Importing a NEW Car

[Porn Star]

Hey, anyone know what are the costs involved in bringing in a New Car?

Customs duty = 0.35 x CIF Value of Car
MVT = $15 per cc
VAT

What else am I not considering?

[jm3]

thanks for that bit so far pornstar i have no idea of the costs when the car gets here. now i can go get a closer budget lol thanks

[sharkman121]

Awaiting my life sentence.

u gettin married awa?

[Zim]

Depends on wah u lookin at. PM me som info & I can see wah I cud find out 4 u

[Porn Star]

Awaiting my life sentence.

u gettin married awa?

Got married actually.
Location fixed.

[~Vēġó~]

was wondering myself.....as well as whether the local dealer would service vehicle or do I need to contact the manufacturer and ask that they strongly suggest to the dealer that they honour all warranty/servicing....

[X2]

best bet IMO is to call a broker. I have a good one if you want, call me.

$15 per cc is not for all displacements. As displacement rises, so does cost per CC. Surpassing 3.0L, you better bring a calculator and a financial advisor.

I self don't know the details and would be interested to find out... particularly in how a dealer would handle the warranty issues.

[jm3]

I went to vw already to ask about bringing down one of the new sciroccos they told me they would not honour the warranty but they would order it in and service it.
i only have a budget of 250-300k for the car so everything for it must be below that all the cars i really wanted are out of my budget and the others that are within are too old providing that the 5 year rule is real

[jm3]

x2 ill contact you when im ready to buy i have to sell my cars first lol

[~Vēġó~]

why de arse dey can't honour the warranty? I'm sure the parent company may not be too pleased about that.....or maybe not

[Mr Gear]

Really quickly, the reason that most new car dealers would not honor the warranty is financial and technical.

Financial - When a warranty job is performed the labour rate that is paid by the manufacturer to the local dealer is well below the dealer's regular labour rate to the public for example. John Doe off the street is charged US$60.00 per hour to change a part, the labour rate paid by the manufacturer to change the same part under warranty is US$25.00 or less.

Financial - The cost of the part changed may actually cost the dealer US$100.00 to import yet the manufacturer using some special magic calculation decides that the cost they are willing to cover for the cost of the part is US$85.00. Even if the dealer proves using documentation that the taxes and other costs exceeds their figure, the manufacturer sticks to the amount of US$85.00

In both cases above the dealer is forced to absorb some of the costs associated with handling warranty jobs. THe dealers do it to keep the reputation of the brand they represent in the market. They are willing to do it for the cars they sell because they would have made a profit from the sale and some of that profit is allocated to covering the gap between the actual cost of a warranty repair and the cost refunded by the manufacturer. So when you bring in your car directly and they have made no profit to cover the gap, they logically and justifiably IMHO deny to cover the warranty. Would you do this in your business ? Thats like your neighbor getting the pleasure of getting his woman pregnant yet sending her by you for money to buy milk for the child. What the hell that have to do with you !?

Technical - Sometimes when a new car is constructed, special tools are required to remove and replace certain parts. These special tools are only sold by the vehicle manufacturer and are always expensive. In most cases the local dealer will not be able to recover the costs of all the special tools required to properly service your one off vehicle at a reasonable costs. Therefore they will decline to service your one off imported model even if it is the same brand.

Technical - Special training is required to work on each new model and model year variants. Without the knowledge there is a risk that a procedure used on last year's variant may cause damage to this year's variant. Therefore when your one off model appears in their garage it is more risk to them to service your vehicle than the amount of money they could earn from the service job. The logical thing to do is decline to service your one off import.

Technical - All modern cars have significant electronics that require diagnostic tools and programs for those tools. The cost of these are not going to be covered by the services you take at the local dealership based on economies of scale alone.

