Imported cars may be less expensive, have better equipment probably, and you can even grab an unique model that you can’t find locally. But what other things are crucial for you to consider when buying a car import?
Before can your new car import away, you have to wait for all the documentation to be checked by authorities. There are import and export papers that should be in perfect order, and all import fees and taxes must be paid. It is worth consulting with an expert on, as issues with paperwork can result lead to so much wasted time and cash trying to claim from the government a car that you have already paid for. Worse, the longer your vehicle stays with the authorities, the more money you might need to get it.
Special Rules for Classic Cars
There are policies that cover all new and vintage cars, but for classic motors, there are additional steps that must be taken. 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’re eyeing an American car, the biggest difference is typically the size. US cars are usually bigger, not just in terms of engine capacity and but also in the actual amount of space inside the car. That’s something to take into account if you or your passenger/s are tall and thus need more leg room.
Cost of Repair
It was once said that car imports were a bad idea because if they broke down, you had to import spare parts as well. Today, however, most parts of these so-called import vehicles are now available locally, not to mention that mechanics have also become more equipped with knowledge to handle the quirks of cars from all across the globe.
No matter if your vehicle import is brand new or used, you have to ensure it’s covered by insurance before you drive it out. 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 imports don’t need to cost a lot in insurance costs, provided you buy at the lower end of the spectrum. For instance, to insure a Honda Odyssey minivan, the cost is just a little more than $1,000.
Finally, there are times when countries impose sanctions on other countries, prohibiting you from importing cars from certain places, even if the vehicles conform to local car import regulations. 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.