Kia Niro Plus 2022 5-year cost to own
Estimated from segment averageBased on South Korea regulations
Assumptions
5-year total cost
₩26,361,827
Monthly average ₩439,364|Cost per km ₩351/km| Depreciation | ₩11,180,000 | 42% |
|---|---|---|
| Charging | ₩5,048,077 | 19% |
| Insurance | ₩5,500,000 | 21% |
| Vehicle tax | ₩633,750 | 2% |
| Maintenance | ₩4,000,000 | 15% |
| Total | ₩26,361,827 |
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 | ₩3,010,000 | ₩1,009,615 | ₩1,100,000 | ₩143,650 | ₩800,000 | ₩6,063,265 |
| 2 | ₩2,580,000 | ₩1,009,615 | ₩1,100,000 | ₩135,200 | ₩800,000 | ₩11,688,081 |
| 3 | ₩2,150,000 | ₩1,009,615 | ₩1,100,000 | ₩126,750 | ₩800,000 | ₩16,874,446 |
| 4 | ₩1,720,000 | ₩1,009,615 | ₩1,100,000 | ₩118,300 | ₩800,000 | ₩21,622,362 |
| 5 | ₩1,720,000 | ₩1,009,615 | ₩1,100,000 | ₩109,850 | ₩800,000 | ₩26,361,827 |
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.