2024 Volvo XC60True Cost of Ownership in Israel
247 hp turbocharged inline-4. Full cost breakdown including import duty (83%), VAT (17%), insurance, fuel at ₪2/L, maintenance, and depreciation.
Purchase Price
$107K
Base: $50K
Annual Total
$20K
Insurance + fuel + maintenance
Import Duty
$42K
83% of base price
VAT
$16K
17% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$205K
Purchase + 5yr running costs
2024 Volvo XC60 — Full Cost Breakdown in Israel
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $50K |
| Import Duty (83%) | $42K |
| VAT / Sales Tax (17%) | $16K |
| Total Purchase Price | $107K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $3K |
| Annual Depreciation | $10K |
| Registration & Road Tax | $2K |
| Total Annual Running Cost | $20K |
| 5-Year Total Cost of Ownership | $205K |
| Cost Per Kilometer | $1.307 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Volvo XC60 Fuel Cost Calculator — Israel
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,300
USD equivalent
Monthly Fuel Cost
$275
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$22.00
11L × ₪2.00
Volvo XC60 Depreciation Curve
The Volvo XC60 loses approximately $25K (49%) of its value over 5 years.
Year-by-Year Value
| New | $50K | 100% |
| Year 1 | $40K | 80% |
| Year 2 | $35K | 70% |
| Year 3 | $31K | 62% |
| Year 4 | $28K | 56% |
| Year 5 | $26K | 51% |
Depreciation based on suv segment averages.
Volvo XC60 vs. Competitors in Israel
How does the Volvo XC60 compare to similar cars available in Israel?
Volvo
XC60
Base Price
$50K
Annual Cost in Israel
$20K
Toyota
RAV4
Base Price
$32K
Annual Cost in Israel
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Israel
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Israel
$7K
Annual costs estimated for Israel market. Import duty (83%) and VAT (17%) applied to all models.
🇮🇱 Owning a Car in Israel
Very high import taxes on all vehicles.
Expensive for Israel
Annual car costs = 52% of average Israel income ($38K/yr)
Average Annual Income
$38K
In Israel
Fuel Price
₪2.00/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
83%
On vehicle value
VAT / Sales Tax
17%
Applied at purchase
Driving Side
Right-hand
Middle East
Popular Car Brands in Israel
Volvo XC60 in Israel — Frequently Asked Questions
Common questions about owning a Volvo XC60 in Israel.
The 2024 Volvo XC60 has a base price of $50,000 USD. In Israel, after 83% import duty and 17% VAT, the total purchase price is approximately $107,055 USD (₪107,055 ILS).