🇮🇱Israel · sports

2021 Praga R1True Cost of Ownership in Israel

220 hp turbocharged inline-4. Full cost breakdown including import duty (83%), VAT (17%), insurance, fuel at 2/L, maintenance, and depreciation.

Annual cost =146%of avg Israel income

Purchase Price

$439K

Base: $205K

Annual Total

$55K

Insurance + fuel + maintenance

Import Duty

$170K

83% of base price

VAT

$64K

17% applied

Annual Insurance

$2K

Avg for this country

5-Year Total

$716K

Purchase + 5yr running costs

2021 Praga R1 — Full Cost Breakdown in Israel

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

Cost ComponentAmount (USD)
Base Price (MSRP)$205K
Import Duty (83%)$170K
VAT / Sales Tax (17%)$64K
Total Purchase Price$439K
Annual Insurance$2K
Annual Fuel Cost$3K
Annual Maintenance$4K
Annual Depreciation$45K
Registration & Road Tax$2K
Total Annual Running Cost$55K
5-Year Total Cost of Ownership$716K
Cost Per Kilometer$3.697

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

Praga R1 Fuel Cost Calculator — Israel

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
2.00
0.01Current: 2.003.50
Fuel efficiency: 10L per 100km (typical for sports segment)

Annual Fuel Cost

$3,000

USD equivalent

Monthly Fuel Cost

$250

Per month average

Annual Liters Used

1,500L

At 15,000 km/yr

Cost per 100km

$20.00

10L × ₪2.00

Praga R1 Depreciation Curve

The Praga R1 loses approximately $103K (50%) of its value over 5 years.

Year-by-Year Value

New$205K100%
Year 1$160K78%
Year 2$139K68%
Year 3$123K60%
Year 4$111K54%
Year 5$103K50%

Depreciation based on sports segment averages.

Praga R1 vs. Competitors in Israel

How does the Praga R1 compare to similar cars available in Israel?

★ This Car

Praga

R1

Base Price

$205K

Annual Cost in Israel

$55K

220 hp turbocharged inline-4

Porsche

718 Cayman

Base Price

$65K

Annual Cost in Israel

$14K

Best handling, track-ready

BMW

M2

Base Price

$63K

Annual Cost in Israel

$14K

Raw driving experience

Toyota

GR86

Base Price

$30K

Annual Cost in Israel

$8K

Affordable, pure sports car

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.

🔴

Very Expensive for Israel

Annual car costs = 146% 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

ToyotaHyundaiKia

Praga R1 in Israel — Frequently Asked Questions

Common questions about owning a Praga R1 in Israel.

The 2021 Praga R1 has a base price of $205,000 USD. In Israel, after 83% import duty and 17% VAT, the total purchase price is approximately $438,926 USD (₪438,926 ILS).