2024 Renault KwidTrue Cost of Ownership in Canada
54 hp inline-3. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.
Purchase Price
$9K
Base: $8K
Annual Total
$7K
Insurance + fuel + maintenance
Import Duty
$488
6.1% of base price
VAT
$424
5% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$43K
Purchase + 5yr running costs
2024 Renault Kwid — Full Cost Breakdown in Canada
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $8K |
| Import Duty (6.1%) | $488 |
| VAT / Sales Tax (5%) | $424 |
| Total Purchase Price | $9K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $1K |
| Annual Depreciation | $2K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $7K |
| 5-Year Total Cost of Ownership | $43K |
| Cost Per Kilometer | $0.460 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Renault Kwid Fuel Cost Calculator — Canada
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,080
USD equivalent
Monthly Fuel Cost
$90
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$7.20
6L × C$1.20
Renault Kwid Depreciation Curve
The Renault Kwid loses approximately $4K (49%) of its value over 5 years.
Year-by-Year Value
| New | $8K | 100% |
| Year 1 | $6K | 80% |
| Year 2 | $6K | 70% |
| Year 3 | $5K | 62% |
| Year 4 | $4K | 56% |
| Year 5 | $4K | 51% |
Depreciation based on economy segment averages.
Renault Kwid vs. Competitors in Canada
How does the Renault Kwid compare to similar cars available in Canada?
Renault
Kwid
Base Price
$8K
Annual Cost in Canada
$7K
Toyota
Yaris
Base Price
$22K
Annual Cost in Canada
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Canada
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Canada
$4K
Annual costs estimated for Canada market. Import duty (6.1%) and VAT (5%) applied to all models.
🇨🇦 Owning a Car in Canada
Insurance varies hugely by province.
Affordable for Canada
Annual car costs = 14% of average Canada income ($48K/yr)
Average Annual Income
$48K
In Canada
Fuel Price
C$1.20/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
6.1%
On vehicle value
VAT / Sales Tax
5%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in Canada
Renault Kwid in Canada — Frequently Asked Questions
Common questions about owning a Renault Kwid in Canada.
The 2024 Renault Kwid has a base price of $8,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $8,912 USD (C$8,912 CAD).