LuxuryModel Hub

Hyundai Ioniq 6 Long Range

320 hp all-electric. Compare true ownership costs across 50 countries — purchase price, import duties, insurance, fuel, and annual running costs.

2023

Base Price

$45K

USD MSRP

Cheapest Country

🇻🇪 Venezuela

$12K/yr

Most Expensive

🇸🇬 Singapore

$36K/yr

5-Year TCO (US)

$154K

Total cost of ownership

Countries Tracked

Full cost breakdown

Years Available

Model years tracked

⛽

Fuel Efficiency

~12L / 100km

At 15,000 km/yr, approx. 1800 litres annually

📉

3-Year Depreciation

43% loss

Loses ~$19,350 from $45,000 base in 3 years

🔧

Annual Maintenance

$4,000

Typical for Luxury segment in developed markets

🏷️

Segment

Luxury

Competes in the Luxury segment globally

About This Model

Luxury Segment: Premium Costs, Premium Residuals

Luxury models carry higher purchase prices, insurance premiums, and service costs than equivalent mid-range vehicles — but they also deliver stronger residual values in established markets. The three-year residual value for well-specified luxury models typically exceeds 55% of new price, compared to 45–50% for mid-range equivalents. Buyers should account for the higher cost of consumables: premium-grade tyres, specialist lubricants, and manufacturer-specific service parts can add 40–60% to annual maintenance costs versus non-luxury equivalents.

The Hyundai Ioniq 6 Long Range is a Luxury-segment vehicle with a base price of $45,000 USD. 320 hp all-electric. Across 50 countries, annual ownership costs range from $12K in Venezuela to $36K in Singapore — a 206% difference driven by import duties, fuel prices, insurance markets, and local taxation.

Annual Cost Snapshot (US)

Depreciation

$11,250

Insurance

$2,150

Fuel

$1,620

Maintenance

$6,143

Registration

$500

Total Annual$21,663

Full US Breakdown

Interactive Chart

Hyundai Ioniq 6 Long Range — Annual Cost by Country

Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

Depreciation Curve

How Fast Does the Ioniq 6 Long Range Lose Value?

Starting at $45,000, the Hyundai Ioniq 6 Long Range retains 46% of its value after 5 years — losing $24,300 in total.

Year 1

$33,750 (75%)

Year 2

$29,250 (65%)

Year 3

$25,650 (57%)

Year 4

$22,950 (51%)

Year 5

$20,700 (46%)

Market Value Over 5 Years

Cost Composition

What Makes Up the Annual Cost?

Annual ownership cost in the United States: $21,663. Depreciation is the largest single cost at 52% of total annual spend.

Depreciation

$11,25052%

Insurance

$2,15010%

Fuel

$1,6207%

Maintenance

$6,14328%

Registration

$5002%

Country Rankings

Where Is the Ioniq 6 Long Range Cheapest & Most Expensive?

