Import Cost Calculator / Toyota / Ipsum
Toyota Ipsum Import Cost
5 listings now · 2000–2006 · avg. 2,360cc
Landed Cost at Current Market Price
| Basis | Japan Local Price | Total Tax | Korea Landed Cost |
|---|---|---|---|
| Lowest | ¥350,000 | ₩1,028,608 | ₩8,206,927 |
| Average | ¥640,800 | ₩1,684,910 | ₩11,337,787 |
| Highest | ¥1,150,000 | ₩2,834,116 | ₩16,820,021 |
Breakdown at Average Price
| Vehicle Price | ₩5,436,567 |
|---|---|
| Ocean Freight | ₩900,000 |
| Cargo Insurance (0.3%) | ₩16,310 |
| CIF Value | ₩6,352,877 |
| Duty 8% | ₩508,230 |
| Excise Tax 5% | ₩343,055 |
| Education Tax 30% | ₩102,917 |
| VAT 10% | ₩730,708 |
| Emissions & Noise Certification | ₩2,500,000 |
| Registration, Inspection & Delivery | ₩800,000 |
| Korea Landed Cost | ₩11,337,787 |
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.