2024 Iveco DailyTrue Cost of Ownership in South Africa
180 hp turbocharged diesel inline-4, popular commercial van. Full cost breakdown including import duty (25%), VAT (15%), insurance, fuel at R1.15/L, maintenance, and depreciation.
Purchase Price
$58K
Base: $40K
Annual Total
$14K
Insurance + fuel + maintenance
Import Duty
$10K
25% of base price
VAT
$8K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$125K
Purchase + 5yr running costs
2024 Iveco Daily โ Full Cost Breakdown in South Africa
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $40K |
| Import Duty (25%) | $10K |
| VAT / Sales Tax (15%) | $8K |
| Total Purchase Price | $58K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $2K |
| Annual Depreciation | $9K |
| Registration & Road Tax | $400 |
| Total Annual Running Cost | $14K |
| 5-Year Total Cost of Ownership | $125K |
| Cost Per Kilometer | $0.905 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Iveco Daily Fuel Cost Calculator โ South Africa
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,380
USD equivalent
Monthly Fuel Cost
$115
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$9.20
8L ร R1.15
Iveco Daily Depreciation Curve
The Iveco Daily loses approximately $22K (54%) of its value over 5 years.
Year-by-Year Value
| New | $40K | 100% |
| Year 1 | $31K | 78% |
| Year 2 | $27K | 67% |
| Year 3 | $23K | 58% |
| Year 4 | $20K | 51% |
| Year 5 | $18K | 46% |
Depreciation based on mid-range segment averages.
Iveco Daily vs. Competitors in South Africa
How does the Iveco Daily compare to similar cars available in South Africa?
Iveco
Daily
Base Price
$40K
Annual Cost in South Africa
$14K
Toyota
Camry
Base Price
$28K
Annual Cost in South Africa
$7K
Honda
Accord
Base Price
$30K
Annual Cost in South Africa
$7K
Mazda
Mazda6
Base Price
$27K
Annual Cost in South Africa
$7K
Annual costs estimated for South Africa market. Import duty (25%) and VAT (15%) applied to all models.
๐ฟ๐ฆ Owning a Car in South Africa
High import duties on most vehicles.
Very Expensive for South Africa
Annual car costs = 194% of average South Africa income ($7K/yr)
Average Annual Income
$7K
In South Africa
Fuel Price
R1.15/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
25%
On vehicle value
VAT / Sales Tax
15%
Applied at purchase
Driving Side
Left-hand
Africa
Popular Car Brands in South Africa
Iveco Daily in South Africa โ Frequently Asked Questions
Common questions about owning a Iveco Daily in South Africa.
The 2024 Iveco Daily has a base price of $40,000 USD. In South Africa, after 25% import duty and 15% VAT, the total purchase price is approximately $57,500 USD (R57,500 ZAR).