of Ownership | $154K |
| Cost Per Kilometer | $1.203 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
BYD Tang EV Fuel Cost Calculator — Belgium
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,053
USD equivalent
Monthly Fuel Cost
$254
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$20.35
11L × €1.85
BYD Tang EV Depreciation Curve
The BYD Tang EV loses approximately $24K (49%) of its value over 5 years.
Year-by-Year Value
| New | $48K | 100% |
| Year 1 | $38K | 80% |
| Year 2 | $34K | 70% |
| Year 3 | $30K | 62% |
| Year 4 | $27K | 56% |
| Year 5 | $24K | 51% |
Depreciation based on suv segment averages.
BYD Tang EV vs. Competitors in Belgium
How does the BYD Tang EV compare to similar cars available in Belgium?
BYD
Tang EV
Base Price
$48K
Annual Cost in Belgium
$18K
Toyota
RAV4
Base Price
$32K
Annual Cost in Belgium
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Belgium
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Belgium
$7K
Annual costs estimated for Belgium market. Import duty (10%) and VAT (21%) applied to all models.
🇧🇪 Owning a Car in Belgium
High fuel taxes and urban congestion charges.
Moderate for Belgium
Annual car costs = 38% of average Belgium income ($47K/yr)
Average Annual Income
$47K
In Belgium
Fuel Price
€1.85/L
Diesel dominant
Avg Car Insurance
$2K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
21%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Belgium
BYD Tang EV in Belgium — Frequently Asked Questions
Common questions about owning a BYD Tang EV in Belgium.
The 2023 BYD Tang EV has a base price of $48,000 USD. In Belgium, after 10% import duty and 21% VAT, the total purchase price is approximately $63,888 USD (€63,888 EUR).