Kia Carnival Hybrid 2024 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩32,615,720
Monthly average ₩543,595|Cost per km ₩435/km| Depreciation | ₩13,113,000 | 40% |
|---|---|---|
| Fuel | ₩9,166,667 | 28% |
| Insurance | ₩5,500,000 | 17% |
| Vehicle tax | ₩1,236,053 | 4% |
| Maintenance | ₩3,600,000 | 11% |
| Total | ₩32,615,720 |
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 | ₩3,384,000 | ₩1,833,333 | ₩1,100,000 | ₩276,294 | ₩550,000 | ₩7,143,627 |
| 2 | ₩2,538,000 | ₩1,833,333 | ₩1,100,000 | ₩261,752 | ₩650,000 | ₩13,526,713 |
| 3 | ₩2,538,000 | ₩1,833,333 | ₩1,100,000 | ₩247,211 | ₩800,000 | ₩20,045,257 |
| 4 | ₩2,538,000 | ₩1,833,333 | ₩1,100,000 | ₩232,669 | ₩800,000 | ₩26,549,259 |
| 5 | ₩2,115,000 | ₩1,833,333 | ₩1,100,000 | ₩218,127 | ₩800,000 | ₩32,615,720 |
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.