Kia Carnival 2024 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩38,402,350
Monthly average ₩640,039|Cost per km ₩512/km| Depreciation | ₩11,718,000 | 31% |
|---|---|---|
| Fuel | ₩13,750,000 | 36% |
| Insurance | ₩5,500,000 | 14% |
| Vehicle tax | ₩3,834,350 | 10% |
| Maintenance | ₩3,600,000 | 9% |
| Total | ₩38,402,350 |
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 | ₩3,024,000 | ₩2,750,000 | ₩1,100,000 | ₩857,090 | ₩550,000 | ₩8,281,090 |
| 2 | ₩2,268,000 | ₩2,750,000 | ₩1,100,000 | ₩811,980 | ₩650,000 | ₩15,861,070 |
| 3 | ₩2,268,000 | ₩2,750,000 | ₩1,100,000 | ₩766,870 | ₩800,000 | ₩23,545,940 |
| 4 | ₩2,268,000 | ₩2,750,000 | ₩1,100,000 | ₩721,760 | ₩800,000 | ₩31,185,700 |
| 5 | ₩1,890,000 | ₩2,750,000 | ₩1,100,000 | ₩676,650 | ₩800,000 | ₩38,402,350 |
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.