Hyundai Grandeur Hybrid 2022 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩27,888,815
Monthly average ₩464,814|Cost per km ₩372/km| Depreciation | ₩9,888,000 | 35% |
|---|---|---|
| Fuel | ₩7,410,180 | 27% |
| Insurance | ₩5,500,000 | 20% |
| Vehicle tax | ₩1,090,635 | 4% |
| Maintenance | ₩4,000,000 | 14% |
| Total | ₩27,888,815 |
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 | ₩2,472,000 | ₩1,482,036 | ₩1,100,000 | ₩247,211 | ₩800,000 | ₩6,101,247 |
| 2 | ₩2,060,000 | ₩1,482,036 | ₩1,100,000 | ₩232,669 | ₩800,000 | ₩11,775,952 |
| 3 | ₩2,060,000 | ₩1,482,036 | ₩1,100,000 | ₩218,127 | ₩800,000 | ₩17,436,115 |
| 4 | ₩1,648,000 | ₩1,482,036 | ₩1,100,000 | ₩203,585 | ₩800,000 | ₩22,669,736 |
| 5 | ₩1,648,000 | ₩1,482,036 | ₩1,100,000 | ₩189,043 | ₩800,000 | ₩27,888,815 |
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.