2023 Drako GTETrue Cost of Ownership in Turkey
1,200 hp all-electric. Full cost breakdown including import duty (80%), VAT (20%), insurance, fuel at ₺2.4/L, maintenance, and depreciation.
Purchase Price
$2.8M
Base: $1.3M
Annual Total
$367K
Insurance + fuel + maintenance
Import Duty
$1.0M
80% of base price
VAT
$468K
20% applied
Annual Insurance
$950
Avg for this country
5-Year Total
$4.6M
Purchase + 5yr running costs
2023 Drako GTE — Full Cost Breakdown in Turkey
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 (80%) | $1.0M |
| VAT / Sales Tax (20%) | $468K |
| Total Purchase Price | $2.8M |
| Annual Insurance | $950 |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $814 |
| Annual Depreciation | $364K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $367K |
| 5-Year Total Cost of Ownership | $4.6M |
| Cost Per Kilometer | $24.478 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Drako GTE Fuel Cost Calculator — Turkey
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 Turkey.
$0 Fuel Cost
Electric vehicle — no gasoline required
Drako GTE Depreciation Curve
The Drako GTE loses approximately $741K (57%) of its value over 5 years.
Year-by-Year Value
| New | $1.3M | 100% |
| Year 1 | $936K | 72% |
| Year 2 | $806K | 62% |
| Year 3 | $702K | 54% |
| Year 4 | $624K | 48% |
| Year 5 | $559K | 43% |
Depreciation based on electric segment averages.
Drako GTE vs. Competitors in Turkey
How does the Drako GTE compare to similar cars available in Turkey?
Drako
GTE
Base Price
$1.3M
Annual Cost in Turkey
$367K
Tesla
Model 3
Base Price
$42K
Annual Cost in Turkey
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in Turkey
$5K
BMW
i4
Base Price
$56K
Annual Cost in Turkey
$8K
Annual costs estimated for Turkey market. Import duty (80%) and VAT (20%) applied to all models.
🇹🇷 Owning a Car in Turkey
Among highest car taxes in the world.
Very Expensive for Turkey
Annual car costs = 3060% of average Turkey income ($12K/yr)
Average Annual Income
$12K
In Turkey
Fuel Price
₺2.40/L
Gasoline dominant
Avg Car Insurance
$950
Per year
Import Duty
80%
On vehicle value
VAT / Sales Tax
20%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Turkey
Drako GTE in Turkey — Frequently Asked Questions
Common questions about owning a Drako GTE in Turkey.
The 2023 Drako GTE has a base price of $1,300,000 USD. In Turkey, after 80% import duty and 20% VAT, the total purchase price is approximately $2,808,000 USD (₺2,808,000 TRY).