Mercedes-Benz E-Class 2020 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩39,640,482
Monthly average ₩660,675|Cost per km ₩529/km| Depreciation | ₩14,500,000 | 37% |
|---|---|---|
| Fuel | ₩10,951,327 | 28% |
| Insurance | ₩5,500,000 | 14% |
| Vehicle tax | ₩1,689,155 | 4% |
| Maintenance | ₩7,000,000 | 18% |
| Total | ₩39,640,482 |
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 | ₩3,625,000 | ₩2,190,265 | ₩1,100,000 | ₩389,805 | ₩1,400,000 | ₩8,705,070 |
| 2 | ₩2,900,000 | ₩2,190,265 | ₩1,100,000 | ₩363,818 | ₩1,400,000 | ₩16,659,154 |
| 3 | ₩2,175,000 | ₩2,190,265 | ₩1,100,000 | ₩337,831 | ₩1,400,000 | ₩23,862,250 |
| 4 | ₩2,175,000 | ₩2,190,265 | ₩1,100,000 | ₩311,844 | ₩1,400,000 | ₩31,039,360 |
| 5 | ₩3,625,000 | ₩2,190,265 | ₩1,100,000 | ₩285,857 | ₩1,400,000 | ₩39,640,482 |
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.