🇵🇹Portugal · economy

2024 Hyundai ElantraTrue Cost of Ownership in Portugal

147 hp inline-4. Full cost breakdown including import duty (10%), VAT (23%), insurance, fuel at 1.75/L, maintenance, and depreciation.

Annual cost =37%of avg Portugal income

Purchase Price

$30K

Base: $22K

Annual Total

$9K

Insurance + fuel + maintenance

Import Duty

$2K

10% of base price

VAT

$6K

23% applied

Annual Insurance

$1K

Avg for this country

5-Year Total

$74K

Purchase + 5yr running costs

2024 Hyundai Elantra — Full Cost Breakdown in Portugal

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

Cost ComponentAmount (USD)
Base Price (MSRP)$22K
Import Duty (10%)$2K
VAT / Sales Tax (23%)$6K
Total Purchase Price$30K
Annual Insurance$1K
Annual Fuel Cost$2K
Annual Maintenance$900
Annual Depreciation$4K
Registration & Road Tax$650
Total Annual Running Cost$9K
5-Year Total Cost of Ownership$74K
Cost Per Kilometer$0.595

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

Hyundai Elantra Fuel Cost Calculator — Portugal

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

Adjust Your Usage

15,000 km
5,000 km50,000 km
1.75
0.01Current: 1.753.50
Fuel efficiency: 6L per 100km (typical for economy segment)

Annual Fuel Cost

$1,575

USD equivalent

Monthly Fuel Cost

$131

Per month average

Annual Liters Used

900L

At 15,000 km/yr

Cost per 100km

$10.50

6L × €1.75

Hyundai Elantra Depreciation Curve

The Hyundai Elantra loses approximately $11K (49%) of its value over 5 years.

Year-by-Year Value

New$22K100%
Year 1$18K80%
Year 2$15K70%
Year 3$14K62%
Year 4$12K56%
Year 5$11K51%

Depreciation based on economy segment averages.

Hyundai Elantra vs. Competitors in Portugal

How does the Hyundai Elantra compare to similar cars available in Portugal?

★ This Car

Hyundai

Elantra

Base Price

$22K

Annual Cost in Portugal

$9K

147 hp inline-4

Toyota

Yaris

Base Price

$22K

Annual Cost in Portugal

$4K

Best reliability, lowest maintenance

Honda

Fit

Base Price

$21K

Annual Cost in Portugal

$4K

Excellent fuel economy, spacious interior

Hyundai

i20

Base Price

$20K

Annual Cost in Portugal

$4K

Long warranty, good value features

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.

⚠️

Moderate for Portugal

Annual car costs = 37% 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

VolkswagenRenaultPeugeot

Hyundai Elantra in Portugal — Frequently Asked Questions

Common questions about owning a Hyundai Elantra in Portugal.

The 2024 Hyundai Elantra has a base price of $22,000 USD. In Portugal, after 10% import duty and 23% VAT, the total purchase price is approximately $29,766 USD (€29,766 EUR).