2024 Daewoo MatizTrue Cost of Ownership in United Kingdom
51 hp inline-3, popular economy city car. Full cost breakdown including import duty (6.5%), VAT (20%), insurance, fuel at £1.75/L, maintenance, and depreciation.
Purchase Price
$10K
Base: $8K
Annual Total
$8K
Insurance + fuel + maintenance
Import Duty
$520
6.5% of base price
VAT
$2K
20% applied
Annual Insurance
$3K
Avg for this country
5-Year Total
$53K
Purchase + 5yr running costs
2024 Daewoo Matiz — Full Cost Breakdown in United Kingdom
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $8K |
| Import Duty (6.5%) | $520 |
| VAT / Sales Tax (20%) | $2K |
| Total Purchase Price | $10K |
| Annual Insurance | $3K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $2K |
| Annual Depreciation | $2K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $8K |
| 5-Year Total Cost of Ownership | $53K |
| Cost Per Kilometer | $0.565 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Daewoo Matiz Fuel Cost Calculator — United Kingdom
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,575
USD equivalent
Monthly Fuel Cost
$131
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$10.50
6L × £1.75
Daewoo Matiz Depreciation Curve
The Daewoo Matiz loses approximately $4K (49%) of its value over 5 years.
Year-by-Year Value
| New | $8K | 100% |
| Year 1 | $6K | 80% |
| Year 2 | $6K | 70% |
| Year 3 | $5K | 62% |
| Year 4 | $4K | 56% |
| Year 5 | $4K | 51% |
Depreciation based on economy segment averages.
Daewoo Matiz vs. Competitors in United Kingdom
How does the Daewoo Matiz compare to similar cars available in United Kingdom?
Daewoo
Matiz
Base Price
$8K
Annual Cost in United Kingdom
$8K
Toyota
Yaris
Base Price
$22K
Annual Cost in United Kingdom
$4K
Honda
Fit
Base Price
$21K
Annual Cost in United Kingdom
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in United Kingdom
$4K
Annual costs estimated for United Kingdom market. Import duty (6.5%) and VAT (20%) applied to all models.
🇬🇧 Owning a Car in United Kingdom
ULEZ zones add costs in cities.
Affordable for United Kingdom
Annual car costs = 19% of average United Kingdom income ($45K/yr)
Average Annual Income
$45K
In United Kingdom
Fuel Price
£1.75/L
Gasoline dominant
Avg Car Insurance
$3K
Per year
Import Duty
6.5%
On vehicle value
VAT / Sales Tax
20%
Applied at purchase
Driving Side
Left-hand
Europe
Popular Car Brands in United Kingdom
Daewoo Matiz in United Kingdom — Frequently Asked Questions
Common questions about owning a Daewoo Matiz in United Kingdom.
The 2024 Daewoo Matiz has a base price of $8,000 USD. In United Kingdom, after 6.5% import duty and 20% VAT, the total purchase price is approximately $10,224 USD (£10,224 GBP).