KG Mobility Torres 2023 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩29,434,028
Monthly average ₩490,567|Cost per km ₩392/km| Depreciation | ₩7,641,000 | 26% |
|---|---|---|
| Fuel | ₩11,353,211 | 39% |
| Insurance | ₩5,500,000 | 19% |
| Vehicle tax | ₩1,089,817 | 4% |
| Maintenance | ₩3,850,000 | 13% |
| Total | ₩29,434,028 |
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 | ₩1,698,000 | ₩2,270,642 | ₩1,100,000 | ₩245,209 | ₩650,000 | ₩5,963,851 |
| 2 | ₩1,698,000 | ₩2,270,642 | ₩1,100,000 | ₩231,586 | ₩800,000 | ₩12,064,079 |
| 3 | ₩1,698,000 | ₩2,270,642 | ₩1,100,000 | ₩217,963 | ₩800,000 | ₩18,150,685 |
| 4 | ₩1,415,000 | ₩2,270,642 | ₩1,100,000 | ₩204,341 | ₩800,000 | ₩23,940,668 |
| 5 | ₩1,132,000 | ₩2,270,642 | ₩1,100,000 | ₩190,718 | ₩800,000 | ₩29,434,028 |
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.