2024 Hyundai Kona ElectricTrue Cost of Ownership in Canada
201 hp all-electric. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.
Purchase Price
$37K
Base: $33K
Annual Total
$12K
Insurance + fuel + maintenance
Import Duty
$2K
6.1% of base price
VAT
$2K
5% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$96K
Purchase + 5yr running costs
2024 Hyundai Kona Electric — Full Cost Breakdown in Canada
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $33K |
| Import Duty (6.1%) | $2K |
| VAT / Sales Tax (5%) | $2K |
| Total Purchase Price | $37K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $1K |
| Annual Depreciation | $7K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $12K |
| 5-Year Total Cost of Ownership | $96K |
| Cost Per Kilometer | $0.793 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Hyundai Kona Electric Fuel Cost Calculator — Canada
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,080
USD equivalent
Monthly Fuel Cost
$90
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$7.20
6L × C$1.20
Hyundai Kona Electric Depreciation Curve
The Hyundai Kona Electric loses approximately $16K (49%) of its value over 5 years.
Year-by-Year Value
| New | $33K | 100% |
| Year 1 | $26K | 80% |
| Year 2 | $23K | 70% |
| Year 3 | $20K | 62% |
| Year 4 | $18K | 56% |
| Year 5 | $17K | 51% |
Depreciation based on economy segment averages.
Hyundai Kona Electric vs. Competitors in Canada
How does the Hyundai Kona Electric compare to similar cars available in Canada?
Hyundai
Kona Electric
Base Price
$33K
Annual Cost in Canada
$12K
Toyota
Yaris
Base Price
$22K
Annual Cost in Canada
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Canada
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Canada
$4K
Annual costs estimated for Canada market. Import duty (6.1%) and VAT (5%) applied to all models.
🇨🇦 Owning a Car in Canada
Insurance varies hugely by province.
Moderate for Canada
Annual car costs = 25% of average Canada income ($48K/yr)
Average Annual Income
$48K
In Canada
Fuel Price
C$1.20/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
6.1%
On vehicle value
VAT / Sales Tax
5%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in Canada
Hyundai Kona Electric in Canada — Frequently Asked Questions
Common questions about owning a Hyundai Kona Electric in Canada.
The 2024 Hyundai Kona Electric has a base price of $33,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $36,764 USD (C$36,764 CAD).
Related Car Cost Pages
Hyundai Kona Electric in Other Countries
- 🇺🇸Hyundai Kona Electric in United States
- 🇬🇧Hyundai Kona Electric in United Kingdom
- 🇩🇪Hyundai Kona Electric in Germany
- 🇫🇷Hyundai Kona Electric in France
- 🇯🇵Hyundai Kona Electric in Japan
- 🇦🇺Hyundai Kona Electric in Australia
- 🇳🇴Hyundai Kona Electric in Norway
- 🇸🇪Hyundai Kona Electric in Sweden
- View all 50 countries →