Hyundai Grandeur LPG 2023 5-year cost to own
Estimated from segment averageBased on South Korea regulations
Assumptions
5-year total cost
₩31,090,806
Monthly average ₩518,180|Cost per km ₩415/km| Depreciation | ₩9,968,000 | 32% |
|---|---|---|
| Fuel | ₩8,653,846 | 28% |
| Insurance | ₩5,500,000 | 18% |
| Vehicle tax | ₩3,118,960 | 10% |
| Maintenance | ₩3,850,000 | 12% |
| Total | ₩31,090,806 |
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 | ₩2,848,000 | ₩1,730,769 | ₩1,100,000 | ₩701,766 | ₩650,000 | ₩7,030,535 |
| 2 | ₩2,136,000 | ₩1,730,769 | ₩1,100,000 | ₩662,779 | ₩800,000 | ₩13,460,083 |
| 3 | ₩1,780,000 | ₩1,730,769 | ₩1,100,000 | ₩623,792 | ₩800,000 | ₩19,494,645 |
| 4 | ₩1,780,000 | ₩1,730,769 | ₩1,100,000 | ₩584,805 | ₩800,000 | ₩25,490,219 |
| 5 | ₩1,424,000 | ₩1,730,769 | ₩1,100,000 | ₩545,818 | ₩800,000 | ₩31,090,806 |
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.