2020 Apollo IETrue Cost of Ownership in South Korea
780 hp NA V12, track-only. Full cost breakdown including import duty (8%), VAT (10%), insurance, fuel at ₩1.55/L, maintenance, and depreciation.
Purchase Price
$3.2M
Base: $2.7M
Annual Total
$436K
Insurance + fuel + maintenance
Import Duty
$216K
8% of base price
VAT
$292K
10% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$5.4M
Purchase + 5yr running costs
2020 Apollo IE — Full Cost Breakdown in South Korea
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $2.7M |
| Import Duty (8%) | $216K |
| VAT / Sales Tax (10%) | $292K |
| Total Purchase Price | $3.2M |
| Annual Insurance | $1K |
| Annual Fuel Cost | $5K |
| Annual Maintenance | $24K |
| Annual Depreciation | $405K |
| Registration & Road Tax | $800 |
| Total Annual Running Cost | $436K |
| 5-Year Total Cost of Ownership | $5.4M |
| Cost Per Kilometer | $29.091 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Apollo IE Fuel Cost Calculator — South Korea
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$5,115
USD equivalent
Monthly Fuel Cost
$426
Per month average
Annual Liters Used
3,300L
At 15,000 km/yr
Cost per 100km
$34.10
22L × ₩1.55
Apollo IE Depreciation Curve
The Apollo IE loses approximately $945K (35%) of its value over 5 years.
Year-by-Year Value
| New | $2.7M | 100% |
| Year 1 | $2.3M | 85% |
| Year 2 | $2.1M | 78% |
| Year 3 | $1.9M | 72% |
| Year 4 | $1.8M | 68% |
| Year 5 | $1.8M | 65% |
Depreciation based on hypercar segment averages.
Apollo IE vs. Competitors in South Korea
How does the Apollo IE compare to similar cars available in South Korea?
Apollo
IE
Base Price
$2.7M
Annual Cost in South Korea
$436K
Bugatti
Chiron
Base Price
$3.0M
Annual Cost in South Korea
$350K
Koenigsegg
Jesko
Base Price
$3.0M
Annual Cost in South Korea
$320K
Pagani
Huayra
Base Price
$1.4M
Annual Cost in South Korea
$180K
Annual costs estimated for South Korea market. Import duty (8%) and VAT (10%) applied to all models.
🇰🇷 Owning a Car in South Korea
Strong domestic brands keep costs lower.
Very Expensive for South Korea
Annual car costs = 1364% of average South Korea income ($32K/yr)
Average Annual Income
$32K
In South Korea
Fuel Price
₩1.55/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
8%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in South Korea
Apollo IE in South Korea — Frequently Asked Questions
Common questions about owning a Apollo IE in South Korea.
The 2020 Apollo IE has a base price of $2,700,000 USD. In South Korea, after 8% import duty and 10% VAT, the total purchase price is approximately $3,207,600 USD (₩3,207,600 KRW).