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Import Cost Calculator / 볼보 / 940

볼보 940 Import Cost

2 listings now · 1993–1994 · avg. 2,300cc

Landed Cost at Current Market Price

BasisJapan Local PriceTotal TaxKorea Landed Cost
Lowest¥598,000₩1,613,613₩10,997,667
Average¥674,000₩1,788,351₩11,831,249
Highest¥750,000₩1,963,090₩12,664,830

Breakdown at Average Price

Vehicle Price₩5,825,421
Ocean Freight₩900,000
Cargo Insurance (0.3%)₩17,476
CIF Value₩6,742,897
Duty 8%₩539,432
Excise Tax 5%₩364,116
Education Tax 30%₩109,235
VAT 10%₩775,568
Emissions & Noise Certification₩2,500,000
Registration, Inspection & Delivery₩800,000
Korea Landed Cost₩11,831,249

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.

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