Bring a Boxster back from Germany
Discussion
A friend of mine who has been living in Germany for 12 months bought a Boxster in Germany about 10 months ago and is now coming back to live in the UK with the car.
Does anyone know the implications of bringing the car back to the UK as far as Import taxes and registration etc are concerned ??
Is it correct that if you have owned the car for 6 or more months then you do not have to pay import duty ?
Many thanks in advance.
Does anyone know the implications of bringing the car back to the UK as far as Import taxes and registration etc are concerned ??
Is it correct that if you have owned the car for 6 or more months then you do not have to pay import duty ?
Many thanks in advance.
I think after 6 months the car is no longer considered new and there's no VAT transaction involved; he's just bringing personal property.
In order to register it he'll need a certificate of conformity from Porsche Cars GB to verify that the car was built to EU regs. Cost is £60+VAT or thereabouts.
The rest is just paperwork at the local vehicle registration office. As new as it is most UK insurers will ask for a Thatcham Cat 1 system; assuming the car has the factory fitted alarm (an option in Germany I think) he'll probably need some support from Porsche UK to show the systems is the same or equivalent.
Future resale in the UK will be affected. I think there's some degree of demand in the UK for LHD 964's and 993's but probably very little for the watercooled 986, 996 and onwards. If it's a long term import comparing UK and D prices might be a good idea to confirm it's the right thing to do.
In order to register it he'll need a certificate of conformity from Porsche Cars GB to verify that the car was built to EU regs. Cost is £60+VAT or thereabouts.
The rest is just paperwork at the local vehicle registration office. As new as it is most UK insurers will ask for a Thatcham Cat 1 system; assuming the car has the factory fitted alarm (an option in Germany I think) he'll probably need some support from Porsche UK to show the systems is the same or equivalent.
Future resale in the UK will be affected. I think there's some degree of demand in the UK for LHD 964's and 993's but probably very little for the watercooled 986, 996 and onwards. If it's a long term import comparing UK and D prices might be a good idea to confirm it's the right thing to do.
14-15k for a fast sale,17k if you dont want the phone to ring,i agree with the comments made above lhd is a slow burner with water cooled porsches with the exception of the GT3. I paid 35k for my C2 at the time same uk speck cars were selling for 48k,as long as you p/x for lhd again you will do ok,if not expect a slow sell,or selling for silly money,you cant have it both ways if you buy cheap expect to sell cheap keep that in mind and you wont be dissapointed
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