2024 Li Auto L9True Cost of Ownership in South Korea
449 hp hybrid. Full cost breakdown including import duty (8%), VAT (10%), insurance, fuel at ₩1.55/L, maintenance, and depreciation.
Purchase Price
$65K
Base: $55K
Annual Total
$15K
Insurance + fuel + maintenance
Import Duty
$4K
8% of base price
VAT
$6K
10% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$142K
Purchase + 5yr running costs
2024 Li Auto L9 — 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) | $55K |
| Import Duty (8%) | $4K |
| VAT / Sales Tax (10%) | $6K |
| Total Purchase Price | $65K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $868 |
| Annual Depreciation | $11K |
| Registration & Road Tax | $800 |
| Total Annual Running Cost | $15K |
| 5-Year Total Cost of Ownership | $142K |
| Cost Per Kilometer | $1.028 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Li Auto L9 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
Li Auto L9 Depreciation Curve
The Li Auto L9 loses approximately $27K (49%) of its value over 5 years.
Year-by-Year Value
| New | $55K | 100% |
| Year 1 | $44K | 80% |
| Year 2 | $39K | 70% |
| Year 3 | $34K | 62% |
| Year 4 | $31K | 56% |
| Year 5 | $28K | 51% |
Depreciation based on economy segment averages.
Li Auto L9 vs. Competitors in South Korea
How does the Li Auto L9 compare to similar cars available in South Korea?
Li Auto
L9
Base Price
$55K
Annual Cost in South Korea
$15K
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.
Expensive for South Korea
Annual car costs = 48% 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
Li Auto L9 in South Korea — Frequently Asked Questions
Common questions about owning a Li Auto L9 in South Korea.
The 2024 Li Auto L9 has a base price of $55,000 USD. In South Korea, after 8% import duty and 10% VAT, the total purchase price is approximately $65,340 USD (₩65,340 KRW).