2024 Hyundai i20True Cost of Ownership in Spain
100 hp turbocharged inline-3. Full cost breakdown including import duty (10%), VAT (21%), insurance, fuel at €1.7/L, maintenance, and depreciation.
Purchase Price
$21K
Base: $16K
Annual Total
$8K
Insurance + fuel + maintenance
Import Duty
$2K
10% of base price
VAT
$4K
21% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$61K
Purchase + 5yr running costs
2024 Hyundai i20 — Full Cost Breakdown in Spain
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $16K |
| Import Duty (10%) | $2K |
| VAT / Sales Tax (21%) | $4K |
| Total Purchase Price | $21K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $964 |
| Annual Depreciation | $3K |
| Registration & Road Tax | $700 |
| Total Annual Running Cost | $8K |
| 5-Year Total Cost of Ownership | $61K |
| Cost Per Kilometer | $0.526 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Hyundai i20 Fuel Cost Calculator — Spain
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,530
USD equivalent
Monthly Fuel Cost
$128
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$10.20
6L × €1.70
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 Spain
How does the Hyundai i20 compare to similar cars available in Spain?
Hyundai
i20
Base Price
$16K
Annual Cost in Spain
$8K
Toyota
Yaris
Base Price
$22K
Annual Cost in Spain
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Spain
$4K
Annual costs estimated for Spain market. Import duty (10%) and VAT (21%) applied to all models.
🇪🇸 Owning a Car in Spain
Relatively affordable vs. Northern Europe.
Moderate for Spain
Annual car costs = 26% of average Spain income ($30K/yr)
Average Annual Income
$30K
In Spain
Fuel Price
€1.70/L
Diesel dominant
Avg Car Insurance
$2K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
21%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Spain
Hyundai i20 in Spain — Frequently Asked Questions
Common questions about owning a Hyundai i20 in Spain.
The 2024 Hyundai i20 has a base price of $16,000 USD. In Spain, after 10% import duty and 21% VAT, the total purchase price is approximately $21,296 USD (€21,296 EUR).