Hyundai Grandeur 2026 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩42,440,657
Monthly average ₩707,344|Cost per km ₩566/km| Depreciation | ₩20,462,400 | 48% |
|---|---|---|
| Fuel | ₩10,576,923 | 25% |
| Insurance | ₩5,500,000 | 13% |
| Vehicle tax | ₩3,051,334 | 7% |
| Maintenance | ₩2,850,000 | 7% |
| Total | ₩42,440,657 |
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 | ₩7,526,400 | ₩2,115,385 | ₩1,100,000 | ₩649,220 | ₩400,000 | ₩11,791,005 |
| 2 | ₩3,920,000 | ₩2,115,385 | ₩1,100,000 | ₩649,220 | ₩450,000 | ₩20,025,609 |
| 3 | ₩3,528,000 | ₩2,115,385 | ₩1,100,000 | ₩616,759 | ₩550,000 | ₩27,935,753 |
| 4 | ₩3,136,000 | ₩2,115,385 | ₩1,100,000 | ₩584,298 | ₩650,000 | ₩35,521,435 |
| 5 | ₩2,352,000 | ₩2,115,385 | ₩1,100,000 | ₩551,837 | ₩800,000 | ₩42,440,657 |
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.