Genesis GV70 2025 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩43,397,490
Monthly average ₩723,292|Cost per km ₩579/km| Depreciation | ₩18,326,000 | 42% |
|---|---|---|
| Fuel | ₩12,500,000 | 29% |
| Insurance | ₩5,500,000 | 13% |
| Vehicle tax | ₩2,921,490 | 7% |
| Maintenance | ₩4,150,000 | 10% |
| Total | ₩43,397,490 |
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 | ₩4,312,000 | ₩2,500,000 | ₩1,100,000 | ₩649,220 | ₩600,000 | ₩9,161,220 |
| 2 | ₩4,312,000 | ₩2,500,000 | ₩1,100,000 | ₩616,759 | ₩700,000 | ₩18,389,979 |
| 3 | ₩3,234,000 | ₩2,500,000 | ₩1,100,000 | ₩584,298 | ₩850,000 | ₩26,658,277 |
| 4 | ₩3,234,000 | ₩2,500,000 | ₩1,100,000 | ₩551,837 | ₩1,000,000 | ₩35,044,114 |
| 5 | ₩3,234,000 | ₩2,500,000 | ₩1,100,000 | ₩519,376 | ₩1,000,000 | ₩43,397,490 |
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.