Hyundai Avante Hybrid 2024 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩24,216,059
Monthly average ₩403,601|Cost per km ₩323/km| Depreciation | ₩8,029,000 | 33% |
|---|---|---|
| Fuel | ₩5,864,929 | 24% |
| Insurance | ₩5,500,000 | 23% |
| Vehicle tax | ₩1,222,130 | 5% |
| Maintenance | ₩3,600,000 | 15% |
| Total | ₩24,216,059 |
Vehicle tax: engine-based rates with age reduction (flat rate for EVs) · Insurance uses a reference range by age band, not a quote
Cumulative cost by year
View data table
| Year | Depreciation | Fuel | Insurance | Vehicle tax | Maintenance | Total |
|---|---|---|---|---|---|---|
| 1 | ₩2,072,000 | ₩1,172,986 | ₩1,100,000 | ₩273,182 | ₩550,000 | ₩5,168,168 |
| 2 | ₩1,813,000 | ₩1,172,986 | ₩1,100,000 | ₩258,804 | ₩650,000 | ₩10,162,958 |
| 3 | ₩1,554,000 | ₩1,172,986 | ₩1,100,000 | ₩244,426 | ₩800,000 | ₩15,034,369 |
| 4 | ₩1,295,000 | ₩1,172,986 | ₩1,100,000 | ₩230,048 | ₩800,000 | ₩19,632,403 |
| 5 | ₩1,295,000 | ₩1,172,986 | ₩1,100,000 | ₩215,670 | ₩800,000 | ₩24,216,059 |
The results are estimates based on public statistics and may differ from actual transaction prices and real costs. See how we calculate
Frequently asked questions
Q.What is included in the 5-year TCO?
Depreciation, fuel or charging, insurance reference cost, vehicle tax with age reduction, and maintenance by cost grade.
Q.How is Korean vehicle tax calculated?
Engine size × rate (80/140/200 KRW per cc) plus 30% education tax, reduced 5% yearly from year 3 up to 50%. EVs pay a flat amount.
Q.Why show cost per km?
Cost per km makes cars of different classes comparable and shows what each kilometer actually costs you.