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Korean Annual Car Tax

Estimate Korean annual car tax from displacement and age, including education tax and age reduction.

Annual car tax

Annual total
291,200KRW

Half-year (Jun/Dec) 145,600 KRW

Car tax (before reduction)
224,000 KRW
Car tax
224,000 KRW
Local education tax (30%)
67,200 KRW

Non-commercial passenger. Per cc: ≤1000 80, ≤1600 140, >1600 200 KRW + 30% education tax. 5%/year reduction from year 3 (max 50%). ~7% extra discount for annual prepayment.

What this tool does

The Korean annual car tax calculator computes the yearly tax from engine displacement and vehicle age. It applies per-cc rates (≤1000cc 80, ≤1600cc 140, >1600cc 200 KRW) plus 30% education tax, age reduction (5%/year from year 3, up to 50%), and a flat EV rate (KRW 130K). It also shows the half-year payments due in June and December.

Who uses this

  • Check annual car tax on your vehicle
  • Compare ownership cost before buying
  • See age-based tax reduction
  • Check EV car tax
  • See base tax before the annual prepayment discount

How to use

  1. 1Enter displacement (cc), shown on the vehicle registration.
  2. 2Enter vehicle age (years); reduction applies from year 3.
  3. 3Check the EV box for the flat KRW 130K rate. See the annual total and half-year payments.

Car tax formula (non-commercial passenger)

Car tax = displacement × per-cc rate ≤1000cc: 80, ≤1600cc: 140, >1600cc: 200 KRW Education tax = car tax × 30% Annual total = car tax + education tax Age reduction: 5%/year from year 3, max 50% (year 12+) EV: flat KRW 130K (non-commercial passenger) e.g. 1600cc = 1600 × 140 = 224,000 + edu 67,200 = 291,200 KRW

Real examples

Example 1: 1600cc new car

1600 × 140 = 224,000 + 30% edu 67,200 = 291,200 KRW/year. ~145,600 each in June and December.

Example 2: 2000cc, 5 years old

2000 × 200 = 400K base. 15% age reduction at year 5 → ~340K + edu. Older = less tax.

Example 3: EV

Flat KRW 130K regardless of displacement + 39,000 edu = 169K/year. Far cheaper than a large gas car.

Frequently asked questions

Why is car tax based on displacement?+

Current car tax uses displacement (cc) as the base. Larger displacement = higher per-cc rate = more tax. Since it's not price-based, an expensive small car can pay less than a large one.

How does age reduction work?+

From year 3 after registration, 5% reduction per year, reaching up to 50% at year 12. Older cars carry a lighter tax.

Is there a prepayment discount?+

Yes. Paying the full year in January gives ~7% off (2024 basis, shrinking yearly). This calculator shows the base before discount.

Why is EV tax flat?+

EVs have no displacement, so a flat KRW 130K applies (non-commercial passenger). Far below a large gas car (2000cc 400K+) — one of the EV ownership perks.

What is the education tax?+

A surtax on car tax — 30% goes to regional education funding. It's combined on the car tax bill.

When do I pay car tax?+

Twice a year — June (Jan-Jun) and December (Jul-Dec) in halves. With annual prepayment in January you pay the discounted full year at once.

Cautions

  • •Non-commercial passenger basis. Commercial/van/cargo use a different system.
  • •Prepayment discount (~7%) not included — base tax shown.
  • •EV flat rate is KRW 130K for non-commercial passenger.
  • •Age reduction starts from year 3 after registration.
  • •30% education tax is added to car tax.

Last reviewed: 2026-05-30

Korean Annual Car Tax Calculator