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createasaurus21
Joined: 22 Feb 2009
Location: Seoul
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 Posted: Wed Jun 10, 2015 4:21 am Post subject: Sending a car from USA to Korea, post FTA any different? |
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I'm thinking of shipping a used car from the States to Korea. Most of what I've read is pre-FTA, I'm not sure if it applies. Either way, any information would be appreciated.
The car will likely be used, more than five years old. I thought I remember reading that if I'm moving to Korea, I'm officially allowed to bring one car at a reduced tax rate? |
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PRagic
Joined: 24 Feb 2006
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| Posted: Mon Jun 15, 2015 12:25 am Post subject: |
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Where are you planning to live? If in or even near a large metro area, do yourself a favor and leave the car where it is. Sell it, in fact, and bring the coin with you to help get you settled.
If you'll be in a city, especially Seoul, parking is a nightmare, insurance and gas are steep, and you will, without fail, get into more than one accident. |
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DaeguNL
Joined: 08 Sep 2009
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| Posted: Tue Jun 23, 2015 4:35 am Post subject: |
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OP. It might just be easier to leave the car/sell it and get one here.
A car can be expensive, and accidents are bound to happen.
Personally turning a 45 minute commute into a 15 minute commute is more than worth it. Not to mention not having to stand next to someone hacking up a lung, or sitting across from someone giving you the stink eye! |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Tue Jun 23, 2015 4:35 pm Post subject: Re: Sending a car from USA to Korea, post FTA any different? |
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| createasaurus21 wrote: |
I'm thinking of shipping a used car from the States to Korea. Most of what I've read is pre-FTA, I'm not sure if it applies. Either way, any information would be appreciated.
The car will likely be used, more than five years old. I thought I remember reading that if I'm moving to Korea, I'm officially allowed to bring one car at a reduced tax rate? |
I don't know specifically about Korea, but many national FTAs don't cover individuals. They only cover companies who fill out certain paperwork to get exampted from duties and taxes in places. Usually, it applies to registered businesses. So, as an individual not selling cars, you'd probably have the same fees as before I'm guessing. Also, there's an emissions test. Now, that said, importing a car if it's safer built than a local Korean car, even an American Hyundai might have some reasons. But, you will still pay for it.
You can buy used cars here cheaply. If you're Seoul, don't bother. If you're out in the provinces and rural areas, it can be useful. The only thing is Korean cars are built a little more cheaply and might have less safety features than North American made cars. That said, check www.encar.com to see prices.
Just remember Korean won differences.
IE
1570 만 (man) - won
is 15, 700, 000 won or about $15,700 assuming parity which isn't actually true between the dollar and won.
499 만
is 4, 999, 000 won or nearly $5,000.
Nothing wrong with this car, except the back passenger car door got dinged. But, pretty much like new. Low km's. If I were married or long term here and had the cash, I'd buy this doohickey myself.
http://www.encar.com/dc/dc_cardetailview.do?carid=17700370&pageid=dc_carsearch&listAdvType=normal&WT.hit=Search_국산차_목록클릭
Anyways, I bought a 3.5 million won car in 2012 and still drives well. Stay away from cars under that amount or with more than 120 or 130,000 km in my opinion. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Tue Jun 23, 2015 4:40 pm Post subject: |
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One more thing. Gas is really expensive here - like European prices expensive. In bigger cities cars move slowly, especially at traffic lights. Light turns green and it takes forever for the cars to get moving so you probably miss the light again. Over a month that's a lot of idoling and a lot of money wasted on gas. (A lot.)
My current car is LPG (also referred to as LNG). Liquified natural gas. It's cheaper even though it burns more quickly and saves me quite a bit over a month idoling and all. You can buy those cars in SK, as a regular joe, if they are more than 5 years old. New ones are only for taxi drivers and disabled people. |
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greatunknown
Joined: 04 Feb 2010
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| Posted: Tue Jun 23, 2015 7:27 pm Post subject: Re: Sending a car from USA to Korea, post FTA any different? |
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| Weigookin74 wrote: |
| createasaurus21 wrote: |
I'm thinking of shipping a used car from the States to Korea. Most of what I've read is pre-FTA, I'm not sure if it applies. Either way, any information would be appreciated.
