2024 Wuling Hongguang Mini EVTrue Cost of Ownership in Portugal
27 hp all-electric. Full cost breakdown including import duty (10%), VAT (23%), insurance, fuel at €1.75/L, maintenance, and depreciation.
Purchase Price
$7K
Base: $5K
Annual Total
$6K
Insurance + fuel + maintenance
Import Duty
$500
10% of base price
VAT
$1K
23% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$34K
Purchase + 5yr running costs
2024 Wuling Hongguang Mini EV — 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) | $5K |
| Import Duty (10%) | $500 |
| VAT / Sales Tax (23%) | $1K |
| Total Purchase Price | $7K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $900 |
| Annual Depreciation | $1K |
| Registration & Road Tax | $650 |
| Total Annual Running Cost | $6K |
| 5-Year Total Cost of Ownership | $34K |
| Cost Per Kilometer | $0.368 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Wuling Hongguang Mini EV Fuel Cost Calculator — Portugal
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,575
USD equivalent
Monthly Fuel Cost
$131
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$10.50
6L × €1.75
Wuling Hongguang Mini EV Depreciation Curve
The Wuling Hongguang Mini EV loses approximately $2K (49%) of its value over 5 years.
Year-by-Year Value
| New | $5K | 100% |
| Year 1 | $4K | 80% |
| Year 2 | $4K | 70% |
| Year 3 | $3K | 62% |
| Year 4 | $3K | 56% |
| Year 5 | $3K | 51% |
Depreciation based on economy segment averages.
Wuling Hongguang Mini EV vs. Competitors in Portugal
How does the Wuling Hongguang Mini EV compare to similar cars available in Portugal?
Wuling
Hongguang Mini EV
Base Price
$5K
Annual Cost in Portugal
$6K
Toyota
Yaris
Base Price
$22K
Annual Cost in Portugal
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Portugal
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Portugal
$4K
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.
Moderate for Portugal
Annual car costs = 23% 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
Wuling Hongguang Mini EV in Portugal — Frequently Asked Questions
Common questions about owning a Wuling Hongguang Mini EV in Portugal.
The 2024 Wuling Hongguang Mini EV has a base price of $5,000 USD. In Portugal, after 10% import duty and 23% VAT, the total purchase price is approximately $6,765 USD (€6,765 EUR).
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