Kia K5 2024 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩29,112,126
Monthly average ₩485,202|Cost per km ₩388/km| Depreciation | ₩9,184,000 | 32% |
|---|---|---|
| Fuel | ₩9,519,231 | 33% |
| Insurance | ₩5,500,000 | 19% |
| Vehicle tax | ₩2,208,895 | 8% |
| Maintenance | ₩2,700,000 | 9% |
| Total | ₩29,112,126 |
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 | ₩2,296,000 | ₩1,903,846 | ₩1,100,000 | ₩493,753 | ₩400,000 | ₩6,193,599 |
| 2 | ₩2,009,000 | ₩1,903,846 | ₩1,100,000 | ₩467,766 | ₩500,000 | ₩12,174,211 |
| 3 | ₩1,722,000 | ₩1,903,846 | ₩1,100,000 | ₩441,779 | ₩600,000 | ₩17,941,836 |
| 4 | ₩1,722,000 | ₩1,903,846 | ₩1,100,000 | ₩415,792 | ₩600,000 | ₩23,683,475 |
| 5 | ₩1,435,000 | ₩1,903,846 | ₩1,100,000 | ₩389,805 | ₩600,000 | ₩29,112,126 |
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.