BMW 3 Series 2024 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩45,586,950
Monthly average ₩759,783|Cost per km ₩608/km| Depreciation | ₩21,080,000 | 46% |
|---|---|---|
| Fuel | ₩10,399,160 | 23% |
| Insurance | ₩5,500,000 | 12% |
| Vehicle tax | ₩2,207,790 | 5% |
| Maintenance | ₩6,400,000 | 14% |
| Total | ₩45,586,950 |
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 | ₩6,200,000 | ₩2,079,832 | ₩1,100,000 | ₩493,506 | ₩1,000,000 | ₩10,873,338 |
| 2 | ₩4,960,000 | ₩2,079,832 | ₩1,100,000 | ₩467,532 | ₩1,200,000 | ₩20,680,702 |
| 3 | ₩3,720,000 | ₩2,079,832 | ₩1,100,000 | ₩441,558 | ₩1,400,000 | ₩29,422,092 |
| 4 | ₩3,100,000 | ₩2,079,832 | ₩1,100,000 | ₩415,584 | ₩1,400,000 | ₩37,517,508 |
| 5 | ₩3,100,000 | ₩2,079,832 | ₩1,100,000 | ₩389,610 | ₩1,400,000 | ₩45,586,950 |
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.