ExpatWonMoney & Life in Korea

Korea Car Lease Cost Calculator

Lease quotes in Korea advertise the monthly payment, but the real cost includes the down payment (선수금) and — if you keep the car — the residual value (잔존가치). Enter your quote to see the full picture.

Lease terms

Total cost

Sum of monthly payments
₩25,200,000 $18,261
Total if you return the car
₩30,200,000 $21,884
Total if you buy it out at the end
₩45,200,000 $32,754
Effective monthly cost (return)
₩838,889
Effective monthly cost (buyout)
₩1,255,556

Excludes insurance, fuel, and any excess-mileage or damage charges. The refundable deposit is not counted as a cost, but you cannot use that money during the lease.

Guides on cars in Korea