2023 Hyundai Tucson PHEVTrue Cost of Ownership in Venezuela
261 hp plug-in hybrid. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at Bs0.01/L, maintenance, and depreciation.
Purchase Price
$53K
Base: $38K
Annual Total
$11K
Insurance + fuel + maintenance
Import Duty
$8K
20% of base price
VAT
$7K
16% applied
Annual Insurance
$100
Avg for this country
5-Year Total
$107K
Purchase + 5yr running costs
2023 Hyundai Tucson PHEV — Full Cost Breakdown in Venezuela
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $38K |
| Import Duty (20%) | $8K |
| VAT / Sales Tax (16%) | $7K |
| Total Purchase Price | $53K |
| Annual Insurance | $100 |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $86 |
| Annual Depreciation | $11K |
| Registration & Road Tax | $70 |
| Total Annual Running Cost | $11K |
| 5-Year Total Cost of Ownership | $107K |
| Cost Per Kilometer | $0.726 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Hyundai Tucson PHEV Fuel Cost Calculator — Venezuela
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
⚡ Electric Vehicle
The Hyundai Tucson PHEV runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Venezuela.
$0 Fuel Cost
Electric vehicle — no gasoline required
Hyundai Tucson PHEV Depreciation Curve
The Hyundai Tucson PHEV loses approximately $22K (57%) of its value over 5 years.
Year-by-Year Value
| New | $38K | 100% |
| Year 1 | $27K | 72% |
| Year 2 | $24K | 62% |
| Year 3 | $21K | 54% |
| Year 4 | $18K | 48% |
| Year 5 | $16K | 43% |
Depreciation based on electric segment averages.
Hyundai Tucson PHEV vs. Competitors in Venezuela
How does the Hyundai Tucson PHEV compare to similar cars available in Venezuela?
Hyundai
Tucson PHEV
Base Price
$38K
Annual Cost in Venezuela
$11K
Tesla
Model 3
Base Price
$42K
Annual Cost in Venezuela
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in Venezuela
$5K
BMW
i4
Base Price
$56K
Annual Cost in Venezuela
$8K
Annual costs estimated for Venezuela market. Import duty (20%) and VAT (16%) applied to all models.
🇻🇪 Owning a Car in Venezuela
Near-free fuel but economic instability.
Very Expensive for Venezuela
Annual car costs = 605% of average Venezuela income ($2K/yr)
Average Annual Income
$2K
In Venezuela
Fuel Price
Bs0.01/L
Gasoline dominant
Avg Car Insurance
$100
Per year
Import Duty
20%
On vehicle value
VAT / Sales Tax
16%
Applied at purchase
Driving Side
Right-hand
South America
Popular Car Brands in Venezuela
Hyundai Tucson PHEV in Venezuela — Frequently Asked Questions
Common questions about owning a Hyundai Tucson PHEV in Venezuela.
The 2023 Hyundai Tucson PHEV has a base price of $38,000 USD. In Venezuela, after 20% import duty and 16% VAT, the total purchase price is approximately $52,896 USD (Bs52,896 VES).