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?
Before you can driving off in your new car import, you have to wait until all the documents have been checked and cleared. 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.
Extra Rules for Classic Vehicles
There are rules that apply to all new and vintage cars, but there are extra steps needed for buying classic motors. Aside from checking for vehicle emissions, you need to ensure that the vehicle you’re eyeing is on the list of approved cars. 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 tend to be larger, both in engine capacity and actual space inside the vehicle. That’s one thing to remember if you or your passengers are tall and need lots of extra leg room.
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.
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 often more expensive, but generally speaking, insurance costs for all import vehicles are higher than coverage for local cars of similar sizes. 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.
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. Hence, before you set your sights on a certain deal, be clear about sanctions, and ask for information directly from your concerned government office instead of relying purely on hearsay.