Car imports can be cheaper, have better equipment at times, and you can even find an uncommon model that’s not locally available. But what else are there to look into when you buy a car import?
Prior to driving your new car import away, you need to wait until all paperwork has been cleared and approved. Export and import papers have to be in good order, and import fees and taxes must be paid. It is worth consulting with a professional, since problems with paperwork could have you wasting time and money trying to get a car you’ve paid for from the authorities. Worse, the longer your vehicle stays with the authorities, the more money you might need to get it.
Special Rules for Classics
Certain rules cover new and vintage vehicles, but extra steps are required for those who want to buy classic motors. Besides checking for vehicle emissions, you also have to ascertain that your car is included in 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 larger in engine capacity as well as in the space when you’re inside sitting. You should take note of this, especially if you or your passengers are tall and need some decent amount of 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.
Regardless of your car import being brand new or pre-owned, you should make it a point to check if it has insurance coverage before you take it for a drive. 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. 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.