2024 BMW i5 M60True Cost of Ownership in Turkey
590 hp all-electric. Full cost breakdown including import duty (80%), VAT (20%), insurance, fuel at ₺2.35/L, maintenance, and depreciation.
Purchase Price
$190K
Base: $88K
Annual Total
$31K
Insurance + fuel + maintenance
Import Duty
$70K
80% of base price
VAT
$32K
20% applied
Annual Insurance
$980
Avg for this country
5-Year Total
$347K
Purchase + 5yr running costs
2024 BMW i5 M60 — Full Cost Breakdown in Turkey
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $88K |
| Import Duty (80%) | $70K |
| VAT / Sales Tax (20%) | $32K |
| Total Purchase Price | $190K |
| Annual Insurance | $980 |
| Annual Fuel Cost | $4K |
| Annual Maintenance | $3K |
| Annual Depreciation | $22K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $31K |
| 5-Year Total Cost of Ownership | $347K |
| Cost Per Kilometer | $2.099 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
BMW i5 M60 Fuel Cost Calculator — Turkey
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$4,230
USD equivalent
Monthly Fuel Cost
$353
Per month average
Annual Liters Used
1,800L
At 15,000 km/yr
Cost per 100km
$28.20
12L × ₺2.35
BMW i5 M60 Depreciation Curve
The BMW i5 M60 loses approximately $48K (54%) of its value over 5 years.
Year-by-Year Value
| New | $88K | 100% |
| Year 1 | $66K | 75% |
| Year 2 | $57K | 65% |
| Year 3 | $50K | 57% |
| Year 4 | $45K | 51% |
| Year 5 | $40K | 46% |
Depreciation based on luxury segment averages.
BMW i5 M60 vs. Competitors in Turkey
How does the BMW i5 M60 compare to similar cars available in Turkey?
BMW
i5 M60
Base Price
$88K
Annual Cost in Turkey
$31K
BMW
3 Series
Base Price
$45K
Annual Cost in Turkey
$12K
Mercedes-Benz
C-Class
Base Price
$47K
Annual Cost in Turkey
$13K
Audi
A4
Base Price
$44K
Annual Cost in Turkey
$12K
Annual costs estimated for Turkey market. Import duty (80%) and VAT (20%) applied to all models.
🇹🇷 Owning a Car in Turkey
Among highest car taxes in the world.
Very Expensive for Turkey
Annual car costs = 242% of average Turkey income ($13K/yr)
Average Annual Income
$13K
In Turkey
Fuel Price
₺2.35/L
Gasoline dominant
Avg Car Insurance
$980
Per year
Import Duty
80%
On vehicle value
VAT / Sales Tax
20%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Turkey
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BMW i5 M60 in Turkey — Frequently Asked Questions
Common questions about owning a BMW i5 M60 in Turkey.
The 2024 BMW i5 M60 has a base price of $88,000 USD. In Turkey, after 80% import duty and 20% VAT, the total purchase price is approximately $190,080 USD (₺190,080 TRY).