๐Ÿ‡จ๐Ÿ‡ฆCanada ยท mid-range

2024 Kia Sportage SX PrestigeTrue Cost of Ownership in Canada

187 hp turbocharged inline-4. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.

Annual cost =31%of avg Canada income

Purchase Price

$42K

Base: $38K

Annual Total

$15K

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

$116K

Purchase + 5yr running costs

2024 Kia Sportage SX Prestige โ€” Full Cost Breakdown in Canada

Every cost component from purchase to 5-year ownership. All figures in USD equivalent.

Cost ComponentAmount (USD)
Base Price (MSRP)$38K
Import Duty (6.1%)$2K
VAT / Sales Tax (5%)$2K
Total Purchase Price$42K
Annual Insurance$2K
Annual Fuel Cost$1K
Annual Maintenance$2K
Annual Depreciation$8K
Registration & Road Tax$600
Total Annual Running Cost$15K
5-Year Total Cost of Ownership$116K
Cost Per Kilometer$0.987

For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.

Kia Sportage SX Prestige Fuel Cost Calculator โ€” Canada

Adjust your annual mileage and local fuel price to calculate your exact fuel costs.

Adjust Your Usage

15,000 km
5,000 km50,000 km
C$1.20
C$0.01Current: C$1.20C$3.50
Fuel efficiency: 8L per 100km (typical for mid-range segment)

Annual Fuel Cost

$1,440

USD equivalent

Monthly Fuel Cost

$120

Per month average

Annual Liters Used

1,200L

At 15,000 km/yr

Cost per 100km

$9.60

8L ร— C$1.20

Kia Sportage SX Prestige Depreciation Curve

The Kia Sportage SX Prestige loses approximately $21K (54%) of its value over 5 years.

Year-by-Year Value

New$38K100%
Year 1$30K78%
Year 2$25K67%
Year 3$22K58%
Year 4$19K51%
Year 5$17K46%

Depreciation based on mid-range segment averages.

Kia Sportage SX Prestige vs. Competitors in Canada

How does the Kia Sportage SX Prestige compare to similar cars available in Canada?

โ˜… This Car

Kia

Sportage SX Prestige

Base Price

$38K

Annual Cost in Canada

$15K

187 hp turbocharged inline-4

Toyota

Camry

Base Price

$28K

Annual Cost in Canada

$7K

Best resale value, proven reliability

Honda

Accord

Base Price

$30K

Annual Cost in Canada

$7K

Sporty handling, premium feel

Mazda

Mazda6

Base Price

$27K

Annual Cost in Canada

$7K

Premium interior, engaging drive

Annual costs estimated for Canada market. Import duty (6.1%) and VAT (5%) applied to all models.

๐Ÿ‡จ๐Ÿ‡ฆ Owning a Car in Canada

Insurance varies hugely by province.

โš ๏ธ

Moderate for Canada

Annual car costs = 31% of average Canada income ($48K/yr)

๐Ÿ’ฐ

Average Annual Income

$48K

In Canada

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Fuel Price

C$1.20/L

Gasoline dominant

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Avg Car Insurance

$2K

Per year

๐Ÿ“‹

Import Duty

6.1%

On vehicle value

๐Ÿ›๏ธ

VAT / Sales Tax

5%

Applied at purchase

๐Ÿš—

Driving Side

Right-hand

North America

Popular Car Brands in Canada

FordChevroletToyota

Kia Sportage SX Prestige in Canada โ€” Frequently Asked Questions

Common questions about owning a Kia Sportage SX Prestige in Canada.

The 2024 Kia Sportage SX Prestige has a base price of $38,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $42,334 USD (C$42,334 CAD).