Renault Korea SM6 2024 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩28,660,724
Monthly average ₩477,679|Cost per km ₩382/km| Depreciation | ₩8,864,000 | 31% |
|---|---|---|
| Fuel | ₩9,667,969 | 34% |
| Insurance | ₩5,500,000 | 19% |
| Vehicle tax | ₩1,028,755 | 4% |
| Maintenance | ₩3,600,000 | 13% |
| Total | ₩28,660,724 |
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 | ₩2,216,000 | ₩1,933,594 | ₩1,100,000 | ₩229,957 | ₩550,000 | ₩6,029,551 |
| 2 | ₩1,939,000 | ₩1,933,594 | ₩1,100,000 | ₩217,854 | ₩650,000 | ₩11,869,999 |
| 3 | ₩1,662,000 | ₩1,933,594 | ₩1,100,000 | ₩205,751 | ₩800,000 | ₩17,571,343 |
| 4 | ₩1,662,000 | ₩1,933,594 | ₩1,100,000 | ₩193,648 | ₩800,000 | ₩23,260,585 |
| 5 | ₩1,385,000 | ₩1,933,594 | ₩1,100,000 | ₩181,545 | ₩800,000 | ₩28,660,724 |
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.