2023 BYD Tang EVTrue Cost of Ownership in South Africa
523 hp all-electric. Full cost breakdown including import duty (25%), VAT (15%), insurance, fuel at R1.15/L, maintenance, and depreciation.
Purchase Price
$69K
Base: $48K
Annual Total
$15K
Insurance + fuel + maintenance
Import Duty
$12K
25% of base price
VAT
$9K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$146K
Purchase + 5yr running costs
2023 BYD Tang EV — Full Cost Breakdown in South Africa
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $48K |
| Import Duty (25%) | $12K |
| VAT / Sales Tax (15%) | $9K |
| Total Purchase Price | $69K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $2K |
| Annual Depreciation | $10K |
| Registration & Road Tax | $400 |
| Total Annual Running Cost | $15K |
| 5-Year Total Cost of Ownership | $146K |
| Cost Per Kilometer | $1.022 |
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 — South Africa
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,897
USD equivalent
Monthly Fuel Cost
$158
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$12.65
11L × R1.15
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 South Africa
How does the BYD Tang EV compare to similar cars available in South Africa?
BYD
Tang EV
Base Price
$48K
Annual Cost in South Africa
$15K
Toyota
RAV4
Base Price
$32K
Annual Cost in South Africa
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in South Africa
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in South Africa
$7K
Annual costs estimated for South Africa market. Import duty (25%) and VAT (15%) applied to all models.
🇿🇦 Owning a Car in South Africa
High import duties on most vehicles.
Very Expensive for South Africa
Annual car costs = 219% of average South Africa income ($7K/yr)
Average Annual Income
$7K
In South Africa
Fuel Price
R1.15/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
25%
On vehicle value
VAT / Sales Tax
15%
Applied at purchase
Driving Side
Left-hand
Africa
Popular Car Brands in South Africa
BYD Tang EV in South Africa — Frequently Asked Questions
Common questions about owning a BYD Tang EV in South Africa.
The 2023 BYD Tang EV has a base price of $48,000 USD. In South Africa, after 25% import duty and 15% VAT, the total purchase price is approximately $69,000 USD (R69,000 ZAR).