2023 Honda Civic Type RTrue Cost of Ownership in Venezuela
315 hp turbocharged inline-4. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at Bs0.01/L, maintenance, and depreciation.
Purchase Price
$61K
Base: $44K
Annual Total
$10K
Insurance + fuel + maintenance
Import Duty
$9K
20% of base price
VAT
$8K
16% applied
Annual Insurance
$100
Avg for this country
5-Year Total
$111K
Purchase + 5yr running costs
2023 Honda Civic Type R — Full Cost Breakdown in Venezuela
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $44K |
| Import Duty (20%) | $9K |
| VAT / Sales Tax (16%) | $8K |
| Total Purchase Price | $61K |
| Annual Insurance | $100 |
| Annual Fuel Cost | $15 |
| Annual Maintenance | $179 |
| Annual Depreciation | $10K |
| Registration & Road Tax | $70 |
| Total Annual Running Cost | $10K |
| 5-Year Total Cost of Ownership | $111K |
| Cost Per Kilometer | $0.670 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Honda Civic Type R Fuel Cost Calculator — Venezuela
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$15
USD equivalent
Monthly Fuel Cost
$1
Per month average
Annual Liters Used
1,500L
At 15,000 km/yr
Cost per 100km
$0.10
10L × Bs0.01
Honda Civic Type R Depreciation Curve
The Honda Civic Type R loses approximately $22K (50%) of its value over 5 years.
Year-by-Year Value
| New | $44K | 100% |
| Year 1 | $34K | 78% |
| Year 2 | $30K | 68% |
| Year 3 | $26K | 60% |
| Year 4 | $24K | 54% |
| Year 5 | $22K | 50% |
Depreciation based on sports segment averages.
Honda Civic Type R vs. Competitors in Venezuela
How does the Honda Civic Type R compare to similar cars available in Venezuela?
Honda
Civic Type R
Base Price
$44K
Annual Cost in Venezuela
$10K
Porsche
718 Cayman
Base Price
$65K
Annual Cost in Venezuela
$14K
BMW
M2
Base Price
$63K
Annual Cost in Venezuela
$14K
Toyota
GR86
Base Price
$30K
Annual Cost in Venezuela
$8K
Annual costs estimated for Venezuela market. Import duty (20%) and VAT (16%) applied to all models.
🇻🇪 Owning a Car in Venezuela
Near-free fuel but economic instability.
Very Expensive for Venezuela
Annual car costs = 558% of average Venezuela income ($2K/yr)
Average Annual Income
$2K
In Venezuela
Fuel Price
Bs0.01/L
Gasoline dominant
Avg Car Insurance
$100
Per year
Import Duty
20%
On vehicle value
VAT / Sales Tax
16%
Applied at purchase
Driving Side
Right-hand
South America
Popular Car Brands in Venezuela
Honda Civic Type R in Venezuela — Frequently Asked Questions
Common questions about owning a Honda Civic Type R in Venezuela.
The 2023 Honda Civic Type R has a base price of $44,000 USD. In Venezuela, after 20% import duty and 16% VAT, the total purchase price is approximately $61,248 USD (Bs61,248 VES).