2023 Genesis GV60 StandardTrue Cost of Ownership in Argentina
225 hp all-electric. Full cost breakdown including import duty (35%), VAT (21%), insurance, fuel at $0.65/L, maintenance, and depreciation.
Purchase Price
$95K
Base: $58K
Annual Total
$19K
Insurance + fuel + maintenance
Import Duty
$20K
35% of base price
VAT
$16K
21% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$189K
Purchase + 5yr running costs
2023 Genesis GV60 Standard — Full Cost Breakdown in Argentina
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $58K |
| Import Duty (35%) | $20K |
| VAT / Sales Tax (21%) | $16K |
| Total Purchase Price | $95K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $986 |
| Annual Depreciation | $16K |
| Registration & Road Tax | $450 |
| Total Annual Running Cost | $19K |
| 5-Year Total Cost of Ownership | $189K |
| Cost Per Kilometer | $1.255 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Genesis GV60 Standard Fuel Cost Calculator — Argentina
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
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⚡ Electric Vehicle
The Genesis GV60 Standard runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Argentina.
$0 Fuel Cost
Electric vehicle — no gasoline required
Genesis GV60 Standard Depreciation Curve
The Genesis GV60 Standard loses approximately $33K (57%) of its value over 5 years.
Year-by-Year Value
| New | $58K | 100% |
| Year 1 | $42K | 72% |
| Year 2 | $36K | 62% |
| Year 3 | $31K | 54% |
| Year 4 | $28K | 48% |
| Year 5 | $25K | 43% |
Depreciation based on electric segment averages.
Genesis GV60 Standard vs. Competitors in Argentina
How does the Genesis GV60 Standard compare to similar cars available in Argentina?
Genesis
GV60 Standard
Base Price
$58K
Annual Cost in Argentina
$19K
Tesla
Model 3
Base Price
$42K
Annual Cost in Argentina
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in Argentina
$5K
BMW
i4
Base Price
$56K
Annual Cost in Argentina
$8K
Annual costs estimated for Argentina market. Import duty (35%) and VAT (21%) applied to all models.
🇦🇷 Owning a Car in Argentina
Inflation makes costs volatile.
Very Expensive for Argentina
Annual car costs = 171% of average Argentina income ($11K/yr)
Average Annual Income
$11K
In Argentina
Fuel Price
$0.65/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
35%
On vehicle value
VAT / Sales Tax
21%
Applied at purchase
Driving Side
Right-hand
South America
Popular Car Brands in Argentina
Genesis GV60 Standard in Argentina — Frequently Asked Questions
Common questions about owning a Genesis GV60 Standard in Argentina.
The 2023 Genesis GV60 Standard has a base price of $58,000 USD. In Argentina, after 35% import duty and 21% VAT, the total purchase price is approximately $94,743 USD ($94,743 ARS).
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