2024 Toyota Kijang InnovaTrue Cost of Ownership in Colombia
166 hp turbocharged diesel inline-4, popular MPV. Full cost breakdown including import duty (35%), VAT (19%), insurance, fuel at $0.85/L, maintenance, and depreciation.
Purchase Price
$40K
Base: $25K
Annual Total
$8K
Insurance + fuel + maintenance
Import Duty
$9K
35% of base price
VAT
$6K
19% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$80K
Purchase + 5yr running costs
2024 Toyota Kijang Innova — Full Cost Breakdown in Colombia
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $25K |
| Import Duty (35%) | $9K |
| VAT / Sales Tax (19%) | $6K |
| Total Purchase Price | $40K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $765 |
| Annual Maintenance | $675 |
| Annual Depreciation | $5K |
| Registration & Road Tax | $400 |
| Total Annual Running Cost | $8K |
| 5-Year Total Cost of Ownership | $80K |
| Cost Per Kilometer | $0.526 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Toyota Kijang Innova Fuel Cost Calculator — Colombia
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$765
USD equivalent
Monthly Fuel Cost
$64
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$5.10
6L × $0.85
Toyota Kijang Innova Depreciation Curve
The Toyota Kijang Innova loses approximately $12K (49%) of its value over 5 years.
Year-by-Year Value
| New | $25K | 100% |
| Year 1 | $20K | 80% |
| Year 2 | $18K | 70% |
| Year 3 | $16K | 62% |
| Year 4 | $14K | 56% |
| Year 5 | $13K | 51% |
Depreciation based on economy segment averages.
Toyota Kijang Innova vs. Competitors in Colombia
How does the Toyota Kijang Innova compare to similar cars available in Colombia?
Toyota
Kijang Innova
Base Price
$25K
Annual Cost in Colombia
$8K
Toyota
Yaris
Base Price
$22K
Annual Cost in Colombia
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Colombia
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Colombia
$4K
Annual costs estimated for Colombia market. Import duty (35%) and VAT (19%) applied to all models.
🇨🇴 Owning a Car in Colombia
High import taxes on foreign vehicles.
Very Expensive for Colombia
Annual car costs = 113% of average Colombia income ($7K/yr)
Average Annual Income
$7K
In Colombia
Fuel Price
$0.85/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
35%
On vehicle value
VAT / Sales Tax
19%
Applied at purchase
Driving Side
Right-hand
South America
Popular Car Brands in Colombia
Toyota Kijang Innova in Colombia — Frequently Asked Questions
Common questions about owning a Toyota Kijang Innova in Colombia.
The 2024 Toyota Kijang Innova has a base price of $25,000 USD. In Colombia, after 35% import duty and 19% VAT, the total purchase price is approximately $40,163 USD ($40,163 COP).