2024 Genesis GV70True Cost of Ownership in Austria
300 hp twin-turbo inline-4. Full cost breakdown including import duty (10%), VAT (20%), insurance, fuel at €1.75/L, maintenance, and depreciation.
Purchase Price
$59K
Base: $45K
Annual Total
$17K
Insurance + fuel + maintenance
Import Duty
$5K
10% of base price
VAT
$10K
20% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$143K
Purchase + 5yr running costs
2024 Genesis GV70 — Full Cost Breakdown in Austria
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $45K |
| Import Duty (10%) | $5K |
| VAT / Sales Tax (20%) | $10K |
| Total Purchase Price | $59K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $2K |
| Annual Depreciation | $9K |
| Registration & Road Tax | $850 |
| Total Annual Running Cost | $17K |
| 5-Year Total Cost of Ownership | $143K |
| Cost Per Kilometer | $1.108 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Genesis GV70 Fuel Cost Calculator — Austria
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,888
USD equivalent
Monthly Fuel Cost
$241
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$19.25
11L × €1.75
Genesis GV70 Depreciation Curve
The Genesis GV70 loses approximately $22K (49%) of its value over 5 years.
Year-by-Year Value
| New | $45K | 100% |
| Year 1 | $36K | 80% |
| Year 2 | $32K | 70% |
| Year 3 | $28K | 62% |
| Year 4 | $25K | 56% |
| Year 5 | $23K | 51% |
Depreciation based on suv segment averages.
Genesis GV70 vs. Competitors in Austria
How does the Genesis GV70 compare to similar cars available in Austria?
Genesis
GV70
Base Price
$45K
Annual Cost in Austria
$17K
Toyota
RAV4
Base Price
$32K
Annual Cost in Austria
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Austria
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Austria
$7K
Annual costs estimated for Austria market. Import duty (10%) and VAT (20%) applied to all models.
🇦🇹 Owning a Car in Austria
NoVA normverbrauchsabgabe purchase tax.
Moderate for Austria
Annual car costs = 35% of average Austria income ($48K/yr)
Average Annual Income
$48K
In Austria
Fuel Price
€1.75/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
10%
On vehicle value
VAT / Sales Tax
20%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Austria
Genesis GV70 in Austria — Frequently Asked Questions
Common questions about owning a Genesis GV70 in Austria.
The 2024 Genesis GV70 has a base price of $45,000 USD. In Austria, after 10% import duty and 20% VAT, the total purchase price is approximately $59,400 USD (€59,400 EUR).