A worked example
32 days over four seasons
- Start with
- KRW · rental ₩35,000/day · 8 days×4 · gear/fitting ₩1,100,000 · upkeep ₩80,000/year · resale ₩250,000
- Check the result
- Rental ₩1,120,000 · ownership ₩1,170,000 · break-even 34 days
Using the four-season maintenance and resale assumptions, rental is ₩50,000 cheaper.