2024 Hyundai i20True Cost of Ownership in New Zealand
100 hp turbocharged inline-3. Full cost breakdown including import duty (5%), VAT (15%), insurance, fuel at NZ$1.5/L, maintenance, and depreciation.
Purchase Price
$19K
Base: $16K
Annual Total
$8K
Insurance + fuel + maintenance
Import Duty
$800
5% of base price
VAT
$3K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$60K
Purchase + 5yr running costs
2024 Hyundai i20 — Full Cost Breakdown in New Zealand
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $16K |
| Import Duty (5%) | $800 |
| VAT / Sales Tax (15%) | $3K |
| Total Purchase Price | $19K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $1K |
| Annual Depreciation | $3K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $8K |
| 5-Year Total Cost of Ownership | $60K |
| Cost Per Kilometer | $0.540 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Hyundai i20 Fuel Cost Calculator — New Zealand
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,350
USD equivalent
Monthly Fuel Cost
$113
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$9.00
6L × NZ$1.50
Hyundai i20 Depreciation Curve
The Hyundai i20 loses approximately $8K (49%) of its value over 5 years.
Year-by-Year Value
| New | $16K | 100% |
| Year 1 | $13K | 80% |
| Year 2 | $11K | 70% |
| Year 3 | $10K | 62% |
| Year 4 | $9K | 56% |
| Year 5 | $8K | 51% |
Depreciation based on economy segment averages.
Hyundai i20 vs. Competitors in New Zealand
How does the Hyundai i20 compare to similar cars available in New Zealand?
Hyundai
i20
Base Price
$16K
Annual Cost in New Zealand
$8K
Toyota
Yaris
Base Price
$22K
Annual Cost in New Zealand
$4K
Honda
Fit
Base Price
$21K
Annual Cost in New Zealand
$4K
Annual costs estimated for New Zealand market. Import duty (5%) and VAT (15%) applied to all models.
🇳🇿 Owning a Car in New Zealand
High fuel prices relative to income.
Affordable for New Zealand
Annual car costs = 19% of average New Zealand income ($42K/yr)
Average Annual Income
$42K
In New Zealand
Fuel Price
NZ$1.50/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
5%
On vehicle value
VAT / Sales Tax
15%
Applied at purchase
Driving Side
Left-hand
Oceania
Popular Car Brands in New Zealand
Hyundai i20 in New Zealand — Frequently Asked Questions
Common questions about owning a Hyundai i20 in New Zealand.
The 2024 Hyundai i20 has a base price of $16,000 USD. In New Zealand, after 5% import duty and 15% VAT, the total purchase price is approximately $19,320 USD (NZ$19,320 NZD).