Kia Seltos 2024 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩27,053,076
Monthly average ₩450,885|Cost per km ₩361/km| Depreciation | ₩8,024,000 | 30% |
|---|---|---|
| Fuel | ₩9,593,023 | 35% |
| Insurance | ₩5,500,000 | 20% |
| Vehicle tax | ₩1,236,053 | 5% |
| Maintenance | ₩2,700,000 | 10% |
| Total | ₩27,053,076 |
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 | ₩2,124,000 | ₩1,918,605 | ₩1,100,000 | ₩276,294 | ₩400,000 | ₩5,818,899 |
| 2 | ₩1,652,000 | ₩1,918,605 | ₩1,100,000 | ₩261,752 | ₩500,000 | ₩11,251,255 |
| 3 | ₩1,652,000 | ₩1,918,605 | ₩1,100,000 | ₩247,211 | ₩600,000 | ₩16,769,071 |
| 4 | ₩1,416,000 | ₩1,918,605 | ₩1,100,000 | ₩232,669 | ₩600,000 | ₩22,036,345 |
| 5 | ₩1,180,000 | ₩1,918,605 | ₩1,100,000 | ₩218,127 | ₩600,000 | ₩27,053,076 |
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.