2024 Hyundai Ioniq 5 NTrue Cost of Ownership in Kenya
641 hp all-electric. Full cost breakdown including import duty (25%), VAT (16%), insurance, fuel at KSh1.35/L, maintenance, and depreciation.
Purchase Price
$97K
Base: $67K
Annual Total
$25K
Insurance + fuel + maintenance
Import Duty
$17K
25% of base price
VAT
$13K
16% applied
Annual Insurance
$750
Avg for this country
5-Year Total
$220K
Purchase + 5yr running costs
2024 Hyundai Ioniq 5 N — Full Cost Breakdown in Kenya
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $67K |
| Import Duty (25%) | $17K |
| VAT / Sales Tax (16%) | $13K |
| Total Purchase Price | $97K |
| Annual Insurance | $750 |
| Annual Fuel Cost | $4K |
| Annual Maintenance | $6K |
| Annual Depreciation | $13K |
| Registration & Road Tax | $300 |
| Total Annual Running Cost | $25K |
| 5-Year Total Cost of Ownership | $220K |
| Cost Per Kilometer | $1.635 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Hyundai Ioniq 5 N Fuel Cost Calculator — Kenya
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,645
USD equivalent
Monthly Fuel Cost
$304
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$24.30
18L × KSh1.35
Hyundai Ioniq 5 N Depreciation Curve
The Hyundai Ioniq 5 N loses approximately $29K (44%) of its value over 5 years.
Year-by-Year Value
| New | $67K | 100% |
| Year 1 | $54K | 80% |
| Year 2 | $48K | 72% |
| Year 3 | $44K | 65% |
| Year 4 | $40K | 60% |
| Year 5 | $38K | 56% |
Depreciation based on exotic segment averages.
Hyundai Ioniq 5 N vs. Competitors in Kenya
How does the Hyundai Ioniq 5 N compare to similar cars available in Kenya?
Hyundai
Ioniq 5 N
Base Price
$67K
Annual Cost in Kenya
$25K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Kenya
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Kenya
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Kenya
$40K
Annual costs estimated for Kenya market. Import duty (25%) and VAT (16%) applied to all models.
🇰🇪 Owning a Car in Kenya
Used Japanese imports dominate market.
Very Expensive for Kenya
Annual car costs = 1115% of average Kenya income ($2K/yr)
Average Annual Income
$2K
In Kenya
Fuel Price
KSh1.35/L
Gasoline dominant
Avg Car Insurance
$750
Per year
Import Duty
25%
On vehicle value
VAT / Sales Tax
16%
Applied at purchase
Driving Side
Left-hand
Africa
Popular Car Brands in Kenya
Hyundai Ioniq 5 N in Kenya — Frequently Asked Questions
Common questions about owning a Hyundai Ioniq 5 N in Kenya.
The 2024 Hyundai Ioniq 5 N has a base price of $67,000 USD. In Kenya, after 25% import duty and 16% VAT, the total purchase price is approximately $97,150 USD (KSh97,150 KES).