Import Cost Calculator / MG / B
MG B Import Cost
11 listings now · 1964–1981 · avg. 1,798cc
Landed Cost at Current Market Price
| Basis | Japan Local Price | Total Tax | Korea Landed Cost |
|---|---|---|---|
| Lowest | ¥1,780,000 | ₩4,225,922 | ₩23,459,568 |
| Average | ¥2,941,727 | ₩6,828,206 | ₩35,873,646 |
| Highest | ¥4,380,000 | ₩10,049,956 | ₩51,242,862 |
Breakdown at Average Price
| Vehicle Price | ₩24,771,127 |
|---|---|
| Ocean Freight | ₩900,000 |
| Cargo Insurance (0.3%) | ₩74,313 |
| CIF Value | ₩25,745,440 |
| Duty 8% | ₩2,059,635 |
| Excise Tax 5% | ₩1,390,254 |
| Education Tax 30% | ₩417,076 |
| VAT 10% | ₩2,961,241 |
| Emissions & Noise Certification | ₩2,500,000 |
| Registration, Inspection & Delivery | ₩800,000 |
| Korea Landed Cost | ₩35,873,646 |
Based on an exchange rate of 8.420607 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.