Genesis G90 2023 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩56,123,300
Monthly average ₩935,388|Cost per km ₩748/km| Depreciation | ₩26,152,000 | 47% |
|---|---|---|
| Fuel | ₩14,062,500 | 25% |
| Insurance | ₩5,500,000 | 10% |
| Vehicle tax | ₩3,608,800 | 6% |
| Maintenance | ₩6,800,000 | 12% |
| Total | ₩56,123,300 |
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 | ₩7,472,000 | ₩2,812,500 | ₩1,100,000 | ₩811,980 | ₩1,200,000 | ₩13,396,480 |
| 2 | ₩5,604,000 | ₩2,812,500 | ₩1,100,000 | ₩766,870 | ₩1,400,000 | ₩25,079,850 |
| 3 | ₩4,670,000 | ₩2,812,500 | ₩1,100,000 | ₩721,760 | ₩1,400,000 | ₩35,784,110 |
| 4 | ₩4,670,000 | ₩2,812,500 | ₩1,100,000 | ₩676,650 | ₩1,400,000 | ₩46,443,260 |
| 5 | ₩3,736,000 | ₩2,812,500 | ₩1,100,000 | ₩631,540 | ₩1,400,000 | ₩56,123,300 |
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.