Import Cost Calculator / MG / B
MG B Import Cost
9 listings now · 1970–1982 · avg. 1,798cc
Landed Cost at Current Market Price
| Basis | Japan Local Price | Total Tax | Korea Landed Cost |
|---|---|---|---|
| Lowest | ¥1,590,000 | ₩3,894,408 | ₩21,878,098 |
| Average | ¥2,487,667 | ₩5,958,314 | ₩31,723,867 |
| Highest | ¥3,480,000 | ₩8,239,875 | ₩42,607,950 |
Breakdown at Average Price
| Vehicle Price | ₩21,501,050 |
|---|---|
| Ocean Freight | ₩900,000 |
| Cargo Insurance (0.3%) | ₩64,503 |
| CIF Value | ₩22,465,553 |
| Duty 8% | ₩1,797,244 |
| Excise Tax 5% | ₩1,213,140 |
| Education Tax 30% | ₩363,942 |
| VAT 10% | ₩2,583,988 |
| Emissions & Noise Certification | ₩2,500,000 |
| Registration, Inspection & Delivery | ₩800,000 |
| Korea Landed Cost | ₩31,723,867 |
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.