2022 Drako GTETrue Cost of Ownership in Norway
1,200 hp all-electric. Full cost breakdown including import duty (25%), VAT (25%), insurance, fuel at kr2.1/L, maintenance, and depreciation.
Purchase Price
$2.0M
Base: $1.3M
Annual Total
$355K
Insurance + fuel + maintenance
Import Duty
$313K
25% of base price
VAT
$391K
25% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$3.7M
Purchase + 5yr running costs
2022 Drako GTE — Full Cost Breakdown in Norway
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $1.3M |
| Import Duty (25%) | $313K |
| VAT / Sales Tax (25%) | $391K |
| Total Purchase Price | $2.0M |
| Annual Insurance | $2K |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $1K |
| Annual Depreciation | $350K |
| Registration & Road Tax | $2K |
| Total Annual Running Cost | $355K |
| 5-Year Total Cost of Ownership | $3.7M |
| Cost Per Kilometer | $23.672 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Drako GTE Fuel Cost Calculator — Norway
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
⚡ Electric Vehicle
The Drako GTE runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Norway.
$0 Fuel Cost
Electric vehicle — 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 | $1.3M | 100% |
| Year 1 | $900K | 72% |
| Year 2 | $775K | 62% |
| Year 3 | $675K | 54% |
| Year 4 | $600K | 48% |
| Year 5 | $538K | 43% |
Depreciation based on electric segment averages.
Drako GTE vs. Competitors in Norway
How does the Drako GTE compare to similar cars available in Norway?
Drako
GTE
Base Price
$1.3M
Annual Cost in Norway
$355K
Tesla
Model 3
Base Price
$42K
Annual Cost in Norway
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in Norway
$5K
BMW
i4
Base Price
$56K
Annual Cost in Norway
$8K
Annual costs estimated for Norway market. Import duty (25%) and VAT (25%) applied to all models.
🇳🇴 Owning a Car in Norway
High taxes but EV incentives offset for EVs.
Very Expensive for Norway
Annual car costs = 546% of average Norway income ($65K/yr)
Average Annual Income
$65K
In Norway
Fuel Price
kr2.10/L
EV-heavy dominant
Avg Car Insurance
$2K
Per year
Import Duty
25%
On vehicle value
VAT / Sales Tax
25%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Norway
Drako GTE in Norway — Frequently Asked Questions
Common questions about owning a Drako GTE in Norway.
The 2022 Drako GTE has a base price of $1,250,000 USD. In Norway, after 25% import duty and 25% VAT, the total purchase price is approximately $1,953,125 USD (kr1,953,125 NOK).