2023 Aznom PalladiumTrue Cost of Ownership in South Korea
630 hp twin-turbo V8. Full cost breakdown including import duty (8%), VAT (10%), insurance, fuel at ₩1.55/L, maintenance, and depreciation.
Purchase Price
$737K
Base: $620K
Annual Total
$130K
Insurance + fuel + maintenance
Import Duty
$50K
8% of base price
VAT
$67K
10% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$1.4M
Purchase + 5yr running costs
2023 Aznom Palladium — 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) | $620K |
| Import Duty (8%) | $50K |
| VAT / Sales Tax (10%) | $67K |
| Total Purchase Price | $737K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $2K |
| Annual Depreciation | $124K |
| Registration & Road Tax | $800 |
| Total Annual Running Cost | $130K |
| 5-Year Total Cost of Ownership | $1.4M |
| Cost Per Kilometer | $8.696 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Aznom Palladium 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
$2,558
USD equivalent
Monthly Fuel Cost
$213
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$17.05
11L × ₩1.55
Aznom Palladium Depreciation Curve
The Aznom Palladium loses approximately $304K (49%) of its value over 5 years.
Year-by-Year Value
| New | $620K | 100% |
| Year 1 | $496K | 80% |
| Year 2 | $434K | 70% |
| Year 3 | $384K | 62% |
| Year 4 | $347K | 56% |
| Year 5 | $316K | 51% |
Depreciation based on suv segment averages.
Aznom Palladium vs. Competitors in South Korea
How does the Aznom Palladium compare to similar cars available in South Korea?
Aznom
Palladium
Base Price
$620K
Annual Cost in South Korea
$130K
Toyota
RAV4
Base Price
$32K
Annual Cost in South Korea
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in South Korea
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in South Korea
$7K
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 = 408% 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
Aznom Palladium in South Korea — Frequently Asked Questions
Common questions about owning a Aznom Palladium in South Korea.
The 2023 Aznom Palladium has a base price of $620,000 USD. In South Korea, after 8% import duty and 10% VAT, the total purchase price is approximately $736,560 USD (₩736,560 KRW).