Import Cost Calculator / smart / K
smart K Import Cost
6 listings now · 2002–2004 · avg. 600cc
Landed Cost at Current Market Price
| Basis | Japan Local Price | Total Tax | Korea Landed Cost |
|---|---|---|---|
| Lowest | ¥99,000 | ₩327,578 | ₩5,370,017 |
| Average | ¥406,333 | ₩819,245 | ₩8,476,928 |
| Highest | ¥690,000 | ₩1,273,050 | ₩11,344,593 |
Breakdown at Average Price
| Vehicle Price | ₩3,447,342 |
|---|---|
| Ocean Freight | ₩900,000 |
| Cargo Insurance (0.3%) | ₩10,342 |
| CIF Value | ₩4,357,684 |
| Duty 8% | ₩348,615 |
| Excise Tax 5% (exempt under 1,000cc) | ₩0 |
| Education Tax 30% | ₩0 |
| VAT 10% | ₩470,630 |
| Emissions & Noise Certification | ₩2,500,000 |
| Registration, Inspection & Delivery | ₩800,000 |
| Korea Landed Cost | ₩8,476,928 |
Based on an exchange rate of 8.484031 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.