Car Tax Calculator

Estimate annual automobile tax, age reduction, education tax, and acquisition tax for a first-pass vehicle budget.

Vehicle inputs

Passenger-car ownership tax is estimated from use, displacement, age, and purchase price.

Used only for annual automobile tax and age reduction.

Used only for the acquisition tax rate.

cc

Used for annual automobile tax when passenger car by displacement is selected.

years
KRW

30M KRW

Annual ownership tax

Annual tax and local education tax are separated so they are not confused with acquisition tax.

Base annual automobile tax₩399,600399.6K KRW
Age reduction₩00%
Automobile tax after reduction₩399,600399.6K KRW
Local education tax₩119,880Estimated as 30% of the reduced automobile tax.119.88K KRW
Estimated annual total₩519,480519.48K KRW
Half-year installment₩259,740259.74K KRW

Acquisition tax

Acquisition tax is shown separately from annual ownership tax.

Acquisition tax rate7%
Estimated acquisition tax₩2,100,0002.1M KRW
First-year reference total₩2,619,480Annual ownership tax plus acquisition tax.2.62M KRW

Notes and assumptions

Special exemptions, eco-car incentives, disability or merit exemptions, and local ordinance differences are excluded.
Reference date: 2026-04-29. Passenger-car rates follow the Local Tax Act table and public notice format available on the reference date.

About Car Tax Calculator

The Car Tax Calculator is a free, browser-based tool that estimates Korean vehicle taxes, including annual automobile tax, age-based reduction, local education tax, and acquisition tax. It runs entirely in your browser, so the figures you enter never leave your device.

It is built for anyone budgeting for a car in Korea, whether you are buying new, comparing models by engine size, or planning your yearly ownership cost. You choose private or commercial use, the vehicle type for ownership and acquisition tax, then enter displacement, vehicle age, and purchase price.

All calculations happen instantly in the browser as you type. The tool separates annual ownership tax from one-time acquisition tax, applies the age reduction once a vehicle is at least three years old (capped at 50%), adds local education tax at 30% of the reduced automobile tax for private use, and shows a half-year installment and a first-year reference total.

Results are estimates for reference only and not professional tax advice. The tool follows the Local Tax Act rate table available on the reference date and excludes special exemptions, eco-car incentives, disability or merit reductions, and local ordinance differences, so always confirm the exact amount with your local tax office.

Frequently asked questions

How is the annual automobile tax calculated?
For a passenger car taxed by displacement, it multiplies the engine displacement in cc by the applicable per-cc rate for private or commercial use, then applies any age reduction and, for private use, adds local education tax equal to 30% of the reduced automobile tax.
When does the vehicle age reduction apply?
The age reduction applies only to private passenger cars taxed by displacement that are at least three years old. It increases with each additional year and is capped at a 50% reduction.
Is the calculated amount the exact tax I will pay?
No. The numbers are first-pass estimates for planning. They do not include special exemptions, eco-car incentives, disability or merit reductions, or local ordinance differences, so check the official notice from your local tax office for the exact figure.