The car will likely be used, more than five years old. I thought I remember reading that if I'm moving to Korea, I'm officially allowed to bring one car at a reduced tax rate? |
I don't know specifically about Korea, but many national FTAs don't cover individuals. They only cover companies who fill out certain paperwork to get exampted from duties and taxes in places. Usually, it applies to registered businesses. So, as an individual not selling cars, you'd probably have the same fees as before I'm guessing. Also, there's an emissions test. Now, that said, importing a car if it's safer built than a local Korean car, even an American Hyundai might have some reasons. But, you will still pay for it.
You can buy used cars here cheaply. If you're Seoul, don't bother. If you're out in the provinces and rural areas, it can be useful. The only thing is Korean cars are built a little more cheaply and might have less safety features than North American made cars. That said, check www.encar.com to see prices.
Just remember Korean won differences.
IE
1570 만 (man) - won
is 15, 700, 000 won or about $15,700 assuming parity which isn't actually true between the dollar and won.
499 만
is 4, 999, 000 won or nearly $5,000.
Nothing wrong with this car, except the back passenger car door got dinged. But, pretty much like new. Low km's. If I were married or long term here and had the cash, I'd buy this doohickey myself.
http://www.encar.com/dc/dc_cardetailview.do?carid=17700370&pageid=dc_carsearch&listAdvType=normal&WT.hit=Search_국산차_목록클릭
Anyways, I bought a 3.5 million won car in 2012 and still drives well. Stay away from cars under that amount or with more than 120 or 130,000 km in my opinion. |
The car in your link is 24 000 000 won. Hardly a cheap beater to bang around in for a year |
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Lazio
Joined: 15 Dec 2010
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| Posted: Wed Jun 24, 2015 3:42 am Post subject: |
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| Weigookin74 wrote: |
One more thing. Gas is really expensive here - like European prices expensive. In bigger cities cars move slowly, especially at traffic lights. Light turns green and it takes forever for the cars to get moving so you probably miss the light again. Over a month that's a lot of idoling and a lot of money wasted on gas. (A lot.)
My current car is LPG (also referred to as LNG). Liquified natural gas. It's cheaper even though it burns more quickly and saves me quite a bit over a month idoling and all. You can buy those cars in SK, as a regular joe, if they are more than 5 years old. New ones are only for taxi drivers and disabled people. |
I think you got things mixed up a bit.
There is LPG which is liquefied petroleum gas and there is CNG which is Compressed natural gas. They are entirely different. And there is LNG which is again a completely different thing. The first two are used as vehicle fuel in Korea the latter is not.
LPG is readily available everywhere and there is no such thing as "more than 5 years old". Anyone can buy LPG cars, brand new or 1 year old or however old it is.
CNG availability is very limited and mainly buses use it. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Thu Jun 25, 2015 2:17 am Post subject: |
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| Lazio wrote: |
| Weigookin74 wrote: |
One more thing. Gas is really expensive here - like European prices expensive. In bigger cities cars move slowly, especially at traffic lights. Light turns green and it takes forever for the cars to get moving so you probably miss the light again. Over a month that's a lot of idoling and a lot of money wasted on gas. (A lot.)
My current car is LPG (also referred to as LNG). Liquified natural gas. It's cheaper even though it burns more quickly and saves me quite a bit over a month idoling and all. You can buy those cars in SK, as a regular joe, if they are more than 5 years old. New ones are only for taxi drivers and disabled people. |
I think you got things mixed up a bit.
There is LPG which is liquefied petroleum gas and there is CNG which is Compressed natural gas. They are entirely different. And there is LNG which is again a completely different thing. The first two are used as vehicle fuel in Korea the latter is not.
LPG is readily available everywhere and there is no such thing as "more than 5 years old". Anyone can buy LPG cars, brand new or 1 year old or however old it is.
CNG availability is very limited and mainly buses use it. |
LPG cars are not driven in Canada or the USA. So, they are not available everywhere. LPG cars, when I bought mine in 2012, was restricted to Taxis and disabled people. Maybe it's changed since then. But for regular Joe to drive one, it had to be at least 5 years old. The place I bought my car and the DMV checked to make sure of this. I never mentioned CNG. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Thu Jun 25, 2015 2:21 am Post subject: Re: Sending a car from USA to Korea, post FTA any different? |
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| greatunknown wrote: |
| Weigookin74 wrote: |
| createasaurus21 wrote: |
I'm thinking of shipping a used car from the States to Korea. Most of what I've read is pre-FTA, I'm not sure if it applies. Either way, any information would be appreciated.
