Land Rover Defender 2020 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩50,263,763
Monthly average ₩837,729|Cost per km ₩670/km| Depreciation | ₩18,000,000 | 36% |
|---|---|---|
| Fuel | ₩14,732,143 | 29% |
| Insurance | ₩5,500,000 | 11% |
| Vehicle tax | ₩2,531,620 | 5% |
| Maintenance | ₩9,500,000 | 19% |
| Total | ₩50,263,763 |
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 | ₩4,500,000 | ₩2,946,429 | ₩1,100,000 | ₩584,220 | ₩1,900,000 | ₩11,030,649 |
| 2 | ₩3,600,000 | ₩2,946,429 | ₩1,100,000 | ₩545,272 | ₩1,900,000 | ₩21,122,349 |
| 3 | ₩2,700,000 | ₩2,946,429 | ₩1,100,000 | ₩506,324 | ₩1,900,000 | ₩30,275,102 |
| 4 | ₩2,700,000 | ₩2,946,429 | ₩1,100,000 | ₩467,376 | ₩1,900,000 | ₩39,388,906 |
| 5 | ₩4,500,000 | ₩2,946,429 | ₩1,100,000 | ₩428,428 | ₩1,900,000 | ₩50,263,763 |
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.