Cost of Buying a Car in Cyprus
New and used car prices, registration costs, and ownership budget.
Updated April 2026
You need a car in Cyprus. Used cars are abundant and affordable. New cars cost more than most EU countries due to excise duty.
Car Prices
Used (5-10yr, small)€4,000 – €8,000
Used (3-5yr, mid)€10,000 – €18,000
New small (Yaris, Polo)€16,000 – €22,000
New mid (Corolla, Golf)€24,000 – €35,000
New SUV€32,000 – €50,000
Additional Costs
| Item | Cost |
|---|---|
| Registration/transfer | €100 – €300 |
| Road tax (annual) | €10 – €400/yr |
| MOT (annual) | €30 – €40 |
| Insurance (3rd party) | €150 – €300/yr |
From a local: Buy used from Bazaraki.com. Japanese imports (Toyota, Nissan, Honda) are best value. A 5-year-old Toyota Yaris for €6,000-8,000 is the sweet spot.