🇵🇭Philippines · electric

2024 Dendrobium D-1True Cost of Ownership in Philippines

1,800 hp all-electric. Full cost breakdown including import duty (30%), VAT (12%), insurance, fuel at 1.05/L, maintenance, and depreciation.

Annual cost =14456%of avg Philippines income

Purchase Price

$2.6M

Base: $1.8M

Annual Total

$506K

Insurance + fuel + maintenance

Import Duty

$540K

30% of base price

VAT

$281K

12% applied

Annual Insurance

$750

Avg for this country

5-Year Total

$5.2M

Purchase + 5yr running costs

2024 Dendrobium D-1 — Full Cost Breakdown in Philippines

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

Cost ComponentAmount (USD)
Base Price (MSRP)$1.8M
Import Duty (30%)$540K
VAT / Sales Tax (12%)$281K
Total Purchase Price$2.6M
Annual Insurance$750
Annual Fuel Cost$0
Annual Maintenance$643
Annual Depreciation$504K
Registration & Road Tax$550
Total Annual Running Cost$506K
5-Year Total Cost of Ownership$5.2M
Cost Per Kilometer$33.730

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

Dendrobium D-1 Fuel Cost Calculator — Philippines

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

Adjust Your Usage

⚡ Electric Vehicle

The Dendrobium D-1 runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Philippines.

$0 Fuel Cost

Electric vehicle — no gasoline required

Dendrobium D-1 Depreciation Curve

The Dendrobium D-1 loses approximately $1.0M (57%) of its value over 5 years.

Year-by-Year Value

New$1.8M100%
Year 1$1.3M72%
Year 2$1.1M62%
Year 3$972K54%
Year 4$864K48%
Year 5$774K43%

Depreciation based on electric segment averages.

Dendrobium D-1 vs. Competitors in Philippines

How does the Dendrobium D-1 compare to similar cars available in Philippines?

★ This Car

Dendrobium

D-1

Base Price

$1.8M

Annual Cost in Philippines

$506K

1,800 hp all-electric

Tesla

Model 3

Base Price

$42K

Annual Cost in Philippines

$5K

Best range, Supercharger network

Hyundai

IONIQ 6

Base Price

$39K

Annual Cost in Philippines

$5K

Ultra-efficient, fast charging

BMW

i4

Base Price

$56K

Annual Cost in Philippines

$8K

Premium feel, driving dynamics

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 = 14456% 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

ToyotaMitsubishiHonda

Dendrobium D-1 in Philippines — Frequently Asked Questions

Common questions about owning a Dendrobium D-1 in Philippines.

The 2024 Dendrobium D-1 has a base price of $1,800,000 USD. In Philippines, after 30% import duty and 12% VAT, the total purchase price is approximately $2,620,800 USD (₱2,620,800 PHP).