Hyundai Grandeur Hybrid 2019 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩26,014,688
Monthly average ₩433,578|Cost per km ₩347/km| Depreciation | ₩8,232,000 | 32% |
|---|---|---|
| Fuel | ₩7,410,180 | 28% |
| Insurance | ₩5,500,000 | 21% |
| Vehicle tax | ₩872,508 | 3% |
| Maintenance | ₩4,000,000 | 15% |
| Total | ₩26,014,688 |
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 | ₩1,568,000 | ₩1,482,036 | ₩1,100,000 | ₩203,585 | ₩800,000 | ₩5,153,621 |
| 2 | ₩1,568,000 | ₩1,482,036 | ₩1,100,000 | ₩189,043 | ₩800,000 | ₩10,292,700 |
| 3 | ₩1,176,000 | ₩1,482,036 | ₩1,100,000 | ₩174,502 | ₩800,000 | ₩15,025,238 |
| 4 | ₩1,960,000 | ₩1,482,036 | ₩1,100,000 | ₩159,960 | ₩800,000 | ₩20,527,234 |
| 5 | ₩1,960,000 | ₩1,482,036 | ₩1,100,000 | ₩145,418 | ₩800,000 | ₩26,014,688 |
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.