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Korea Car Tax Calculator

Annual tax, the June/December bills and the January prepayment discount.

Korean car tax (passenger cars)

cc
yrs

Annual car tax incl. education tax

₩493,506

₩246,753 in June and December

Base tax
₩399,600
Age reduction (5%)
−₩19,980
Car tax
₩379,620
Education tax (30%)
₩113,886
Total
₩493,506
Paid in full in January (≈4.6% off)
₩470,927 (−₩22,579)

Non-commercial cars: ₩80/cc up to 1,000cc, ₩140 up to 1,600cc, ₩200 above; EVs ₩100,000. 5% off per year from year 3, up to 50%.

CarNewYear 6Year 12+
경차 998cc₩103,792₩83,033₩51,896
소형 1,598cc₩290,836₩232,668₩145,418
중형 1,999cc₩519,740₩415,792₩259,870
대형 2,497cc₩649,220₩519,376₩324,610
대형 3,342cc₩868,920₩695,136₩434,460

FAQ

How much is the EV car tax?

₩100,000 plus ₩30,000 education tax a year.

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