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Import Cost Calculator / MG / F

MG F Import Cost

4 listings now · 1996–1999 · avg. 1,800cc

Landed Cost at Current Market Price

BasisJapan Local PriceTotal TaxKorea Landed Cost
Lowest¥880,000₩2,261,984₩14,090,693
Average¥1,277,250₩3,175,337₩18,447,801
Highest¥2,270,000₩5,457,857₩29,336,457

Breakdown at Average Price

Vehicle Price₩11,039,346
Ocean Freight₩900,000
Cargo Insurance (0.3%)₩33,118
CIF Value₩11,972,464
Duty 8%₩957,797
Excise Tax 5%₩646,513
Education Tax 30%₩193,954
VAT 10%₩1,377,073
Emissions & Noise Certification₩2,500,000
Registration, Inspection & Delivery₩800,000
Korea Landed Cost₩18,447,801

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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