2024 GAC GS4True Cost of Ownership in South Korea
177 hp turbocharged inline-3, popular Chinese compact SUV. Full cost breakdown including import duty (8%), VAT (10%), insurance, fuel at ₩1.55/L, maintenance, and depreciation.
Purchase Price
$21K
Base: $18K
Annual Total
$8K
Insurance + fuel + maintenance
Import Duty
$1K
8% of base price
VAT
$2K
10% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$61K
Purchase + 5yr running costs
2024 GAC GS4 — 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) | $18K |
| Import Duty (8%) | $1K |
| VAT / Sales Tax (10%) | $2K |
| Total Purchase Price | $21K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $868 |
| Annual Depreciation | $4K |
| Registration & Road Tax | $800 |
| Total Annual Running Cost | $8K |
| 5-Year Total Cost of Ownership | $61K |
| Cost Per Kilometer | $0.534 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
GAC GS4 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
$1,395
USD equivalent
Monthly Fuel Cost
$116
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$9.30
6L × ₩1.55
GAC GS4 Depreciation Curve
The GAC GS4 loses approximately $9K (49%) of its value over 5 years.
Year-by-Year Value
| New | $18K | 100% |
| Year 1 | $14K | 80% |
| Year 2 | $13K | 70% |
| Year 3 | $11K | 62% |
| Year 4 | $10K | 56% |
| Year 5 | $9K | 51% |
Depreciation based on economy segment averages.
GAC GS4 vs. Competitors in South Korea
How does the GAC GS4 compare to similar cars available in South Korea?
GAC
GS4
Base Price
$18K
Annual Cost in South Korea
$8K
Toyota
Yaris
Base Price
$22K
Annual Cost in South Korea
$4K
Honda
Fit
Base Price
$21K
Annual Cost in South Korea
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in South Korea
$4K
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.
Moderate for South Korea
Annual car costs = 25% 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
GAC GS4 in South Korea — Frequently Asked Questions
Common questions about owning a GAC GS4 in South Korea.
The 2024 GAC GS4 has a base price of $18,000 USD. In South Korea, after 8% import duty and 10% VAT, the total purchase price is approximately $21,384 USD (₩21,384 KRW).