Finding your dream car sometimes means that you might have to look further afield than the United States.
Importing vehicles into the United States is a popular topic at the moment as often European and non-European cars can be fantastic purchases. Whether that’s sourcing a classic or a cheap supercar that’s looking for a new home.
There are a few things you are going to need to look into though…
Finding the ‘car ‘ you want to import.
Regardless of where a vehicle is in the world, you need to be cautious when purchasing one.
Take the time to find a vehicle that’s from a reputable dealer or a trustworthy source and don’t be afraid to ask for lots of information regarding the vehicle.
Buying vehicles that are either stolen or have an ominous history is something that we don’t recommend doing. So if there is even the slightest doubt in your mind that there is something wrong – don’t consider purchasing it.
Consider whether or not you can import it into America.
Choosing a vehicle is half of the problem, then comes the process of finding out whether or not it is legal.
Much like the EU, the USA has emission laws which are designed to prevent vehicles that are in essence, harmful to the environment to enter the country.
Every vehicle in the world is thoroughly tested though and they’ll be a plethora of information regarding specific vehicles.
Interestingly, there can also be an additional tax if the vehicle does not conform to the minimum MPG required. https://nepis.epa.gov/Exe/ZyPDF.cgi/P100F3YZ.PDF?Dockey=P100F3YZ.PDF
Vehicles that are older than 25 years are generally not something to worry about but don’t hesitate to check the local emission laws as they do vary from state to state.
You’ve found a car and are certain it can be imported – time to pay for it?
When purchasing anything from abroad it is well worth using a forex broker to levy the transaction for you.
Often the exchange rates you’ll find through a local bank or so forth might not be ideal.
Forex brokers help to give you the best possible rates when making large purchases overseas through different currency markets.
Once you have purchased your vehicle.
Find a shipping or transport company to assist with the process of collecting your vehicle and shipping it.
Numerous things can go wrong during this part of the process if you attempt to cut costs by arranging all the little steps yourself.
It’s quite simply a headache we would recommend you avoid.