2023 Fiat 500eTrue Cost of Ownership in Venezuela
117 hp all-electric. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at Bs0.01/L, maintenance, and depreciation.
Purchase Price
$50K
Base: $36K
Annual Total
$10K
Insurance + fuel + maintenance
Import Duty
$7K
20% of base price
VAT
$7K
16% applied
Annual Insurance
$100
Avg for this country
5-Year Total
$102K
Purchase + 5yr running costs
2023 Fiat 500e — Full Cost Breakdown in Venezuela
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $36K |
| Import Duty (20%) | $7K |
| VAT / Sales Tax (16%) | $7K |
| Total Purchase Price | $50K |
| Annual Insurance | $100 |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $86 |
| Annual Depreciation | $10K |
| Registration & Road Tax | $70 |
| Total Annual Running Cost | $10K |
| 5-Year Total Cost of Ownership | $102K |
| Cost Per Kilometer | $0.689 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Fiat 500e Fuel Cost Calculator — Venezuela
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
⚡ Electric Vehicle
The Fiat 500e runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Venezuela.
$0 Fuel Cost
Electric vehicle — no gasoline required
Fiat 500e Depreciation Curve
The Fiat 500e loses approximately $21K (57%) of its value over 5 years.
Year-by-Year Value
| New | $36K | 100% |
| Year 1 | $26K | 72% |
| Year 2 | $22K | 62% |
| Year 3 | $19K | 54% |
| Year 4 | $17K | 48% |
| Year 5 | $15K | 43% |
Depreciation based on electric segment averages.
Fiat 500e vs. Competitors in Venezuela
How does the Fiat 500e compare to similar cars available in Venezuela?
Fiat
500e
Base Price
$36K
Annual Cost in Venezuela
$10K
Tesla
Model 3
Base Price
$42K
Annual Cost in Venezuela
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in Venezuela
$5K
BMW
i4
Base Price
$56K
Annual Cost in Venezuela
$8K
Annual costs estimated for Venezuela market. Import duty (20%) and VAT (16%) applied to all models.
🇻🇪 Owning a Car in Venezuela
Near-free fuel but economic instability.
Very Expensive for Venezuela
Annual car costs = 574% of average Venezuela income ($2K/yr)
Average Annual Income
$2K
In Venezuela
Fuel Price
Bs0.01/L
Gasoline dominant
Avg Car Insurance
$100
Per year
Import Duty
20%
On vehicle value
VAT / Sales Tax
16%
Applied at purchase
Driving Side
Right-hand
South America
Popular Car Brands in Venezuela
Fiat 500e in Venezuela — Frequently Asked Questions
Common questions about owning a Fiat 500e in Venezuela.
The 2023 Fiat 500e has a base price of $36,000 USD. In Venezuela, after 20% import duty and 16% VAT, the total purchase price is approximately $50,112 USD (Bs50,112 VES).