Korean Annual Car Tax
Estimate Korean annual car tax from displacement and age, including education tax and age reduction.
Annual car tax
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 100K; 130K incl. education tax). 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
- 1Enter displacement (cc), shown on the vehicle registration.
- 2Enter vehicle age (years); reduction applies from year 3.
- 3Check the EV box for the flat KRW 100K rate (KRW 130K incl. education tax). 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 100K (non-commercial passenger) + 30K education tax = 130K, no age reduction 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 100K regardless of displacement + 30,000 edu = 130K/year. No age reduction applies. 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 100K applies (non-commercial passenger; KRW 130K incl. education tax). 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 100K for non-commercial passenger (130K incl. education tax), with no age reduction.
- •Age reduction starts from year 3 after registration.
- •30% education tax is added to car tax.
Legal basis & standards
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Last reviewed: 2026-09-30