Damn import duty and VAT in one!

[SXS]

Was just looking into a possible purchase from the states, and although its pennies to ship a car over, you then get hit with 10% duty on cost of vehicle+shipping costs+insurance, and then the total of all that plus the 10%, you pay 17.5%!!!!

Loopholes anyone???? email please!!!!

[Parrot of Doom]

Go over there, pay in cash, under-declare true value to customs.

[mybrainhurts]

Don't they apply UK market value.......?

[pesty]

get a freind in america to send it over marked up as gift

[RichUK]

I thought that if you keep the vehicle for over twelve months, you don't pay one of the taxes. I looked into in detail to bring a car over earlier in the year, but am now looking at taking one over there instead. A google search will tell you all you need to use. I had some good quotes from shipping companies based in New York & New Jersey.

[markmullen]

I understand a few of the guys bringing jap imports in kick a few windows in and bend a couple of panels, salvage is taxed completely differently, the difference in duty / VAT paid more than pays for the cosmetic repairs to the car.

[Kinky]

You should find all you need here: www.import-car.info/

K

[LuS1fer]

The only way you can reduce this is to get an agent in the US to buy the car. He then sells you the car at a fair though lesser value. You pay tax on the value you pay and the value declared on the export documents. However, a huge undervalue and Customs will step in and value it themselves plus it's hard to insure it on marine insurance for a much higher value than you paid as "it's a bit of a giveaway".

One way is to find a seller you trust and agree a price. If you want to pay him a finder's fee before or later that's up to you. However, it's not unknown for C&E to ask to see proof of the amount you sent to the US because they want to tax everything, including shipping.

Obviously, I am not advocating doing any of this. You should bear in mind that some cars still work out pretty cheaply even when you do pay everything.

[angusfaldo]

Why should you not have to pay import taxes?

[sparkythecat]

Is it no cheaper to ship to another EU country such as Ireland and import it from there?
IIRC they were doing that with Japanese grey imports a few years ago>

[911JUS]

the last pick up truck my friend imported he had the engine removed out there and put on a palat and placed in the pick up part of the truck and imported it for parts only this i belive saved his import duty and something else cant remember what will ask him.

once he got it had the engine re fitted and bobs your uncle

J

[911JUS]

the last pick up truck my friend imported he had the engine removed out there and put on a palat and placed in the pick up part of the truck and imported it for parts only this i belive saved his import duty and something else cant remember what will ask him.

once he got it had the engine re fitted and bobs your uncle

J