2024 Toyota VenzaTrue Cost of Ownership in Canada
219 hp hybrid. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.
Purchase Price
$42K
Base: $38K
Annual Total
$15K
Insurance + fuel + maintenance
Import Duty
$2K
6.1% of base price
VAT
$2K
5% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$118K
Purchase + 5yr running costs
2024 Toyota Venza — Full Cost Breakdown in Canada
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $38K |
| Import Duty (6.1%) | $2K |
| VAT / Sales Tax (5%) | $2K |
| Total Purchase Price | $42K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $3K |
| Annual Depreciation | $8K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $15K |
| 5-Year Total Cost of Ownership | $118K |
| Cost Per Kilometer | $1.014 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Toyota Venza Fuel Cost Calculator — Canada
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,980
USD equivalent
Monthly Fuel Cost
$165
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$13.20
11L × C$1.20
Toyota Venza Depreciation Curve
The Toyota Venza loses approximately $19K (49%) of its value over 5 years.
Year-by-Year Value
| New | $38K | 100% |
| Year 1 | $30K | 80% |
| Year 2 | $27K | 70% |
| Year 3 | $24K | 62% |
| Year 4 | $21K | 56% |
| Year 5 | $19K | 51% |
Depreciation based on suv segment averages.
Toyota Venza vs. Competitors in Canada
How does the Toyota Venza compare to similar cars available in Canada?
Toyota
Venza
Base Price
$38K
Annual Cost in Canada
$15K
Toyota
RAV4
Base Price
$32K
Annual Cost in Canada
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Canada
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Canada
$7K
Annual costs estimated for Canada market. Import duty (6.1%) and VAT (5%) applied to all models.
🇨🇦 Owning a Car in Canada
Insurance varies hugely by province.
Moderate for Canada
Annual car costs = 32% of average Canada income ($48K/yr)
Average Annual Income
$48K
In Canada
Fuel Price
C$1.20/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
6.1%
On vehicle value
VAT / Sales Tax
5%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in Canada
Toyota Venza in Canada — Frequently Asked Questions
Common questions about owning a Toyota Venza in Canada.
The 2024 Toyota Venza has a base price of $38,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $42,334 USD (C$42,334 CAD).