Lexus RX450h 2023 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩51,881,871
Monthly average ₩864,698|Cost per km ₩692/km| Depreciation | ₩28,028,000 | 54% |
|---|---|---|
| Fuel | ₩8,967,391 | 17% |
| Insurance | ₩5,500,000 | 11% |
| Vehicle tax | ₩2,586,480 | 5% |
| Maintenance | ₩6,800,000 | 13% |
| Total | ₩51,881,871 |
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 | ₩8,008,000 | ₩1,793,478 | ₩1,100,000 | ₩581,958 | ₩1,200,000 | ₩12,683,436 |
| 2 | ₩6,006,000 | ₩1,793,478 | ₩1,100,000 | ₩549,627 | ₩1,400,000 | ₩23,532,542 |
| 3 | ₩5,005,000 | ₩1,793,478 | ₩1,100,000 | ₩517,296 | ₩1,400,000 | ₩33,348,316 |
| 4 | ₩5,005,000 | ₩1,793,478 | ₩1,100,000 | ₩484,965 | ₩1,400,000 | ₩43,131,759 |
| 5 | ₩4,004,000 | ₩1,793,478 | ₩1,100,000 | ₩452,634 | ₩1,400,000 | ₩51,881,871 |
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.