2023 Genesis GV80 PrestigeTrue Cost of Ownership in Colombia
375 hp twin-turbo V6. Full cost breakdown including import duty (35%), VAT (19%), insurance, fuel at $0.85/L, maintenance, and depreciation.
Purchase Price
$116K
Base: $72K
Annual Total
$19K
Insurance + fuel + maintenance
Import Duty
$25K
35% of base price
VAT
$18K
19% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$209K
Purchase + 5yr running costs
2023 Genesis GV80 Prestige — Full Cost Breakdown in Colombia
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $72K |
| Import Duty (35%) | $25K |
| VAT / Sales Tax (19%) | $18K |
| Total Purchase Price | $116K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $1K |
| Annual Depreciation | $14K |
| Registration & Road Tax | $400 |
| Total Annual Running Cost | $19K |
| 5-Year Total Cost of Ownership | $209K |
| Cost Per Kilometer | $1.240 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Genesis GV80 Prestige Fuel Cost Calculator — Colombia
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,403
USD equivalent
Monthly Fuel Cost
$117
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$9.35
11L × $0.85
Genesis GV80 Prestige Depreciation Curve
The Genesis GV80 Prestige loses approximately $35K (49%) of its value over 5 years.
Year-by-Year Value
| New | $72K | 100% |
| Year 1 | $58K | 80% |
| Year 2 | $50K | 70% |
| Year 3 | $45K | 62% |
| Year 4 | $40K | 56% |
| Year 5 | $37K | 51% |
Depreciation based on suv segment averages.
Genesis GV80 Prestige vs. Competitors in Colombia
How does the Genesis GV80 Prestige compare to similar cars available in Colombia?
Genesis
GV80 Prestige
Base Price
$72K
Annual Cost in Colombia
$19K
Toyota
RAV4
Base Price
$32K
Annual Cost in Colombia
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Colombia
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Colombia
$7K
Annual costs estimated for Colombia market. Import duty (35%) and VAT (19%) applied to all models.
🇨🇴 Owning a Car in Colombia
High import taxes on foreign vehicles.
Very Expensive for Colombia
Annual car costs = 266% of average Colombia income ($7K/yr)
Average Annual Income
$7K
In Colombia
Fuel Price
$0.85/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
35%
On vehicle value
VAT / Sales Tax
19%
Applied at purchase
Driving Side
Right-hand
South America
Popular Car Brands in Colombia
Genesis GV80 Prestige in Colombia — Frequently Asked Questions
Common questions about owning a Genesis GV80 Prestige in Colombia.
The 2023 Genesis GV80 Prestige has a base price of $72,000 USD. In Colombia, after 35% import duty and 19% VAT, the total purchase price is approximately $115,668 USD ($115,668 COP).
Related Car Cost Pages
Genesis GV80 Prestige in Other Countries
- 🇺🇸Genesis GV80 Prestige in United States
- 🇬🇧Genesis GV80 Prestige in United Kingdom
- 🇩🇪Genesis GV80 Prestige in Germany
- 🇫🇷Genesis GV80 Prestige in France
- 🇯🇵Genesis GV80 Prestige in Japan
- 🇦🇺Genesis GV80 Prestige in Australia
- 🇨🇦Genesis GV80 Prestige in Canada
- 🇳🇴Genesis GV80 Prestige in Norway
- View all 50 countries →