Automotive Β· π°π· Korea
Korean Car Acquisition Tax Calculator
Korean car acquisition tax: 7% rate, education surcharge, local bond, EV discount.
About this tool
Korean Vehicle Registration Tax Calculator computes acquisition tax (passenger 7% / compact 4% / commercial 5%) + 30% local education surtax + region-specific urban-development bond cost (purchase + immediate resale). Toggle EV/H2 (up to 1.4M KRW relief), compact (75M cap + 4% flat), and multi-child relief (per local ordinance). Cross-check the result against your dealer quote or used-car invoice β gives you the legal tax + bond net cost separately from dealer add-ons (delivery / plate / registration agency).
Use cases
Scenario 1
New Sonata 7%
New Sonata 28M: tax 1.96M + surtax 588k + Seoul bond net = total registration cost.
Scenario 2
Ioniq 5 EV relief
Toggle EV relief up to 1.4M; over the cap, regular rates apply.
Scenario 3
Compact Morning 4%
Compact <1,000cc auto-applies 4% flat + 750k cap relief.
Scenario 4
Used-car standard price
Used cars use the gov standard price (not actual purchase price). Tool links to WeTax lookup.
Scenario 5
Bond immediate resale
Auto-compute net cost from the 8~17% bond resale discount β see exactly how much the bond costs you net.
Features
- Auto split: passenger 7% / compact 4% / commercial 5% / EV flat
- Auto 30% local education surtax
- Region-specific bond purchase / discount rates
- EV 1.4M / compact 750k / multi-child relief toggles
- In-browser β inputs never leave device
Frequently asked
- Q. Must I buy the bond?
- A. Required, but you can immediately resell at 8~17% discount. The tool shows the net cost.
- Q. How much EV relief?
- A. Up to 1.4M (sunset clause). Over-cap: regular rates.
- Q. Compact car benefit?
- A. Cars <1,000cc: 750k cap relief + 4% flat. Multi-child stacking depends on local ordinance.
- Q. Same rate for used?
- A. Same rate; standard price (with depreciation) replaces purchase price. Lookup on WeTax.
- Q. Why does dealer quote differ?
- A. Dealers bundle delivery / plate / registration-agency fees. The tool computes only legal tax + net bond.
Sources / references
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How we run it / disclaimer
This tool is advisory and does not constitute legal, tax, medical, or financial advice. All calculations and document generation run in your browser; inputs are never sent to a server. Ads follow Google AdSense policy and are kept separate from tool accuracy.