Import Cost Calculator / Volvo / 960
Volvo 960 Import Cost
1 listings now · 1997–1997 · avg. 2,900cc
Landed Cost at Current Market Price
| Basis | Japan Local Price | Total Tax | Korea Landed Cost |
|---|---|---|---|
| Lowest | ¥1,380,000 | ₩3,349,624 | ₩19,279,227 |
| Average | ¥1,380,000 | ₩3,349,624 | ₩19,279,227 |
| Highest | ¥1,380,000 | ₩3,349,624 | ₩19,279,227 |
Breakdown at Average Price
| Vehicle Price | ₩11,694,520 |
|---|---|
| Ocean Freight | ₩900,000 |
| Cargo Insurance (0.3%) | ₩35,084 |
| CIF Value | ₩12,629,604 |
| Duty 8% | ₩1,010,368 |
| Excise Tax 5% | ₩681,999 |
| Education Tax 30% | ₩204,600 |
| VAT 10% | ₩1,452,657 |
| Emissions & Noise Certification | ₩2,500,000 |
| Registration, Inspection & Delivery | ₩800,000 |
| Korea Landed Cost | ₩19,279,227 |
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.