Genesis Electrified GV70 2025 5-year cost to own
Estimated from segment averageBased on South Korea regulations
Assumptions
5-year total cost
₩42,569,022
Monthly average ₩709,484|Cost per km ₩568/km| Depreciation | ₩26,452,000 | 62% |
|---|---|---|
| Charging | ₩5,706,522 | 13% |
| Insurance | ₩5,500,000 | 13% |
| Vehicle tax | ₩760,500 | 2% |
| Maintenance | ₩4,150,000 | 10% |
| Total | ₩42,569,022 |
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 | Charging | Insurance | Vehicle tax | Maintenance | Total |
|---|---|---|---|---|---|---|
| 1 | ₩6,224,000 | ₩1,141,304 | ₩1,100,000 | ₩169,000 | ₩600,000 | ₩9,234,304 |
| 2 | ₩6,224,000 | ₩1,141,304 | ₩1,100,000 | ₩160,550 | ₩700,000 | ₩18,560,159 |
| 3 | ₩4,668,000 | ₩1,141,304 | ₩1,100,000 | ₩152,100 | ₩850,000 | ₩26,471,563 |
| 4 | ₩4,668,000 | ₩1,141,304 | ₩1,100,000 | ₩143,650 | ₩1,000,000 | ₩34,524,517 |
| 5 | ₩4,668,000 | ₩1,141,304 | ₩1,100,000 | ₩135,200 | ₩1,000,000 | ₩42,569,022 |
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.