2026 Maruti Suzuki BalenoTrue Cost of Ownership in Norway
90 hp inline-4, popular Indian hatchback, 2026 model. Full cost breakdown including import duty (25%), VAT (25%), insurance, fuel at kr2.1/L, maintenance, and depreciation.
Purchase Price
$19K
Base: $12K
Annual Total
$9K
Insurance + fuel + maintenance
Import Duty
$3K
25% of base price
VAT
$4K
25% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$64K
Purchase + 5yr running costs
2026 Maruti Suzuki Baleno — Full Cost Breakdown in Norway
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $12K |
| Import Duty (25%) | $3K |
| VAT / Sales Tax (25%) | $4K |
| Total Purchase Price | $19K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $964 |
| Annual Depreciation | $2K |
| Registration & Road Tax | $2K |
| Total Annual Running Cost | $9K |
| 5-Year Total Cost of Ownership | $64K |
| Cost Per Kilometer | $0.604 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Maruti Suzuki Baleno Fuel Cost Calculator — Norway
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,890
USD equivalent
Monthly Fuel Cost
$158
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$12.60
6L × kr2.10
Maruti Suzuki Baleno Depreciation Curve
The Maruti Suzuki Baleno loses approximately $6K (49%) of its value over 5 years.
Year-by-Year Value
| New | $12K | 100% |
| Year 1 | $10K | 80% |
| Year 2 | $8K | 70% |
| Year 3 | $7K | 62% |
| Year 4 | $7K | 56% |
| Year 5 | $6K | 51% |
Depreciation based on economy segment averages.
Maruti Suzuki Baleno vs. Competitors in Norway
How does the Maruti Suzuki Baleno compare to similar cars available in Norway?
Maruti Suzuki
Baleno
Base Price
$12K
Annual Cost in Norway
$9K
Toyota
Yaris
Base Price
$22K
Annual Cost in Norway
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Norway
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Norway
$4K
Annual costs estimated for Norway market. Import duty (25%) and VAT (25%) applied to all models.
🇳🇴 Owning a Car in Norway
High taxes but EV incentives offset for EVs.
Affordable for Norway
Annual car costs = 14% of average Norway income ($65K/yr)
Average Annual Income
$65K
In Norway
Fuel Price
kr2.10/L
EV-heavy dominant
Avg Car Insurance
$2K
Per year
Import Duty
25%
On vehicle value
VAT / Sales Tax
25%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Norway
Maruti Suzuki Baleno in Norway — Frequently Asked Questions
Common questions about owning a Maruti Suzuki Baleno in Norway.
The 2026 Maruti Suzuki Baleno has a base price of $12,000 USD. In Norway, after 25% import duty and 25% VAT, the total purchase price is approximately $18,750 USD (kr18,750 NOK).