2024 Honda AccordTrue Cost of Ownership in Portugal
192 hp turbocharged inline-4, popular midsize sedan. Full cost breakdown including import duty (10%), VAT (23%), insurance, fuel at €1.75/L, maintenance, and depreciation.
Purchase Price
$38K
Base: $28K
Annual Total
$12K
Insurance + fuel + maintenance
Import Duty
$3K
10% of base price
VAT
$7K
23% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$96K
Purchase + 5yr running costs
2024 Honda Accord — Full Cost Breakdown in Portugal
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $28K |
| Import Duty (10%) | $3K |
| VAT / Sales Tax (23%) | $7K |
| Total Purchase Price | $38K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $1K |
| Annual Depreciation | $6K |
| Registration & Road Tax | $650 |
| Total Annual Running Cost | $12K |
| 5-Year Total Cost of Ownership | $96K |
| Cost Per Kilometer | $0.781 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Honda Accord Fuel Cost Calculator — Portugal
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,100
USD equivalent
Monthly Fuel Cost
$175
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$14.00
8L × €1.75
Honda Accord Depreciation Curve
The Honda Accord loses approximately $15K (54%) of its value over 5 years.
Year-by-Year Value
| New | $28K | 100% |
| Year 1 | $22K | 78% |
| Year 2 | $19K | 67% |
| Year 3 | $16K | 58% |
| Year 4 | $14K | 51% |
| Year 5 | $13K | 46% |
Depreciation based on mid-range segment averages.
Honda Accord vs. Competitors in Portugal
How does the Honda Accord compare to similar cars available in Portugal?
Honda
Accord
Base Price
$28K
Annual Cost in Portugal
$12K
Toyota
Camry
Base Price
$28K
Annual Cost in Portugal
$7K
Mazda
Mazda6
Base Price
$27K
Annual Cost in Portugal
$7K
Annual costs estimated for Portugal market. Import duty (10%) and VAT (23%) applied to all models.
🇵🇹 Owning a Car in Portugal
ISV vehicle tax based on engine size.
Expensive for Portugal
Annual car costs = 49% of average Portugal income ($24K/yr)
Average Annual Income
$24K
In Portugal
Fuel Price
€1.75/L
Diesel dominant
Avg Car Insurance
$1K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
23%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Portugal
Honda Accord in Portugal — Frequently Asked Questions
Common questions about owning a Honda Accord in Portugal.
The 2024 Honda Accord has a base price of $28,000 USD. In Portugal, after 10% import duty and 23% VAT, the total purchase price is approximately $37,884 USD (€37,884 EUR).