RH1 Import CostHonda S-MX
16 listings now · 1997–2001 · avg. 1,998cc
Landed Cost at Current Market Price
| Basis | Japan Local Price | Total Tax | Korea Landed Cost |
|---|---|---|---|
| Lowest | ¥450,000 | ₩1,280,129 | ₩9,406,796 |
| Average | ¥921,125 | ₩2,370,449 | ₩14,608,118 |
| Highest | ¥1,550,000 | ₩3,825,848 | ₩21,551,034 |
Breakdown at Average Price
| Vehicle Price | ₩8,013,628 |
|---|---|
| Ocean Freight | ₩900,000 |
| Cargo Insurance (0.3%) | ₩24,041 |
| CIF Value | ₩8,937,669 |
| Duty 8% | ₩715,014 |
| Excise Tax 5% | ₩482,634 |
| Education Tax 30% | ₩144,790 |
| VAT 10% | ₩1,028,011 |
| Emissions & Noise Certification | ₩2,500,000 |
| Registration, Inspection & Delivery | ₩800,000 |
| Korea Landed Cost | ₩14,608,118 |
Based on an exchange rate of 8.699827 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.