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HOW MUCH? This figure would really depend on what you are buying, where you are
buying it from, and the current exchange rate. The current strength
of the Euro in the world currency markets means that savings would not
be as significant as those in the past few years. But savings are savings
nonetheless. When purchasing an import directly from its country of
origin, one must consider the prevailing exchange rates of the currency
you intend to pay. One more important point to consider is that taxes
make up the bulk of all the added expenses in the purchase of an import.
VAT and registration tax are among a few necessary expenses when putting
an import to the road in Britain. One must remember that in Europe you
do not pay VAT and taxes to the country where the purchase was made
but rather to the country you are importing to. And as already previously
mentioned, the added cost of Temporary Transit Plates, EC Safety and
Emission Compliance Certificates of Conformity, HM Customs and Excise
Declarations, Single Vehicle Approval Tests and the 17.5% EU Import
Tax also have to be carefully considered. |
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