[SmokeyGTi]

if the dealer sells you a car they should honour the warranty. I'm sure that there is a minimum level of warranty that the manufacturer expects all authorised dealers to honour. simple as that.

why the hell would you sell a vehicle and not have enough confidence in it to believe that it shouldn't have any problems or develop any to the point where honouring the warranty results in a big loss?

if yuh selling it, even if is one alone on a special order you bringing in for someone, you shoudl honour the warranty.

[MBC Autotronix]

there are small misc fees such as beauro of standards, brokage fees, port rent (if necessary) etc.

what size is he engine? it would determine the duty and MTV

[acesinghit]

besides CIF, mvt and vat, what about the:

broker's fees,
licensing and registration,
number plate,
gas for the car,
clean and detail/PDI

when you add that up let me know, Im interested in seeing the cost vs buying in a local showroom.

[sharkman121]

any more info on this.. searching the net with few results.

[~Vēġó~]

good read info there sasman.....

[White CZ4A]

I've imported a brand new car out of Germany and the firm here honored the warranty.
However, this was back in 2003. Not sure what their stance on this type of situation is now.

[brams112]

talk to a customs broker who is in the business of clearing cars nah,,it cost much cheaper to bring in a vehicle yourself,it is just a little patience and stress going through the proper channels here,,,

[acesinghit]

I've imported a brand new car out of Germany and the firm here honored the warranty.
However, this was back in 2003. Not sure what their stance on this type of situation is now.

do you wish to share this experience with us? any tips and or advice? and would you say that it was more cost effective for you as opposed to buying the German car at the dealership?

[White CZ4A]

I've imported a brand new car out of Germany and the firm here honored the warranty.
However, this was back in 2003. Not sure what their stance on this type of situation is now.

do you wish to share this experience with us? any tips and or advice? and would you say that it was more cost effective for you as opposed to buying the German car at the dealership?

was a MB C-Class.
If I had to say, yes it was worth it. Saved approx $35K TTD over the cost of buying a new one here (same options/package).
The risk is not knowing if they would service the vehicle and honour the warranty.
Worked out for us at the time though.

[paparazzi]

I also ordered my RRS from Land Rover UK direct and the local dealer told me they would honour the warranty. That was about 3 years ago or so.

Since the Ansa got sour because people were buying from Land Rover direct and not from them they complained to the powers that be who stopped selling Land rovers for export to Trinidad.

[jm3]

could those of you that have brought them in successfully please let us know all the charges you have to pay i don't want a surprise if i do this that leaves my car stuck at the port and me having to travel to work.

[acesinghit]

I've imported a brand new car out of Germany and the firm here honored the warranty.
However, this was back in 2003. Not sure what their stance on this type of situation is now.

do you wish to share this experience with us? any tips and or advice? and would you say that it was more cost effective for you as opposed to buying the German car at the dealership?

was a MB C-Class.
If I had to say, yes it was worth it. Saved approx $35K TTD over the cost of buying a new one here (same options/package).
The risk is not knowing if they would service the vehicle and honour the warranty.
Worked out for us at the time though.

Imagine Sterling would have had to pay around $8k minimum commission to the sales rep so deducting the 8k from the 35k leaves 27k which is IMHO not much profit to make on a C-Class. I suppose not being greedy makes a business grow as opposed to another dealership that sold BMW's before (oh Thank God its not so anymore) ripping out people eye with minimum 70k markups after commission pay outs..

Thanks for the info pal. In 2015 when I make Scotia richer than they are right now and pay off for my ride, I will seriously consider importing my own car. The thought never came to me but thats probably why I don't drive a Benz yet

[jm3]

yeh lol bmw's are crazy expensive here i looked at the 3 series and one series last year i couldn't believe it, i love bmw's but not that much. importing ca5rs from the uk right now is a very good idea the recession has driven car values down even more than usual my mum and i had to virtually give our cars away when our family moved here well i actually did give my car away for free . then when i arrived here expecting to be able to get a car cheap i saw econoboxes like corollas, almeras and lancers going for the equivalent of a 2 year old good condition merc i was horrified.

[christopherwilliams2]

Good write up here man......

