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| Vehicle purchase and Registration | |
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New vehicles |
| Because vehicle registration procedure is complicate, foreigners who purchase new cars are recommended to ask dealers to make registration on their behalf. Acquisition tax (2%), registration tax (5%) and Rail road bond (20%) are imposed on buyers. ※ Required documentation (Vehicles made in korea) -Vehicle Manufacture’s Certificate of Origin -Permit for Temporary Operation/temporary plate -Certificate of Alien Registration -Certificate of insurance |
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| Used vehicles | |
| It’s not a duty of the used car dealers to register vehicles on behalf of their customers. However, they generally provide vehicle registration service. Foreigners are recommended to go with interpreters to a vehicle registration office in their district. A fine is supposed to be imposed on the buyers if he fails to register the vehicle within 15 days from the contract date. Acquisition tax(2%), registration tax(5%) and rail road bond(6%) are imposed on the buyer. |
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| ※Required documentation | |
| Certificate of Vehicle Registration | |
| Certificate of Alien Registration | |
| Bill of Sale(Stamped with seller’s registered seal) | |
| Certificate of registered seal(in the case that the seller can’t go with the buyer to the vehicle registration office in the buyer’s district) | |
| ※Yongsan-gu : Vehicle Registration Team Transportation Administration Division (TEL 02-710-3483 4) | |
| Negligence fine when reporting of change is delayed | ||||||||||
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| Parking violation | |||||||||||
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Negligence fines will be imposed on vehicles parked on the road where parking line is not drawn. The vehicles may be even towed away. Please use parking spaces when parking. | ||||||||||
| ※ Negligence fine for parking violation | |||||||||||
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| When your vehicle is towed | ||||||||||||||||
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When a vehicle that violated parking regulation was towed, a notice is attached to the location where the vehicle was parked. The notice includes information on the location of the towed vehicle. To retrieve the vehicle, the following must be submitted: Driver’s License, Certificate of Alien Registration if the license is not Korean, towing fee (KRW 40,000-115,000, depending upon the size of the vehicle. A storage fee of KRW 700 is added every 30 minutes. In addition, one or two months later, parking violation fee of KRW 40,000-50,000 must be paid after receiving a notice sent by mail. | |||||||||||||||
| ※ Towing and storage fees | ||||||||||||||||
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| Automobile insurance | ||||||||||||||
| Procedure for becoming a member of an automobile insurance plan is almost identical for Koreans and foreigners alike. After making inquiries to insurance companies, bring passport and Certificate of Alien Registration to subscribe to an insurance. | ||||||||||||||
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| Traffic laws |
| Right lane is for driving and left lane is often used as passing lane. |
| Drivers and people seated in passenger seats must fasten their seat belts. |
| Traffic laws Korea’s traffic laws and traffic signals are identical with those in advanced industrialized countries. Korea’s traffic laws are available from http://www.dla.go.kr/eng/main.jsp. |
| ※ Necessary When serious car accidents occur |
| -Help injured people first. -Report it to the police(dial 112): if anyone is injured, call for an ambulance(dial 119) -Take the picture of the accident site and move the vehicle to the roadside. -Contact the insurance company. -Request Driver’s License to the other party and record name, telephone number, and plate number. |
| Motorcycles, scooters, and bicycles Wearing helmet is a requirement when driving two-wheeled vehicle in Korea. Otherwise, a fine has to be paid. Furthermore, all traffic regulations are applied to motorcycles, scooters, and bicycles. In general, two-wheeled vehicles cannot be driven in roads such as expressways, which are exclusively used by automobiles. Violators will be fined. |
