The Chery Tiggo 7 has become a popular choice for SUV buyers in Saudi Arabia, offering a blend of modern design, practicality, and affordability. As more drivers consider this mid-size SUV, it is important to understand the various costs associated with owning one in the Kingdom. From the purchase price to fuel consumption, insurance, maintenance, and depreciation, this guide will break down the cost of ownership of the Chery Tiggo 7 in KSA.

Purchase Price

The Chery Tiggo 7 is well-known for its affordability, offering a competitive price tag compared to other SUVs in its segment. In Saudi Arabia, the new car prices for the Chery Tiggo 7 typically range from SAR 75,725 to SAR 90,000, depending on the trim level and optional features.

There are generally two trims available for the Tiggo 7:

Comfort: The entry-level version, which includes essential features such as a touchscreen infotainment system, cruise control, rear parking sensors, and a reversing camera.

Luxury: This higher-end trim offers more premium features like leather seats, a panoramic sunroof, and additional safety technologies.

Fuel Costs

Fuel costs are a significant aspect of car ownership in KSA, especially for those who drive long distances. The Chery Tiggo 7 is equipped with a 1.5-litre turbocharged engine that delivers a fuel efficiency of around 7.0 litres per 100 kilometres, or approximately 14.3 kilometres per litre.

With fuel prices in Saudi Arabia typically hovering around SAR 2.18 per litre for 91-octane petrol, this translates to a relatively affordable driving experience. For a typical driver covering about 20,000 kilometres per year, the annual fuel cost would be around SAR 3,050. However, this can vary depending on driving habits and conditions.

Insurance Costs

Insurance is another key factor to consider when calculating the cost of ownership for any vehicle. For the Chery Tiggo 7, the cost of insurance will depend on factors such as the driver’s age, driving history, and the chosen coverage level.

In Saudi Arabia, comprehensive insurance for an SUV like the Chery Tiggo 7 typically ranges from SAR 2,000 to SAR 3,500 per year. Third-party insurance, which covers damage to other vehicles or property in the event of an accident, is less expensive but offers limited protection for the Tiggo 7 itself. Comprehensive insurance, on the other hand, provides broader coverage, including theft, fire, and accidental damage.

Maintenance and Servicing Costs

Regular maintenance is essential to keep the Chery Tiggo 7 running smoothly and to prolong its lifespan. In KSA, Chery offers a network of authorized service centers, and the Tiggo 7 comes with a warranty of 5 years or 150,000 kilometers, which provides peace of mind for new owners.

Annual servicing costs for the Chery Tiggo 7 are estimated to range from SAR 1,000 to SAR 1,500, depending on the type of service and the parts required. Routine maintenance includes oil changes, brake inspections, tire rotations, and air filter replacements, which are standard for all vehicles. Parts for the Chery Tiggo 7 are generally affordable compared to other brands, thanks to the growing availability of Chinese-manufactured components in KSA.

For major repairs, such as engine or transmission issues, costs can be higher, but these are covered under the vehicle’s warranty for the first five years. It’s important to follow the manufacturer’s recommended service intervals to ensure the vehicle remains in good condition and to avoid unexpected repair bills.

Depreciation

Depreciation is one of the most significant costs associated with owning any vehicle. The Chery Tiggo 7, like most vehicles, will lose value over time. While Chinese brands have historically depreciated faster than their Japanese or European counterparts, Chery is making strides in improving its brand perception and build quality, which has resulted in better resale values.

On average, the Chery Tiggo 7 is expected to depreciate by around 20-25 percent in its first year of ownership, with a gradual decline of 15-20 percent annually thereafter. After five years, the vehicle may retain 50-60 percent of its original value, depending on its condition, mileage, and demand in the used car market.

Total Annual Cost of Ownership

To summarize, here is a breakdown of the estimated annual costs of owning a Chery Tiggo 7 in KSA:

• Fuel costs: SAR 3,050
• Insurance: SAR 2,500 (average for comprehensive coverage)
• Maintenance: SAR 1,250
• Depreciation: SAR 15,000 (20% of a SAR 75,000 vehicle)

This brings the total estimated annual cost of owning a Chery Tiggo 7 in Saudi Arabia to around SAR 21,800, not including financing costs or unexpected repairs.

Is the Chery Tiggo 7 Worth It in KSA?

The Chery Tiggo 7 represents excellent value for money in the Saudi market. It offers a solid mix of features, comfort, and technology at a price point that undercut many of its competitors. For budget-conscious buyers, the relatively low purchase price, affordable fuel economy, and manageable maintenance costs make the Tiggo 7 a practical choice. Additionally, with its growing reputation and improved resale value, the Chery Tiggo 7 is becoming an attractive option for those seeking a stylish and reliable mid-size SUV without breaking the bank.

In conclusion, the Chery Tiggo 7 offers a compelling cost of ownership in KSA, making it an excellent option for families, professionals, and anyone in need of a capable, well-equipped SUV.