2024 Ford ExplorerTrue Cost of Ownership in Vietnam
300 hp turbocharged inline-4. Full cost breakdown including import duty (70%), VAT (10%), insurance, fuel at ₫0.9/L, maintenance, and depreciation.
Purchase Price
$71K
Base: $38K
Annual Total
$12K
Insurance + fuel + maintenance
Import Duty
$27K
70% of base price
VAT
$6K
10% applied
Annual Insurance
$450
Avg for this country
5-Year Total
$129K
Purchase + 5yr running costs
2024 Ford Explorer — 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) | $38K |
| Import Duty (70%) | $27K |
| VAT / Sales Tax (10%) | $6K |
| Total Purchase Price | $71K |
| Annual Insurance | $450 |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $450 |
| Annual Depreciation | $8K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $12K |
| 5-Year Total Cost of Ownership | $129K |
| Cost Per Kilometer | $0.776 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ford Explorer Fuel Cost Calculator — Vietnam
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,080
USD equivalent
Monthly Fuel Cost
$90
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$7.20
8L × ₫0.90
Ford Explorer Depreciation Curve
The Ford Explorer loses approximately $21K (54%) of its value over 5 years.
Year-by-Year Value
| New | $38K | 100% |
| Year 1 | $30K | 78% |
| Year 2 | $25K | 67% |
| Year 3 | $22K | 58% |
| Year 4 | $19K | 51% |
| Year 5 | $17K | 46% |
Depreciation based on mid-range segment averages.
Ford Explorer vs. Competitors in Vietnam
How does the Ford Explorer compare to similar cars available in Vietnam?
Ford
Explorer
Base Price
$38K
Annual Cost in Vietnam
$12K
Toyota
Camry
Base Price
$28K
Annual Cost in Vietnam
$7K
Honda
Accord
Base Price
$30K
Annual Cost in Vietnam
$7K
Mazda
Mazda6
Base Price
$27K
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 = 333% 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 in Vietnam — Frequently Asked Questions
Common questions about owning a Ford Explorer in Vietnam.
The 2024 Ford Explorer has a base price of $38,000 USD. In Vietnam, after 70% import duty and 10% VAT, the total purchase price is approximately $71,060 USD (₫71,060 VND).