Hyundai Veloster N 2022 5-year cost to own
Estimated from segment averageBased on South Korea regulations
Assumptions
5-year total cost
₩31,643,088
Monthly average ₩527,385|Cost per km ₩422/km| Depreciation | ₩7,296,000 | 23% |
|---|---|---|
| Fuel | ₩11,899,038 | 38% |
| Insurance | ₩5,500,000 | 17% |
| Vehicle tax | ₩1,948,050 | 6% |
| Maintenance | ₩5,000,000 | 16% |
| Total | ₩31,643,088 |
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 | ₩1,824,000 | ₩2,379,808 | ₩1,100,000 | ₩441,558 | ₩1,000,000 | ₩6,745,366 |
| 2 | ₩1,520,000 | ₩2,379,808 | ₩1,100,000 | ₩415,584 | ₩1,000,000 | ₩13,160,757 |
| 3 | ₩1,520,000 | ₩2,379,808 | ₩1,100,000 | ₩389,610 | ₩1,000,000 | ₩19,550,175 |
| 4 | ₩1,216,000 | ₩2,379,808 | ₩1,100,000 | ₩363,636 | ₩1,000,000 | ₩25,609,619 |
| 5 | ₩1,216,000 | ₩2,379,808 | ₩1,100,000 | ₩337,662 | ₩1,000,000 | ₩31,643,088 |
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.