2023 Genesis GV80 PrestigeTrue Cost of Ownership in Israel
375 hp twin-turbo V6. Full cost breakdown including import duty (83%), VAT (17%), insurance, fuel at ₪2/L, maintenance, and depreciation.
Purchase Price
$154K
Base: $72K
Annual Total
$24K
Insurance + fuel + maintenance
Import Duty
$60K
83% of base price
VAT
$22K
17% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$274K
Purchase + 5yr running costs
2023 Genesis GV80 Prestige — Full Cost Breakdown in Israel
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $72K |
| Import Duty (83%) | $60K |
| VAT / Sales Tax (17%) | $22K |
| Total Purchase Price | $154K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $3K |
| Annual Depreciation | $14K |
| Registration & Road Tax | $2K |
| Total Annual Running Cost | $24K |
| 5-Year Total Cost of Ownership | $274K |
| Cost Per Kilometer | $1.600 |
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 — Israel
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,300
USD equivalent
Monthly Fuel Cost
$275
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$22.00
11L × ₪2.00
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 Israel
How does the Genesis GV80 Prestige compare to similar cars available in Israel?
Genesis
GV80 Prestige
Base Price
$72K
Annual Cost in Israel
$24K
Toyota
RAV4
Base Price
$32K
Annual Cost in Israel
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Israel
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Israel
$7K
Annual costs estimated for Israel market. Import duty (83%) and VAT (17%) applied to all models.
🇮🇱 Owning a Car in Israel
Very high import taxes on all vehicles.
Expensive for Israel
Annual car costs = 63% of average Israel income ($38K/yr)
Average Annual Income
$38K
In Israel
Fuel Price
₪2.00/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
83%
On vehicle value
VAT / Sales Tax
17%
Applied at purchase
Driving Side
Right-hand
Middle East
Popular Car Brands in Israel
Genesis GV80 Prestige in Israel — Frequently Asked Questions
Common questions about owning a Genesis GV80 Prestige in Israel.
The 2023 Genesis GV80 Prestige has a base price of $72,000 USD. In Israel, after 83% import duty and 17% VAT, the total purchase price is approximately $154,159 USD (₪154,159 ILS).
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