2022 Ultima EvolutionTrue Cost of Ownership in South Africa
1,020 hp, kit car. Full cost breakdown including import duty (25%), VAT (15%), insurance, fuel at R1.15/L, maintenance, and depreciation.
Purchase Price
$316K
Base: $220K
Annual Total
$65K
Insurance + fuel + maintenance
Import Duty
$55K
25% of base price
VAT
$41K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$644K
Purchase + 5yr running costs
2022 Ultima Evolution — Full Cost Breakdown in South Africa
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $220K |
| Import Duty (25%) | $55K |
| VAT / Sales Tax (15%) | $41K |
| Total Purchase Price | $316K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $4K |
| Annual Maintenance | $27K |
| Annual Depreciation | $33K |
| Registration & Road Tax | $400 |
| Total Annual Running Cost | $65K |
| 5-Year Total Cost of Ownership | $644K |
| Cost Per Kilometer | $4.365 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ultima Evolution Fuel Cost Calculator — South Africa
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,795
USD equivalent
Monthly Fuel Cost
$316
Per month average
Annual Liters Used
3,300L
At 15,000 km/yr
Cost per 100km
$25.30
22L × R1.15
Ultima Evolution Depreciation Curve
The Ultima Evolution loses approximately $77K (35%) of its value over 5 years.
Year-by-Year Value
| New | $220K | 100% |
| Year 1 | $187K | 85% |
| Year 2 | $172K | 78% |
| Year 3 | $158K | 72% |
| Year 4 | $150K | 68% |
| Year 5 | $143K | 65% |
Depreciation based on hypercar segment averages.
Ultima Evolution vs. Competitors in South Africa
How does the Ultima Evolution compare to similar cars available in South Africa?
Ultima
Evolution
Base Price
$220K
Annual Cost in South Africa
$65K
Bugatti
Chiron
Base Price
$3.0M
Annual Cost in South Africa
$350K
Koenigsegg
Jesko
Base Price
$3.0M
Annual Cost in South Africa
$320K
Pagani
Huayra
Base Price
$1.4M
Annual Cost in South Africa
$180K
Annual costs estimated for South Africa market. Import duty (25%) and VAT (15%) applied to all models.
🇿🇦 Owning a Car in South Africa
High import duties on most vehicles.
Very Expensive for South Africa
Annual car costs = 935% of average South Africa income ($7K/yr)
Average Annual Income
$7K
In South Africa
Fuel Price
R1.15/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
25%
On vehicle value
VAT / Sales Tax
15%
Applied at purchase
Driving Side
Left-hand
Africa
Popular Car Brands in South Africa
Ultima Evolution in South Africa — Frequently Asked Questions
Common questions about owning a Ultima Evolution in South Africa.
The 2022 Ultima Evolution has a base price of $220,000 USD. In South Africa, after 25% import duty and 15% VAT, the total purchase price is approximately $316,250 USD (R316,250 ZAR).