2024 JAC JS3True Cost of Ownership in Venezuela
120 hp turbocharged inline-4. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at Bs0.01/L, maintenance, and depreciation.
Purchase Price
$21K
Base: $15K
Annual Total
$3K
Insurance + fuel + maintenance
Import Duty
$3K
20% of base price
VAT
$3K
16% applied
Annual Insurance
$100
Avg for this country
5-Year Total
$37K
Purchase + 5yr running costs
2024 JAC JS3 — 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) | $15K |
| Import Duty (20%) | $3K |
| VAT / Sales Tax (16%) | $3K |
| Total Purchase Price | $21K |
| Annual Insurance | $100 |
| Annual Fuel Cost | $9 |
| Annual Maintenance | $64 |
| Annual Depreciation | $3K |
| Registration & Road Tax | $70 |
| Total Annual Running Cost | $3K |
| 5-Year Total Cost of Ownership | $37K |
| Cost Per Kilometer | $0.216 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
JAC JS3 Fuel Cost Calculator — Venezuela
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$9
USD equivalent
Monthly Fuel Cost
$1
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$0.06
6L × Bs0.01
JAC JS3 Depreciation Curve
The JAC JS3 loses approximately $7K (49%) of its value over 5 years.
Year-by-Year Value
| New | $15K | 100% |
| Year 1 | $12K | 80% |
| Year 2 | $11K | 70% |
| Year 3 | $9K | 62% |
| Year 4 | $8K | 56% |
| Year 5 | $8K | 51% |
Depreciation based on economy segment averages.
JAC JS3 vs. Competitors in Venezuela
How does the JAC JS3 compare to similar cars available in Venezuela?
JAC
JS3
Base Price
$15K
Annual Cost in Venezuela
$3K
Toyota
Yaris
Base Price
$22K
Annual Cost in Venezuela
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Venezuela
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Venezuela
$4K
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 = 180% 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
JAC JS3 in Venezuela — Frequently Asked Questions
Common questions about owning a JAC JS3 in Venezuela.
The 2024 JAC JS3 has a base price of $15,000 USD. In Venezuela, after 20% import duty and 16% VAT, the total purchase price is approximately $20,880 USD (Bs20,880 VES).