Kia Carnival 2021 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩34,710,700
Monthly average ₩578,512|Cost per km ₩463/km| Depreciation | ₩8,303,000 | 24% |
|---|---|---|
| Fuel | ₩13,750,000 | 40% |
| Insurance | ₩5,500,000 | 16% |
| Vehicle tax | ₩3,157,700 | 9% |
| Maintenance | ₩4,000,000 | 12% |
| Total | ₩34,710,700 |
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 | ₩2,166,000 | ₩2,750,000 | ₩1,100,000 | ₩721,760 | ₩800,000 | ₩7,537,760 |
| 2 | ₩1,805,000 | ₩2,750,000 | ₩1,100,000 | ₩676,650 | ₩800,000 | ₩14,669,410 |
| 3 | ₩1,444,000 | ₩2,750,000 | ₩1,100,000 | ₩631,540 | ₩800,000 | ₩21,394,950 |
| 4 | ₩1,444,000 | ₩2,750,000 | ₩1,100,000 | ₩586,430 | ₩800,000 | ₩28,075,380 |
| 5 | ₩1,444,000 | ₩2,750,000 | ₩1,100,000 | ₩541,320 | ₩800,000 | ₩34,710,700 |
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.