2024 Renault KwidTrue Cost of Ownership in India
54 hp inline-3. Full cost breakdown including import duty (100%), VAT (28%), insurance, fuel at ₹1.05/L, maintenance, and depreciation.
Purchase Price
$20K
Base: $8K
Annual Total
$4K
Insurance + fuel + maintenance
Import Duty
$8K
100% of base price
VAT
$4K
28% applied
Annual Insurance
$350
Avg for this country
5-Year Total
$41K
Purchase + 5yr running costs
2024 Renault Kwid — Full Cost Breakdown in India
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $8K |
| Import Duty (100%) | $8K |
| VAT / Sales Tax (28%) | $4K |
| Total Purchase Price | $20K |
| Annual Insurance | $350 |
| Annual Fuel Cost | $945 |
| Annual Maintenance | $225 |
| Annual Depreciation | $2K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $4K |
| 5-Year Total Cost of Ownership | $41K |
| Cost Per Kilometer | $0.268 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Renault Kwid Fuel Cost Calculator — India
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$945
USD equivalent
Monthly Fuel Cost
$79
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$6.30
6L × ₹1.05
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 India
How does the Renault Kwid compare to similar cars available in India?
Renault
Kwid
Base Price
$8K
Annual Cost in India
$4K
Toyota
Yaris
Base Price
$22K
Annual Cost in India
$4K
Honda
Fit
Base Price
$21K
Annual Cost in India
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in India
$4K
Annual costs estimated for India market. Import duty (100%) and VAT (28%) applied to all models.
🇮🇳 Owning a Car in India
Cheapest country to own a car overall.
Very Expensive for India
Annual car costs = 183% of average India income ($2K/yr)
Average Annual Income
$2K
In India
Fuel Price
₹1.05/L
Gasoline dominant
Avg Car Insurance
$350
Per year
Import Duty
100%
On vehicle value
VAT / Sales Tax
28%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in India
Renault Kwid in India — Frequently Asked Questions
Common questions about owning a Renault Kwid in India.
The 2024 Renault Kwid has a base price of $8,000 USD. In India, after 100% import duty and 28% VAT, the total purchase price is approximately $20,480 USD (₹20,480 INR).