Kia Carnival 2023 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩36,752,800
Monthly average ₩612,547|Cost per km ₩490/km| Depreciation | ₩10,044,000 | 27% |
|---|---|---|
| Fuel | ₩13,750,000 | 37% |
| Insurance | ₩5,500,000 | 15% |
| Vehicle tax | ₩3,608,800 | 10% |
| Maintenance | ₩3,850,000 | 10% |
| Total | ₩36,752,800 |
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 | ₩2,232,000 | ₩2,750,000 | ₩1,100,000 | ₩811,980 | ₩650,000 | ₩7,543,980 |
| 2 | ₩2,232,000 | ₩2,750,000 | ₩1,100,000 | ₩766,870 | ₩800,000 | ₩15,192,850 |
| 3 | ₩2,232,000 | ₩2,750,000 | ₩1,100,000 | ₩721,760 | ₩800,000 | ₩22,796,610 |
| 4 | ₩1,860,000 | ₩2,750,000 | ₩1,100,000 | ₩676,650 | ₩800,000 | ₩29,983,260 |
| 5 | ₩1,488,000 | ₩2,750,000 | ₩1,100,000 | ₩631,540 | ₩800,000 | ₩36,752,800 |
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.