2021 Lotus Elise Sport 220True Cost of Ownership in Venezuela
220 hp supercharged inline-4. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at Bs0.01/L, maintenance, and depreciation.
Purchase Price
$84K
Base: $60K
Annual Total
$14K
Insurance + fuel + maintenance
Import Duty
$12K
20% of base price
VAT
$12K
16% applied
Annual Insurance
$100
Avg for this country
5-Year Total
$151K
Purchase + 5yr running costs
2021 Lotus Elise Sport 220 — 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) | $60K |
| Import Duty (20%) | $12K |
| VAT / Sales Tax (16%) | $12K |
| Total Purchase Price | $84K |
| Annual Insurance | $100 |
| Annual Fuel Cost | $15 |
| Annual Maintenance | $179 |
| Annual Depreciation | $13K |
| Registration & Road Tax | $70 |
| Total Annual Running Cost | $14K |
| 5-Year Total Cost of Ownership | $151K |
| Cost Per Kilometer | $0.904 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Lotus Elise Sport 220 Fuel Cost Calculator — Venezuela
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$15
USD equivalent
Monthly Fuel Cost
$1
Per month average
Annual Liters Used
1,500L
At 15,000 km/yr
Cost per 100km
$0.10
10L × Bs0.01
Lotus Elise Sport 220 Depreciation Curve
The Lotus Elise Sport 220 loses approximately $30K (50%) of its value over 5 years.
Year-by-Year Value
| New | $60K | 100% |
| Year 1 | $47K | 78% |
| Year 2 | $41K | 68% |
| Year 3 | $36K | 60% |
| Year 4 | $32K | 54% |
| Year 5 | $30K | 50% |
Depreciation based on sports segment averages.
Lotus Elise Sport 220 vs. Competitors in Venezuela
How does the Lotus Elise Sport 220 compare to similar cars available in Venezuela?
Lotus
Elise Sport 220
Base Price
$60K
Annual Cost in Venezuela
$14K
Porsche
718 Cayman
Base Price
$65K
Annual Cost in Venezuela
$14K
BMW
M2
Base Price
$63K
Annual Cost in Venezuela
$14K
Toyota
GR86
Base Price
$30K
Annual Cost in Venezuela
$8K
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 = 754% 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
Lotus Elise Sport 220 in Venezuela — Frequently Asked Questions
Common questions about owning a Lotus Elise Sport 220 in Venezuela.
The 2021 Lotus Elise Sport 220 has a base price of $60,000 USD. In Venezuela, after 20% import duty and 16% VAT, the total purchase price is approximately $83,520 USD (Bs83,520 VES).
Related Car Cost Pages
Lotus Elise Sport 220 in Other Countries
- 🇺🇸Lotus Elise Sport 220 in United States
- 🇬🇧Lotus Elise Sport 220 in United Kingdom
- 🇩🇪Lotus Elise Sport 220 in Germany
- 🇫🇷Lotus Elise Sport 220 in France
- 🇯🇵Lotus Elise Sport 220 in Japan
- 🇦🇺Lotus Elise Sport 220 in Australia
- 🇨🇦Lotus Elise Sport 220 in Canada
- 🇳🇴Lotus Elise Sport 220 in Norway
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