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2024 Nio ET5True Cost of Ownership in Chile

483 hp all-electric. Full cost breakdown including import duty (6%), VAT (19%), insurance, fuel at $1.05/L, maintenance, and depreciation.

Annual cost =84%of avg Chile income

Purchase Price

$63K

Base: $50K

Annual Total

$13K

Insurance + fuel + maintenance

Import Duty

$3K

6% of base price

VAT

$10K

19% applied

Annual Insurance

$1K

Avg for this country

5-Year Total

$130K

Purchase + 5yr running costs

2024 Nio ET5 โ€” Full Cost Breakdown in Chile

Every cost component from purchase to 5-year ownership. All figures in USD equivalent.

Cost ComponentAmount (USD)
Base Price (MSRP)$50K
Import Duty (6%)$3K
VAT / Sales Tax (19%)$10K
Total Purchase Price$63K
Annual Insurance$1K
Annual Fuel Cost$945
Annual Maintenance$804
Annual Depreciation$10K
Registration & Road Tax$450
Total Annual Running Cost$13K
5-Year Total Cost of Ownership$130K
Cost Per Kilometer$0.897

For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.

Nio ET5 Fuel Cost Calculator โ€” Chile

Adjust your annual mileage and local fuel price to calculate your exact fuel costs.

Adjust Your Usage

15,000 km
5,000 km50,000 km
$1.05
$0.01Current: $1.05$3.50
Fuel efficiency: 6L per 100km (typical for economy segment)

Annual Fuel Cost

$945

USD equivalent

Monthly Fuel Cost

$79

Per month average

Annual Liters Used

900L

At 15,000 km/yr

Cost per 100km

$6.30

6L ร— $1.05

Nio ET5 Depreciation Curve

The Nio ET5 loses approximately $25K (49%) of its value over 5 years.

Year-by-Year Value

New$50K100%
Year 1$40K80%
Year 2$35K70%
Year 3$31K62%
Year 4$28K56%
Year 5$26K51%

Depreciation based on economy segment averages.

Nio ET5 vs. Competitors in Chile

How does the Nio ET5 compare to similar cars available in Chile?

โ˜… This Car

Nio

ET5

Base Price

$50K

Annual Cost in Chile

$13K

483 hp all-electric

Toyota

Yaris

Base Price

$22K

Annual Cost in Chile

$4K

Best reliability, lowest maintenance

Honda

Fit

Base Price

$21K

Annual Cost in Chile

$4K

Excellent fuel economy, spacious interior

Hyundai

i20

Base Price

$20K

Annual Cost in Chile

$4K

Long warranty, good value features

Annual costs estimated for Chile market. Import duty (6%) and VAT (19%) applied to all models.

๐Ÿ‡จ๐Ÿ‡ฑ Owning a Car in Chile

Low import tax, moderate running costs.

๐Ÿ”ด

Very Expensive for Chile

Annual car costs = 84% of average Chile income ($16K/yr)

๐Ÿ’ฐ

Average Annual Income

$16K

In Chile

โ›ฝ

Fuel Price

$1.05/L

Gasoline dominant

๐Ÿ›ก๏ธ

Avg Car Insurance

$1K

Per year

๐Ÿ“‹

Import Duty

6%

On vehicle value

๐Ÿ›๏ธ

VAT / Sales Tax

19%

Applied at purchase

๐Ÿš—

Driving Side

Right-hand

South America

Popular Car Brands in Chile

ToyotaChevroletHyundai

Nio ET5 in Chile โ€” Frequently Asked Questions

Common questions about owning a Nio ET5 in Chile.

The 2024 Nio ET5 has a base price of $50,000 USD. In Chile, after 6% import duty and 19% VAT, the total purchase price is approximately $63,070 USD ($63,070 CLP).