Just toying with this, and wondering if the collective have any idea of the real costs involved.
Supposing someone, me, was considering grey importing the above vehicle used from Japan, cost of car in Japan say £5000 for arguments sake (could be anywhere between £4 and £8k depending), roughly what costs on top of that would be payable by the time the car was legal on the road here.
Obviously there's shipping, and insurance for the voyage, then import duty and VAT, then IVA testing (the level of that depends on age of car apparently, over 10 years its a simpler test) subject to certain modifications.
Now comes the thorney question of road tax or VED whatever you want to call it, do grey imports still get emission tested so go into the correct VED band as they would if a normal UK supplied model?
I'll be honest/mercinary here, if say a 2007/8 grey import 3.0 Litre Outback is going to be stung with a £500 VED bill annually as a UK supplied vehicle (with different model name, possibly Bean) would be, then this idea is banished permanently.
The difference in Japan prices and those being asked by pro grey importers is huge, obviously they have to make a profit and i'm not being unreasonable.
I'll also tag another question about VED on here if i may, one of the companies selling ex police cars makes claims that as a police car the what would otherwise be full house VED @ £500 for a T5 Volvo does not apply to a plod car...for life...is this so? because it seems too good to be true, and i suspect our tax gatherers, who need to keep the country solvent'ish for as long as possible..:-) well at least until all the referendum(s) are over, would soon be on this.
Edited by gordonbennet on 16/03/2016 at 18:14
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