2021 Praga R1True Cost of Ownership in Spain
220 hp turbocharged inline-4. Full cost breakdown including import duty (10%), VAT (21%), insurance, fuel at €1.7/L, maintenance, and depreciation.
Purchase Price
$273K
Base: $205K
Annual Total
$53K
Insurance + fuel + maintenance
Import Duty
$21K
10% of base price
VAT
$47K
21% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$535K
Purchase + 5yr running costs
2021 Praga R1 — Full Cost Breakdown in Spain
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 (21%) | $47K |
| Total Purchase Price | $273K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $3K |
| Annual Depreciation | $45K |
| Registration & Road Tax | $700 |
| Total Annual Running Cost | $53K |
| 5-Year Total Cost of Ownership | $535K |
| Cost Per Kilometer | $3.502 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Praga R1 Fuel Cost Calculator — Spain
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,550
USD equivalent
Monthly Fuel Cost
$213
Per month average
Annual Liters Used
1,500L
At 15,000 km/yr
Cost per 100km
$17.00
10L × €1.70
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 Spain
How does the Praga R1 compare to similar cars available in Spain?
Praga
R1
Base Price
$205K
Annual Cost in Spain
$53K
Porsche
718 Cayman
Base Price
$65K
Annual Cost in Spain
$14K
BMW
M2
Base Price
$63K
Annual Cost in Spain
$14K
Toyota
GR86
Base Price
$30K
Annual Cost in Spain
$8K
Annual costs estimated for Spain market. Import duty (10%) and VAT (21%) applied to all models.
🇪🇸 Owning a Car in Spain
Relatively affordable vs. Northern Europe.
Very Expensive for Spain
Annual car costs = 175% of average Spain income ($30K/yr)
Average Annual Income
$30K
In Spain
Fuel Price
€1.70/L
Diesel dominant
Avg Car Insurance
$2K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
21%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Spain
Praga R1 in Spain — Frequently Asked Questions
Common questions about owning a Praga R1 in Spain.
The 2021 Praga R1 has a base price of $205,000 USD. In Spain, after 10% import duty and 21% VAT, the total purchase price is approximately $272,855 USD (€272,855 EUR).