Mercedes-Benz E-Class 2017 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩38,264,138
Monthly average ₩637,736|Cost per km ₩510/km| Depreciation | ₩13,435,500 | 35% |
|---|---|---|
| Fuel | ₩10,951,327 | 29% |
| Insurance | ₩5,500,000 | 14% |
| Vehicle tax | ₩1,377,311 | 4% |
| Maintenance | ₩7,000,000 | 18% |
| Total | ₩38,264,138 |
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 | ₩2,067,000 | ₩2,190,265 | ₩1,100,000 | ₩311,844 | ₩1,400,000 | ₩7,069,109 |
| 2 | ₩3,445,000 | ₩2,190,265 | ₩1,100,000 | ₩285,857 | ₩1,400,000 | ₩15,490,232 |
| 3 | ₩3,445,000 | ₩2,190,265 | ₩1,100,000 | ₩259,870 | ₩1,400,000 | ₩23,885,367 |
| 4 | ₩3,445,000 | ₩2,190,265 | ₩1,100,000 | ₩259,870 | ₩1,400,000 | ₩32,280,503 |
| 5 | ₩1,033,500 | ₩2,190,265 | ₩1,100,000 | ₩259,870 | ₩1,400,000 | ₩38,264,138 |
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.