Lexus ES300h 2023 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩39,199,247
Monthly average ₩653,321|Cost per km ₩523/km| Depreciation | ₩19,068,000 | 49% |
|---|---|---|
| Fuel | ₩7,194,767 | 18% |
| Insurance | ₩5,500,000 | 14% |
| Vehicle tax | ₩2,586,480 | 7% |
| Maintenance | ₩4,850,000 | 12% |
| Total | ₩39,199,247 |
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 | ₩5,448,000 | ₩1,438,953 | ₩1,100,000 | ₩581,958 | ₩850,000 | ₩9,418,911 |
| 2 | ₩4,086,000 | ₩1,438,953 | ₩1,100,000 | ₩549,627 | ₩1,000,000 | ₩17,593,492 |
| 3 | ₩3,405,000 | ₩1,438,953 | ₩1,100,000 | ₩517,296 | ₩1,000,000 | ₩25,054,741 |
| 4 | ₩3,405,000 | ₩1,438,953 | ₩1,100,000 | ₩484,965 | ₩1,000,000 | ₩32,483,660 |
| 5 | ₩2,724,000 | ₩1,438,953 | ₩1,100,000 | ₩452,634 | ₩1,000,000 | ₩39,199,247 |
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.