2025 Chevrolet Trax RSTrue Cost of Ownership in Nigeria
137 hp turbocharged inline-3, sport-styled subcompact SUV — 2025 Chevrolet Trax RS. Full cost breakdown including import duty (35%), VAT (7.5%), insurance, fuel at ₦0.55/L, maintenance, and depreciation.
Purchase Price
$35K
Base: $24K
Annual Total
$6K
Insurance + fuel + maintenance
Import Duty
$8K
35% of base price
VAT
$2K
7.5% applied
Annual Insurance
$550
Avg for this country
5-Year Total
$67K
Purchase + 5yr running costs
2025 Chevrolet Trax RS — Full Cost Breakdown in Nigeria
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $24K |
| Import Duty (35%) | $8K |
| VAT / Sales Tax (7.5%) | $2K |
| Total Purchase Price | $35K |
| Annual Insurance | $550 |
| Annual Fuel Cost | $495 |
| Annual Maintenance | $354 |
| Annual Depreciation | $5K |
| Registration & Road Tax | $250 |
| Total Annual Running Cost | $6K |
| 5-Year Total Cost of Ownership | $67K |
| Cost Per Kilometer | $0.430 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Chevrolet Trax RS Fuel Cost Calculator — Nigeria
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$495
USD equivalent
Monthly Fuel Cost
$41
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$3.30
6L × ₦0.55
Chevrolet Trax RS Depreciation Curve
The Chevrolet Trax RS loses approximately $12K (49%) of its value over 5 years.
Year-by-Year Value
| New | $24K | 100% |
| Year 1 | $19K | 80% |
| Year 2 | $17K | 70% |
| Year 3 | $15K | 62% |
| Year 4 | $13K | 56% |
| Year 5 | $12K | 51% |
Depreciation based on economy segment averages.
Chevrolet Trax RS vs. Competitors in Nigeria
How does the Chevrolet Trax RS compare to similar cars available in Nigeria?
Chevrolet
Trax RS
Base Price
$24K
Annual Cost in Nigeria
$6K
Toyota
Yaris
Base Price
$22K
Annual Cost in Nigeria
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Nigeria
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Nigeria
$4K
Annual costs estimated for Nigeria market. Import duty (35%) and VAT (7.5%) applied to all models.
🇳🇬 Owning a Car in Nigeria
Low fuel cost but poor road infrastructure.
Very Expensive for Nigeria
Annual car costs = 293% of average Nigeria income ($2K/yr)
Average Annual Income
$2K
In Nigeria
Fuel Price
₦0.55/L
Gasoline dominant
Avg Car Insurance
$550
Per year
Import Duty
35%
On vehicle value
VAT / Sales Tax
7.5%
Applied at purchase
Driving Side
Right-hand
Africa
Popular Car Brands in Nigeria
Chevrolet Trax RS in Nigeria — Frequently Asked Questions
Common questions about owning a Chevrolet Trax RS in Nigeria.
The 2025 Chevrolet Trax RS has a base price of $24,000 USD. In Nigeria, after 35% import duty and 7.5% VAT, the total purchase price is approximately $34,830 USD (₦34,830 NGN).