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KautoBay.com

How to Buy a Used Car from Korea

Choose a Vehicle

Please send the buyer information and Encar vehicle URL through the website inquiry form or by email at [email protected]. - The exact Encar vehicle link is required in order to provide a quotation.

Vehicle Pre-Inspection

We check the vehicle history and condition through documents, contact the dealer directly for detailed information, and discuss the purchase availability and conditions with the buyer.

Get a Quotation (Proforma Invoice)

We will send you a Proforma Invoice (PI) with vehicle details, total price, and TT payment instructions.

Make Final Payment via TT

Transfer your payment to our designated foreign currency account via Telegraphic Transfer (TT).

- Final Payment represents 100% of the total purchase price, including the vehicle price, shipping cost, and handling fees.
- This payment must be completed in order to purchase the vehicle and proceed with transportation.

Export Preparation

We prepare all required export documents, including:
- Vehicle Deregistration Certificate
- Packing List
- Export Declaration Certificate

Shipment & Delivery

Your car is shipped via ocean freight. We provide the Bill of Lading (B/L) and all necessary documents for customs clearance in your country.
Shipping from Incheon Port (Republic of Korea)

Payment Information

Bank Details for TT Transfers

Please use the following details for international wire transfers.

Bank Name	Industrial Bank of Korea
SWIFT Code	IBKOKRSEXXX
Account Number	Notice will be given at the time of contract.
Account Holder	Orition Co.,Ltd
Branch Name	Bundang Migeumyeok
Bank Address	IBK FINANCE TOWER FLOOR 16 , EULJI-RO 82 , JUNG-GU, SEOUL, REPUBLIC OF KOREA

※ Please double-check the bank account number with your invoice. We never change our bank info via email.

FOB (Free On Board)

We deliver the vehicle to the port in Korea.
The buyer is responsible for ocean freight and insurance.

Vehicle delivered to Korean port
Buyer arranges shipping & insurance
Lower initial cost

CIF (Cost, Insurance & Freight)

We handle shipping and insurance to your destination port.
Hassle-free option for most buyers.

Shipping & marine insurance included
Delivered to your destination port
Peace of mind option

RORO (Roll-on/Roll-off)

Overview:
Vehicles are carefully driven onto the ship and unloaded at the destination port without the use of containers. This method is widely used for vehicle shipments.

Benefits

Cost-effective and generally faster than container shipping
Simple and straightforward loading and customs process

Considerations

Personal belongings cannot be transported inside the vehicle
Vehicles are exposed to weather during transit
Service available only at selected ports

Estimated Cost

Approximately $300 - $1,500, depending on destination and carrier

Container Shipping

Overview:
Vehicles are securely loaded into 20ft or 40ft containers for safe transportation, allowing you to ship personal belongings along with your vehicle.