๐Ÿ‡จ๐Ÿ‡ดColombia ยท electric

2024 BYD Yangwang U8True Cost of Ownership in Colombia

1,100 hp hybrid SUV. Full cost breakdown including import duty (35%), VAT (19%), insurance, fuel at $0.85/L, maintenance, and depreciation.

Annual cost =634%of avg Colombia income

Purchase Price

$241K

Base: $150K

Annual Total

$44K

Insurance + fuel + maintenance

Import Duty

$53K

35% of base price

VAT

$38K

19% applied

Annual Insurance

$1K

Avg for this country

5-Year Total

$463K

Purchase + 5yr running costs

2024 BYD Yangwang U8 โ€” Full Cost Breakdown in Colombia

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

Cost ComponentAmount (USD)
Base Price (MSRP)$150K
Import Duty (35%)$53K
VAT / Sales Tax (19%)$38K
Total Purchase Price$241K
Annual Insurance$1K
Annual Fuel Cost$0
Annual Maintenance$900
Annual Depreciation$42K
Registration & Road Tax$400
Total Annual Running Cost$44K
5-Year Total Cost of Ownership$463K
Cost Per Kilometer$2.957

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

BYD Yangwang U8 Fuel Cost Calculator โ€” Colombia

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

Adjust Your Usage

โšก Electric Vehicle

The BYD Yangwang U8 runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Colombia.

$0 Fuel Cost

Electric vehicle โ€” no gasoline required

BYD Yangwang U8 Depreciation Curve

The BYD Yangwang U8 loses approximately $86K (57%) of its value over 5 years.

Year-by-Year Value

New$150K100%
Year 1$108K72%
Year 2$93K62%
Year 3$81K54%
Year 4$72K48%
Year 5$65K43%

Depreciation based on electric segment averages.

BYD Yangwang U8 vs. Competitors in Colombia

How does the BYD Yangwang U8 compare to similar cars available in Colombia?

โ˜… This Car

BYD

Yangwang U8

Base Price

$150K

Annual Cost in Colombia

$44K

1,100 hp hybrid SUV

Tesla

Model 3

Base Price

$42K

Annual Cost in Colombia

$5K

Best range, Supercharger network

Hyundai

IONIQ 6

Base Price

$39K

Annual Cost in Colombia

$5K

Ultra-efficient, fast charging

BMW

i4

Base Price

$56K

Annual Cost in Colombia

$8K

Premium feel, driving dynamics

Annual costs estimated for Colombia market. Import duty (35%) and VAT (19%) applied to all models.

๐Ÿ‡จ๐Ÿ‡ด Owning a Car in Colombia

High import taxes on foreign vehicles.

๐Ÿ”ด

Very Expensive for Colombia

Annual car costs = 634% of average Colombia income ($7K/yr)

๐Ÿ’ฐ

Average Annual Income

$7K

In Colombia

โ›ฝ

Fuel Price

$0.85/L

Gasoline dominant

๐Ÿ›ก๏ธ

Avg Car Insurance

$1K

Per year

๐Ÿ“‹

Import Duty

35%

On vehicle value

๐Ÿ›๏ธ

VAT / Sales Tax

19%

Applied at purchase

๐Ÿš—

Driving Side

Right-hand

South America

Popular Car Brands in Colombia

ChevroletRenaultToyota

BYD Yangwang U8 in Colombia โ€” Frequently Asked Questions

Common questions about owning a BYD Yangwang U8 in Colombia.

The 2024 BYD Yangwang U8 has a base price of $150,000 USD. In Colombia, after 35% import duty and 19% VAT, the total purchase price is approximately $240,975 USD ($240,975 COP).