2023 Chevrolet Traverse High CountryTrue Cost of Ownership in Philippines
310 hp V6. Full cost breakdown including import duty (30%), VAT (12%), insurance, fuel at ₱1.05/L, maintenance, and depreciation.
Purchase Price
$80K
Base: $55K
Annual Total
$15K
Insurance + fuel + maintenance
Import Duty
$17K
30% of base price
VAT
$9K
12% applied
Annual Insurance
$750
Avg for this country
5-Year Total
$155K
Purchase + 5yr running costs
2023 Chevrolet Traverse High Country — Full Cost Breakdown in Philippines
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $55K |
| Import Duty (30%) | $17K |
| VAT / Sales Tax (12%) | $9K |
| Total Purchase Price | $80K |
| Annual Insurance | $750 |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $964 |
| Annual Depreciation | $11K |
| Registration & Road Tax | $550 |
| Total Annual Running Cost | $15K |
| 5-Year Total Cost of Ownership | $155K |
| Cost Per Kilometer | $1.000 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Chevrolet Traverse High Country Fuel Cost Calculator — Philippines
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
Chevrolet Traverse High Country Depreciation Curve
The Chevrolet Traverse High Country loses approximately $27K (49%) of its value over 5 years.
Year-by-Year Value
| New | $55K | 100% |
| Year 1 | $44K | 80% |
| Year 2 | $39K | 70% |
| Year 3 | $34K | 62% |
| Year 4 | $31K | 56% |
| Year 5 | $28K | 51% |
Depreciation based on suv segment averages.
Chevrolet Traverse High Country vs. Competitors in Philippines
How does the Chevrolet Traverse High Country compare to similar cars available in Philippines?
Chevrolet
Traverse High Country
Base Price
$55K
Annual Cost in Philippines
$15K
Toyota
RAV4
Base Price
$32K
Annual Cost in Philippines
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Philippines
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Philippines
$7K
Annual costs estimated for Philippines market. Import duty (30%) and VAT (12%) applied to all models.
🇵🇭 Owning a Car in Philippines
Traffic congestion increases fuel costs.
Very Expensive for Philippines
Annual car costs = 428% of average Philippines income ($4K/yr)
Average Annual Income
$4K
In Philippines
Fuel Price
₱1.05/L
Gasoline dominant
Avg Car Insurance
$750
Per year
Import Duty
30%
On vehicle value
VAT / Sales Tax
12%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in Philippines
Chevrolet Traverse High Country in Philippines — Frequently Asked Questions
Common questions about owning a Chevrolet Traverse High Country in Philippines.
The 2023 Chevrolet Traverse High Country has a base price of $55,000 USD. In Philippines, after 30% import duty and 12% VAT, the total purchase price is approximately $80,080 USD (₱80,080 PHP).
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