Hyundai Grandeur 2017 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩29,594,356
Monthly average ₩493,239|Cost per km ₩395/km| Depreciation | ₩7,797,000 | 26% |
|---|---|---|
| Fuel | ₩10,576,923 | 36% |
| Insurance | ₩5,500,000 | 19% |
| Vehicle tax | ₩1,720,433 | 6% |
| Maintenance | ₩4,000,000 | 14% |
| Total | ₩29,594,356 |
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 | ₩1,017,000 | ₩2,115,385 | ₩1,100,000 | ₩389,532 | ₩800,000 | ₩5,421,917 |
| 2 | ₩1,695,000 | ₩2,115,385 | ₩1,100,000 | ₩357,071 | ₩800,000 | ₩11,489,372 |
| 3 | ₩1,695,000 | ₩2,115,385 | ₩1,100,000 | ₩324,610 | ₩800,000 | ₩17,524,367 |
| 4 | ₩1,695,000 | ₩2,115,385 | ₩1,100,000 | ₩324,610 | ₩800,000 | ₩23,559,361 |
| 5 | ₩1,695,000 | ₩2,115,385 | ₩1,100,000 | ₩324,610 | ₩800,000 | ₩29,594,356 |
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.