Kia K7 2018 5-year cost to own
Estimated from segment averageBased on South Korea regulations
Assumptions
5-year total cost
₩28,663,079
Monthly average ₩477,718|Cost per km ₩382/km| Depreciation | ₩6,490,000 | 23% |
|---|---|---|
| Fuel | ₩10,855,263 | 38% |
| Insurance | ₩5,500,000 | 19% |
| Vehicle tax | ₩1,817,816 | 6% |
| Maintenance | ₩4,000,000 | 14% |
| Total | ₩28,663,079 |
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 | ₩1,180,000 | ₩2,171,053 | ₩1,100,000 | ₩421,993 | ₩800,000 | ₩5,673,046 |
| 2 | ₩885,000 | ₩2,171,053 | ₩1,100,000 | ₩389,532 | ₩800,000 | ₩11,018,630 |
| 3 | ₩1,475,000 | ₩2,171,053 | ₩1,100,000 | ₩357,071 | ₩800,000 | ₩16,921,754 |
| 4 | ₩1,475,000 | ₩2,171,053 | ₩1,100,000 | ₩324,610 | ₩800,000 | ₩22,792,417 |
| 5 | ₩1,475,000 | ₩2,171,053 | ₩1,100,000 | ₩324,610 | ₩800,000 | ₩28,663,079 |
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.