2024 Honda Odyssey TouringTrue Cost of Ownership in Nigeria
280 hp V6. Full cost breakdown including import duty (35%), VAT (7.5%), insurance, fuel at ₦0.55/L, maintenance, and depreciation.
Purchase Price
$70K
Base: $48K
Annual Total
$13K
Insurance + fuel + maintenance
Import Duty
$17K
35% of base price
VAT
$5K
7.5% applied
Annual Insurance
$550
Avg for this country
5-Year Total
$133K
Purchase + 5yr running costs
2024 Honda Odyssey Touring — Full Cost Breakdown in Nigeria
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $48K |
| Import Duty (35%) | $17K |
| VAT / Sales Tax (7.5%) | $5K |
| Total Purchase Price | $70K |
| Annual Insurance | $550 |
| Annual Fuel Cost | $660 |
| Annual Maintenance | $550 |
| Annual Depreciation | $11K |
| Registration & Road Tax | $250 |
| Total Annual Running Cost | $13K |
| 5-Year Total Cost of Ownership | $133K |
| Cost Per Kilometer | $0.838 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Honda Odyssey Touring Fuel Cost Calculator — Nigeria
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$660
USD equivalent
Monthly Fuel Cost
$55
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$4.40
8L × ₦0.55
Honda Odyssey Touring Depreciation Curve
The Honda Odyssey Touring loses approximately $26K (54%) of its value over 5 years.
Year-by-Year Value
| New | $48K | 100% |
| Year 1 | $37K | 78% |
| Year 2 | $32K | 67% |
| Year 3 | $28K | 58% |
| Year 4 | $24K | 51% |
| Year 5 | $22K | 46% |
Depreciation based on mid-range segment averages.
Honda Odyssey Touring vs. Competitors in Nigeria
How does the Honda Odyssey Touring compare to similar cars available in Nigeria?
Honda
Odyssey Touring
Base Price
$48K
Annual Cost in Nigeria
$13K
Toyota
Camry
Base Price
$28K
Annual Cost in Nigeria
$7K
Honda
Accord
Base Price
$30K
Annual Cost in Nigeria
$7K
Mazda
Mazda6
Base Price
$27K
Annual Cost in Nigeria
$7K
Annual costs estimated for Nigeria market. Import duty (35%) and VAT (7.5%) applied to all models.
🇳🇬 Owning a Car in Nigeria
Low fuel cost but poor road infrastructure.
Very Expensive for Nigeria
Annual car costs = 571% of average Nigeria income ($2K/yr)
Average Annual Income
$2K
In Nigeria
Fuel Price
₦0.55/L
Gasoline dominant
Avg Car Insurance
$550
Per year
Import Duty
35%
On vehicle value
VAT / Sales Tax
7.5%
Applied at purchase
Driving Side
Right-hand
Africa
Popular Car Brands in Nigeria
Honda Odyssey Touring in Nigeria — Frequently Asked Questions
Common questions about owning a Honda Odyssey Touring in Nigeria.
The 2024 Honda Odyssey Touring has a base price of $48,000 USD. In Nigeria, after 35% import duty and 7.5% VAT, the total purchase price is approximately $69,660 USD (₦69,660 NGN).
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Honda Odyssey Touring in Other Countries
- 🇺🇸Honda Odyssey Touring in United States
- 🇬🇧Honda Odyssey Touring in United Kingdom
- 🇩🇪Honda Odyssey Touring in Germany
- 🇫🇷Honda Odyssey Touring in France
- 🇯🇵Honda Odyssey Touring in Japan
- 🇦🇺Honda Odyssey Touring in Australia
- 🇨🇦Honda Odyssey Touring in Canada
- 🇳🇴Honda Odyssey Touring in Norway
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