Really quickly, the reason that most new car dealers would not honor the warranty is financial and technical.

Financial - When a warranty job is performed the labour rate that is paid by the manufacturer to the local dealer is well below the dealer's regular labour rate to the public for example. John Doe off the street is charged US$60.00 per hour to change a part, the labour rate paid by the manufacturer to change the same part under warranty is US$25.00 or less.

Financial - The cost of the part changed may actually cost the dealer US$100.00 to import yet the manufacturer using some special magic calculation decides that the cost they are willing to cover for the cost of the part is US$85.00. Even if the dealer proves using documentation that the taxes and other costs exceeds their figure, the manufacturer sticks to the amount of US$85.00

In both cases above the dealer is forced to absorb some of the costs associated with handling warranty jobs. THe dealers do it to keep the reputation of the brand they represent in the market. They are willing to do it for the cars they sell because they would have made a profit from the sale and some of that profit is allocated to covering the gap between the actual cost of a warranty repair and the cost refunded by the manufacturer. So when you bring in your car directly and they have made no profit to cover the gap, they logically and justifiably IMHO deny to cover the warranty. Would you do this in your business ? Thats like your neighbor getting the pleasure of getting his woman pregnant yet sending her by you for money to buy milk for the child. What the hell that have to do with you !?

Technical - Sometimes when a new car is constructed, special tools are required to remove and replace certain parts. These special tools are only sold by the vehicle manufacturer and are always expensive. In most cases the local dealer will not be able to recover the costs of all the special tools required to properly service your one off vehicle at a reasonable costs. Therefore they will decline to service your one off imported model even if it is the same brand.

Technical - Special training is required to work on each new model and model year variants. Without the knowledge there is a risk that a procedure used on last year's variant may cause damage to this year's variant. Therefore when your one off model appears in their garage it is more risk to them to service your vehicle than the amount of money they could earn from the service job. The logical thing to do is decline to service your one off import.

Technical - All modern cars have significant electronics that require diagnostic tools and programs for those tools. The cost of these are not going to be covered by the services you take at the local dealership based on economies of scale alone.

[~Vēġó~]

I also ordered my RRS from Land Rover UK direct and the local dealer told me they would honour the warranty. That was about 3 years ago or so.

Since the Ansa got sour because people were buying from Land Rover direct and not from them they complained to the powers that be who stopped selling Land rovers for export to Trinidad.

This is exactly the info I was looking for.....thanks paparazzi.....

On the other hand bloody fck dammit....steups Have to come up with another plan or just go buy from them....blast!!!!!!!!!

[White CZ4A]

I've imported a brand new car out of Germany and the firm here honored the warranty.
However, this was back in 2003. Not sure what their stance on this type of situation is now.

do you wish to share this experience with us? any tips and or advice? and would you say that it was more cost effective for you as opposed to buying the German car at the dealership?

was a MB C-Class.
If I had to say, yes it was worth it. Saved approx $35K TTD over the cost of buying a new one here (same options/package).
The risk is not knowing if they would service the vehicle and honour the warranty.
Worked out for us at the time though.

Imagine Sterling would have had to pay around $8k minimum commission to the sales rep so deducting the 8k from the 35k leaves 27k which is IMHO not much profit to make on a C-Class. I suppose not being greedy makes a business grow as opposed to another dealership that sold BMW's before (oh Thank God its not so anymore) ripping out people eye with minimum 70k markups after commission pay outs..

Thanks for the info pal. In 2015 when I make Scotia richer than they are right now and pay off for my ride, I will seriously consider importing my own car. The thought never came to me but thats probably why I don't drive a Benz yet

not much profit per car...true.
BUT...they sell hundreds of these cars.
volume makes up for it.

[Chimera]

buy from robocop :p
he selling brand new rrs for 200k

[Chimera]

i mean sheron

[MadCrix]

i know for afact sterling honours warrenty of cars bought outside of tnt.

its about the brand and keeping a standard!!

MB ftmfw