๐Ÿ‡ฒ๐Ÿ‡ฝMexico ยท electric

2024 Land Rover Defender PHEVTrue Cost of Ownership in Mexico

404 hp plug-in hybrid. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at $0.8/L, maintenance, and depreciation.

Annual cost =234%of avg Mexico income

Purchase Price

$104K

Base: $75K

Annual Total

$23K

Insurance + fuel + maintenance

Import Duty

$15K

20% of base price

VAT

$14K

16% applied

Annual Insurance

$1K

Avg for this country

5-Year Total

$221K

Purchase + 5yr running costs

2024 Land Rover Defender PHEV โ€” Full Cost Breakdown in Mexico

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

Cost ComponentAmount (USD)
Base Price (MSRP)$75K
Import Duty (20%)$15K
VAT / Sales Tax (16%)$14K
Total Purchase Price$104K
Annual Insurance$1K
Annual Fuel Cost$0
Annual Maintenance$900
Annual Depreciation$21K
Registration & Road Tax$450
Total Annual Running Cost$23K
5-Year Total Cost of Ownership$221K
Cost Per Kilometer$1.560

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

Land Rover Defender PHEV Fuel Cost Calculator โ€” Mexico

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

Adjust Your Usage

โšก Electric Vehicle

The Land Rover Defender PHEV runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Mexico.

$0 Fuel Cost

Electric vehicle โ€” no gasoline required

Land Rover Defender PHEV Depreciation Curve

The Land Rover Defender PHEV loses approximately $43K (57%) of its value over 5 years.

Year-by-Year Value

New$75K100%
Year 1$54K72%
Year 2$47K62%
Year 3$41K54%
Year 4$36K48%
Year 5$32K43%

Depreciation based on electric segment averages.

Land Rover Defender PHEV vs. Competitors in Mexico

How does the Land Rover Defender PHEV compare to similar cars available in Mexico?

โ˜… This Car

Land Rover

Defender PHEV

Base Price

$75K

Annual Cost in Mexico

$23K

404 hp plug-in hybrid

Tesla

Model 3

Base Price

$42K

Annual Cost in Mexico

$5K

Best range, Supercharger network

Hyundai

IONIQ 6

Base Price

$39K

Annual Cost in Mexico

$5K

Ultra-efficient, fast charging

BMW

i4

Base Price

$56K

Annual Cost in Mexico

$8K

Premium feel, driving dynamics

Annual costs estimated for Mexico market. Import duty (20%) and VAT (16%) applied to all models.

๐Ÿ‡ฒ๐Ÿ‡ฝ Owning a Car in Mexico

Low insurance costs, moderate fuel.

๐Ÿ”ด

Very Expensive for Mexico

Annual car costs = 234% of average Mexico income ($10K/yr)

๐Ÿ’ฐ

Average Annual Income

$10K

In Mexico

โ›ฝ

Fuel Price

$0.80/L

Gasoline dominant

๐Ÿ›ก๏ธ

Avg Car Insurance

$1K

Per year

๐Ÿ“‹

Import Duty

20%

On vehicle value

๐Ÿ›๏ธ

VAT / Sales Tax

16%

Applied at purchase

๐Ÿš—

Driving Side

Right-hand

North America

Popular Car Brands in Mexico

NissanVolkswagenChevrolet

Land Rover Defender PHEV in Mexico โ€” Frequently Asked Questions

Common questions about owning a Land Rover Defender PHEV in Mexico.

The 2024 Land Rover Defender PHEV has a base price of $75,000 USD. In Mexico, after 20% import duty and 16% VAT, the total purchase price is approximately $104,400 USD ($104,400 MXN).