2023 Ford Explorer PlatinumTrue Cost of Ownership in Vietnam
400 hp twin-turbo V6. Full cost breakdown including import duty (70%), VAT (10%), insurance, fuel at ₫0.9/L, maintenance, and depreciation.
Purchase Price
$116K
Base: $62K
Annual Total
$16K
Insurance + fuel + maintenance
Import Duty
$43K
70% of base price
VAT
$11K
10% applied
Annual Insurance
$450
Avg for this country
5-Year Total
$197K
Purchase + 5yr running costs
2023 Ford Explorer Platinum — Full Cost Breakdown in Vietnam
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $62K |
| Import Duty (70%) | $43K |
| VAT / Sales Tax (10%) | $11K |
| Total Purchase Price | $116K |
| Annual Insurance | $450 |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $579 |
| Annual Depreciation | $12K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $16K |
| 5-Year Total Cost of Ownership | $197K |
| Cost Per Kilometer | $1.081 |
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 — Vietnam
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,485
USD equivalent
Monthly Fuel Cost
$124
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$9.90
11L × ₫0.90
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 Vietnam
How does the Ford Explorer Platinum compare to similar cars available in Vietnam?
Ford
Explorer Platinum
Base Price
$62K
Annual Cost in Vietnam
$16K
Toyota
RAV4
Base Price
$32K
Annual Cost in Vietnam
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Vietnam
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Vietnam
$7K
Annual costs estimated for Vietnam market. Import duty (70%) and VAT (10%) applied to all models.
🇻🇳 Owning a Car in Vietnam
Very high import taxes on cars.
Very Expensive for Vietnam
Annual car costs = 463% of average Vietnam income ($4K/yr)
Average Annual Income
$4K
In Vietnam
Fuel Price
₫0.90/L
Gasoline dominant
Avg Car Insurance
$450
Per year
Import Duty
70%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in Vietnam
Ford Explorer Platinum in Vietnam — Frequently Asked Questions
Common questions about owning a Ford Explorer Platinum in Vietnam.
The 2023 Ford Explorer Platinum has a base price of $62,000 USD. In Vietnam, after 70% import duty and 10% VAT, the total purchase price is approximately $115,940 USD (₫115,940 VND).
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