Kia K9 2023 5-year cost to own
Estimated from segment averageBased on South Korea regulations
Assumptions
5-year total cost
₩44,827,258
Monthly average ₩747,121|Cost per km ₩598/km| Depreciation | ₩16,324,000 | 36% |
|---|---|---|
| Fuel | ₩14,224,138 | 32% |
| Insurance | ₩5,500,000 | 12% |
| Vehicle tax | ₩3,929,120 | 9% |
| Maintenance | ₩4,850,000 | 11% |
| Total | ₩44,827,258 |
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 | ₩4,664,000 | ₩2,844,828 | ₩1,100,000 | ₩884,052 | ₩850,000 | ₩10,342,880 |
| 2 | ₩3,498,000 | ₩2,844,828 | ₩1,100,000 | ₩834,938 | ₩1,000,000 | ₩19,620,645 |
| 3 | ₩2,915,000 | ₩2,844,828 | ₩1,100,000 | ₩785,824 | ₩1,000,000 | ₩28,266,297 |
| 4 | ₩2,915,000 | ₩2,844,828 | ₩1,100,000 | ₩736,710 | ₩1,000,000 | ₩36,862,834 |
| 5 | ₩2,332,000 | ₩2,844,828 | ₩1,100,000 | ₩687,596 | ₩1,000,000 | ₩44,827,258 |
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.