2024 MG ZS EVTrue Cost of Ownership in Venezuela
174 hp all-electric. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at Bs0.01/L, maintenance, and depreciation.
Purchase Price
$39K
Base: $28K
Annual Total
$6K
Insurance + fuel + maintenance
Import Duty
$6K
20% of base price
VAT
$5K
16% applied
Annual Insurance
$100
Avg for this country
5-Year Total
$68K
Purchase + 5yr running costs
2024 MG ZS EV — 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) | $28K |
| Import Duty (20%) | $6K |
| VAT / Sales Tax (16%) | $5K |
| Total Purchase Price | $39K |
| Annual Insurance | $100 |
| Annual Fuel Cost | $9 |
| Annual Maintenance | $64 |
| Annual Depreciation | $6K |
| Registration & Road Tax | $70 |
| Total Annual Running Cost | $6K |
| 5-Year Total Cost of Ownership | $68K |
| Cost Per Kilometer | $0.390 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
MG ZS EV Fuel Cost Calculator — Venezuela
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$9
USD equivalent
Monthly Fuel Cost
$1
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$0.06
6L × Bs0.01
MG ZS EV Depreciation Curve
The MG ZS EV loses approximately $14K (49%) of its value over 5 years.
Year-by-Year Value
| New | $28K | 100% |
| Year 1 | $22K | 80% |
| Year 2 | $20K | 70% |
| Year 3 | $17K | 62% |
| Year 4 | $16K | 56% |
| Year 5 | $14K | 51% |
Depreciation based on economy segment averages.
MG ZS EV vs. Competitors in Venezuela
How does the MG ZS EV compare to similar cars available in Venezuela?
MG
ZS EV
Base Price
$28K
Annual Cost in Venezuela
$6K
Toyota
Yaris
Base Price
$22K
Annual Cost in Venezuela
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Venezuela
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Venezuela
$4K
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 = 325% 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
MG ZS EV in Venezuela — Frequently Asked Questions
Common questions about owning a MG ZS EV in Venezuela.
The 2024 MG ZS EV has a base price of $28,000 USD. In Venezuela, after 20% import duty and 16% VAT, the total purchase price is approximately $38,976 USD (Bs38,976 VES).