2023 Ford Explorer PlatinumTrue Cost of Ownership in Portugal
400 hp twin-turbo V6. Full cost breakdown including import duty (10%), VAT (23%), insurance, fuel at €1.75/L, maintenance, and depreciation.
Purchase Price
$84K
Base: $62K
Annual Total
$19K
Insurance + fuel + maintenance
Import Duty
$6K
10% of base price
VAT
$16K
23% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$180K
Purchase + 5yr running costs
2023 Ford Explorer Platinum — Full Cost Breakdown in Portugal
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $62K |
| Import Duty (10%) | $6K |
| VAT / Sales Tax (23%) | $16K |
| Total Purchase Price | $84K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $2K |
| Annual Depreciation | $12K |
| Registration & Road Tax | $650 |
| Total Annual Running Cost | $19K |
| 5-Year Total Cost of Ownership | $180K |
| Cost Per Kilometer | $1.276 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ford Explorer Platinum Fuel Cost Calculator — Portugal
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,888
USD equivalent
Monthly Fuel Cost
$241
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$19.25
11L × €1.75
Ford Explorer Platinum Depreciation Curve
The Ford Explorer Platinum loses approximately $30K (49%) of its value over 5 years.
Year-by-Year Value
| New | $62K | 100% |
| Year 1 | $50K | 80% |
| Year 2 | $43K | 70% |
| Year 3 | $38K | 62% |
| Year 4 | $35K | 56% |
| Year 5 | $32K | 51% |
Depreciation based on suv segment averages.
Ford Explorer Platinum vs. Competitors in Portugal
How does the Ford Explorer Platinum compare to similar cars available in Portugal?
Ford
Explorer Platinum
Base Price
$62K
Annual Cost in Portugal
$19K
Toyota
RAV4
Base Price
$32K
Annual Cost in Portugal
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Portugal
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Portugal
$7K
Annual costs estimated for Portugal market. Import duty (10%) and VAT (23%) applied to all models.
🇵🇹 Owning a Car in Portugal
ISV vehicle tax based on engine size.
Very Expensive for Portugal
Annual car costs = 80% of average Portugal income ($24K/yr)
Average Annual Income
$24K
In Portugal
Fuel Price
€1.75/L
Diesel dominant
Avg Car Insurance
$1K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
23%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Portugal
Ford Explorer Platinum in Portugal — Frequently Asked Questions
Common questions about owning a Ford Explorer Platinum in Portugal.
The 2023 Ford Explorer Platinum has a base price of $62,000 USD. In Portugal, after 10% import duty and 23% VAT, the total purchase price is approximately $83,886 USD (€83,886 EUR).
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Ford Explorer Platinum in Other Countries
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