Renault Korea Grand Koleos Hybrid 2024 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩29,858,869
Monthly average ₩497,648|Cost per km ₩398/km| Depreciation | ₩11,718,000 | 39% |
|---|---|---|
| Fuel | ₩7,882,166 | 26% |
| Insurance | ₩5,500,000 | 18% |
| Vehicle tax | ₩1,158,703 | 4% |
| Maintenance | ₩3,600,000 | 12% |
| Total | ₩29,858,869 |
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 | ₩3,024,000 | ₩1,576,433 | ₩1,100,000 | ₩259,004 | ₩550,000 | ₩6,509,437 |
| 2 | ₩2,268,000 | ₩1,576,433 | ₩1,100,000 | ₩245,372 | ₩650,000 | ₩12,349,242 |
| 3 | ₩2,268,000 | ₩1,576,433 | ₩1,100,000 | ₩231,741 | ₩800,000 | ₩18,325,416 |
| 4 | ₩2,268,000 | ₩1,576,433 | ₩1,100,000 | ₩218,109 | ₩800,000 | ₩24,287,958 |
| 5 | ₩1,890,000 | ₩1,576,433 | ₩1,100,000 | ₩204,477 | ₩800,000 | ₩29,858,869 |
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.