🏆5 Cheapest Countries to Own

#1🇻🇪

Venezuela

Purchase: $63K

$12K/yr

#2🇮🇷

Iran

Purchase: $93K

$12K/yr

#3🇧🇩

Bangladesh

Purchase: $129K

$14K/yr

#4🇪🇬

Egypt

Purchase: $72K

$14K/yr

#5🇳🇬

Nigeria

Purchase: $65K

$15K/yr

💸5 Most Expensive Countries to Own

#1🇸🇬

Singapore

Purchase: $69K

$36K/yr

#2🇭🇰

Hong Kong

Purchase: $97K

$31K/yr

#3🇬🇧

United Kingdom

Purchase: $58K

$26K/yr

#4🇧🇷

Brazil

Purchase: $68K

$25K/yr

#5🇮🇹

Italy

Purchase: $60K

$25K/yr

50 Countries

Hyundai Ioniq 6 Long Range — Annual Cost by Country

Based on 2023 model. Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

#	Country	Purchase Price	Import Duty	Insurance/yr	Fuel/yr	Annual Total	Details
1	🇻🇪Venezuela	$63K	20%	$100	$18	$12K	View
2	🇮🇷Iran	$93K	90%	$160	$90	$12K	View
3	🇧🇩Bangladesh	$129K	150%	$220	$1K	$14K	View
4	🇪🇬Egypt	$72K	40%	$470	$720	$14K	View
5	🇳🇬Nigeria	$65K	35%	$570	$1K	$15K	View
6	🇷🇺Russia	$62K	15%	$720	$1K	$16K	View
7	🇮🇳India	$115K	100%	$370	$2K	$16K	View
8	🇺🇦Ukraine	$59K	10%	$520	$2K	$16K	View
9	🇵🇪Peru	$58K	9%	$620	$2K	$16K	View
10	🇵🇰Pakistan	$79K	50%	$470	$2K	$16K	View
11	🇮🇩Indonesia	$70K	40%	$670	$1K	$16K	View
12	🇻🇳Vietnam	$84K	70%	$470	$2K	$16K	View
13	🇬🇭Ghana	$62K	20%	$670	$2K	$16K	View
14	🇶🇦Qatar	$47K	5%	$1K	$342	$16K	View
15	🇲🇾Malaysia	$62K	30%	$980	$936	$17K	View
16	🇵🇭Philippines	$66K	30%	$780	$2K	$17K	View
17	🇸🇦Saudi Arabia	$54K	5%	$1K	$432	$17K	View
18	🇹🇭Thailand	$87K	80%	$880	$2K	$17K	View
19	🇰🇪Kenya	$65K	25%	$780	$2K	$17K	View
20	🇲🇽Mexico	$63K	20%	$1K	$1K	$17K	View
21	🇨🇴Colombia	$72K	35%	$1K	$2K	$18K	View
22	🇦🇷Argentina	$74K	35%	$1K	$1K	$18K	View
23	🇦🇪UAE	$50K	5%	$1K	$792	$18K	View
24	🇷🇴Romania	$59K	10%	$1K	$2K	$18K	View
25	🇭🇺Hungary	$63K	10%	$1K	$3K	$19K	View
26	🇨🇱Chile	$57K	6%	$1K	$2K	$19K	View
27	🇨🇳China	$58K	15%	$1K	$2K	$19K	View
28	🇨🇿Czech Republic	$60K	10%	$1K	$3K	$19K	View
29	🇵🇱Poland	$61K	10%	$1K	$2K	$19K	View
30	🇿🇦South Africa	$65K	25%	$2K	$2K	$20K	View
31	🇰🇷South Korea	$53K	8%	$1K	$3K	$20K	View
32	🇬🇷Greece	$61K	10%	$1K	$3K	$21K	View
33	🇵🇹Portugal	$61K	10%	$1K	$3K	$21K	View
34	🇹🇷Turkey	$97K	80%	$980	$4K	$21K	View
35	🇪🇸Spain	$60K	10%	$2K	$3K	$21K	View
36	🇯🇵Japan	$50K	0%	$1K	$3K	$21K	View
37	🇫🇮Finland	$61K	10%	$2K	$3K	$21K	View
38	🇺🇸United States	$46K	2.5%	$2K	$2K	$22K	View
39	🇳🇿New Zealand	$54K	5%	$2K	$3K	$22K	View
40	🇸🇪Sweden	$62K	10%	$2K	$3K	$22K	View
41	🇫🇷France	$59K	10%	$2K	$3K	$22K	View
42	🇦🇹Austria	$59K	10%	$2K	$3K	$22K	View
43	🇩🇪Germany	$59K	10%	$2K	$3K	$23K	View
44	🇨🇦Canada	$50K	6.1%	$2K	$2K	$23K	View
45	🇦🇺Australia	$52K	5%	$2K	$2K	$23K	View
46	🇳🇱Netherlands	$60K	10%	$2K	$4K	$23K	View
47	🇧🇪Belgium	$60K	10%	$2K	$3K	$23K	View
48	🇨🇭Switzerland	$52K	6.5%	$2K	$3K	$23K	View
49	🇳🇴Norway	$70K	25%	$2K	$4K	$23K	View
50	🇩🇰Denmark	$141K	150%	$2K	$3K	$24K	View
51	🇮🇱Israel	$96K	83%	$2K	$4K	$25K	View
52	🇮🇹Italy	$60K	10%	$3K	$3K	$25K	View
53	🇧🇷Brazil	$68K	35%	$3K	$2K	$25K	View
54	🇬🇧United Kingdom	$58K	6.5%	$3K	$3K	$26K	View
55	🇭🇰Hong Kong	$97K	115%	$2K	$4K	$31K	View
56	🇸🇬Singapore	$69K	41%	$3K	$3K	$36K	View