Hyundai Palisade 2019 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩35,665,052
Monthly average ₩594,418|Cost per km ₩476/km| Depreciation | ₩9,152,000 | 26% |
|---|---|---|
| Fuel | ₩13,306,452 | 37% |
| Insurance | ₩5,500,000 | 15% |
| Vehicle tax | ₩2,706,600 | 8% |
| Maintenance | ₩5,000,000 | 14% |
| Total | ₩35,665,052 |
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 | ₩1,664,000 | ₩2,661,290 | ₩1,100,000 | ₩631,540 | ₩1,000,000 | ₩7,056,830 |
| 2 | ₩1,664,000 | ₩2,661,290 | ₩1,100,000 | ₩586,430 | ₩1,000,000 | ₩14,068,551 |
| 3 | ₩1,664,000 | ₩2,661,290 | ₩1,100,000 | ₩541,320 | ₩1,000,000 | ₩21,035,161 |
| 4 | ₩2,080,000 | ₩2,661,290 | ₩1,100,000 | ₩496,210 | ₩1,000,000 | ₩28,372,661 |
| 5 | ₩2,080,000 | ₩2,661,290 | ₩1,100,000 | ₩451,100 | ₩1,000,000 | ₩35,665,052 |
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.