Honda Accord Hybrid 2020 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩27,455,514
Monthly average ₩457,592|Cost per km ₩366/km| Depreciation | ₩9,200,000 | 34% |
|---|---|---|
| Fuel | ₩7,071,429 | 26% |
| Insurance | ₩5,500,000 | 20% |
| Vehicle tax | ₩1,684,085 | 6% |
| Maintenance | ₩4,000,000 | 15% |
| Total | ₩27,455,514 |
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 | ₩2,300,000 | ₩1,414,286 | ₩1,100,000 | ₩388,635 | ₩800,000 | ₩6,002,921 |
| 2 | ₩1,840,000 | ₩1,414,286 | ₩1,100,000 | ₩362,726 | ₩800,000 | ₩11,519,932 |
| 3 | ₩1,380,000 | ₩1,414,286 | ₩1,100,000 | ₩336,817 | ₩800,000 | ₩16,551,035 |
| 4 | ₩1,380,000 | ₩1,414,286 | ₩1,100,000 | ₩310,908 | ₩800,000 | ₩21,556,229 |
| 5 | ₩2,300,000 | ₩1,414,286 | ₩1,100,000 | ₩284,999 | ₩800,000 | ₩27,455,514 |
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.