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Import Cost Calculator / JW5

JW5 Import CostHonda S660

22 listings now · 2016–2022 · avg. 660cc

Landed Cost at Current Market Price

BasisJapan Local PriceTotal TaxKorea Landed Cost
Lowest¥1,404,000₩2,477,831₩18,957,785
Average¥2,138,682₩3,685,887₩26,591,667
Highest¥3,047,000₩5,179,456₩36,029,754

Breakdown at Average Price

Vehicle Price₩18,649,831
Ocean Freight₩900,000
Cargo Insurance (0.3%)₩55,949
CIF Value₩19,605,781
Duty 8%₩1,568,462
Excise Tax 5% (exempt under 1,000cc)₩0
Education Tax 30%₩0
VAT 10%₩2,117,424
Emissions & Noise Certification₩2,500,000
Registration, Inspection & Delivery₩800,000
Korea Landed Cost₩26,591,667

Based on an exchange rate of 8.720245 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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