2023 Volvo C40 RechargeTrue Cost of Ownership in Portugal
402 hp all-electric. Full cost breakdown including import duty (10%), VAT (23%), insurance, fuel at €1.75/L, maintenance, and depreciation.
Purchase Price
$78K
Base: $58K
Annual Total
$19K
Insurance + fuel + maintenance
Import Duty
$6K
10% of base price
VAT
$15K
23% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$176K
Purchase + 5yr running costs
2023 Volvo C40 Recharge — Full Cost Breakdown in Portugal
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $58K |
| Import Duty (10%) | $6K |
| VAT / Sales Tax (23%) | $15K |
| Total Purchase Price | $78K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $1K |
| Annual Depreciation | $16K |
| Registration & Road Tax | $650 |
| Total Annual Running Cost | $19K |
| 5-Year Total Cost of Ownership | $176K |
| Cost Per Kilometer | $1.299 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Volvo C40 Recharge Fuel Cost Calculator — Portugal
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
⚡ Electric Vehicle
The Volvo C40 Recharge runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Portugal.
$0 Fuel Cost
Electric vehicle — no gasoline required
Volvo C40 Recharge Depreciation Curve
The Volvo C40 Recharge loses approximately $33K (57%) of its value over 5 years.
Year-by-Year Value
| New | $58K | 100% |
| Year 1 | $42K | 72% |
| Year 2 | $36K | 62% |
| Year 3 | $31K | 54% |
| Year 4 | $28K | 48% |
| Year 5 | $25K | 43% |
Depreciation based on electric segment averages.
Volvo C40 Recharge vs. Competitors in Portugal
How does the Volvo C40 Recharge compare to similar cars available in Portugal?
Volvo
C40 Recharge
Base Price
$58K
Annual Cost in Portugal
$19K
Tesla
Model 3
Base Price
$42K
Annual Cost in Portugal
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in Portugal
$5K
BMW
i4
Base Price
$56K
Annual Cost in Portugal
$8K
Annual costs estimated for Portugal market. Import duty (10%) and VAT (23%) applied to all models.
🇵🇹 Owning a Car in Portugal
ISV vehicle tax based on engine size.
Very Expensive for Portugal
Annual car costs = 81% of average Portugal income ($24K/yr)
Average Annual Income
$24K
In Portugal
Fuel Price
€1.75/L
Diesel dominant
Avg Car Insurance
$1K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
23%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Portugal
Volvo C40 Recharge in Portugal — Frequently Asked Questions
Common questions about owning a Volvo C40 Recharge in Portugal.
The 2023 Volvo C40 Recharge has a base price of $58,000 USD. In Portugal, after 10% import duty and 23% VAT, the total purchase price is approximately $78,474 USD (€78,474 EUR).