Import Cost Calculator / Volvo / 240
Volvo 240 Import Cost
17 listings now · 1975–1994 · avg. 2,266cc
Landed Cost at Current Market Price
| Basis | Japan Local Price | Total Tax | Korea Landed Cost |
|---|---|---|---|
| Lowest | ¥1,180,000 | ₩2,898,765 | ₩17,128,426 |
| Average | ¥2,222,471 | ₩5,248,801 | ₩28,339,166 |
| Highest | ¥3,350,000 | ₩7,790,582 | ₩40,464,621 |
Breakdown at Average Price
| Vehicle Price | ₩18,833,864 |
|---|---|
| Ocean Freight | ₩900,000 |
| Cargo Insurance (0.3%) | ₩56,502 |
| CIF Value | ₩19,790,365 |
| Duty 8% | ₩1,583,229 |
| Excise Tax 5% | ₩1,068,680 |
| Education Tax 30% | ₩320,604 |
| VAT 10% | ₩2,276,288 |
| Emissions & Noise Certification | ₩2,500,000 |
| Registration, Inspection & Delivery | ₩800,000 |
| Korea Landed Cost | ₩28,339,166 |
Based on an exchange rate of 8.47429 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%. American and European brands shipped from Japan are also dutied at 8%, because the direct-consignment rule bars the FTA 0% rate. 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.