Vehicles
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Purchase and Registration of Vehicles
New Vehicles
As the vehicle registration procedure is fairly complex, foreign residents purchasing a new car are recommended to ask the dealer to handle the registration. The acquisition tax (2%), registration tax (5%) and urban railway bond (20%) shall be imposed on the vehicle purchaser.
Required Documents
- Automobile Manufacturing Certificate issued by the manufacturer of the vehicle
- Temporary driving permit and temporary driving permit license plate
- Alien Registration Card
- Insurance Certificate
Used vehicles
Used car dealers are not obliged to handle vehicle registration work for the customer. It is common practice, however, for the dealer to register the vehicle for the customer. Foreign residents are recommended to visit their local vehicle registration center accompanied by an interpreter. If the vehicle is not registered within 15 days of signing the contract, the transferee of the vehicle shall be subject to a fine. Acquisition tax (2%), registration tax (5%) and urban railway bond (6%) shall be imposed on the transferee.
Required Documents
- Vehicle Registration Card
- Alien Registration Card
- Bill of Sale (With the transferee’s seal impression)
- Seal Registration Card (When the transferor does not accompany the transferee to the transferee’s local vehicle registration center)
Yongsan-gu: Vehicle Registration Team at the Transportation Administration Division (Tel 02-2199-7780)
Failing to report changes on time will result in a fine.
Type of Violation | Violation Period and Frequency | Fine |
---|---|---|
Failure to repot various changes including address, name, registration number, and change of nationality | 15-90 days | KRW 20,000 |
Additional KRW 10,000 imposed every three days for unpaid fines | Up to KRW 300,000 | |
Committing the same type of violation twice or more | Up to 450,000 |
Parking Violation
Parking on a road with no marked parking lines will result in a fine. The vehicle may even be towed. When parking, use a parking space with marked parking lines.
※ Parking violation fines
Type of Vehicle | Fine |
---|---|
Bus | KRW 50,000 |
Car | KRW 40,000 |
Motorcycle | KRW 30,000 |
Bicycle, etc. | KRW 20,000 |
When Vehicle Is Towed
When a vehicle that has violated a parking law has been towed, a notice will be attached to the location where the vehicle was parked. The notice includes a guide to where the towed vehicle is located. To get your vehicle back, you must provide your driver’s license (non-Koreans should also have an Alien Registration Card) and a towing fee. Towing fees can range from KRW 40,000-115,000; this is subject to change depending on the size of the car. KRW 700 will be added every 30 minutes as a storage fee. Also, the bill will be sent via mail within 1-2 months. You must also pay a parking violation fine of KRW 40,000-50,000.).
※ Towing Fee & Storage Fee
Compact Car | Small | Medium | Large | ||
---|---|---|---|---|---|
Towing Fee | Car | KRW 40,000 | KRW 45,000 | KRW 50,000 | KRW 60,000 |
Van | KRW 40,000 | KRW 60,000 | KRW 80,000 | KRW 140,000 | |
Truck |
2.5 tons or less
KRW 40,000 |
2.5-6.5 tons
KRW 60,000 |
6.5-10 tons
KRW 80,000 |
10 tons or more
KRW 140,000 |
|
Storage Fee | Can, Van/Truck (Under 6.5 tons) | KRW 700/30min | |||
Van/Truck (6.5 tons or more) | KRW 1,200/30min |
Automobile Insurance
The automobile insurance enrollment procedure is almost exactly the same for foreign residents as it is for Korean nationals. After you have selected an insurance company, bring your passport and Alien Registration Card to enrol in an insurance plan.
Insurance Company | Telephone |
---|---|
MG Non-life Insurance | 1588-5959 |
Lotte Non-life Insurance | 02-778-8572 |
Dongbu Insurance | 1588-0100 |
KB Insurance | 1544-0114 |
Samsung Fire & Marine Insurance | 1588-5114 |
Hanwha General Insurance | 1566-8000 |
Traffic laws
- The right lane is the inside lane and the left lane is the passing lane.
- Passengers seated in the driver’s seat or the passenger’s seat must wear their seatbelts.
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Traffic laws
Traffic laws and traffic signs in South Korea are identical to those used in other advanced countries.
View South Korea’s traffic laws at https://www.koroad.or.kr/kp_web/accStatLaw.do .How to Respond to an Automobile Accident
- First, help the injured.
- Report to the police (Call 112): If someone is injured, call an ambulance (Call 119).
- Photograph the accident site and move the vehicle to the shoulder or the edge of the road.
- Call the insurance company.
- Ask for the other driver’s license, and record his or her name, phone number and license plate number.
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Motorcycle, scooter, bicycle
When driving a two-wheeled vehicle in South Korea, you must wear a helmet. If you violate this law, a fine will be imposed. All traffic laws for cars also apply to motorcycles, scooters and bicycles. In general, a two-wheeled vehicle cannot be driven on the highway, which is reserved for the exclusive use of automobiles. Violation of this law will result in a fine.