Help Import duties!!! | FerrariChat

Help Import duties!!!

Discussion in 'United Kingdom' started by Rod, Jan 23, 2004.

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  1. Rod

    Rod Formula Junior

    Jan 18, 2004
    South Derbyshire
    Full Name:

    I am just about to buy a 1982 Ferrari 308gtsi from the states, its a LHD Euro model. My question is will customs accept this vehicle as a collectors model (rare).. apparently the import tax is reduced to 5% as opposed to 10%!!! Has any one been down this route before?
    Also has any one shipped a car to the UK before? can you recommend a shipping agent? The car is on the west coast "oregon"

    Any help is appreciated

  2. 456mgt

    456mgt Formula Junior

    Mar 24, 2002
    Cambridge UK
    Full Name:
    Danhay over on Pistonheads brought in a 208GT4 he bought in Italy. He's the only one I know who's done it.
  3. ferrari355gtb

    ferrari355gtb Formula 3

    Nov 3, 2003
    Full Name:
    Bringing cars in from the EEC is relatively easy, bought an Integrale from Italy many years ago. Importing from USA is a different kettle of fish. From memory the "duty" needs paying at port of entry - remember seeing loads of nice motors at Liverpool docks with I assume no duty paid on them - again years ago.

    I know that Japanese cars that are imported seem to come through Ireland - maybe a backdoor way of NOT paying duty.

    Is the car that much cheaper in the US ? (I know the $ is very weak at the moment)

  4. Rod

    Rod Formula Junior

    Jan 18, 2004
    South Derbyshire
    Full Name:
    The Dollar is worth 1.85 to the £... The car I am buying is costing $23000.. abouth 12.5k!!!! shipping approx 1k and 5% tax equates to 14.5k!!!
    The car has had 2 owners, the last for 18 years!! full history etc etc. its still to be inspected but is okay I reckon this is a good deal. The car is a Euro model..

  5. simonc

    simonc Formula Junior

    Nov 1, 2003
    Herfordshire, UK
    Full Name:
    Simon Campbell
    I think you need to add on 10% EC duty and then 17.5% tax on the total of cost + freight + EC duty.

    I may be wrong though as it is some years since I did this.
  6. F308 MAN

    F308 MAN F1 Rookie

    Jan 19, 2004
    Isle of Man
    Full Name:
    Dave S careful, you need to speak to customs and excise, but they will pester for your details and even possibly record calls....if you visit their office, you will be on cctv.... i imported from channel islands which is obviously outside the EC, and had to pay 17.5% vat....lie a lot ! me and i can offer further info....regards, david

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