Lexus NX350h 2020 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩33,856,304
Monthly average ₩564,272|Cost per km ₩451/km| Depreciation | ₩12,540,000 | 37% |
|---|---|---|
| Fuel | ₩8,714,789 | 26% |
| Insurance | ₩5,500,000 | 16% |
| Vehicle tax | ₩2,101,515 | 6% |
| Maintenance | ₩5,000,000 | 15% |
| Total | ₩33,856,304 |
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 | ₩3,135,000 | ₩1,742,958 | ₩1,100,000 | ₩484,965 | ₩1,000,000 | ₩7,462,923 |
| 2 | ₩2,508,000 | ₩1,742,958 | ₩1,100,000 | ₩452,634 | ₩1,000,000 | ₩14,266,514 |
| 3 | ₩1,881,000 | ₩1,742,958 | ₩1,100,000 | ₩420,303 | ₩1,000,000 | ₩20,410,775 |
| 4 | ₩1,881,000 | ₩1,742,958 | ₩1,100,000 | ₩387,972 | ₩1,000,000 | ₩26,522,705 |
| 5 | ₩3,135,000 | ₩1,742,958 | ₩1,100,000 | ₩355,641 | ₩1,000,000 | ₩33,856,304 |
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.