Mercedes-Benz E-Class 2022 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩42,627,352
Monthly average ₩710,456|Cost per km ₩568/km| Depreciation | ₩17,227,000 | 40% |
|---|---|---|
| Fuel | ₩10,951,327 | 26% |
| Insurance | ₩5,500,000 | 13% |
| Vehicle tax | ₩1,949,025 | 5% |
| Maintenance | ₩7,000,000 | 16% |
| Total | ₩42,627,352 |
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 | ₩4,494,000 | ₩2,190,265 | ₩1,100,000 | ₩441,779 | ₩1,400,000 | ₩9,626,044 |
| 2 | ₩3,745,000 | ₩2,190,265 | ₩1,100,000 | ₩415,792 | ₩1,400,000 | ₩18,477,102 |
| 3 | ₩3,745,000 | ₩2,190,265 | ₩1,100,000 | ₩389,805 | ₩1,400,000 | ₩27,302,172 |
| 4 | ₩2,996,000 | ₩2,190,265 | ₩1,100,000 | ₩363,818 | ₩1,400,000 | ₩35,352,256 |
| 5 | ₩2,247,000 | ₩2,190,265 | ₩1,100,000 | ₩337,831 | ₩1,400,000 | ₩42,627,352 |
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.