2026 Wuling Hongguang Mini EVTrue Cost of Ownership in Brazil
27 hp all-electric, world's cheapest EV, 2026 model. Full cost breakdown including import duty (35%), VAT (12%), insurance, fuel at R$1.1/L, maintenance, and depreciation.
Purchase Price
$10K
Base: $7K
Annual Total
$8K
Insurance + fuel + maintenance
Import Duty
$2K
35% of base price
VAT
$1K
12% applied
Annual Insurance
$3K
Avg for this country
5-Year Total
$49K
Purchase + 5yr running costs
2026 Wuling Hongguang Mini EV — Full Cost Breakdown in Brazil
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $7K |
| Import Duty (35%) | $2K |
| VAT / Sales Tax (12%) | $1K |
| Total Purchase Price | $10K |
| Annual Insurance | $3K |
| Annual Fuel Cost | $990 |
| Annual Maintenance | $2K |
| Annual Depreciation | $1K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $8K |
| 5-Year Total Cost of Ownership | $49K |
| Cost Per Kilometer | $0.522 |
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 — Brazil
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$990
USD equivalent
Monthly Fuel Cost
$83
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$6.60
6L × R$1.10
Wuling Hongguang Mini EV Depreciation Curve
The Wuling Hongguang Mini EV loses approximately $3K (49%) of its value over 5 years.
Year-by-Year Value
| New | $7K | 100% |
| Year 1 | $5K | 80% |
| Year 2 | $5K | 70% |
| Year 3 | $4K | 62% |
| Year 4 | $4K | 56% |
| Year 5 | $3K | 51% |
Depreciation based on economy segment averages.
Wuling Hongguang Mini EV vs. Competitors in Brazil
How does the Wuling Hongguang Mini EV compare to similar cars available in Brazil?
Wuling
Hongguang Mini EV
Base Price
$7K
Annual Cost in Brazil
$8K
Toyota
Yaris
Base Price
$22K
Annual Cost in Brazil
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Brazil
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Brazil
$4K
Annual costs estimated for Brazil market. Import duty (35%) and VAT (12%) applied to all models.
🇧🇷 Owning a Car in Brazil
High import taxes on foreign cars.
Very Expensive for Brazil
Annual car costs = 78% of average Brazil income ($10K/yr)
Average Annual Income
$10K
In Brazil
Fuel Price
R$1.10/L
Mixed dominant
Avg Car Insurance
$3K
Per year
Import Duty
35%
On vehicle value
VAT / Sales Tax
12%
Applied at purchase
Driving Side
Right-hand
South America
Popular Car Brands in Brazil
Wuling Hongguang Mini EV in Brazil — Frequently Asked Questions
Common questions about owning a Wuling Hongguang Mini EV in Brazil.
The 2026 Wuling Hongguang Mini EV has a base price of $6,500 USD. In Brazil, after 35% import duty and 12% VAT, the total purchase price is approximately $9,828 USD (R$9,828 BRL).
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