Import Cost Calculator / Volvo / 850
Volvo 850 Import Cost
1 listings now · 1992–1992 · avg. 2,400cc
Landed Cost at Current Market Price
| Basis | Japan Local Price | Total Tax | Korea Landed Cost |
|---|---|---|---|
| Lowest | ¥800,000 | ₩2,042,133 | ₩13,041,903 |
| Average | ¥800,000 | ₩2,042,133 | ₩13,041,903 |
| Highest | ¥800,000 | ₩2,042,133 | ₩13,041,903 |
Breakdown at Average Price
| Vehicle Price | ₩6,779,432 |
|---|---|
| Ocean Freight | ₩900,000 |
| Cargo Insurance (0.3%) | ₩20,338 |
| CIF Value | ₩7,699,770 |
| Duty 8% | ₩615,982 |
| Excise Tax 5% | ₩415,788 |
| Education Tax 30% | ₩124,736 |
| VAT 10% | ₩885,628 |
| Emissions & Noise Certification | ₩2,500,000 |
| Registration, Inspection & Delivery | ₩800,000 |
| Korea Landed Cost | ₩13,041,903 |
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.