Polestar Polestar 2 2026 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩52,083,643
Monthly average ₩868,061|Cost per km ₩694/km| Depreciation | ₩36,782,200 | 71% |
|---|---|---|
| Charging | ₩5,357,143 | 10% |
| Insurance | ₩5,500,000 | 11% |
| Vehicle tax | ₩794,300 | 2% |
| Maintenance | ₩3,650,000 | 7% |
| Total | ₩52,083,643 |
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 | ₩17,217,200 | ₩1,071,429 | ₩1,100,000 | ₩169,000 | ₩500,000 | ₩20,057,629 |
| 2 | ₩6,149,000 | ₩1,071,429 | ₩1,100,000 | ₩169,000 | ₩600,000 | ₩29,147,057 |
| 3 | ₩5,590,000 | ₩1,071,429 | ₩1,100,000 | ₩160,550 | ₩700,000 | ₩37,769,036 |
| 4 | ₩4,472,000 | ₩1,071,429 | ₩1,100,000 | ₩152,100 | ₩850,000 | ₩45,414,564 |
| 5 | ₩3,354,000 | ₩1,071,429 | ₩1,100,000 | ₩143,650 | ₩1,000,000 | ₩52,083,643 |
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.