Hyundai Grandeur LPG 2024 5-year cost to own
Estimated from segment averageBased on South Korea regulations
Assumptions
5-year total cost
₩33,013,741
Monthly average ₩550,229|Cost per km ₩440/km| Depreciation | ₩11,946,000 | 36% |
|---|---|---|
| Fuel | ₩8,653,846 | 26% |
| Insurance | ₩5,500,000 | 17% |
| Vehicle tax | ₩3,313,895 | 10% |
| Maintenance | ₩3,600,000 | 11% |
| Total | ₩33,013,741 |
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 | ₩3,258,000 | ₩1,730,769 | ₩1,100,000 | ₩740,753 | ₩550,000 | ₩7,379,522 |
| 2 | ₩2,896,000 | ₩1,730,769 | ₩1,100,000 | ₩701,766 | ₩650,000 | ₩14,458,057 |
| 3 | ₩2,172,000 | ₩1,730,769 | ₩1,100,000 | ₩662,779 | ₩800,000 | ₩20,923,606 |
| 4 | ₩1,810,000 | ₩1,730,769 | ₩1,100,000 | ₩623,792 | ₩800,000 | ₩26,988,167 |
| 5 | ₩1,810,000 | ₩1,730,769 | ₩1,100,000 | ₩584,805 | ₩800,000 | ₩33,013,741 |
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.