Honda CR-V Hybrid 2023 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩33,394,998
Monthly average ₩556,583|Cost per km ₩445/km| Depreciation | ₩14,140,000 | 42% |
|---|---|---|
| Fuel | ₩7,832,278 | 23% |
| Insurance | ₩5,500,000 | 16% |
| Vehicle tax | ₩2,072,720 | 6% |
| Maintenance | ₩3,850,000 | 12% |
| Total | ₩33,394,998 |
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 | ₩4,040,000 | ₩1,566,456 | ₩1,100,000 | ₩466,362 | ₩650,000 | ₩7,822,818 |
| 2 | ₩3,030,000 | ₩1,566,456 | ₩1,100,000 | ₩440,453 | ₩800,000 | ₩14,759,726 |
| 3 | ₩2,525,000 | ₩1,566,456 | ₩1,100,000 | ₩414,544 | ₩800,000 | ₩21,165,726 |
| 4 | ₩2,525,000 | ₩1,566,456 | ₩1,100,000 | ₩388,635 | ₩800,000 | ₩27,545,817 |
| 5 | ₩2,020,000 | ₩1,566,456 | ₩1,100,000 | ₩362,726 | ₩800,000 | ₩33,394,998 |
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.