Kia Sorento 2023 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩33,155,091
Monthly average ₩552,585|Cost per km ₩442/km| Depreciation | ₩9,855,000 | 30% |
|---|---|---|
| Fuel | ₩11,353,211 | 34% |
| Insurance | ₩5,500,000 | 17% |
| Vehicle tax | ₩2,596,880 | 8% |
| Maintenance | ₩3,850,000 | 12% |
| Total | ₩33,155,091 |
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 | ₩2,190,000 | ₩2,270,642 | ₩1,100,000 | ₩584,298 | ₩650,000 | ₩6,794,940 |
| 2 | ₩2,190,000 | ₩2,270,642 | ₩1,100,000 | ₩551,837 | ₩800,000 | ₩13,707,419 |
| 3 | ₩2,190,000 | ₩2,270,642 | ₩1,100,000 | ₩519,376 | ₩800,000 | ₩20,587,438 |
| 4 | ₩1,825,000 | ₩2,270,642 | ₩1,100,000 | ₩486,915 | ₩800,000 | ₩27,069,995 |
| 5 | ₩1,460,000 | ₩2,270,642 | ₩1,100,000 | ₩454,454 | ₩800,000 | ₩33,155,091 |
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.