2024 Nio ET5True Cost of Ownership in Israel
483 hp all-electric. Full cost breakdown including import duty (83%), VAT (17%), insurance, fuel at ₪2/L, maintenance, and depreciation.
Purchase Price
$107K
Base: $50K
Annual Total
$17K
Insurance + fuel + maintenance
Import Duty
$42K
83% of base price
VAT
$16K
17% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$191K
Purchase + 5yr running costs
2024 Nio ET5 — Full Cost Breakdown in Israel
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $50K |
| Import Duty (83%) | $42K |
| VAT / Sales Tax (17%) | $16K |
| Total Purchase Price | $107K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $1K |
| Annual Depreciation | $10K |
| Registration & Road Tax | $2K |
| Total Annual Running Cost | $17K |
| 5-Year Total Cost of Ownership | $191K |
| Cost Per Kilometer | $1.117 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Nio ET5 Fuel Cost Calculator — Israel
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,800
USD equivalent
Monthly Fuel Cost
$150
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$12.00
6L × ₪2.00
Nio ET5 Depreciation Curve
The Nio ET5 loses approximately $25K (49%) of its value over 5 years.
Year-by-Year Value
| New | $50K | 100% |
| Year 1 | $40K | 80% |
| Year 2 | $35K | 70% |
| Year 3 | $31K | 62% |
| Year 4 | $28K | 56% |
| Year 5 | $26K | 51% |
Depreciation based on economy segment averages.
Nio ET5 vs. Competitors in Israel
How does the Nio ET5 compare to similar cars available in Israel?
Nio
ET5
Base Price
$50K
Annual Cost in Israel
$17K
Toyota
Yaris
Base Price
$22K
Annual Cost in Israel
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Israel
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Israel
$4K
Annual costs estimated for Israel market. Import duty (83%) and VAT (17%) applied to all models.
🇮🇱 Owning a Car in Israel
Very high import taxes on all vehicles.
Expensive for Israel
Annual car costs = 44% of average Israel income ($38K/yr)
Average Annual Income
$38K
In Israel
Fuel Price
₪2.00/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
83%
On vehicle value
VAT / Sales Tax
17%
Applied at purchase
Driving Side
Right-hand
Middle East
Popular Car Brands in Israel
Nio ET5 in Israel — Frequently Asked Questions
Common questions about owning a Nio ET5 in Israel.
The 2024 Nio ET5 has a base price of $50,000 USD. In Israel, after 83% import duty and 17% VAT, the total purchase price is approximately $107,055 USD (₪107,055 ILS).