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Honda Honda e Import Cost

26 listings now · 2020–2024

Landed Cost at Current Market Price

BasisJapan Local PriceTotal TaxKorea Landed Cost
Lowest¥1,679,000₩4,027,996₩22,515,375
Average¥2,476,346₩5,827,509₩31,099,869
Highest¥3,580,000₩8,318,322₩42,982,178

Breakdown at Average Price

Vehicle Price₩21,009,332
Ocean Freight₩900,000
Cargo Insurance (0.3%)₩63,028
CIF Value₩21,972,360
Duty 8%₩1,757,789
Excise Tax 5%₩1,186,507
Education Tax 30%₩355,952
VAT 10%₩2,527,261
Emissions & Noise Certification₩2,500,000
Registration, Inspection & Delivery₩800,000
Korea Landed Cost₩31,099,869

Based on an exchange rate of 8.484005 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.

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