BMW 3 Series 2016 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩33,237,634
Monthly average ₩553,961|Cost per km ₩443/km| Depreciation | ₩9,013,800 | 27% |
|---|---|---|
| Fuel | ₩10,399,160 | 31% |
| Insurance | ₩5,500,000 | 17% |
| Vehicle tax | ₩1,324,674 | 4% |
| Maintenance | ₩7,000,000 | 21% |
| Total | ₩33,237,634 |
Vehicle tax: engine-based rates with age reduction (flat rate for EVs) · Insurance uses a reference range by age band, not a quote
Cumulative cost by year
View data table
| Year | Depreciation | Fuel | Insurance | Vehicle tax | Maintenance | Total |
|---|---|---|---|---|---|---|
| 1 | ₩2,715,000 | ₩2,079,832 | ₩1,100,000 | ₩285,714 | ₩1,400,000 | ₩7,580,546 |
| 2 | ₩2,715,000 | ₩2,079,832 | ₩1,100,000 | ₩259,740 | ₩1,400,000 | ₩15,135,118 |
| 3 | ₩2,715,000 | ₩2,079,832 | ₩1,100,000 | ₩259,740 | ₩1,400,000 | ₩22,689,690 |
| 4 | ₩868,800 | ₩2,079,832 | ₩1,100,000 | ₩259,740 | ₩1,400,000 | ₩28,398,062 |
| 5 | ₩0 | ₩2,079,832 | ₩1,100,000 | ₩259,740 | ₩1,400,000 | ₩33,237,634 |
The results are estimates based on public statistics and may differ from actual transaction prices and real costs. See how we calculate
Frequently asked questions
Q.What is included in the 5-year TCO?
Depreciation, fuel or charging, insurance reference cost, vehicle tax with age reduction, and maintenance by cost grade.
Q.How is Korean vehicle tax calculated?
Engine size × rate (80/140/200 KRW per cc) plus 30% education tax, reduced 5% yearly from year 3 up to 50%. EVs pay a flat amount.
Q.Why show cost per km?
Cost per km makes cars of different classes comparable and shows what each kilometer actually costs you.