Import Cost Calculator / 볼보 / 740
볼보 740 Import Cost
2 listings now · 1987–1989 · avg. 2,300cc
Landed Cost at Current Market Price
| Basis | Japan Local Price | Total Tax | Korea Landed Cost |
|---|---|---|---|
| Lowest | ¥1,395,000 | ₩3,446,066 | ₩19,739,303 |
| Average | ¥2,100,000 | ₩5,066,994 | ₩27,471,867 |
| Highest | ¥2,805,000 | ₩6,687,923 | ₩35,204,432 |
Breakdown at Average Price
| Vehicle Price | ₩18,150,422 |
|---|---|
| Ocean Freight | ₩900,000 |
| Cargo Insurance (0.3%) | ₩54,451 |
| CIF Value | ₩19,104,873 |
| Duty 8% | ₩1,528,390 |
| Excise Tax 5% | ₩1,031,663 |
| Education Tax 30% | ₩309,499 |
| VAT 10% | ₩2,197,442 |
| Emissions & Noise Certification | ₩2,500,000 |
| Registration, Inspection & Delivery | ₩800,000 |
| Korea Landed Cost | ₩27,471,867 |
Based on an exchange rate of 8.643058 KRW/JPY, and calculated for import into Korea — not the United States. There is no Korea–Japan agreement rate applicable to cars, so duty is calculated at the standard 8%. Certification assumes individual certification (₩2,500,000) and drops sharply if the same model already has a certification history. Korean acquisition tax, due at registration, is not included in this total.