SportsModel Hub

Praga R1

220 hp turbocharged inline-4. Compare true ownership costs across 50 countries — purchase price, import duties, insurance, fuel, and annual running costs.

2022 2021

Base Price

$200K

USD MSRP

Cheapest Country

🇻🇪 Venezuela

$44K/yr

Most Expensive

🇸🇬 Singapore

$64K/yr

5-Year TCO (US)

$461K

Total cost of ownership

Countries Tracked

Full cost breakdown

Years Available

Model years tracked

⛽

Fuel Efficiency

~10L / 100km

At 15,000 km/yr, approx. 1500 litres annually

📉

3-Year Depreciation

40% loss

Loses ~$80,000 from $200,000 base in 3 years

🔧

Annual Maintenance

$2,500

Typical for Sports segment in developed markets

🏷️

Segment

Sports

Competes in the Sports segment globally

About This Model

Sports Segment: Performance Costs and Enthusiast Premiums

Sports models carry higher insurance premiums — typically 25–40% above equivalent non-performance vehicles — and performance-grade consumables (tyres, brake pads, fluids) add meaningfully to annual running costs. However, enthusiast demand in the secondary market consistently supports residual values above segment averages. Track use, even occasional, can void manufacturer warranties and significantly increase insurance costs. Buyers who intend to use their sports car on track should budget for dedicated track insurance and accelerated consumable replacement.

The Praga R1 is a Sports-segment vehicle with a base price of $200,000 USD. 220 hp turbocharged inline-4. Across 50 countries, annual ownership costs range from $44K in Venezuela to $64K in Singapore — a 44% difference driven by import duties, fuel prices, insurance markets, and local taxation.

Annual Cost Snapshot (US)

Depreciation

$44,000

Insurance

$1,900

Fuel

$1,425

Maintenance

$3,393

Registration

$450

Total Annual$51,168

Full US Breakdown

Interactive Chart

Praga R1 — Annual Cost by Country

Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

Depreciation Curve

How Fast Does the R1 Lose Value?

Starting at $200,000, the Praga R1 retains 50% of its value after 5 years — losing $100,000 in total.

Year 1

$156,000 (78%)

Year 2

$136,000 (68%)

Year 3

$120,000 (60%)

Year 4

$108,000 (54%)

Year 5

$100,000 (50%)

Market Value Over 5 Years

Cost Composition

What Makes Up the Annual Cost?

Annual ownership cost in the United States: $51,168. Depreciation is the largest single cost at 86% of total annual spend.

Depreciation

$44,00086%

Insurance

$1,9004%

Fuel

$1,4253%

Maintenance

$3,3937%

Registration

$4501%

Country Rankings

Where Is the R1 Cheapest & Most Expensive?

