2024 Mercedes-Benz GLS 580True Cost of Ownership in Hungary
496 hp twin-turbo V8. Full cost breakdown including import duty (10%), VAT (27%), insurance, fuel at Ft1.5/L, maintenance, and depreciation.
Purchase Price
$140K
Base: $100K
Annual Total
$25K
Insurance + fuel + maintenance
Import Duty
$10K
10% of base price
VAT
$30K
27% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$266K
Purchase + 5yr running costs
2024 Mercedes-Benz GLS 580 — Full Cost Breakdown in Hungary
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $100K |
| Import Duty (10%) | $10K |
| VAT / Sales Tax (27%) | $30K |
| Total Purchase Price | $140K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $1K |
| Annual Depreciation | $20K |
| Registration & Road Tax | $350 |
| Total Annual Running Cost | $25K |
| 5-Year Total Cost of Ownership | $266K |
| Cost Per Kilometer | $1.682 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Mercedes-Benz GLS 580 Fuel Cost Calculator — Hungary
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,475
USD equivalent
Monthly Fuel Cost
$206
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$16.50
11L × Ft1.50
Mercedes-Benz GLS 580 Depreciation Curve
The Mercedes-Benz GLS 580 loses approximately $49K (49%) of its value over 5 years.
Year-by-Year Value
| New | $100K | 100% |
| Year 1 | $80K | 80% |
| Year 2 | $70K | 70% |
| Year 3 | $62K | 62% |
| Year 4 | $56K | 56% |
| Year 5 | $51K | 51% |
Depreciation based on suv segment averages.
Mercedes-Benz GLS 580 vs. Competitors in Hungary
How does the Mercedes-Benz GLS 580 compare to similar cars available in Hungary?
Mercedes-Benz
GLS 580
Base Price
$100K
Annual Cost in Hungary
$25K
Toyota
RAV4
Base Price
$32K
Annual Cost in Hungary
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Hungary
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Hungary
$7K
Annual costs estimated for Hungary market. Import duty (10%) and VAT (27%) applied to all models.
🇭🇺 Owning a Car in Hungary
Affordable Eastern European market.
Very Expensive for Hungary
Annual car costs = 158% of average Hungary income ($16K/yr)
Average Annual Income
$16K
In Hungary
Fuel Price
Ft1.50/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
27%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Hungary
Mercedes-Benz GLS 580 in Hungary — Frequently Asked Questions
Common questions about owning a Mercedes-Benz GLS 580 in Hungary.
The 2024 Mercedes-Benz GLS 580 has a base price of $100,000 USD. In Hungary, after 10% import duty and 27% VAT, the total purchase price is approximately $139,700 USD (Ft139,700 HUF).
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