The car will likely be used, more than five years old. I thought I remember reading that if I'm moving to Korea, I'm officially allowed to bring one car at a reduced tax rate? |
I don't know specifically about Korea, but many national FTAs don't cover individuals. They only cover companies who fill out certain paperwork to get exampted from duties and taxes in places. Usually, it applies to registered businesses. So, as an individual not selling cars, you'd probably have the same fees as before I'm guessing. Also, there's an emissions test. Now, that said, importing a car if it's safer built than a local Korean car, even an American Hyundai might have some reasons. But, you will still pay for it.
You can buy used cars here cheaply. If you're Seoul, don't bother. If you're out in the provinces and rural areas, it can be useful. The only thing is Korean cars are built a little more cheaply and might have less safety features than North American made cars. That said, check www.encar.com to see prices.
Just remember Korean won differences.
IE
1570 만 (man) - won
is 15, 700, 000 won or about $15,700 assuming parity which isn't actually true between the dollar and won.
499 만
is 4, 999, 000 won or nearly $5,000.
Nothing wrong with this car, except the back passenger car door got dinged. But, pretty much like new. Low km's. If I were married or long term here and had the cash, I'd buy this doohickey myself.
http://www.encar.com/dc/dc_cardetailview.do?carid=17700370&pageid=dc_carsearch&listAdvType=normal&WT.hit=Search_국산차_목록클릭
Anyways, I bought a 3.5 million won car in 2012 and still drives well. Stay away from cars under that amount or with more than 120 or 130,000 km in my opinion. |
The car in your link is 24 000 000 won. Hardly a cheap beater to bang around in for a year |
Somehow, I think if a dude's going to go to the trouble of shipping his car over here, money isn't a problem to him and he's probably planning to be here for a long time. The example I gave was just that and was showing how to read the website and convert the prices.
As I just said: "If I were married or long term here and had the cash, I'd buy this doohickey myself. " I did spend 3.5 million to get something decent or at least marginally better than a ddong cha. This was in 2012. Still going strong, minus the odd repair expense. |
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Lazio
Joined: 15 Dec 2010
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| Posted: Thu Jun 25, 2015 3:09 am Post subject: |
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| Weigookin74 wrote: |
| Lazio wrote: |
| Weigookin74 wrote: |
One more thing. Gas is really expensive here - like European prices expensive. In bigger cities cars move slowly, especially at traffic lights. Light turns green and it takes forever for the cars to get moving so you probably miss the light again. Over a month that's a lot of idoling and a lot of money wasted on gas. (A lot.)
My current car is LPG (also referred to as LNG). Liquified natural gas. It's cheaper even though it burns more quickly and saves me quite a bit over a month idoling and all. You can buy those cars in SK, as a regular joe, if they are more than 5 years old. New ones are only for taxi drivers and disabled people. |
I think you got things mixed up a bit.
There is LPG which is liquefied petroleum gas and there is CNG which is Compressed natural gas. They are entirely different. And there is LNG which is again a completely different thing. The first two are used as vehicle fuel in Korea the latter is not.
LPG is readily available everywhere and there is no such thing as "more than 5 years old". Anyone can buy LPG cars, brand new or 1 year old or however old it is.
CNG availability is very limited and mainly buses use it. |
LPG cars are not driven in Canada or the USA. So, they are not available everywhere. LPG cars, when I bought mine in 2012, was restricted to Taxis and disabled people. Maybe it's changed since then. But for regular Joe to drive one, it had to be at least 5 years old. The place I bought my car and the DMV checked to make sure of this. I never mentioned CNG. |
I think it was pretty clear that I wrote about fuels in Korea, not elsewhere.
You wrote: "My current car is LPG (also referred to as LNG)" I pointed out that this statement is completely wrong and wrote about the three different fuel types, among them the CNG. It's all for clearing up things for you.
