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2024 Genty Akylone EVTrue Cost of Ownership in Canada

1,000 hp all-electric. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.

Annual cost =1176%of avg Canada income

Purchase Price

$2.2M

Base: $2.0M

Annual Total

$565K

Insurance + fuel + maintenance

Import Duty

$122K

6.1% of base price

VAT

$106K

5% applied

Annual Insurance

$2K

Avg for this country

5-Year Total

$5.1M

Purchase + 5yr running costs

2024 Genty Akylone EV โ€” Full Cost Breakdown in Canada

Every cost component from purchase to 5-year ownership. All figures in USD equivalent.

Cost ComponentAmount (USD)
Base Price (MSRP)$2.0M
Import Duty (6.1%)$122K
VAT / Sales Tax (5%)$106K
Total Purchase Price$2.2M
Annual Insurance$2K
Annual Fuel Cost$0
Annual Maintenance$2K
Annual Depreciation$560K
Registration & Road Tax$600
Total Annual Running Cost$565K
5-Year Total Cost of Ownership$5.1M
Cost Per Kilometer$37.646

For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.

Genty Akylone EV Fuel Cost Calculator โ€” Canada

Adjust your annual mileage and local fuel price to calculate your exact fuel costs.

Adjust Your Usage

โšก Electric Vehicle

The Genty Akylone EV runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Canada.

$0 Fuel Cost

Electric vehicle โ€” no gasoline required

Genty Akylone EV Depreciation Curve

The Genty Akylone EV loses approximately $1.1M (57%) of its value over 5 years.

Year-by-Year Value

New$2.0M100%
Year 1$1.4M72%
Year 2$1.2M62%
Year 3$1.1M54%
Year 4$960K48%
Year 5$860K43%

Depreciation based on electric segment averages.

Genty Akylone EV vs. Competitors in Canada

How does the Genty Akylone EV compare to similar cars available in Canada?

โ˜… This Car

Genty

Akylone EV

Base Price

$2.0M

Annual Cost in Canada

$565K

1,000 hp all-electric

Tesla

Model 3

Base Price

$42K

Annual Cost in Canada

$5K

Best range, Supercharger network

Hyundai

IONIQ 6

Base Price

$39K

Annual Cost in Canada

$5K

Ultra-efficient, fast charging

BMW

i4

Base Price

$56K

Annual Cost in Canada

$8K

Premium feel, driving dynamics

Annual costs estimated for Canada market. Import duty (6.1%) and VAT (5%) applied to all models.

๐Ÿ‡จ๐Ÿ‡ฆ Owning a Car in Canada

Insurance varies hugely by province.

๐Ÿ”ด

Very Expensive for Canada

Annual car costs = 1176% of average Canada income ($48K/yr)

๐Ÿ’ฐ

Average Annual Income

$48K

In Canada

โ›ฝ

Fuel Price

C$1.20/L

Gasoline dominant

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Avg Car Insurance

$2K

Per year

๐Ÿ“‹

Import Duty

6.1%

On vehicle value

๐Ÿ›๏ธ

VAT / Sales Tax

5%

Applied at purchase

๐Ÿš—

Driving Side

Right-hand

North America

Popular Car Brands in Canada

FordChevroletToyota

Genty Akylone EV in Canada โ€” Frequently Asked Questions

Common questions about owning a Genty Akylone EV in Canada.

The 2024 Genty Akylone EV has a base price of $2,000,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $2,228,100 USD (C$2,228,100 CAD).