๐Ÿ‡ป๐Ÿ‡ชVenezuela ยท economy

2024 Suzuki ErtigaTrue Cost of Ownership in Venezuela

105 hp inline-4, popular MPV. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at Bs0.01/L, maintenance, and depreciation.

Annual cost =214%of avg Venezuela income

Purchase Price

$25K

Base: $18K

Annual Total

$4K

Insurance + fuel + maintenance

Import Duty

$4K

20% of base price

VAT

$3K

16% applied

Annual Insurance

$100

Avg for this country

5-Year Total

$44K

Purchase + 5yr running costs

2024 Suzuki Ertiga โ€” Full Cost Breakdown in Venezuela

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

Cost ComponentAmount (USD)
Base Price (MSRP)$18K
Import Duty (20%)$4K
VAT / Sales Tax (16%)$3K
Total Purchase Price$25K
Annual Insurance$100
Annual Fuel Cost$9
Annual Maintenance$64
Annual Depreciation$4K
Registration & Road Tax$70
Total Annual Running Cost$4K
5-Year Total Cost of Ownership$44K
Cost Per Kilometer$0.256

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

Suzuki Ertiga Fuel Cost Calculator โ€” Venezuela

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
Bs0.01
Bs0.01Current: Bs0.01Bs3.50
Fuel efficiency: 6L per 100km (typical for economy segment)

Annual Fuel Cost

$9

USD equivalent

Monthly Fuel Cost

$1

Per month average

Annual Liters Used

900L

At 15,000 km/yr

Cost per 100km

$0.06

6L ร— Bs0.01

Suzuki Ertiga Depreciation Curve

The Suzuki Ertiga loses approximately $9K (49%) of its value over 5 years.

Year-by-Year Value

New$18K100%
Year 1$14K80%
Year 2$13K70%
Year 3$11K62%
Year 4$10K56%
Year 5$9K51%

Depreciation based on economy segment averages.

Suzuki Ertiga vs. Competitors in Venezuela

How does the Suzuki Ertiga compare to similar cars available in Venezuela?

โ˜… This Car

Suzuki

Ertiga

Base Price

$18K

Annual Cost in Venezuela

$4K

105 hp inline-4, popular MPV

Toyota

Yaris

Base Price

$22K

Annual Cost in Venezuela

$4K

Best reliability, lowest maintenance

Honda

Fit

Base Price

$21K

Annual Cost in Venezuela

$4K

Excellent fuel economy, spacious interior

Hyundai

i20

Base Price

$20K

Annual Cost in Venezuela

$4K

Long warranty, good value features

Annual costs estimated for Venezuela market. Import duty (20%) and VAT (16%) applied to all models.

๐Ÿ‡ป๐Ÿ‡ช Owning a Car in Venezuela

Near-free fuel but economic instability.

๐Ÿ”ด

Very Expensive for Venezuela

Annual car costs = 214% of average Venezuela income ($2K/yr)

๐Ÿ’ฐ

Average Annual Income

$2K

In Venezuela

โ›ฝ

Fuel Price

Bs0.01/L

Gasoline dominant

๐Ÿ›ก๏ธ

Avg Car Insurance

$100

Per year

๐Ÿ“‹

Import Duty

20%

On vehicle value

๐Ÿ›๏ธ

VAT / Sales Tax

16%

Applied at purchase

๐Ÿš—

Driving Side

Right-hand

South America

Popular Car Brands in Venezuela

ToyotaChevroletFord

Suzuki Ertiga in Venezuela โ€” Frequently Asked Questions

Common questions about owning a Suzuki Ertiga in Venezuela.

The 2024 Suzuki Ertiga has a base price of $18,000 USD. In Venezuela, after 20% import duty and 16% VAT, the total purchase price is approximately $25,056 USD (Bs25,056 VES).