Rates updated March 2026Based on state insurance filingsOur methodology โ†’
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2024 Hyundai Sonata: 5-Year Total Cost of Ownership

Quick Answer

The 2024 Hyundai Sonata costs $38,892 to own over 5 years, or $648/month. The biggest expenses are depreciation ($13,771) and insurance ($10,260).

โœ“ Updated March 2026โœ“ Based on state insurance filings

5-Year Total Cost of Ownership

$38,892

$648/month โ€ข $1/mile

Cost Breakdown

Depreciation$13,771 (35%)
Insurance$10,260 (26%)
Fuel/Energy$7,452 (19%)
Maintenance$2,210 (6%)
Financing$4,839 (12%)
Registration$360 (1%)

Year-by-Year Costs

YearDepreciationInsuranceFuelMaintenanceTotal
Year 1$5,164$2,052$1,490$442$9,148
Year 2$2,152$2,052$1,490$442$6,136
Year 3$2,152$2,052$1,490$442$6,136
Year 4$2,152$2,052$1,490$442$6,136
Year 5$2,152$2,052$1,490$442$6,136

Key Facts

1-Year Depreciation

18% ($5,164)

5-Year Depreciation

48% ($13,771)

Annual Repair Cost

$478

Annual Maintenance

$442

These are estimates based on state averages. Your exact rate depends on your specific profile.

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