2024 Honda Civic Cost in New Mexico
Complete cost breakdown including taxes, insurance, fuel, and maintenance
Total 5-Year Cost
$42,277
Monthly Equivalent
$705
Sales Tax
7.57%
Annual Insurance
$1,444
Complete Cost Breakdown
Total Cost of Ownership
$42,277
Over 5 years in New Mexico
Monthly Equivalent
$705/mo
12,000 miles/year
Purchase Price
$24,650
Sales Tax
$1,866
7.57% in New Mexico
Registration
$400
5 years
Insurance
$7,220
$1,444/year
Fuel
$6,085
$1,217/year
Maintenance
$2,056
$411/year avg
Estimated Depreciation
$12,818
Your 2024 Honda Civic will lose approximately $12,818 in value over 5 years
Vehicle Type
Sedan
Fuel Economy
35 MPG combined
Reliability Rating
4.5/5.0
New Mexico Vehicle Costs
Sales Tax Rate
7.57%
State: 4.875% + Local: 2.69%
Avg Insurance
$1,520
Ranked #33 of 50 states
Registration Fee
$80
Per year (average)
Gas Price
$3.55
Per gallon
Frequently Asked Questions
What is the total cost of owning a 2024 Honda Civic in New Mexico?
The total 5-year ownership cost is approximately $42,277, which includes the purchase price ($24,650), sales tax (7.57%), insurance (avg $1,520/year), fuel, maintenance, and registration fees.
How much is insurance for a Civic in New Mexico?
The average annual insurance cost in New Mexico is $1,520. For this Civic, the estimated annual insurance is $1,444, which may vary based on your driving record, age, and coverage level.
What are the registration fees in New Mexico?
In New Mexico, the average annual vehicle registration fee is $80. This may vary based on the vehicle's age, weight, and value.
Is a Civic expensive to maintain?
The 2024 Honda Civic has a 5-year maintenance cost of approximately $2,056, with a reliability rating of 4.5/5.0, making it very reliable.
Customize Your Calculation
Calculate Ownership Cost
MSRP: $24,650 • Sedan
Sales Tax: 7.57% • Insurance Avg: $1,520/yr
How long do you plan to own the vehicle?
Average: 12,000 miles/year