Save Money While Buying Japanese Used Cars

In Japan used car exporters can help you a lot to import a high quality used car from Japan in your home land. But it might cost some extra bucks for the charges to that Japanese used car exporter. So why to pay some extra bucks when you can do it yourself. Believe you can, if and only if you know the fundamentals of importing a used car. This article will provide a short but complete insight about the nuts and bolts of importing a used car from Japan without going through the exporter or dealer.

 Rules and Regulation in your country

Knowing all the rules and regulation related to importing used car from Japan or any other part of the world is the major part of the game. Although you may find all this information from reliable Japanese used car exporter over internet, but the best place to this research is the relevant government authority. In Japan used car exporters can guide you but sometimes they get biased and push you towards buying from them.

Taxes and Custom Levies in your country

At customs in your country you have to pay some taxes and levies for the purpose of releasing out your used vehicle from the port of discharge. It is better to collect the estimates of these charges for taxes and levies you have to pay so that you know how Japanese used car will cost you. You can contact a customs clearing and forwarding agent in your region or otherwise contact a Japanese used car exporter for this purpose. Ensure that the person you are dealing with knows each and every thing about Importing used car from Japan to your country.

The values in Local market

Perform some research to check the values of that vehicle in your local market. In this way you will be able to decide what price you should pay to get that Japanese used car exported from Japan to your country. Visit SBTJapan to get a price estimation of the used car you are planning to import from Japan.

Terminology used in Import and export of used cars from Japan and other countries.

•             FOB or Free on Board – FOB is the price that an importer has to pay to get the Japanese used car on board a ship in port of shipping in Japan. Free on Board charges includes the cost of used car, transportation charges and custom clearing charges in Japan. Along with this there are other profit margins that your supplier or Japanese used cars export agent may ask you to pay. Australia, New Zealand and Countries in Europe, allow the import of used cars on the basis of FOB. In this kind of situation the freight and insurance charges are paid to the shipping company in your country.

•             CIF is the cost of Insurance and Freight. These charges are calculated by adding FOB with Freight and insurance charges.

•             C&F is the cost and freight charges and are calculated by adding FOB price with the freight.

•             BL or Bill of lading is the document of shipment and this is provided the shipping company.

Category: Car Purchase