2024 Dongfeng Fengshen AX7True Cost of Ownership in South Korea
197 hp turbocharged inline-4, popular Chinese SUV. Full cost breakdown including import duty (8%), VAT (10%), insurance, fuel at ₩1.55/L, maintenance, and depreciation.
Purchase Price
$21K
Base: $18K
Annual Total
$8K
Insurance + fuel + maintenance
Import Duty
$1K
8% of base price
VAT
$2K
10% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$61K
Purchase + 5yr running costs
2024 Dongfeng Fengshen AX7 — 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) | $18K |
| Import Duty (8%) | $1K |
| VAT / Sales Tax (10%) | $2K |
| Total Purchase Price | $21K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $868 |
| Annual Depreciation | $4K |
| Registration & Road Tax | $800 |
| Total Annual Running Cost | $8K |
| 5-Year Total Cost of Ownership | $61K |
| Cost Per Kilometer | $0.534 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Dongfeng Fengshen AX7 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
$1,395
USD equivalent
Monthly Fuel Cost
$116
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$9.30
6L × ₩1.55
Dongfeng Fengshen AX7 Depreciation Curve
The Dongfeng Fengshen AX7 loses approximately $9K (49%) of its value over 5 years.
Year-by-Year Value
| New | $18K | 100% |
| Year 1 | $14K | 80% |
| Year 2 | $13K | 70% |
| Year 3 | $11K | 62% |
| Year 4 | $10K | 56% |
| Year 5 | $9K | 51% |
Depreciation based on economy segment averages.
Dongfeng Fengshen AX7 vs. Competitors in South Korea
How does the Dongfeng Fengshen AX7 compare to similar cars available in South Korea?
Dongfeng
Fengshen AX7
Base Price
$18K
Annual Cost in South Korea
$8K
Toyota
Yaris
Base Price
$22K
Annual Cost in South Korea
$4K
Honda
Fit
Base Price
$21K
Annual Cost in South Korea
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in South Korea
$4K
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.
Moderate for South Korea
Annual car costs = 25% 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
Dongfeng Fengshen AX7 in South Korea — Frequently Asked Questions
Common questions about owning a Dongfeng Fengshen AX7 in South Korea.
The 2024 Dongfeng Fengshen AX7 has a base price of $18,000 USD. In South Korea, after 8% import duty and 10% VAT, the total purchase price is approximately $21,384 USD (₩21,384 KRW).
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