🏆5 Cheapest Countries to Own

#1🇻🇪

Venezuela

Purchase: $278K

$44K/yr

#2🇮🇷

Iran

Purchase: $414K

$45K/yr

#3🇧🇩

Bangladesh

Purchase: $575K

$46K/yr

#4🇪🇬

Egypt

Purchase: $319K

$46K/yr

#5🇳🇬

Nigeria

Purchase: $290K

$47K/yr

💸5 Most Expensive Countries to Own

#1🇸🇬

Singapore

Purchase: $307K

$64K/yr

#2🇭🇰

Hong Kong

Purchase: $430K

$60K/yr

#3🇬🇧

United Kingdom

Purchase: $256K

$55K/yr

#4🇮🇹

Italy

Purchase: $268K

$55K/yr

#5🇮🇱

Israel

Purchase: $428K

$54K/yr

50 Countries

Praga R1 — Annual Cost by Country

Based on 2022 model. Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

#	Country	Purchase Price	Import Duty	Insurance/yr	Fuel/yr	Annual Total	Details
1	🇻🇪Venezuela	$278K	20%	$100	$15	$44K	View
2	🇮🇷Iran	$414K	90%	$150	$75	$45K	View
3	🇧🇩Bangladesh	$575K	150%	$200	$1K	$46K	View
4	🇪🇬Egypt	$319K	40%	$450	$570	$46K	View
5	🇳🇬Nigeria	$290K	35%	$550	$825	$47K	View
6	🇷🇺Russia	$276K	15%	$700	$930	$47K	View
7	🇺🇦Ukraine	$264K	10%	$500	$2K	$47K	View
8	🇵🇪Peru	$257K	9%	$600	$1K	$47K	View
9	🇮🇳India	$512K	100%	$350	$2K	$47K	View
10	🇶🇦Qatar	$210K	5%	$1K	$285	$48K	View
11	🇵🇰Pakistan	$351K	50%	$450	$2K	$48K	View
12	🇮🇩Indonesia	$311K	40%	$650	$1K	$48K	View
13	🇬🇭Ghana	$276K	20%	$650	$2K	$48K	View
14	🇻🇳Vietnam	$374K	70%	$450	$1K	$48K	View
15	🇸🇦Saudi Arabia	$242K	5%	$1K	$360	$48K	View
16	🇲🇾Malaysia	$276K	30%	$950	$780	$48K	View
17	🇵🇭Philippines	$291K	30%	$750	$2K	$48K	View
18	🇹🇭Thailand	$385K	80%	$850	$1K	$48K	View
19	🇰🇪Kenya	$290K	25%	$750	$2K	$48K	View
20	🇲🇽Mexico	$278K	20%	$1K	$1K	$49K	View
21	🇦🇪UAE	$221K	5%	$1K	$630	$49K	View
22	🇨🇴Colombia	$321K	35%	$1K	$1K	$49K	View
23	🇦🇷Argentina	$327K	35%	$1K	$975	$49K	View
24	🇷🇴Romania	$262K	10%	$950	$2K	$49K	View
25	🇨🇱Chile	$252K	6%	$1K	$2K	$50K	View
26	🇭🇺Hungary	$279K	10%	$1K	$2K	$50K	View
27	🇨🇳China	$260K	15%	$1K	$2K	$50K	View
28	🇨🇿Czech Republic	$266K	10%	$1K	$2K	$50K	View
29	🇵🇱Poland	$271K	10%	$1K	$2K	$50K	View
30	🇿🇦South Africa	$288K	25%	$2K	$2K	$50K	View
31	🇰🇷South Korea	$238K	8%	$1K	$2K	$51K	View
32	🇺🇸United States	$205K	2.5%	$2K	$1K	$51K	View
33	🇵🇹Portugal	$271K	10%	$1K	$3K	$51K	View
34	🇬🇷Greece	$273K	10%	$1K	$3K	$51K	View
35	🇪🇸Spain	$266K	10%	$2K	$3K	$51K	View
36	🇹🇷Turkey	$432K	80%	$950	$4K	$52K	View
37	🇯🇵Japan	$220K	0%	$1K	$2K	$52K	View
38	🇳🇿New Zealand	$242K	5%	$2K	$2K	$52K	View
39	🇫🇮Finland	$273K	10%	$2K	$3K	$52K	View
40	🇫🇷France	$264K	10%	$2K	$3K	$52K	View
41	🇸🇪Sweden	$275K	10%	$2K	$2K	$52K	View
42	🇦🇹Austria	$264K	10%	$2K	$3K	$52K	View
43	🇨🇦Canada	$223K	6.1%	$2K	$2K	$53K	View
44	🇩🇪Germany	$262K	10%	$2K	$3K	$53K	View
45	🇦🇺Australia	$231K	5%	$2K	$2K	$53K	View
46	🇨🇭Switzerland	$229K	6.5%	$2K	$2K	$53K	View
47	🇧🇪Belgium	$266K	10%	$2K	$3K	$53K	View
48	🇳🇱Netherlands	$266K	10%	$2K	$3K	$53K	View
49	🇳🇴Norway	$313K	25%	$2K	$3K	$54K	View
50	🇩🇰Denmark	$625K	150%	$2K	$3K	$54K	View
51	🇧🇷Brazil	$302K	35%	$3K	$2K	$54K	View
52	🇮🇱Israel	$428K	83%	$2K	$3K	$54K	View
53	🇮🇹Italy	$268K	10%	$2K	$3K	$55K	View
54	🇬🇧United Kingdom	$256K	6.5%	$3K	$3K	$55K	View
55	🇭🇰Hong Kong	$430K	115%	$2K	$3K	$60K	View
56	🇸🇬Singapore	$307K	41%	$3K	$3K	$64K	View