๐Ÿ‡จ๐Ÿ‡ฆCanada ยท exotic

2024 Lexus IS 500 F Sport PerformanceTrue Cost of Ownership in Canada

472 hp NA V8. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.

Annual cost =77%of avg Canada income

Purchase Price

$67K

Base: $60K

Annual Total

$37K

Insurance + fuel + maintenance

Import Duty

$4K

6.1% of base price

VAT

$3K

5% applied

Annual Insurance

$2K

Avg for this country

5-Year Total

$251K

Purchase + 5yr running costs

2024 Lexus IS 500 F Sport Performance 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)$60K
Import Duty (6.1%)$4K
VAT / Sales Tax (5%)$3K
Total Purchase Price$67K
Annual Insurance$2K
Annual Fuel Cost$3K
Annual Maintenance$19K
Annual Depreciation$12K
Registration & Road Tax$600
Total Annual Running Cost$37K
5-Year Total Cost of Ownership$251K
Cost Per Kilometer$2.460

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

Lexus IS 500 F Sport Performance 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: 18L per 100km (typical for exotic segment)

Annual Fuel Cost

$3,240

USD equivalent

Monthly Fuel Cost

$270

Per month average

Annual Liters Used

2,700L

At 15,000 km/yr

Cost per 100km

$21.60

18L ร— C$1.20

Lexus IS 500 F Sport Performance Depreciation Curve

The Lexus IS 500 F Sport Performance loses approximately $26K (44%) of its value over 5 years.

Year-by-Year Value

New$60K100%
Year 1$48K80%
Year 2$43K72%
Year 3$39K65%
Year 4$36K60%
Year 5$34K56%

Depreciation based on exotic segment averages.

Lexus IS 500 F Sport Performance vs. Competitors in Canada

How does the Lexus IS 500 F Sport Performance compare to similar cars available in Canada?

โ˜… This Car

Lexus

IS 500 F Sport Performance

Base Price

$60K

Annual Cost in Canada

$37K

472 hp NA V8

Porsche

911 Turbo S

Base Price

$210K

Annual Cost in Canada

$35K

Daily-driveable supercar

McLaren

720S

Base Price

$300K

Annual Cost in Canada

$48K

Fastest in class, lightweight

Aston Martin

DB12

Base Price

$245K

Annual Cost in Canada

$40K

Grand touring excellence

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.

๐Ÿ”ด

Very Expensive for Canada

Annual car costs = 77% of average Canada income ($48K/yr)

๐Ÿ’ฐ

Average Annual Income

$48K

In Canada

โ›ฝ

Fuel Price

C$1.20/L

Gasoline dominant

๐Ÿ›ก๏ธ

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

Lexus IS 500 F Sport Performance in Canada โ€” Frequently Asked Questions

Common questions about owning a Lexus IS 500 F Sport Performance in Canada.

The 2024 Lexus IS 500 F Sport Performance has a base price of $60,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $66,843 USD (C$66,843 CAD).