Kia K3 2021 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩22,562,522
Monthly average ₩376,042|Cost per km ₩301/km| Depreciation | ₩4,268,000 | 19% |
|---|---|---|
| Fuel | ₩8,776,596 | 39% |
| Insurance | ₩5,500,000 | 24% |
| Vehicle tax | ₩1,017,926 | 5% |
| Maintenance | ₩3,000,000 | 13% |
| Total | ₩22,562,522 |
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 | ₩970,000 | ₩1,755,319 | ₩1,100,000 | ₩232,669 | ₩600,000 | ₩4,657,988 |
| 2 | ₩970,000 | ₩1,755,319 | ₩1,100,000 | ₩218,127 | ₩600,000 | ₩9,301,434 |
| 3 | ₩776,000 | ₩1,755,319 | ₩1,100,000 | ₩203,585 | ₩600,000 | ₩13,736,338 |
| 4 | ₩776,000 | ₩1,755,319 | ₩1,100,000 | ₩189,043 | ₩600,000 | ₩18,156,701 |
| 5 | ₩776,000 | ₩1,755,319 | ₩1,100,000 | ₩174,502 | ₩600,000 | ₩22,562,522 |
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.