|
If this is your first visit, be sure to check out the FAQ by clicking the link above.
You may have to register before you can post: click the register link above to proceed.
To start viewing messages, select the forum that you want to visit from the selection below.
|
03-30-2007, 09:21 PM
|
|
Gold
|
|
Join Date: Jun 2004
Posts: 720
(123)
|
|
on importing cars to DR. product price: US$20.000, total taxes and fees: US$14.063!!!
researching the subject and came across this. these people are crazy!
the article (Date 12/2006)
Last edited by liam1; 03-30-2007 at 09:31 PM..
|
03-31-2007, 08:36 AM
|
|
Gold
|
|
Join Date: Jan 2002
Posts: 760
(10)
|
|
Ten years ago before the age restriction was placed upon imported cars we wanted to import an older 84' Caddilac Coupe de Ville in barely used condition we had bought from a friends aged aunt. We only paid $800 for it and figured that even with $1,000 shipping we'd have a great old car for transporting our hotel guests, albeit a gas guzzler, in the DR. So before we made the arrangements to ship it we contacted the DR Embassy in Miami to get an idea of how much duty we would have to pay.
I almost fell out of my chair when I was quoted over $11,000usd!!! I asked why so much on a car that was 13 years old and only cost $800? I was told that it was a Caddilac. Period. No matter how old, cost, etc. Crazy? Logical? Hey this is the DR. They do what they want.
|
03-31-2007, 09:23 AM
|
|
Honorificabilitudinitatibus
|
|
Join Date: Apr 2002
Posts: 14,012
|
|
That makes sense.
If you remove the initial registration, which is not part of the price of the car, were you to be buying it from a dealer, the cost of the vehicle would be US price plus 48%.
On previous threads, we have been guesstimating it at plus 40% to 50%, so those figures appear accurate.
|
03-31-2007, 12:13 PM
|
|
Silver
|
|
Join Date: Dec 2002
Posts: 344
(52)
|
|
Thanks liam1
That's the best break down I have ever seen.
|
03-31-2007, 01:47 PM
|
|
Silver
|
|
Join Date: Dec 2006
Posts: 133
(10)
|
|
I would suggest to wait until CAFTA takes hold in 5 years all duties are supposed to be taken down. Right now you may as well forget it and just buy something here.
: p.
|
03-31-2007, 05:16 PM
|
|
Silver
|
|
Join Date: Jan 2004
Posts: 282
(114)
|
|
Grain of Salt
While I thank Liam1 for publishing the link, I would asdvise others not to rely too heavily on some of information contained in it.
The most glaring mistake is that Kia is a Japanese manufacturer, when in fact
it is South Korean and now under the Hyundai (also S. Korean) umbrella.
The Summary, Market overview and Trends, and the Market access paragraphs must have been written by a true bureaucrat with very little actual or hands on experience in the D.R. The various categories and the dates the duty are due to disappear look to be accurate and were probably taken directly from the agreement itself.
As with anything published on the internet, please due your own due diligence and take the information with the proverbial "grain of salt."
Respectfully,
Playacaribe2
Quote:
Originally Posted by gmiller261
That's the best break down I have ever seen.
|
Last edited by playacaribe2; 03-31-2007 at 05:17 PM..
Reason: spelling
|
03-31-2007, 05:32 PM
|
|
Honorificabilitudinitatibus
|
|
Join Date: Apr 2002
Posts: 14,012
|
|
Quote:
Originally Posted by playacaribe2
While I thank Liam1 for publishing the link, I would asdvise others not to rely too heavily on some of information contained in it.
The most glaring mistake is that Kia is a Japanese manufacturer, when in fact
it is South Korean and now under the Hyundai (also S. Korean) umbrella.
The Summary, Market overview and Trends, and the Market access paragraphs must have been written by a true bureaucrat with very little actual or hands on experience in the D.R. The various categories and the dates the duty are due to disappear look to be accurate and were probably taken directly from the agreement itself.
As with anything published on the internet, please due your own due diligence and take the information with the proverbial "grain of salt."
Respectfully,
Playacaribe2
|
You are correct, of course.
One must not believe everything one reads on the WWW.
|
03-31-2007, 06:23 PM
|
|
Honorificabilitudinitatibus
|
|
Join Date: Apr 2002
Posts: 14,012
|
|
[quote=VirginianWishes;504701]Or anything else this Marciano posts!!!!!!!!!!!!!!!!!!!!!
Quote:
Originally Posted by Rocky
I'
|
What's that you say, dufus? |
03-31-2007, 08:31 PM
|
|
Gold
|
|
Join Date: Jun 2004
Posts: 720
(123)
|
|
ok, here is a quick question, here in Toronto you can buy a decent Chrysler Intrepid 2002/2003 for 6000-7000 CND, if i was to import that car to DR would i have to pay 20% import tax/16% ITBIS... on the price i paid for the car, or would they appraise the car to be worth some crazy amount of money and then tax me on that? thanks.
(i'm talking about a car like this one)
 |
03-31-2007, 08:39 PM
|
|
Honorificabilitudinitatibus
|
|
Join Date: Apr 2002
Posts: 14,012
|
|
Quote:
Originally Posted by liam1
ok, here is a quick question, here in Toronto you can buy a decent Chrysler Intrepid 2002/2003 for 6000-7000 CND, if i was to import that car to DR would i have to pay 20% import tax/16% ITBIS... on the price i paid for the car, or would they appraise the car to be worth some crazy amount of money and then tax me on that? thanks.
(i'm talking about a car like this one)
|
To be sure, you would have to contact customs, but I expect you would pay as much in import taxes as you payed to buy the car.
|
| Thread Tools |
Search this Thread |
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is On
|
|
|
|
|
(663)
