2024 Toyota HiluxTrue Cost of Ownership in India
204 hp turbocharged diesel, legendary pickup truck. Full cost breakdown including import duty (100%), VAT (28%), insurance, fuel at ₹1.05/L, maintenance, and depreciation.
Purchase Price
$82K
Base: $32K
Annual Total
$10K
Insurance + fuel + maintenance
Import Duty
$32K
100% of base price
VAT
$18K
28% applied
Annual Insurance
$350
Avg for this country
5-Year Total
$130K
Purchase + 5yr running costs
2024 Toyota Hilux — 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) | $32K |
| Import Duty (100%) | $32K |
| VAT / Sales Tax (28%) | $18K |
| Total Purchase Price | $82K |
| Annual Insurance | $350 |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $500 |
| Annual Depreciation | $6K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $10K |
| 5-Year Total Cost of Ownership | $130K |
| Cost Per Kilometer | $0.637 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Toyota Hilux Fuel Cost Calculator — India
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,048
USD equivalent
Monthly Fuel Cost
$171
Per month average
Annual Liters Used
1,950L
At 15,000 km/yr
Cost per 100km
$13.65
13L × ₹1.05
Toyota Hilux Depreciation Curve
The Toyota Hilux loses approximately $15K (46%) of its value over 5 years.
Year-by-Year Value
| New | $32K | 100% |
| Year 1 | $26K | 82% |
| Year 2 | $23K | 73% |
| Year 3 | $21K | 65% |
| Year 4 | $19K | 59% |
| Year 5 | $17K | 54% |
Depreciation based on truck segment averages.
Toyota Hilux vs. Competitors in India
How does the Toyota Hilux compare to similar cars available in India?
Toyota
Hilux
Base Price
$32K
Annual Cost in India
$10K
Ford
F-150
Base Price
$35K
Annual Cost in India
$9K
Chevrolet
Silverado
Base Price
$34K
Annual Cost in India
$8K
Toyota
Tacoma
Base Price
$30K
Annual Cost in India
$8K
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 = 434% 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
Toyota Hilux in India — Frequently Asked Questions
Common questions about owning a Toyota Hilux in India.
The 2024 Toyota Hilux has a base price of $32,000 USD. In India, after 100% import duty and 28% VAT, the total purchase price is approximately $81,920 USD (₹81,920 INR).