2023 Caterham Seven 620STrue Cost of Ownership in South Korea
310 hp supercharged inline-4. Full cost breakdown including import duty (8%), VAT (10%), insurance, fuel at ₩1.55/L, maintenance, and depreciation.
Purchase Price
$93K
Base: $78K
Annual Total
$34K
Insurance + fuel + maintenance
Import Duty
$6K
8% of base price
VAT
$8K
10% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$260K
Purchase + 5yr running costs
2023 Caterham Seven 620S — Full Cost Breakdown in South Korea
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $78K |
| Import Duty (8%) | $6K |
| VAT / Sales Tax (10%) | $8K |
| Total Purchase Price | $93K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $4K |
| Annual Maintenance | $12K |
| Annual Depreciation | $16K |
| Registration & Road Tax | $800 |
| Total Annual Running Cost | $34K |
| 5-Year Total Cost of Ownership | $260K |
| Cost Per Kilometer | $2.234 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Caterham Seven 620S Fuel Cost Calculator — South Korea
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$4,185
USD equivalent
Monthly Fuel Cost
$349
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$27.90
18L × ₩1.55
Caterham Seven 620S Depreciation Curve
The Caterham Seven 620S loses approximately $34K (44%) of its value over 5 years.
Year-by-Year Value
| New | $78K | 100% |
| Year 1 | $62K | 80% |
| Year 2 | $56K | 72% |
| Year 3 | $51K | 65% |
| Year 4 | $47K | 60% |
| Year 5 | $44K | 56% |
Depreciation based on exotic segment averages.
Caterham Seven 620S vs. Competitors in South Korea
How does the Caterham Seven 620S compare to similar cars available in South Korea?
Caterham
Seven 620S
Base Price
$78K
Annual Cost in South Korea
$34K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in South Korea
$35K
McLaren
720S
Base Price
$300K
Annual Cost in South Korea
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in South Korea
$40K
Annual costs estimated for South Korea market. Import duty (8%) and VAT (10%) applied to all models.
🇰🇷 Owning a Car in South Korea
Strong domestic brands keep costs lower.
Very Expensive for South Korea
Annual car costs = 105% of average South Korea income ($32K/yr)
Average Annual Income
$32K
In South Korea
Fuel Price
₩1.55/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
8%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Right-hand
Asia
Popular Car Brands in South Korea
Caterham Seven 620S in South Korea — Frequently Asked Questions
Common questions about owning a Caterham Seven 620S in South Korea.
The 2023 Caterham Seven 620S has a base price of $78,000 USD. In South Korea, after 8% import duty and 10% VAT, the total purchase price is approximately $92,664 USD (₩92,664 KRW).