Hyundai Grandeur LPG 2020 5-year cost to own
Estimated from segment averageBased on South Korea regulations
Assumptions
5-year total cost
₩27,807,001
Monthly average ₩463,450|Cost per km ₩371/km| Depreciation | ₩7,119,000 | 26% |
|---|---|---|
| Fuel | ₩8,653,846 | 31% |
| Insurance | ₩5,500,000 | 20% |
| Vehicle tax | ₩2,534,155 | 9% |
| Maintenance | ₩4,000,000 | 14% |
| Total | ₩27,807,001 |
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 | ₩1,695,000 | ₩1,730,769 | ₩1,100,000 | ₩584,805 | ₩800,000 | ₩5,910,574 |
| 2 | ₩1,356,000 | ₩1,730,769 | ₩1,100,000 | ₩545,818 | ₩800,000 | ₩11,443,161 |
| 3 | ₩1,356,000 | ₩1,730,769 | ₩1,100,000 | ₩506,831 | ₩800,000 | ₩16,936,762 |
| 4 | ₩1,017,000 | ₩1,730,769 | ₩1,100,000 | ₩467,844 | ₩800,000 | ₩22,052,375 |
| 5 | ₩1,695,000 | ₩1,730,769 | ₩1,100,000 | ₩428,857 | ₩800,000 | ₩27,807,001 |
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.