Exporting cars to South Africa....how easy?
Discussion
As i finish university in the next few months, with no definite job sorted i was pondering a few things.
My grandad lives out there and has done for donkeys years. With me having had many holidays I have always loved the place and considered travelling there but have just looked at the cost of cars. How feasable would it be for me to export one from here and sell it before i leave for a tidy sum after I am done?
In addition to this if this is indeed possible would it be relitively easy to export second hand cars in volume over there (3-5 year old cars)
What are the customs charges like? and does anybody have experiance of doing this?
My grandad lives out there and has done for donkeys years. With me having had many holidays I have always loved the place and considered travelling there but have just looked at the cost of cars. How feasable would it be for me to export one from here and sell it before i leave for a tidy sum after I am done?
In addition to this if this is indeed possible would it be relitively easy to export second hand cars in volume over there (3-5 year old cars)
What are the customs charges like? and does anybody have experiance of doing this?
Closest i have got is this website which suggests 70%
http://www.ritztrade.com/south-africa-cape-town-jo...
However i am struggling to work things out;
does this 70% come from the purchase price over here or retail over there?
For example 8 year old golf gti's with mega miles are going for over 110,000 rand (over £10k)
so even with 70% on the price of them over here i feel there may be a magin...or have i got everything confused...
http://www.ritztrade.com/south-africa-cape-town-jo...
However i am struggling to work things out;
does this 70% come from the purchase price over here or retail over there?
For example 8 year old golf gti's with mega miles are going for over 110,000 rand (over £10k)
so even with 70% on the price of them over here i feel there may be a magin...or have i got everything confused...
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