๐ Car Tax Calculator
Calculate annual Korean car tax based on engine displacement, vehicle type, and registration year.
What is Car Tax in Korea?
Car tax (jadongchase) is a local tax paid twice yearly (June & December) based on engine displacement.
From the 3rd year onwards, the tax is reduced by 5% per year, up to a maximum of 50%. Local education tax (30%) is added.
Passenger Car Rate Table
| Displacement | Rate (per cc) |
|---|---|
| Up to 1,000 cc | 80 KRW/cc |
| Up to 1,600 cc | 140 KRW/cc |
| Over 1,600 cc | 200 KRW/cc |
This calculator is an estimate for passenger cars. Commercial vehicles may differ.
Worked Examples
A 1,998 cc passenger car pays 200 ร 18 + 1,798 ร 20 = 39,560 per year in basic tax at the standard rate.
A car over three years old benefits from the age reduction, which lowers the annual amount by up to 50 % over twelve years.
How Vehicle Tax Works
Korea charges per cc on a declining scale - 80 won per cc up to 1,000, 140 up to 1,600, 200 above - plus a 30 % education surcharge in the first year of registration. The US and most of Europe tax by CO2, weight or fuel type instead, and electric vehicles pay a flat rate rather than per cc.
Frequently Asked Questions
- Is the tax paid once or every year?
- Every year, normally in two instalments in June and December, based on the vehicle held on the first day of the billing month.
- Does the age of the car reduce the tax?
- In Korea yes: after three years the rate falls by 5 % a year up to 50 %. Many European countries instead charge by CO2, where age plays no role.
- What about electric cars?
- Korea applies a flat annual amount for EVs well below the per-cc tax of a comparable petrol car, and several countries exempt them entirely.