🇬🇷Greece · economy

2023 Volkswagen Up!True Cost of Ownership in Greece

65 hp inline-3. Full cost breakdown including import duty (10%), VAT (24%), insurance, fuel at 1.8/L, maintenance, and depreciation.

Annual cost =37%of avg Greece income

Purchase Price

$19K

Base: $14K

Annual Total

$7K

Insurance + fuel + maintenance

Import Duty

$1K

10% of base price

VAT

$4K

24% applied

Annual Insurance

$1K

Avg for this country

5-Year Total

$56K

Purchase + 5yr running costs

2023 Volkswagen Up! — Full Cost Breakdown in Greece

Every cost component from purchase to 5-year ownership. All figures in USD equivalent.

Cost ComponentAmount (USD)
Base Price (MSRP)$14K
Import Duty (10%)$1K
VAT / Sales Tax (24%)$4K
Total Purchase Price$19K
Annual Insurance$1K
Annual Fuel Cost$2K
Annual Maintenance$836
Annual Depreciation$3K
Registration & Road Tax$900
Total Annual Running Cost$7K
5-Year Total Cost of Ownership$56K
Cost Per Kilometer$0.497

For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.

Volkswagen Up! Fuel Cost Calculator — Greece

Adjust your annual mileage and local fuel price to calculate your exact fuel costs.

Adjust Your Usage

15,000 km
5,000 km50,000 km
1.80
0.01Current: 1.803.50
Fuel efficiency: 6L per 100km (typical for economy segment)

Annual Fuel Cost

$1,620

USD equivalent

Monthly Fuel Cost

$135

Per month average

Annual Liters Used

900L

At 15,000 km/yr

Cost per 100km

$10.80

6L × €1.80

Volkswagen Up! Depreciation Curve

The Volkswagen Up! loses approximately $7K (49%) of its value over 5 years.

Year-by-Year Value

New$14K100%
Year 1$11K80%
Year 2$10K70%
Year 3$9K62%
Year 4$8K56%
Year 5$7K51%

Depreciation based on economy segment averages.

Volkswagen Up! vs. Competitors in Greece

How does the Volkswagen Up! compare to similar cars available in Greece?

★ This Car

Volkswagen

Up!

Base Price

$14K

Annual Cost in Greece

$7K

65 hp inline-3

Toyota

Yaris

Base Price

$22K

Annual Cost in Greece

$4K

Best reliability, lowest maintenance

Honda

Fit

Base Price

$21K

Annual Cost in Greece

$4K

Excellent fuel economy, spacious interior

Hyundai

i20

Base Price

$20K

Annual Cost in Greece

$4K

Long warranty, good value features

Annual costs estimated for Greece market. Import duty (10%) and VAT (24%) applied to all models.

🇬🇷 Owning a Car in Greece

Telos Taximologisis registration tax.

⚠️

Moderate for Greece

Annual car costs = 37% of average Greece income ($20K/yr)

💰

Average Annual Income

$20K

In Greece

Fuel Price

€1.80/L

Gasoline dominant

🛡️

Avg Car Insurance

$1K

Per year

📋

Import Duty

10%

On vehicle value

🏛️

VAT / Sales Tax

24%

Applied at purchase

🚗

Driving Side

Right-hand

Europe

Popular Car Brands in Greece

VolkswagenToyotaFiat

Volkswagen Up! in Greece — Frequently Asked Questions

Common questions about owning a Volkswagen Up! in Greece.

The 2023 Volkswagen Up! has a base price of $14,000 USD. In Greece, after 10% import duty and 24% VAT, the total purchase price is approximately $19,096 USD (€19,096 EUR).