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Importing
a New Car from Europe into the UK
While
new car prices have fallen in the UK, money can still be
saved by buying a car from Europe and personally importing it.
Do your homework, importing a new car isn't automatically the
best or cheapest way to purchase a new car. Beware of the extras,
as some models do not come with the same basic features as UK
models, you therefore may not be saving as much as first appears.
These are the essentials of personal importing. They don't necessarily
cover all eventualities:
HM Customs
Begin by getting the official paperwork from HM Customs, the local
Vehicle Licensing Office and your local Vehicle Registration Office
(VRO).
European Country
Portugal and Holland have the lowest prices. The Republic of Ireland
may offer you savings, although you may not find the car with
the specifications you're looking for.
Motor Dealer
Play safe by using only fully authorised large dealerships. Motor
manufacturers have lists of official foreign dealers and importers
at their Head Offices. There will also be information in the Owners
Handbook supplied with any UK cars, though this is not always
up to date. If you make your purchase through a `car supermarket'
you will be the second owner on the DVLA logbook.
Making Contact
Telephone and then visit. Make it clear that the car is to be
to UK, right-hand-drive specification and supplied for export.
You can be asked to prove you are a UK resident with a copy of
your passport. Some dealers may request a letter of credit.
UK Specification
Use UK brochures to be sure of the specification. UK spec means
right-hand drive, speedometer in MPH and right-hand-drive headlamps.
Then you use the options list to bring the car up to UK level
- specs vary considerably between countries. Date and time log
all your telephone calls. Keep a note of the representatives name..
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Confirmation
Confirm the specification and delivery date in writing. Make sure
any supplement for right-hand drive (if any) is included. Do not
pay local taxes. Some German dealers ask for the VAT to be paid
first. They will reclaim once you prove you have registered the
car in the UK. This is not a legal obligation, but one in the
contract between you and the dealer so you can negotiate or refuse.
Arrange the Finance
You will need a deposit and balance. Your bank can arrange a foreign
currency draft ready for the day you collect.
Pay the deposit
20% is the average deposit. This can be paid using a credit card
This provides some recourse if the car isn't delivered. Always
confirm the details, especially deposit paid, in writing.
Wait
Be patient waiting for your car. It can take up to 9 months. Be
wary of shifting delivery times and do not accept last minute
price changes.
Transit Plates
For a small charge, the dealer will arrange transit or temporary
export plates for the drive home. As the time nears, make sure
that a `Certificate of Conformity' has been organised. This will
be needed when you register it in the UK as it proves the car
meets European safety standards.
Arrange Insurance
You can use your own insurer or ask the dealer to arrange the
insurance. Be prepared to shop around - many will not give cover
on only a chassis number. Be careful about
`parallel and grey imports'.
A parallel import is a vehicle
that's available in the UK already, but is imported because it's
hard to get here or more expensive. A grey import is a model that
isn't available in this country and is imported because the official
importers don't. Because the components many not be made to British
specifications, check the cost of insurance
Collect the car
Keep all travel receipts and fill up with fuel to prove you have
driven the car abroad.
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Paying the VAT
You no longer need to contact the Customs & Excise when you
arrive. Instead you have 7 days to go to your VRO with all the
documentation. They will forward the paperwork to the Customs
office. The VAT will be worked out at 17.5% using your invoice.
You will have 30 days to pay.
Get Number Plates and a Tax
Disc
Go to your local Vehicle Registration Office with all your customs,
sales and registration documents. Fill in Form V55/5 to first
register the car and pay the £25 fee. Get the tax disc,
buy some registration plates and away you go.
Warranties
All EC made cars come with a one-year pan-European
warranty valid in all states. The same car may have three-year
cover in the UK but it's two years of extra cover bought by the
UK supplier. You can still buy that extra cover from them or from
independents.
Servicing
There is no good reason why your local dealer
can't service the car.
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