Renault Korea XM3 (Arkana) 2024 5-year cost to own
Based on South Korea regulations
Assumptions
5-year total cost
₩27,595,755
Monthly average ₩459,929|Cost per km ₩368/km| Depreciation | ₩8,092,000 | 29% |
|---|---|---|
| Fuel | ₩9,375,000 | 34% |
| Insurance | ₩5,500,000 | 20% |
| Vehicle tax | ₩1,028,755 | 4% |
| Maintenance | ₩3,600,000 | 13% |
| Total | ₩27,595,755 |
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 | ₩2,142,000 | ₩1,875,000 | ₩1,100,000 | ₩229,957 | ₩550,000 | ₩5,896,957 |
| 2 | ₩1,666,000 | ₩1,875,000 | ₩1,100,000 | ₩217,854 | ₩650,000 | ₩11,405,811 |
| 3 | ₩1,666,000 | ₩1,875,000 | ₩1,100,000 | ₩205,751 | ₩800,000 | ₩17,052,562 |
| 4 | ₩1,428,000 | ₩1,875,000 | ₩1,100,000 | ₩193,648 | ₩800,000 | ₩22,449,210 |
| 5 | ₩1,190,000 | ₩1,875,000 | ₩1,100,000 | ₩181,545 | ₩800,000 | ₩27,595,755 |
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.