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Korea Car Import Export

Cars For Sale Korea

Korea cars for sale, Korea 4WD pick-up for sale, Korea SUV for sale at Thailand, Australia, UK and Dubai largest new used car dealer and exporter

By Jack Kates

Information about Korea

Thailand  largest new and used car 4WD vigo triton exporter to KoreaOccupying the southern 45% of the Korean Peninsula in East Asia, the Republic of Korea (ROK), also known as South Korea, has an area of 98,480 sq km (38,023 sq mi), extending 642 km (399 mi) NNE–SSW and 436 km (271 mi) ESE–WNW. Comparatively, the area occupied by South Korea is slightly larger than the state of Indiana. Bounded on the N by the Democratic People's Republic of Korea (DPRK), on the E by the Sea of Japan (known in Korea as the East Sea), on the S by the Korea Strait, and on the W by the Yellow Sea, the ROK has a total land boundary length of 238 km (148 mi) and a coastline of 2,413 km (1,508 mi). A demilitarized zone (DMZ), 4,000 m (13,100 ft) wide, covering 1,262 sq km (487 sq mi) and located north and south of the 38th parallel, separates the ROK from the DPRK, which comprises the northern part of the Korean Peninsula.

People of Korea like their cars

Folks in Korea like their cars, 4WD pick-up trucks, 4WD SUVs. They want them to be of highest quality but are always on the look out for Korea Cars For Sale and Korea 4WD Pick-up trucks for sale and Korea SUV for sale. Most buyers will buy in the local market as they can touch and feel the vehicle and have it right away if they like a particular car or pickup. Many dealers in Korea offer cars, luxury cars, pick-up truck or SUVs on sale so there is always a car to be found in a person’s budget.

Read more: Cars For Sale Korea

How much it will cost to import a vehicle in Korea

How much it wil cost to import a vehicle in South Korea

Determination of Customs Value; 
- CIF price (the price of the car + insurance fee + freight rates) 

Taxes imposed on the Car; 
1) customs duty : the Value x 8% 
2) special consumption tax : (the Value + customs duty) x 7~14% depends on the engine 
3) education tax : 3) x 30% 
4) VAT : (the Value + 1 + 2 +3) x 10% 
5) Sum : 1) + 2) + 3) + 4)