Kia Carnival Hybrid 2023 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩30,912,011
Monthly average ₩515,200|Cost per km ₩412/km| Depreciation | ₩11,232,000 | 36% |
|---|---|---|
| Fuel | ₩9,166,667 | 30% |
| Insurance | ₩5,500,000 | 18% |
| Vehicle tax | ₩1,163,344 | 4% |
| Maintenance | ₩3,850,000 | 12% |
| Total | ₩30,912,011 |
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 | ₩2,496,000 | ₩1,833,333 | ₩1,100,000 | ₩261,752 | ₩650,000 | ₩6,341,085 |
| 2 | ₩2,496,000 | ₩1,833,333 | ₩1,100,000 | ₩247,211 | ₩800,000 | ₩12,817,630 |
| 3 | ₩2,496,000 | ₩1,833,333 | ₩1,100,000 | ₩232,669 | ₩800,000 | ₩19,279,632 |
| 4 | ₩2,080,000 | ₩1,833,333 | ₩1,100,000 | ₩218,127 | ₩800,000 | ₩25,311,092 |
| 5 | ₩1,664,000 | ₩1,833,333 | ₩1,100,000 | ₩203,585 | ₩800,000 | ₩30,912,011 |
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.