Kia Niro Hybrid 2026 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩29,651,851
Monthly average ₩494,198|Cost per km ₩395/km| Depreciation | ₩14,000,800 | 47% |
|---|---|---|
| Fuel | ₩5,949,519 | 20% |
| Insurance | ₩5,500,000 | 19% |
| Vehicle tax | ₩1,351,532 | 5% |
| Maintenance | ₩2,850,000 | 10% |
| Total | ₩29,651,851 |
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 | ₩4,232,800 | ₩1,189,904 | ₩1,100,000 | ₩287,560 | ₩400,000 | ₩7,210,264 |
| 2 | ₩2,960,000 | ₩1,189,904 | ₩1,100,000 | ₩287,560 | ₩450,000 | ₩13,197,728 |
| 3 | ₩2,664,000 | ₩1,189,904 | ₩1,100,000 | ₩273,182 | ₩550,000 | ₩18,974,814 |
| 4 | ₩2,072,000 | ₩1,189,904 | ₩1,100,000 | ₩258,804 | ₩650,000 | ₩24,245,521 |
| 5 | ₩2,072,000 | ₩1,189,904 | ₩1,100,000 | ₩244,426 | ₩800,000 | ₩29,651,851 |
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.