2020 Fiat 124 Spider AbarthTrue Cost of Ownership in South Korea
164 hp turbocharged inline-4. Full cost breakdown including import duty (8%), VAT (10%), insurance, fuel at ₩1.55/L, maintenance, and depreciation.
Purchase Price
$36K
Base: $30K
Annual Total
$13K
Insurance + fuel + maintenance
Import Duty
$2K
8% of base price
VAT
$3K
10% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$103K
Purchase + 5yr running costs
2020 Fiat 124 Spider Abarth — 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) | $30K |
| Import Duty (8%) | $2K |
| VAT / Sales Tax (10%) | $3K |
| Total Purchase Price | $36K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $2K |
| Annual Depreciation | $7K |
| Registration & Road Tax | $800 |
| Total Annual Running Cost | $13K |
| 5-Year Total Cost of Ownership | $103K |
| Cost Per Kilometer | $0.899 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Fiat 124 Spider Abarth 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
$2,325
USD equivalent
Monthly Fuel Cost
$194
Per month average
Annual Liters Used
1,500L
At 15,000 km/yr
Cost per 100km
$15.50
10L × ₩1.55
Fiat 124 Spider Abarth Depreciation Curve
The Fiat 124 Spider Abarth loses approximately $15K (50%) of its value over 5 years.
Year-by-Year Value
| New | $30K | 100% |
| Year 1 | $23K | 78% |
| Year 2 | $20K | 68% |
| Year 3 | $18K | 60% |
| Year 4 | $16K | 54% |
| Year 5 | $15K | 50% |
Depreciation based on sports segment averages.
Fiat 124 Spider Abarth vs. Competitors in South Korea
How does the Fiat 124 Spider Abarth compare to similar cars available in South Korea?
Fiat
124 Spider Abarth
Base Price
$30K
Annual Cost in South Korea
$13K
Porsche
718 Cayman
Base Price
$65K
Annual Cost in South Korea
$14K
BMW
M2
Base Price
$63K
Annual Cost in South Korea
$14K
Toyota
GR86
Base Price
$30K
Annual Cost in South Korea
$8K
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.
Expensive for South Korea
Annual car costs = 42% 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
Fiat 124 Spider Abarth in South Korea — Frequently Asked Questions
Common questions about owning a Fiat 124 Spider Abarth in South Korea.
The 2020 Fiat 124 Spider Abarth has a base price of $30,000 USD. In South Korea, after 8% import duty and 10% VAT, the total purchase price is approximately $35,640 USD (₩35,640 KRW).
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Fiat 124 Spider Abarth in Other Countries
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