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Import Cost Calculator / 스마트 / フォーツーK

스마트 フォーツーK Import Cost

3 listings now · 2004–2005 · avg. 600cc

Landed Cost at Current Market Price

BasisJapan Local PriceTotal TaxKorea Landed Cost
Lowest¥90,000₩315,879₩5,296,088
Average¥296,333₩652,155₩7,421,061
Highest¥550,000₩1,065,573₩10,033,516

Breakdown at Average Price

Vehicle Price₩2,561,223
Ocean Freight₩900,000
Cargo Insurance (0.3%)₩7,684
CIF Value₩3,468,907
Duty 8%₩277,513
Excise Tax 5% (exempt under 1,000cc)₩0
Education Tax 30%₩0
VAT 10%₩374,642
Emissions & Noise Certification₩2,500,000
Registration, Inspection & Delivery₩800,000
Korea Landed Cost₩7,421,061

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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