Hyundai IONIQ 6 2026 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩40,677,500
Monthly average ₩677,958|Cost per km ₩542/km| Depreciation | ₩27,158,200 | 67% |
|---|---|---|
| Charging | ₩4,375,000 | 11% |
| Insurance | ₩5,500,000 | 14% |
| Vehicle tax | ₩794,300 | 2% |
| Maintenance | ₩2,850,000 | 7% |
| Total | ₩40,677,500 |
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 | ₩10,928,200 | ₩875,000 | ₩1,100,000 | ₩169,000 | ₩400,000 | ₩13,472,200 |
| 2 | ₩4,869,000 | ₩875,000 | ₩1,100,000 | ₩169,000 | ₩450,000 | ₩20,935,200 |
| 3 | ₩4,328,000 | ₩875,000 | ₩1,100,000 | ₩160,550 | ₩550,000 | ₩27,948,750 |
| 4 | ₩3,787,000 | ₩875,000 | ₩1,100,000 | ₩152,100 | ₩650,000 | ₩34,512,850 |
| 5 | ₩3,246,000 | ₩875,000 | ₩1,100,000 | ₩143,650 | ₩800,000 | ₩40,677,500 |
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.