2024 GMC CanyonTrue Cost of Ownership in Hungary
310 hp turbocharged inline-4, popular mid-size truck. Full cost breakdown including import duty (10%), VAT (27%), insurance, fuel at Ft1.5/L, maintenance, and depreciation.
Purchase Price
$49K
Base: $35K
Annual Total
$12K
Insurance + fuel + maintenance
Import Duty
$4K
10% of base price
VAT
$10K
27% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$109K
Purchase + 5yr running costs
2024 GMC Canyon — Full Cost Breakdown in Hungary
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $35K |
| Import Duty (10%) | $4K |
| VAT / Sales Tax (27%) | $10K |
| Total Purchase Price | $49K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $1K |
| Annual Depreciation | $8K |
| Registration & Road Tax | $350 |
| Total Annual Running Cost | $12K |
| 5-Year Total Cost of Ownership | $109K |
| Cost Per Kilometer | $0.797 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
GMC Canyon Fuel Cost Calculator — Hungary
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,800
USD equivalent
Monthly Fuel Cost
$150
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$12.00
8L × Ft1.50
GMC Canyon Depreciation Curve
The GMC Canyon loses approximately $19K (54%) of its value over 5 years.
Year-by-Year Value
| New | $35K | 100% |
| Year 1 | $27K | 78% |
| Year 2 | $23K | 67% |
| Year 3 | $20K | 58% |
| Year 4 | $18K | 51% |
| Year 5 | $16K | 46% |
Depreciation based on mid-range segment averages.
GMC Canyon vs. Competitors in Hungary
How does the GMC Canyon compare to similar cars available in Hungary?
GMC
Canyon
Base Price
$35K
Annual Cost in Hungary
$12K
Toyota
Camry
Base Price
$28K
Annual Cost in Hungary
$7K
Honda
Accord
Base Price
$30K
Annual Cost in Hungary
$7K
Mazda
Mazda6
Base Price
$27K
Annual Cost in Hungary
$7K
Annual costs estimated for Hungary market. Import duty (10%) and VAT (27%) applied to all models.
🇭🇺 Owning a Car in Hungary
Affordable Eastern European market.
Very Expensive for Hungary
Annual car costs = 75% of average Hungary income ($16K/yr)
Average Annual Income
$16K
In Hungary
Fuel Price
Ft1.50/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
27%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Hungary
GMC Canyon in Hungary — Frequently Asked Questions
Common questions about owning a GMC Canyon in Hungary.
The 2024 GMC Canyon has a base price of $35,000 USD. In Hungary, after 10% import duty and 27% VAT, the total purchase price is approximately $48,895 USD (Ft48,895 HUF).