KG Mobility Torres 2024 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩30,508,141
Monthly average ₩508,469|Cost per km ₩407/km| Depreciation | ₩8,897,000 | 29% |
|---|---|---|
| Fuel | ₩11,353,211 | 37% |
| Insurance | ₩5,500,000 | 18% |
| Vehicle tax | ₩1,157,930 | 4% |
| Maintenance | ₩3,600,000 | 12% |
| Total | ₩30,508,141 |
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 | ₩2,296,000 | ₩2,270,642 | ₩1,100,000 | ₩258,831 | ₩550,000 | ₩6,475,473 |
| 2 | ₩1,722,000 | ₩2,270,642 | ₩1,100,000 | ₩245,209 | ₩650,000 | ₩12,463,324 |
| 3 | ₩1,722,000 | ₩2,270,642 | ₩1,100,000 | ₩231,586 | ₩800,000 | ₩18,587,553 |
| 4 | ₩1,722,000 | ₩2,270,642 | ₩1,100,000 | ₩217,963 | ₩800,000 | ₩24,698,158 |
| 5 | ₩1,435,000 | ₩2,270,642 | ₩1,100,000 | ₩204,341 | ₩800,000 | ₩30,508,141 |
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.