Import Cost Calculator / MG / ミジェット
MG ミジェット Import Cost
3 listings now · 1978–1979 · avg. 1,500cc
Landed Cost at Current Market Price
| Basis | Japan Local Price | Total Tax | Korea Landed Cost |
|---|---|---|---|
| Lowest | ¥2,250,000 | ₩5,316,689 | ₩28,663,026 |
| Average | ¥2,276,667 | ₩5,376,874 | ₩28,950,133 |
| Highest | ¥2,300,000 | ₩5,429,534 | ₩29,201,345 |
Breakdown at Average Price
| Vehicle Price | ₩19,315,313 |
|---|---|
| Ocean Freight | ₩900,000 |
| Cargo Insurance (0.3%) | ₩57,946 |
| CIF Value | ₩20,273,259 |
| Duty 8% | ₩1,621,861 |
| Excise Tax 5% | ₩1,094,756 |
| Education Tax 30% | ₩328,427 |
| VAT 10% | ₩2,331,830 |
| Emissions & Noise Certification | ₩2,500,000 |
| Registration, Inspection & Delivery | ₩800,000 |
| Korea Landed Cost | ₩28,950,133 |
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.