Toyota Prius 2023 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩29,013,533
Monthly average ₩483,559|Cost per km ₩387/km| Depreciation | ₩11,676,000 | 40% |
|---|---|---|
| Fuel | ₩5,921,053 | 20% |
| Insurance | ₩5,500,000 | 19% |
| Vehicle tax | ₩2,066,480 | 7% |
| Maintenance | ₩3,850,000 | 13% |
| Total | ₩29,013,533 |
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 | ₩3,336,000 | ₩1,184,211 | ₩1,100,000 | ₩464,958 | ₩650,000 | ₩6,735,169 |
| 2 | ₩2,502,000 | ₩1,184,211 | ₩1,100,000 | ₩439,127 | ₩800,000 | ₩12,760,506 |
| 3 | ₩2,085,000 | ₩1,184,211 | ₩1,100,000 | ₩413,296 | ₩800,000 | ₩18,343,013 |
| 4 | ₩2,085,000 | ₩1,184,211 | ₩1,100,000 | ₩387,465 | ₩800,000 | ₩23,899,688 |
| 5 | ₩1,668,000 | ₩1,184,211 | ₩1,100,000 | ₩361,634 | ₩800,000 | ₩29,013,533 |
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.