Our car is an LPG originally purchased by my wife's friend back in 2007. They are not disabled, old or poor nor they heard anything about restrictions. I also know 3 other LPG owners who bought new or under 5 years old and there was no such limitation. It was all years ago so I don't think it's a recent "change".
Maybe it was a local, city thing for you.
Edit: Is your car converted to LPG? Do you have a tank in your trunk?
An earlier post suggests that the restriction was (is) about converted cars and not those that are originally running on LPG. |
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greatunknown
Joined: 04 Feb 2010
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| Posted: Wed Jul 01, 2015 4:32 pm Post subject: Re: Sending a car from USA to Korea, post FTA any different? |
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| Weigookin74 wrote: |
| greatunknown wrote: |
| Weigookin74 wrote: |
| createasaurus21 wrote: |
I'm thinking of shipping a used car from the States to Korea. Most of what I've read is pre-FTA, I'm not sure if it applies. Either way, any information would be appreciated.
The car will likely be used, more than five years old. I thought I remember reading that if I'm moving to Korea, I'm officially allowed to bring one car at a reduced tax rate? |
I don't know specifically about Korea, but many national FTAs don't cover individuals. They only cover companies who fill out certain paperwork to get exampted from duties and taxes in places. Usually, it applies to registered businesses. So, as an individual not selling cars, you'd probably have the same fees as before I'm guessing. Also, there's an emissions test. Now, that said, importing a car if it's safer built than a local Korean car, even an American Hyundai might have some reasons. But, you will still pay for it.
You can buy used cars here cheaply. If you're Seoul, don't bother. If you're out in the provinces and rural areas, it can be useful. The only thing is Korean cars are built a little more cheaply and might have less safety features than North American made cars. That said, check www.encar.com to see prices.
Just remember Korean won differences.
IE
1570 만 (man) - won
is 15, 700, 000 won or about $15,700 assuming parity which isn't actually true between the dollar and won.
499 만
is 4, 999, 000 won or nearly $5,000.
Nothing wrong with this car, except the back passenger car door got dinged. But, pretty much like new. Low km's. If I were married or long term here and had the cash, I'd buy this doohickey myself.
http://www.encar.com/dc/dc_cardetailview.do?carid=17700370&pageid=dc_carsearch&listAdvType=normal&WT.hit=Search_국산차_목록클릭
Anyways, I bought a 3.5 million won car in 2012 and still drives well. Stay away from cars under that amount or with more than 120 or 130,000 km in my opinion. |
The car in your link is 24 000 000 won. Hardly a cheap beater to bang around in for a year |
Somehow, I think if a dude's going to go to the trouble of shipping his car over here, money isn't a problem to him and he's probably planning to be here for a long time. The example I gave was just that and was showing how to read the website and convert the prices.
As I just said: "If I were married or long term here and had the cash, I'd buy this doohickey myself. " I did spend 3.5 million to get something decent or at least marginally better than a ddong cha. This was in 2012. Still going strong, minus the odd repair expense. |
Fair enough! I thought you might have mis-read the price or something. Totally my bad.
Personally I have never understood what people are thinking when they spend a years pay on a car. My formula is 2 months pay max. If I can't buy something reliable for that then I can't afford a car. My wife, however is on my ass to finance a 20k SUV that we really dont need. :/ |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Wed Jul 01, 2015 6:02 pm Post subject: Re: Sending a car from USA to Korea, post FTA any different? |
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| greatunknown wrote: |
| Weigookin74 wrote: |
| greatunknown wrote: |
| Weigookin74 wrote: |
| createasaurus21 wrote: |
I'm thinking of shipping a used car from the States to Korea. Most of what I've read is pre-FTA, I'm not sure if it applies. Either way, any information would be appreciated.
The car will likely be used, more than five years old. I thought I remember reading that if I'm moving to Korea, I'm officially allowed to bring one car at a reduced tax rate? |
I don't know specifically about Korea, but many national FTAs don't cover individuals. They only cover companies who fill out certain paperwork to get exampted from duties and taxes in places. Usually, it applies to registered businesses. So, as an individual not selling cars, you'd probably have the same fees as before I'm guessing. Also, there's an emissions test. Now, that said, importing a car if it's safer built than a local Korean car, even an American Hyundai might have some reasons. But, you will still pay for it.
