Lexus NX350h 2024 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩44,224,924
Monthly average ₩737,082|Cost per km ₩590/km| Depreciation | ₩22,712,000 | 51% |
|---|---|---|
| Fuel | ₩8,714,789 | 20% |
| Insurance | ₩5,500,000 | 12% |
| Vehicle tax | ₩2,748,135 | 6% |
| Maintenance | ₩4,550,000 | 10% |
| Total | ₩44,224,924 |
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 | ₩6,680,000 | ₩1,742,958 | ₩1,100,000 | ₩614,289 | ₩700,000 | ₩10,837,247 |
| 2 | ₩5,344,000 | ₩1,742,958 | ₩1,100,000 | ₩581,958 | ₩850,000 | ₩20,456,162 |
| 3 | ₩4,008,000 | ₩1,742,958 | ₩1,100,000 | ₩549,627 | ₩1,000,000 | ₩28,856,747 |
| 4 | ₩3,340,000 | ₩1,742,958 | ₩1,100,000 | ₩517,296 | ₩1,000,000 | ₩36,557,001 |
| 5 | ₩3,340,000 | ₩1,742,958 | ₩1,100,000 | ₩484,965 | ₩1,000,000 | ₩44,224,924 |
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.