Kia EV6 Light Standard vs Hyundai Santa Fe Hybrid 1.6T: which is cheaper to own in South Korea?
Over 5 years in South Korea (13,000 km/year), the Hyundai Santa Fe Hybrid 1.6T is still the cheaper choice: about ₩39,414,299, which is ₩6,083,722 less than the Kia EV6 Light Standard at ₩45,498,021. As of 2026.07.01.
2026 EV purchase subsidy: when you buy a new electric passenger car, a national subsidy (국고보조금) and a separate local-government subsidy (지방자치단체 보조금) are paid out. The national subsidy is scaled by vehicle performance and price — generally up to about 650만 원 — and the local subsidy (지방보조금) added on top varies widely by where you live (applications close once each municipality's budget runs out). Cars priced under 5,300만 원 get the full amount, those from 5,300만 원 to under 8,500만 원 get only 50%, and anything above that is excluded. Not every buyer receives the same amount, and schemes can close early once the budget is spent — so we show the subsidy separately and do not fold it into the total cost shown above. Source: the Ministry of Environment's zero-emission vehicle portal 무공해차 통합누리집 (ev.or.kr) / your local municipality, as of . Always confirm your eligibility and the exact amount before you buy.
Cheaper over 5 years · South KoreaHyundai Santa Fe Hybrid 1.6T · ₩39,414,299 total · ₩6,083,722 less than the Kia EV6 Light Standard
Kia EV6 Light Standard vs Hyundai Santa Fe Hybrid 1.6T — Where your money goes
| Cost component | Electric · Kia EV6 Light Standard | Hybrid · Hyundai Santa Fe Hybrid |
|---|---|---|
| Depreciation (estimated) | ₩28,898,080 (64%) | ₩16,743,936 (42%) |
| Charging / fuel | ₩2,400,568 (5%) | ₩8,365,760 (21%) |
| ↳ charging loss included | 12% (~₩288,068) | — |
| Maintenance | ₩1,750,002 (4%) | ₩2,999,997 (8%) |
| Insurance | ₩4,250,000 (9%) | ₩3,850,000 (10%) |
| Financing interest | ₩8,199,371 (18%) | ₩7,454,606 (19%) |
| Registration & taxes | ₩0 (0%) | ₩0 (0%) |
| Total cost of ownership | ₩45,498,021 | ₩39,414,299 |
When is the EV worth it?
The electric car becomes worth it once you drive more than 24,000 km a year or keep it longer than 10 years — from that point, the lower running costs catch up with the higher purchase price.
Kia EV6 Light Standard vs Hyundai Santa Fe Hybrid 1.6T — 1:1 comparison
Kia EV6 Light Standard
- 5-year total cost
- ₩45,498,021
- per month
- ₩758,300
- ₩/km
- ₩700
- Purchase price
- ₩43,600,000
- Drivetrain
- Electric
- Consumption
- 20 kWh/100km
Hyundai Santa Fe Hybrid 1.6T
- 5-year total cost
- ₩39,414,299
- per month
- ₩656,905
- ₩/km
- ₩606
- Purchase price
- ₩39,640,000
- Drivetrain
- Hybrid
- Consumption
- 6.4 L/100km
- Electricity rate
- 125 원/kWh KEPCO
- Fuel price
- 2,011 원/L Opinet