Ford cars cost over $10,000 in Korea than in the United States

Ford Motor Co. automobiles sell as high as $13,760 more expensive in Korea than they have to be in the United States.

The contrast cost table acquired from Ford Korea and General Motors Korea reveals the newly-released GM’s muscle automobile Chevrolet Camaro SS geared up with a 6.2 liter V8 engine that produces 455 horse power is provided at 50.98 million won ($44,458) each unit in Korea, more affordable than the very same class Ford Mustang GT Premium Coupe with cost of 60.35 million won. In the United States, Chevrolet Camaro SS is available at $43,990, more costly than the exact same Ford Mustang GT Premium costing $38,740. The prices in dollar term are equivalent to 50.44 million won for the Camaro and 44.42 million won for the Mustang based on the exchange rate of 1,146.7 won per U.S. dollar as of July 4, making the gap of 15.92 million won in the price of the Mustang selling in Korea and the U.S 30 times larger than the difference of 530,000 won in the cost of Camaro in Korea and the U.S.

Prices of other Ford automobiles are also set greater in the Korean market. Ford Taurus SEL costs 39.50 million won per system, 6.63 million won greater in Korea than the cost of $28,660 (32.86 million won) in the United States. The cost of 45 million won for Ford Taurus Limited is also 6.49 million won greater in Korea compared to $33,580 (38.5 million won) in the U.S.