Import Cost Calculator / MG / ミジェット
MG ミジェット Import Cost
4 listings now · 1962–1979 · avg. 1,398cc
Landed Cost at Current Market Price
| Basis | Japan Local Price | Total Tax | Korea Landed Cost |
|---|---|---|---|
| Lowest | ¥2,250,000 | ₩5,411,873 | ₩29,117,094 |
| Average | ¥2,802,500 | ₩6,682,175 | ₩35,177,011 |
| Highest | ¥3,980,000 | ₩9,389,469 | ₩48,092,038 |
Breakdown at Average Price
| Vehicle Price | ₩24,222,170 |
|---|---|
| Ocean Freight | ₩900,000 |
| Cargo Insurance (0.3%) | ₩72,667 |
| CIF Value | ₩25,194,837 |
| Duty 8% | ₩2,015,587 |
| Excise Tax 5% | ₩1,360,521 |
| Education Tax 30% | ₩408,156 |
| VAT 10% | ₩2,897,910 |
| Emissions & Noise Certification | ₩2,500,000 |
| Registration, Inspection & Delivery | ₩800,000 |
| Korea Landed Cost | ₩35,177,011 |
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.