Imported cars could be cheaper, have better equipment if you’re lucky, and you can even chance upon a rare model is not available locally. But what else should you consider before purchasing a car import?
Before can your new car import away, you have to wait for all the documentation to be checked by authorities. Export and import papers have to be in good order, and import fees and taxes must be paid. It is worth talking to an expert about, as errors with paperwork can lead to so much wasted time and money when you try to extract the paid-for car from government authorities. Worse, the longer your vehicle stays with the authorities, the more money you might need to get it.
Special Rules for Classics
There are rules that apply to all new and vintage cars, but there are extra steps needed for buying classic motors. On top of vehicle emissions, you must ensure as well that the model you’re considering is on the list of approved vehicles. Otherwise, you’ll need an entire set of extra paperwork, which will naturally cost you more time, stress and money!If not, you’re going to need a whole set of extra documents, and this will naturally cost you more money, energy and time!Otherwise, you will have to deal with a lot more paperwork, which will understandably cost you more cash, worries and time!
If you have your sights on an American vehicle, the key difference is often the size. US cars tend to be larger, both in engine capacity and actual space inside the vehicle. That’s something to take into account if you or your passenger/s are tall and thus need more leg room.
Back then, car imports were discouraged because when these vehicles down, it would cost more to have to import the spare parts too. However, nowadays, a lot of parts of so-called import cars are now being manufactured locally, and mechanics are also becoming more knowledgeable with the quirks of vehicles from all over the globe.
Whether your car import is used or brand new, you need to make sure it has insurance before you drive off in it. Older car insurance is typically pricier, but in general, insurance for all import vehicles are more expensive than insurance for their local counterparts. The good news is you can have affordable insurance for car imports if you buy along the less pricey end of the scale. If you’re going with a Honda Odyssey minivan costs, for example, insurance will only cost you a little over $1,000.
Lastly, from time to time, countries impose sanctions on other countries, which means you may not be allowed to import cars from any of these places, regardless if they conform to local car import laws. Therefore, before setting your eyes on a particular deal, be sure about the issue of sanctions, and always ask for information straight from the government, rather than relying only on hearsay.