2024 Toyota Kijang InnovaTrue Cost of Ownership in Mexico
166 hp turbocharged diesel inline-4, popular MPV. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at $0.8/L, maintenance, and depreciation.
Purchase Price
$35K
Base: $25K
Annual Total
$8K
Insurance + fuel + maintenance
Import Duty
$5K
20% of base price
VAT
$5K
16% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$74K
Purchase + 5yr running costs
2024 Toyota Kijang Innova — Full Cost Breakdown in Mexico
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $25K |
| Import Duty (20%) | $5K |
| VAT / Sales Tax (16%) | $5K |
| Total Purchase Price | $35K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $720 |
| Annual Maintenance | $675 |
| Annual Depreciation | $5K |
| Registration & Road Tax | $450 |
| Total Annual Running Cost | $8K |
| 5-Year Total Cost of Ownership | $74K |
| 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 — Mexico
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$720
USD equivalent
Monthly Fuel Cost
$60
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$4.80
6L × $0.80
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 Mexico
How does the Toyota Kijang Innova compare to similar cars available in Mexico?
Toyota
Kijang Innova
Base Price
$25K
Annual Cost in Mexico
$8K
Toyota
Yaris
Base Price
$22K
Annual Cost in Mexico
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Mexico
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Mexico
$4K
Annual costs estimated for Mexico market. Import duty (20%) and VAT (16%) applied to all models.
🇲🇽 Owning a Car in Mexico
Low insurance costs, moderate fuel.
Very Expensive for Mexico
Annual car costs = 79% of average Mexico income ($10K/yr)
Average Annual Income
$10K
In Mexico
Fuel Price
$0.80/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
20%
On vehicle value
VAT / Sales Tax
16%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in Mexico
Toyota Kijang Innova in Mexico — Frequently Asked Questions
Common questions about owning a Toyota Kijang Innova in Mexico.
The 2024 Toyota Kijang Innova has a base price of $25,000 USD. In Mexico, after 20% import duty and 16% VAT, the total purchase price is approximately $34,800 USD ($34,800 MXN).