Used Car Price Calculator

Used Car Price Calculator helps estimate purchase, used-car, import, ownership transfer, depreciation, and total-cost scenarios in English.

Used-car price inputs

ManufacturerVehicle gradeNew-car price

KRW

Registration year

Mileage

FuelAccident historyExterior condition

Used-car estimate

Estimated market price

₩17,640,000

Low estimate

₩16,228,800

High estimate

₩19,051,200

Residual rate

63.0%

Dealer purchase guide

₩15,346,800

Private trade guide

₩17,640,000

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Korean used-car fair-price estimate

This English guide follows the Korean calculator logic and preserves the Korean rates, thresholds, vehicle classifications, and administrative assumptions used by the source page.

Residual value, mileage, and condition factors

The Korean used-car price model starts from the new-car price and applies an age-based residual-value curve. The source uses annual average mileage of 15,000 km to judge whether a car has low, normal, high, or very high mileage for its age.

Manufacturer group, vehicle grade, fuel type, accident history, exterior condition, interior condition, owner count, selected options, tire condition, and EV battery depreciation all adjust the result. The model supports up to 15 years of age in the base residual table.

The range uses a price-range factor around the estimated price.
Dealer purchase price and private-trade guide price are shown separately.
Accident history and poor condition reduce value independently, so they can stack.

Dealer purchase and future depreciation

The dealer purchase guide is intentionally below estimated retail because a dealer needs margin, inspection, repair, inventory, and warranty risk. Private trade is closer to the estimated market value because the seller and buyer absorb more of that risk directly.

Future predictions show how the current estimated value can fall after additional holding periods. That lets a user compare selling now with keeping the car through another depreciation step.