2024 Mahindra TharTrue Cost of Ownership in Japan
130 hp turbocharged diesel inline-4. Full cost breakdown including import duty (0%), VAT (10%), insurance, fuel at ¥1.45/L, maintenance, and depreciation.
Purchase Price
$20K
Base: $18K
Annual Total
$9K
Insurance + fuel + maintenance
Import Duty
$0
0% of base price
VAT
$2K
10% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$64K
Purchase + 5yr running costs
2024 Mahindra Thar — Full Cost Breakdown in Japan
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $18K |
| Import Duty (0%) | $0 |
| VAT / Sales Tax (10%) | $2K |
| Total Purchase Price | $20K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $900 |
| Annual Depreciation | $4K |
| Registration & Road Tax | $2K |
| Total Annual Running Cost | $9K |
| 5-Year Total Cost of Ownership | $64K |
| Cost Per Kilometer | $0.587 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Mahindra Thar Fuel Cost Calculator — Japan
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,305
USD equivalent
Monthly Fuel Cost
$109
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$8.70
6L × ¥1.45
Mahindra Thar Depreciation Curve
The Mahindra Thar loses approximately $9K (49%) of its value over 5 years.
Year-by-Year Value
| New | $18K | 100% |
| Year 1 | $14K | 80% |
| Year 2 | $13K | 70% |
| Year 3 | $11K | 62% |
| Year 4 | $10K | 56% |
| Year 5 | $9K | 51% |
Depreciation based on economy segment averages.
Mahindra Thar vs. Competitors in Japan
How does the Mahindra Thar compare to similar cars available in Japan?
Mahindra
Thar
Base Price
$18K
Annual Cost in Japan
$9K
Toyota
Yaris
Base Price
$22K
Annual Cost in Japan
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Japan
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Japan
$4K
Annual costs estimated for Japan market. Import duty (0%) and VAT (10%) applied to all models.
🇯🇵 Owning a Car in Japan
Shaken inspection every 2 years: $1,200.
Moderate for Japan
Annual car costs = 23% of average Japan income ($38K/yr)
Average Annual Income
$38K
In Japan
Fuel Price
¥1.45/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
0%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in Japan
Mahindra Thar in Japan — Frequently Asked Questions
Common questions about owning a Mahindra Thar in Japan.
The 2024 Mahindra Thar has a base price of $18,000 USD. In Japan, after 0% import duty and 10% VAT, the total purchase price is approximately $19,800 USD (¥19,800 JPY).