You can buy used cars here cheaply. If you're Seoul, don't bother. If you're out in the provinces and rural areas, it can be useful. The only thing is Korean cars are built a little more cheaply and might have less safety features than North American made cars. That said, check www.encar.com to see prices.
Just remember Korean won differences.
IE
1570 만 (man) - won
is 15, 700, 000 won or about $15,700 assuming parity which isn't actually true between the dollar and won.
499 만
is 4, 999, 000 won or nearly $5,000.
Nothing wrong with this car, except the back passenger car door got dinged. But, pretty much like new. Low km's. If I were married or long term here and had the cash, I'd buy this doohickey myself.
http://www.encar.com/dc/dc_cardetailview.do?carid=17700370&pageid=dc_carsearch&listAdvType=normal&WT.hit=Search_국산차_목록클릭
Anyways, I bought a 3.5 million won car in 2012 and still drives well. Stay away from cars under that amount or with more than 120 or 130,000 km in my opinion. |
The car in your link is 24 000 000 won. Hardly a cheap beater to bang around in for a year |
Somehow, I think if a dude's going to go to the trouble of shipping his car over here, money isn't a problem to him and he's probably planning to be here for a long time. The example I gave was just that and was showing how to read the website and convert the prices.
As I just said: "If I were married or long term here and had the cash, I'd buy this doohickey myself. " I did spend 3.5 million to get something decent or at least marginally better than a ddong cha. This was in 2012. Still going strong, minus the odd repair expense. |
Fair enough! I thought you might have mis-read the price or something. Totally my bad.
Personally I have never understood what people are thinking when they spend a years pay on a car. My formula is 2 months pay max. If I can't buy something reliable for that then I can't afford a car. My wife, however is on my ass to finance a 20k SUV that we really dont need. :/ |
Sorry for ya man. What's that all about? She want to impress the Kim's (or whomever her neighbors are)? |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Wed Jul 01, 2015 6:04 pm Post subject: |
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| Lazio wrote: |
| Weigookin74 wrote: |
| Lazio wrote: |
| Weigookin74 wrote: |
One more thing. Gas is really expensive here - like European prices expensive. In bigger cities cars move slowly, especially at traffic lights. Light turns green and it takes forever for the cars to get moving so you probably miss the light again. Over a month that's a lot of idoling and a lot of money wasted on gas. (A lot.)
My current car is LPG (also referred to as LNG). Liquified natural gas. It's cheaper even though it burns more quickly and saves me quite a bit over a month idoling and all. You can buy those cars in SK, as a regular joe, if they are more than 5 years old. New ones are only for taxi drivers and disabled people. |
I think you got things mixed up a bit.
There is LPG which is liquefied petroleum gas and there is CNG which is Compressed natural gas. They are entirely different. And there is LNG which is again a completely different thing. The first two are used as vehicle fuel in Korea the latter is not.
LPG is readily available everywhere and there is no such thing as "more than 5 years old". Anyone can buy LPG cars, brand new or 1 year old or however old it is.
CNG availability is very limited and mainly buses use it. |
LPG cars are not driven in Canada or the USA. So, they are not available everywhere. LPG cars, when I bought mine in 2012, was restricted to Taxis and disabled people. Maybe it's changed since then. But for regular Joe to drive one, it had to be at least 5 years old. The place I bought my car and the DMV checked to make sure of this. I never mentioned CNG. |
I think it was pretty clear that I wrote about fuels in Korea, not elsewhere.
You wrote: "My current car is LPG (also referred to as LNG)" I pointed out that this statement is completely wrong and wrote about the three different fuel types, among them the CNG. It's all for clearing up things for you.
Our car is an LPG originally purchased by my wife's friend back in 2007. They are not disabled, old or poor nor they heard anything about restrictions. I also know 3 other LPG owners who bought new or under 5 years old and there was no such limitation. It was all years ago so I don't think it's a recent "change".
Maybe it was a local, city thing for you.
Edit: Is your car converted to LPG? Do you have a tank in your trunk?
An earlier post suggests that the restriction was (is) about converted cars and not those that are originally running on LPG. |
Nope was always an LPG. Not a reconverted tank. It's what the dealer and DMV told me about the 5 year rule. I still think most Koreans drive gasoline engines however. |
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