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Price of New Car

 
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suwonsi



Joined: 25 Oct 2010
Location: SUWON

PostPosted: Sun Oct 16, 2011 4:18 pm    Post subject: Price of New Car Reply with quote

How much does it cost to buy a new car in korea, for example an Auto Transmission Avante or Kia Soul or something entry level car. Thanks
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warmachinenkorea



Joined: 12 Oct 2008

PostPosted: Sun Oct 16, 2011 4:45 pm    Post subject: Reply with quote

I have an idea. Find a dealership and walk by the window. They put prices on the top of the car on a thing that looks like a name plate.
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eamo



Joined: 08 Mar 2003
Location: Shepherd's Bush, 1964.

PostPosted: Sun Oct 16, 2011 5:46 pm    Post subject: Reply with quote

Base-model Avante or Soul start at around 15,000,000.

You can get brand new Kia Morning or Chevrolet Spark for as little as 8,500,000.
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Lazio



Joined: 15 Dec 2010

PostPosted: Sun Oct 16, 2011 7:16 pm    Post subject: Reply with quote

Google is your friend:
http://avante.hyundai.com/index.html

Manual Avante without any added extras costs 13.4 mil. The automatic transmission will add 1.5 mil to the price already. Fully loaded one can go over 20 mil easily. Perhaps 22-23 I believe.

The SM3 is a bit cheaper. FIL low payed 15 for an auto transmission one with a couple of extras and navigation as well.
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big_fella1



Joined: 08 Dec 2005

PostPosted: Mon Oct 17, 2011 6:01 pm    Post subject: Reply with quote

Car prices vary, but most car dealers forget to mention the 2% acquisition tax.

Realistically you are looking at over 10,000,000 for a Morning or a Spark, and they are exempt from the acquisition tax. We were looking at about w15,000,000 for a Chevrolet Aveo or w16,000,000 for a Kia Soul.

Also if you don't have cash you can forget it, finance is only available to Koreans regardless of your Korean credit history, job, visa status or assets.

Actually Mercedes Benz, Orix and possibly KT Capital aren't racist, but you won't be getting 3.9% finance either.
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