Kia Niro EV 2025 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩32,871,330
Monthly average ₩547,856|Cost per km ₩438/km| Depreciation | ₩18,408,000 | 56% |
|---|---|---|
| Charging | ₩4,952,830 | 15% |
| Insurance | ₩5,500,000 | 17% |
| Vehicle tax | ₩760,500 | 2% |
| Maintenance | ₩3,250,000 | 10% |
| Total | ₩32,871,330 |
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 | Charging | Insurance | Vehicle tax | Maintenance | Total |
|---|---|---|---|---|---|---|
| 1 | ₩4,720,000 | ₩990,566 | ₩1,100,000 | ₩169,000 | ₩450,000 | ₩7,429,566 |
| 2 | ₩4,248,000 | ₩990,566 | ₩1,100,000 | ₩160,550 | ₩550,000 | ₩14,478,682 |
| 3 | ₩3,304,000 | ₩990,566 | ₩1,100,000 | ₩152,100 | ₩650,000 | ₩20,675,348 |
| 4 | ₩3,304,000 | ₩990,566 | ₩1,100,000 | ₩143,650 | ₩800,000 | ₩27,013,564 |
| 5 | ₩2,832,000 | ₩990,566 | ₩1,100,000 | ₩135,200 | ₩800,000 | ₩32,871,330 |
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.