Kia Ray EV 2025 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩25,017,559
Monthly average ₩416,959|Cost per km ₩334/km| Depreciation | ₩11,160,000 | 45% |
|---|---|---|
| Charging | ₩5,147,059 | 21% |
| Insurance | ₩5,500,000 | 22% |
| Vehicle tax | ₩760,500 | 3% |
| Maintenance | ₩2,450,000 | 10% |
| Total | ₩25,017,559 |
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 | ₩2,790,000 | ₩1,029,412 | ₩1,100,000 | ₩169,000 | ₩350,000 | ₩5,438,412 |
| 2 | ₩2,790,000 | ₩1,029,412 | ₩1,100,000 | ₩160,550 | ₩400,000 | ₩10,918,374 |
| 3 | ₩1,953,000 | ₩1,029,412 | ₩1,100,000 | ₩152,100 | ₩500,000 | ₩15,652,885 |
| 4 | ₩1,953,000 | ₩1,029,412 | ₩1,100,000 | ₩143,650 | ₩600,000 | ₩20,478,947 |
| 5 | ₩1,674,000 | ₩1,029,412 | ₩1,100,000 | ₩135,200 | ₩600,000 | ₩25,017,559 |
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.