🇳🇬Nigeria · suv

2023 Land Rover Range Rover Sport SVRTrue Cost of Ownership in Nigeria

575 hp supercharged V8. Full cost breakdown including import duty (35%), VAT (7.5%), insurance, fuel at 0.55/L, maintenance, and depreciation.

Annual cost =1337%of avg Nigeria income

Purchase Price

$196K

Base: $135K

Annual Total

$29K

Insurance + fuel + maintenance

Import Duty

$47K

35% of base price

VAT

$14K

7.5% applied

Annual Insurance

$550

Avg for this country

5-Year Total

$343K

Purchase + 5yr running costs

2023 Land Rover Range Rover Sport SVR — Full Cost Breakdown in Nigeria

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

Cost ComponentAmount (USD)
Base Price (MSRP)$135K
Import Duty (35%)$47K
VAT / Sales Tax (7.5%)$14K
Total Purchase Price$196K
Annual Insurance$550
Annual Fuel Cost$908
Annual Maintenance$707
Annual Depreciation$27K
Registration & Road Tax$250
Total Annual Running Cost$29K
5-Year Total Cost of Ownership$343K
Cost Per Kilometer$1.961

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

Land Rover Range Rover Sport SVR Fuel Cost Calculator — Nigeria

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
0.55
0.01Current: 0.553.50
Fuel efficiency: 11L per 100km (typical for suv segment)

Annual Fuel Cost

$908

USD equivalent

Monthly Fuel Cost

$76

Per month average

Annual Liters Used

1,650L

At 15,000 km/yr

Cost per 100km

$6.05

11L × ₦0.55

Land Rover Range Rover Sport SVR Depreciation Curve

The Land Rover Range Rover Sport SVR loses approximately $66K (49%) of its value over 5 years.

Year-by-Year Value

New$135K100%
Year 1$108K80%
Year 2$95K70%
Year 3$84K62%
Year 4$76K56%
Year 5$69K51%

Depreciation based on suv segment averages.

Land Rover Range Rover Sport SVR vs. Competitors in Nigeria

How does the Land Rover Range Rover Sport SVR compare to similar cars available in Nigeria?

★ This Car

Land Rover

Range Rover Sport SVR

Base Price

$135K

Annual Cost in Nigeria

$29K

575 hp supercharged V8

Toyota

RAV4

Base Price

$32K

Annual Cost in Nigeria

$8K

Best reliability, hybrid option

Honda

CR-V

Base Price

$31K

Annual Cost in Nigeria

$7K

Spacious, fuel-efficient

Mazda

CX-5

Base Price

$30K

Annual Cost in Nigeria

$7K

Premium feel, engaging drive

Annual costs estimated for Nigeria market. Import duty (35%) and VAT (7.5%) applied to all models.

🇳🇬 Owning a Car in Nigeria

Low fuel cost but poor road infrastructure.

🔴

Very Expensive for Nigeria

Annual car costs = 1337% of average Nigeria income ($2K/yr)

💰

Average Annual Income

$2K

In Nigeria

Fuel Price

₦0.55/L

Gasoline dominant

🛡️

Avg Car Insurance

$550

Per year

📋

Import Duty

35%

On vehicle value

🏛️

VAT / Sales Tax

7.5%

Applied at purchase

🚗

Driving Side

Right-hand

Africa

Popular Car Brands in Nigeria

ToyotaHondaHyundai

Land Rover Range Rover Sport SVR in Nigeria — Frequently Asked Questions

Common questions about owning a Land Rover Range Rover Sport SVR in Nigeria.

The 2023 Land Rover Range Rover Sport SVR has a base price of $135,000 USD. In Nigeria, after 35% import duty and 7.5% VAT, the total purchase price is approximately $195,919 USD (₦195,919 NGN).