2024 Ford Maverick XLTrue Cost of Ownership in Canada
250 hp turbocharged inline-4. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.
Purchase Price
$25K
Base: $22K
Annual Total
$10K
Insurance + fuel + maintenance
Import Duty
$1K
6.1% of base price
VAT
$1K
5% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$73K
Purchase + 5yr running costs
2024 Ford Maverick XL — Full Cost Breakdown in Canada
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $22K |
| Import Duty (6.1%) | $1K |
| VAT / Sales Tax (5%) | $1K |
| Total Purchase Price | $25K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $1K |
| Annual Depreciation | $4K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $10K |
| 5-Year Total Cost of Ownership | $73K |
| Cost Per Kilometer | $0.646 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ford Maverick XL Fuel Cost Calculator — Canada
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
900L
At 15,000 km/yr
Cost per 100km
$7.20
6L × C$1.20
Ford Maverick XL Depreciation Curve
The Ford Maverick XL loses approximately $11K (49%) of its value over 5 years.
Year-by-Year Value
| New | $22K | 100% |
| Year 1 | $18K | 80% |
| Year 2 | $15K | 70% |
| Year 3 | $14K | 62% |
| Year 4 | $12K | 56% |
| Year 5 | $11K | 51% |
Depreciation based on economy segment averages.
Ford Maverick XL vs. Competitors in Canada
How does the Ford Maverick XL compare to similar cars available in Canada?
Ford
Maverick XL
Base Price
$22K
Annual Cost in Canada
$10K
Toyota
Yaris
Base Price
$22K
Annual Cost in Canada
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Canada
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Canada
$4K
Annual costs estimated for Canada market. Import duty (6.1%) and VAT (5%) applied to all models.
🇨🇦 Owning a Car in Canada
Insurance varies hugely by province.
Moderate for Canada
Annual car costs = 20% of average Canada income ($48K/yr)
Average Annual Income
$48K
In Canada
Fuel Price
C$1.20/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
6.1%
On vehicle value
VAT / Sales Tax
5%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in Canada
Ford Maverick XL in Canada — Frequently Asked Questions
Common questions about owning a Ford Maverick XL in Canada.
The 2024 Ford Maverick XL has a base price of $22,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $24,509 USD (C$24,509 CAD).