2021 Praga R1True Cost of Ownership in Hungary
220 hp turbocharged inline-4. Full cost breakdown including import duty (10%), VAT (27%), insurance, fuel at Ft1.5/L, maintenance, and depreciation.
Purchase Price
$286K
Base: $205K
Annual Total
$51K
Insurance + fuel + maintenance
Import Duty
$21K
10% of base price
VAT
$61K
27% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$540K
Purchase + 5yr running costs
2021 Praga R1 — 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) | $205K |
| Import Duty (10%) | $21K |
| VAT / Sales Tax (27%) | $61K |
| Total Purchase Price | $286K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $2K |
| Annual Depreciation | $45K |
| Registration & Road Tax | $350 |
| Total Annual Running Cost | $51K |
| 5-Year Total Cost of Ownership | $540K |
| Cost Per Kilometer | $3.375 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Praga R1 Fuel Cost Calculator — Hungary
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,250
USD equivalent
Monthly Fuel Cost
$188
Per month average
Annual Liters Used
1,500L
At 15,000 km/yr
Cost per 100km
$15.00
10L × Ft1.50
Praga R1 Depreciation Curve
The Praga R1 loses approximately $103K (50%) of its value over 5 years.
Year-by-Year Value
| New | $205K | 100% |
| Year 1 | $160K | 78% |
| Year 2 | $139K | 68% |
| Year 3 | $123K | 60% |
| Year 4 | $111K | 54% |
| Year 5 | $103K | 50% |
Depreciation based on sports segment averages.
Praga R1 vs. Competitors in Hungary
How does the Praga R1 compare to similar cars available in Hungary?
Praga
R1
Base Price
$205K
Annual Cost in Hungary
$51K
Porsche
718 Cayman
Base Price
$65K
Annual Cost in Hungary
$14K
BMW
M2
Base Price
$63K
Annual Cost in Hungary
$14K
Toyota
GR86
Base Price
$30K
Annual Cost in Hungary
$8K
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 = 316% 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
Praga R1 in Hungary — Frequently Asked Questions
Common questions about owning a Praga R1 in Hungary.
The 2021 Praga R1 has a base price of $205,000 USD. In Hungary, after 10% import duty and 27% VAT, the total purchase price is approximately $286,385 USD (Ft286,385 HUF).