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11-07-2006, 09:28 AM
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#1
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Registered User
Country: England
Location: London
Interests: Extreme Sports, Cars, Boats
Join Date: Aug 2005
Location: London
Posts: 503
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American Car Imports
I've seen a few people on the forum talking about american imports. Having just returned from america and seeing their much cheaper prices I have started looking into prices/process for the future. Has anyone got experience of importing from the states and knows how easy it is/how much extra you have to pay and anyway to get round some of the taxes!! Only an idea for the future at the moment, but some info would be good.
Thanks
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11-07-2006, 09:35 AM
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#2
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Registered User
Location: GOLDEN MILE
Boat name: LILY THE PINK AND TERMINATOR 11
Boat make: PHANTOM 21 AND 20
Engines: 2.5 EFI X 2
Join Date: Mar 2004
Location: GOLDEN MILE
Posts: 2,475
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Ive just imported a day van and dodge truck which will be here next week, shipping is about £800, import duty at 22% on commercials plus vat on top of everything including shipping charges.
Dont forget you've got to sva and register them as well which can add another grand.
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PLEASE DON'T STEAL...THE GOVERNMENT DON'T LIKE THE COMPETITION
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11-07-2006, 09:41 AM
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#3
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Registered User
Country: England
Location: London
Interests: Extreme Sports, Cars, Boats
Join Date: Aug 2005
Location: London
Posts: 503
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Do you know if the commercial duty import fee is on all cars or just trucks (at 22% - i think personal cars are 10%)? Was thinking that might get round the VAT if putting it as a company car on a business?
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11-07-2006, 09:49 AM
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#4
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Registered User
Location: GOLDEN MILE
Boat name: LILY THE PINK AND TERMINATOR 11
Boat make: PHANTOM 21 AND 20
Engines: 2.5 EFI X 2
Join Date: Mar 2004
Location: GOLDEN MILE
Posts: 2,475
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Cars are 10%, motor homes are 3%. Dont think there's anyway round the vat, mr Brown doesn't like to miss an opportunity to get more tax off us.
__________________
PLEASE DON'T STEAL...THE GOVERNMENT DON'T LIKE THE COMPETITION
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11-07-2006, 09:57 AM
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#5
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Registered User
Country: England
Location: London
Interests: Extreme Sports, Cars, Boats
Join Date: Aug 2005
Location: London
Posts: 503
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Could a VAT registered company (i.e. my dads) not claim that it was for company use? Therefore not pay VAT on it?
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11-07-2006, 10:09 AM
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#6
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BananaShark Member
Country: UK
Location: Salcombe South Devon
Occupation: Racer and builder
Interests: Winning races
Boat name: BananaShark
Boat make: BananaShark 34' Race
Engines: Twin Yanmar BY 260's
Join Date: Mar 2004
Location: Salcombe South Devon
Posts: 4,638
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Quote:
Originally posted by Rupert Munro
Could a VAT registered company (i.e. my dads) not claim that it was for company use? Therefore not pay VAT on it?
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You still pay the VAT - you just have to claim it back!
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Cookee
British Champions! RIB Formula 1 2005
National Speed Record Holder at 90.15 (still)
www.bananasharkracing.com
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11-07-2006, 10:38 AM
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#7
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Registered User
Country: England
Location: London
Interests: Extreme Sports, Cars, Boats
Join Date: Aug 2005
Location: London
Posts: 503
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Same difference (basically)
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12-07-2006, 09:59 PM
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#8
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Registered User
Country: Essex
Location: Great Stambridge Essex
Occupation: Director Paving company
Interests: Boating/Squash
Cruising area: Essex Marina/crouch southeast coast
Join Date: Sep 2004
Location: Great Stambridge Essex
Posts: 2,033
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Could claim vat back but truck have to be registered in company name well atleast it should be!
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12-07-2006, 10:09 PM
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#9
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Registered User
Location: GOLDEN MILE
Boat name: LILY THE PINK AND TERMINATOR 11
Boat make: PHANTOM 21 AND 20
Engines: 2.5 EFI X 2
Join Date: Mar 2004
Location: GOLDEN MILE
Posts: 2,475
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Ive just had my bill from the shipping company and basically with shipping,duty and vat its doubled what I paid in america.
In my opinion its not worth the hassle, I could have bought them over here for the same price and ive still got to register and sva them
__________________
PLEASE DON'T STEAL...THE GOVERNMENT DON'T LIKE THE COMPETITION
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12-07-2006, 10:40 PM
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#10
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Registered User
Country: UK
Location: South West
Boat make: Cyclone/ Cyclone/Rinker
Engines: Merc 2.5 efi's/300XS/5.0 v8
Join Date: Feb 2005
Location: South West
Posts: 592
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Rule of thumb seems to be what it is in Dollars same in Pounds on your drive
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12-07-2006, 11:14 PM
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#11
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Registered User
Country: England
Location: London
Interests: Extreme Sports, Cars, Boats
Join Date: Aug 2005
Location: London
Posts: 503
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Ok then, seems like something to avoid in the near future then. Well thanks for all the info.
Rupert
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