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 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 Classic Cars
There are policies that cover all new and vintage cars, but for classic motors, there are additional steps that must be taken. 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 planning on an American car, the most important difference is generally 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 one thing to remember if you or your passengers are tall and need lots of extra 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. However, these days, several parts of so-called import cars are now being made on local shores, and mechanics have also become more aware of the quirks of vehicles that come from everywhere in the world.
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. Car insurance for older models is usually higher priced, but generally speaking, all import vehicle insurance policies cost more than policies for their local equivalents. The good news is imports need not mean expensive insurance costs if you buy towards the lower end of the scale. For instance, to insure a Honda Odyssey minivan, the cost is just a little more than $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. 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.