Genesis G70 2018 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩32,407,965
Monthly average ₩540,133|Cost per km ₩432/km| Depreciation | ₩8,888,000 | 27% |
|---|---|---|
| Fuel | ₩11,565,421 | 36% |
| Insurance | ₩5,500,000 | 17% |
| Vehicle tax | ₩1,454,544 | 4% |
| Maintenance | ₩5,000,000 | 15% |
| Total | ₩32,407,965 |
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 | ₩1,616,000 | ₩2,313,084 | ₩1,100,000 | ₩337,662 | ₩1,000,000 | ₩6,366,746 |
| 2 | ₩1,212,000 | ₩2,313,084 | ₩1,100,000 | ₩311,688 | ₩1,000,000 | ₩12,303,518 |
| 3 | ₩2,020,000 | ₩2,313,084 | ₩1,100,000 | ₩285,714 | ₩1,000,000 | ₩19,022,316 |
| 4 | ₩2,020,000 | ₩2,313,084 | ₩1,100,000 | ₩259,740 | ₩1,000,000 | ₩25,715,140 |
| 5 | ₩2,020,000 | ₩2,313,084 | ₩1,100,000 | ₩259,740 | ₩1,000,000 | ₩32,407,965 |
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.