2023 Genesis GV60 StandardTrue Cost of Ownership in Vietnam
225 hp all-electric. Full cost breakdown including import duty (70%), VAT (10%), insurance, fuel at ₫0.9/L, maintenance, and depreciation.
Purchase Price
$108K
Base: $58K
Annual Total
$18K
Insurance + fuel + maintenance
Import Duty
$41K
70% of base price
VAT
$10K
10% applied
Annual Insurance
$450
Avg for this country
5-Year Total
$200K
Purchase + 5yr running costs
2023 Genesis GV60 Standard — Full Cost Breakdown in Vietnam
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $58K |
| Import Duty (70%) | $41K |
| VAT / Sales Tax (10%) | $10K |
| Total Purchase Price | $108K |
| Annual Insurance | $450 |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $386 |
| Annual Depreciation | $16K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $18K |
| 5-Year Total Cost of Ownership | $200K |
| Cost Per Kilometer | $1.225 |
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 — Vietnam
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
⚡ Electric Vehicle
The Genesis GV60 Standard runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Vietnam.
$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 Vietnam
How does the Genesis GV60 Standard compare to similar cars available in Vietnam?
Genesis
GV60 Standard
Base Price
$58K
Annual Cost in Vietnam
$18K
Tesla
Model 3
Base Price
$42K
Annual Cost in Vietnam
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in Vietnam
$5K
BMW
i4
Base Price
$56K
Annual Cost in Vietnam
$8K
Annual costs estimated for Vietnam market. Import duty (70%) and VAT (10%) applied to all models.
🇻🇳 Owning a Car in Vietnam
Very high import taxes on cars.
Very Expensive for Vietnam
Annual car costs = 525% of average Vietnam income ($4K/yr)
Average Annual Income
$4K
In Vietnam
Fuel Price
₫0.90/L
Gasoline dominant
Avg Car Insurance
$450
Per year
Import Duty
70%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in Vietnam
Genesis GV60 Standard in Vietnam — Frequently Asked Questions
Common questions about owning a Genesis GV60 Standard in Vietnam.
The 2023 Genesis GV60 Standard has a base price of $58,000 USD. In Vietnam, after 70% import duty and 10% VAT, the total purchase price is approximately $108,460 USD (₫108,460 VND).
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