![]() Consequently, it is profitable to export them to other countries with left-hand traffic, such as Australia, New Zealand, the Republic of Ireland, the United Kingdom, Malta, South Africa, Kenya, Uganda, Zambia, Mozambique, Malaysia, Bangladesh and Cyprus. Japanese used vehicle exporting is a large global business, as rigorous road tests and high depreciation make such vehicles worth very little (in Japan) after six years, and strict environmental laws make vehicle disposal expensive. It is even possible for car buyers in the United Kingdom to buy right-hand drive cars in EU countries with right-hand traffic where left-hand drive cars are the norm. In 1998, the European Commission fined Volkswagen for attempting to prevent prospective buyers from Germany and Austria from going to Italy to buy new VWs at lower pre-tax prices pre-tax price is lower in Italy, as in Denmark, due to higher tax on cars. Grey imports are generally used vehicles, although some are new, particularly in Europe where the European Union tacitly approves grey imports from other EU countries. Right-hand drive vehicles are not allowed to be used in the country except in freeport zones, and are thus modified to be driven legally. Overview Ī Honda Stepwgn as seen in the Philippines, converted to left-hand drive. In some countries, such as Vietnam, the import of grey-market vehicles has largely been banned. ![]() Examples of such barriers include regulations preventing import or requiring costly vehicle modifications. In order for the arbitrage to work, there must be some means to reduce, eliminate, or reverse whatever savings could be achieved by purchasing the car in the lower-priced territory. Car makers and local distributors sometimes regard grey imports as a threat to their network of franchised dealerships, but independent distributors do not since more cars of an odd brand bring in money from service and spare parts. Grey import vehicles circumvent this profit-maximization strategy. Ĭar makers frequently arbitrage markets, setting the price according to local market conditions so the same vehicle will have different real prices in different territories. The synonymous term parallel import is sometimes substituted. For all vehicles shown, prices shown do not include TT&L costs and/or documentation fees (where applicable).Grey import vehicles are new or used motor vehicles and motorcycles legally imported from another country through channels other than the maker's official distribution system or a third-party channel officially authorized by the manufacturer. Nationwide shipping is available inside the USA. Buyer Requirements will vary from lender to lender, and we can help you navigate the options available. Financing is available (Not Required) on most vehicles we offer, with a minimum 600 credit score, from various lenders in this industry! Please contact us for more details about possible financing options! Most lenders offer terms from 36 to 120 months, depending on your credit history! Most lenders also have very small down payment requirements. All of our vehicles are 100% legal to drive in all 50 states with fully transferrable Texas Titles. We specialize in importing 25-Year Legal Classics from Japanese & Australian markets (Right hand drive) vehicles. Japanese Domestic Market (JDM) Right Hand Drive VehiclesĬall or Text today! (214) Performance is a Licensed & Bonded Texas Auto Dealer.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |