Mercedes-Benz E-Class 2026 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩70,668,605
Monthly average ₩1,177,810|Cost per km ₩942/km| Depreciation | ₩46,624,500 | 66% |
|---|---|---|
| Fuel | ₩10,951,327 | 15% |
| Insurance | ₩5,500,000 | 8% |
| Vehicle tax | ₩2,442,778 | 3% |
| Maintenance | ₩5,150,000 | 7% |
| Total | ₩70,668,605 |
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 | ₩18,729,500 | ₩2,190,265 | ₩1,100,000 | ₩519,740 | ₩700,000 | ₩23,239,505 |
| 2 | ₩8,767,000 | ₩2,190,265 | ₩1,100,000 | ₩519,740 | ₩850,000 | ₩36,666,511 |
| 3 | ₩7,970,000 | ₩2,190,265 | ₩1,100,000 | ₩493,753 | ₩1,000,000 | ₩49,420,529 |
| 4 | ₩6,376,000 | ₩2,190,265 | ₩1,100,000 | ₩467,766 | ₩1,200,000 | ₩60,754,561 |
| 5 | ₩4,782,000 | ₩2,190,265 | ₩1,100,000 | ₩441,779 | ₩1,400,000 | ₩70,668,605 |
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.