Hyundai Venue 2020 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩22,812,064
Monthly average ₩380,201|Cost per km ₩304/km| Depreciation | ₩4,334,000 | 19% |
|---|---|---|
| Fuel | ₩9,032,847 | 40% |
| Insurance | ₩5,500,000 | 24% |
| Vehicle tax | ₩945,217 | 4% |
| Maintenance | ₩3,000,000 | 13% |
| Total | ₩22,812,064 |
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 | ₩985,000 | ₩1,806,569 | ₩1,100,000 | ₩218,127 | ₩600,000 | ₩4,709,696 |
| 2 | ₩788,000 | ₩1,806,569 | ₩1,100,000 | ₩203,585 | ₩600,000 | ₩9,207,851 |
| 3 | ₩788,000 | ₩1,806,569 | ₩1,100,000 | ₩189,043 | ₩600,000 | ₩13,691,463 |
| 4 | ₩788,000 | ₩1,806,569 | ₩1,100,000 | ₩174,502 | ₩600,000 | ₩18,160,534 |
| 5 | ₩985,000 | ₩1,806,569 | ₩1,100,000 | ₩159,960 | ₩600,000 | ₩22,812,064 |
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.