Let’s see how to easily check the vehicle value. It is very important to know how much your vehicle is currently worth.
In the case of public officials, when registering a property in the Public Service Ethics System, you may need to enter the current vehicle value, and when applying for a national rental apartment, there is a column to inquire the vehicle value and sign up as one of the required documents. Or, in some cases, to apply for public housing or work incentives, or to buy car insurance and sell used cars. 차량가액 조회
For these various reasons, the vehicle value is inquired. Currently, there are several institutions in Korea that can inquire the vehicle value. You shouldn’t search anywhere, and if you enter the wrong amount, there may be a misfortune falling out of the required application. 좋은뉴스
index
1. What is vehicle value?
2. A site that calculates the value of a vehicle
3. Benefits of checking vehicle value
– Criteria for calculating car insurance premiums
– Criteria for calculating acquisition tax
– Possible to detect false property only with vehicle value
4. Follow the Vehicle Value Inquiry at the National Tax Service
Other posts in the ‘know-how’ category
1. What is vehicle value?
Vehicle value, which is the most basic criterion for indicating the value of a car, is the value of the vehicle designated by the country, not by an individual, expressed in terms of money. It is also called the vehicle market value standard, and it refers to the value of the vehicle based on the current price calculation.
The vehicle value is the amount calculated by applying the depreciation rate according to the model year after each year, based on the new vehicle’s factory price and the factory year, to calculate the value of the vehicle at the current point in time.
In other words, income or property conditions are also included when applying for various housing such as happy houses or national rental apartments, but the car value is checked because the car owned by the state of the asset condition is also considered an asset.
2. A site that calculates the value of a vehicle
There are three official places to calculate or inquire the vehicle value: the National Tax Service Home Tex, the Insurance Development Institute homepage, and the welfare road site. You can check the amount by visiting the Internet website and entering simple vehicle information.
Since three locations are operated in the country, you can know the authorized amount, but there may be a slight difference in the amount when looking up the vehicle value for each site. In this case, you can calculate the average value by comparing the amounts in all three places, or you can enter the amount in one place.
https://www.hometax.go.kr/websquare/websquare.wq?w2xPath=/ui/pp/index_pp.xml
National Tax Service Home Tax
www.hometax.go.kr
https://www.kidi.or.kr/user/car/carprice.do
Insurance Development Institute > Notice Square > Vehicle Standard Value > Domestic/Overseas > Domestic
home Notice Square Notice Square Add to Favorites Print
www.kidi.or.kr
https://www.bokjiro.go.kr/nwel/welfareinfo/carsprcthpuban/selectCarsPrcthPubanPopup.do
Standard value of social security vehicle – Welfare road
www.bokjiro.go.kr
3. Benefits of checking vehicle value
– Criteria for calculating car insurance premiums
Auto insurance, which is compulsory after purchasing a car and must be renewed every year, includes a part of the cost of maintaining the car. As the amount varies widely depending on insurance subscription history, age, vehicle type, and whether or not there has been an accident, the amount to be borne increases depending on the situation, so you can never ignore car insurance premiums.
When calculating car insurance premiums, insurance premiums are set based on the vehicle value set by the Insurance Development Institute. The insurance premium is calculated based on the new car price, not the current market price of the used car, and the amount applied only by the rate of change according to the model year.
– Criteria for calculating acquisition tax
The employment registration tax to be paid when purchasing or changing the name of a car is 7% of the car value based on used cars. However, the value of the car means 7% of the value of the car, not the amount that was actually traded.
Even if the purchase price is very cheap due to an individual transaction or a transaction between family members and acquaintances rather than the used car market, the employment registration tax is 7% of the vehicle value, not the transaction price. It is worth noting that no matter how low the car is traded, the registration tax is levied based on the car value.
– Possible to detect false property only with vehicle value
It is also useful information to identify fake products when purchasing a used car. If you look at used car fake listing sites, you can easily find vehicles that are close to new or luxury imported cars advertised at ridiculously low prices.
If you know a little bit about used cars, you can judge whether it is a fake sale just by looking at the price, but in the case of beginners, there are cases where you call just in case and go to buy a car and regret it. In this case, if you look up the vehicle value in advance with the vehicle model and year, you can check what the minimum value of this vehicle is, making it possible to determine whether it is a fake sale.
4. Follow the Vehicle Value Inquiry at the National Tax Service
Let’s look at the vehicle value at the IRS Hometex, which is the most popular and convenient to do. It’s very easy to do and takes less than a minute. If you know the type, year, and model of your car, it is very easy to look up the preparations, so you can do it comfortably if you have a car registration certificate.
After accessing the National Tax Service Hometex, click ‘Inquiry/Issuance’ click ‘Vehicle Value Inquiry’ at the bottom left corner.
Just enter your vehicle name and click Search. In my case, I entered Santa Fe. Then, various types of Santa Fe are searched, and you look for the model number of your vehicle registration certificate.
If you look at the vehicle registration certificate, the model number is written as ‘model and year’ in the upper right corner.
In my case, the model number of the vehicle registration certificate is CM7UBD, so enter this model number and click Search.
And if you enter the year of manufacture in the basics, the current vehicle value is calculated by calculating depreciation.
This method of car value is very simple, so anyone can do it and it does not require a login.