Renault Korea XM3 (Arkana) 2023 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩26,479,240
Monthly average ₩441,321|Cost per km ₩353/km| Depreciation | ₩6,786,000 | 26% |
|---|---|---|
| Fuel | ₩9,375,000 | 35% |
| Insurance | ₩5,500,000 | 21% |
| Vehicle tax | ₩968,240 | 4% |
| Maintenance | ₩3,850,000 | 15% |
| Total | ₩26,479,240 |
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 | ₩1,638,000 | ₩1,875,000 | ₩1,100,000 | ₩217,854 | ₩650,000 | ₩5,480,854 |
| 2 | ₩1,638,000 | ₩1,875,000 | ₩1,100,000 | ₩205,751 | ₩800,000 | ₩11,099,605 |
| 3 | ₩1,404,000 | ₩1,875,000 | ₩1,100,000 | ₩193,648 | ₩800,000 | ₩16,472,253 |
| 4 | ₩1,170,000 | ₩1,875,000 | ₩1,100,000 | ₩181,545 | ₩800,000 | ₩21,598,798 |
| 5 | ₩936,000 | ₩1,875,000 | ₩1,100,000 | ₩169,442 | ₩800,000 | ₩26,479,240 |
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.