Buying Abroad - A Better Deal?

Last updated: 21/09/2006 - 14:54

If you find UK car prices too expensive then maybe its time to think about importing. Read how to beat the salesman and those expensive prices.

If you've considered all the options and concluded that importing is going to save you a wad of cash, check out these hints on getting a good deal.

Import savings have opened new markets designed to avoid UK taxation and premium prices.

Where to Buy From?

When deciding on whether or not to import you must chose which country you will be buying from. Prices do vary, so comparison is essential. Advances in communication mean making comparable estimates of prices is not difficult. In fact, making use of tools such as the internet can help you compare countries; then you can make direct contact to gain all the specific details.

Once you have found the country that offers the best price, you must then decide which dealer to use. Some cars will have their own manufacturer's dealership in foreign countries, but you should also make comparisons with private dealerships (they may offer better and cheaper price plans).

Planning the Import

Before you begin the process, you should first go and visit the dealership you are considering. This will help you gain some view of how legitimate the company appears. Remember it will be hard to remedy problems from a different country.

Once you are happy with the country and dealership it is time to arrange all the car specifications so it is suitable for use in the UK. These could include registration plates and right hand drive. Next, you should get the dealer to confirm everything in writing: essential should anything not be included.

After you are happy all the details have been confirmed in writing then you can start talking money. Remember, wherever you are buying from most car dealers are the same. It is in your interest to haggle. Also, take into account currency and exchange rates and any additions this may have on the price.

When you are satisfied it is then time to put a deposit down. Never pay cash. Try to agree on a suitable transaction that protects your interest, and is accepted in that country. When the deposit has been paid, get confirmation of the payment.

The Waiting Game

You will probably now have to wait - often the most annoying part of the process. But you can arrange all the extra details in this time, so when the car arrives it is ready for immediate use. Order licence plates in advance and arrange insurance; all can be done while the car is in transit.

Once arrived you will need to pay any additional VAT incurred, depending on the country's specific import policy. Then you are free to give your new merchandise a spin, happy in the thought that you have saved yourself a load of dosh.

More information available in Finance, Motorcycles, Europe

Post your comments
  1. Area of work
  2. * Required fields. NB: Your email address will not be displayed should your comments appear.
  3. NB: all submitted comments will be considered for publication and may be edited or omitted at our discretion.
Send to a friend/colleague
  1. * Required fields.