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2022 Drako GTETrue Cost of Ownership in Colombia

1,200 hp all-electric. Full cost breakdown including import duty (35%), VAT (19%), insurance, fuel at $0.85/L, maintenance, and depreciation.

Annual cost =5034%of avg Colombia income

Purchase Price

$2.0M

Base: $1.3M

Annual Total

$352K

Insurance + fuel + maintenance

Import Duty

$438K

35% of base price

VAT

$321K

19% applied

Annual Insurance

$1K

Avg for this country

5-Year Total

$3.8M

Purchase + 5yr running costs

2022 Drako GTE 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)$1.3M
Import Duty (35%)$438K
VAT / Sales Tax (19%)$321K
Total Purchase Price$2.0M
Annual Insurance$1K
Annual Fuel Cost$0
Annual Maintenance$900
Annual Depreciation$350K
Registration & Road Tax$400
Total Annual Running Cost$352K
5-Year Total Cost of Ownership$3.8M
Cost Per Kilometer$23.490

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

Drako GTE 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 Drako GTE runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Colombia.

$0 Fuel Cost

Electric vehicle โ€” no gasoline required

Drako GTE Depreciation Curve

The Drako GTE loses approximately $713K (57%) of its value over 5 years.

Year-by-Year Value

New$1.3M100%
Year 1$900K72%
Year 2$775K62%
Year 3$675K54%
Year 4$600K48%
Year 5$538K43%

Depreciation based on electric segment averages.

Drako GTE vs. Competitors in Colombia

How does the Drako GTE compare to similar cars available in Colombia?

โ˜… This Car

Drako

GTE

Base Price

$1.3M

Annual Cost in Colombia

$352K

1,200 hp all-electric

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 = 5034% of average Colombia income ($7K/yr)

๐Ÿ’ฐ

Average Annual Income

$7K

In Colombia

โ›ฝ

Fuel Price

$0.85/L

Gasoline dominant

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Avg Car Insurance

$1K

Per year

๐Ÿ“‹

Import Duty

35%

On vehicle value

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VAT / Sales Tax

19%

Applied at purchase

๐Ÿš—

Driving Side

Right-hand

South America

Popular Car Brands in Colombia

ChevroletRenaultToyota

Drako GTE in Colombia โ€” Frequently Asked Questions

Common questions about owning a Drako GTE in Colombia.

The 2022 Drako GTE has a base price of $1,250,000 USD. In Colombia, after 35% import duty and 19% VAT, the total purchase price is approximately $2,008,125 USD ($2,008,125 COP).