2023 Ford Explorer PlatinumTrue Cost of Ownership in South Africa
400 hp twin-turbo V6. Full cost breakdown including import duty (25%), VAT (15%), insurance, fuel at R1.15/L, maintenance, and depreciation.
Purchase Price
$89K
Base: $62K
Annual Total
$18K
Insurance + fuel + maintenance
Import Duty
$16K
25% of base price
VAT
$12K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$180K
Purchase + 5yr running costs
2023 Ford Explorer Platinum — Full Cost Breakdown in South Africa
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $62K |
| Import Duty (25%) | $16K |
| VAT / Sales Tax (15%) | $12K |
| Total Purchase Price | $89K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $2K |
| Annual Depreciation | $12K |
| Registration & Road Tax | $400 |
| Total Annual Running Cost | $18K |
| 5-Year Total Cost of Ownership | $180K |
| Cost Per Kilometer | $1.208 |
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 — South Africa
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,897
USD equivalent
Monthly Fuel Cost
$158
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$12.65
11L × R1.15
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 South Africa
How does the Ford Explorer Platinum compare to similar cars available in South Africa?
Ford
Explorer Platinum
Base Price
$62K
Annual Cost in South Africa
$18K
Toyota
RAV4
Base Price
$32K
Annual Cost in South Africa
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in South Africa
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in South Africa
$7K
Annual costs estimated for South Africa market. Import duty (25%) and VAT (15%) applied to all models.
🇿🇦 Owning a Car in South Africa
High import duties on most vehicles.
Very Expensive for South Africa
Annual car costs = 259% of average South Africa income ($7K/yr)
Average Annual Income
$7K
In South Africa
Fuel Price
R1.15/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
25%
On vehicle value
VAT / Sales Tax
15%
Applied at purchase
Driving Side
Left-hand
Africa
Popular Car Brands in South Africa
Ford Explorer Platinum in South Africa — Frequently Asked Questions
Common questions about owning a Ford Explorer Platinum in South Africa.
The 2023 Ford Explorer Platinum has a base price of $62,000 USD. In South Africa, after 25% import duty and 15% VAT, the total purchase price is approximately $89,125 USD (R89,125 ZAR).
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