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A guide to imporing cars from Japan
sihingwa
#91 Posted : Tuesday, March 29, 2011 3:00:25 PM
Rank: Member

Joined: 9/29/2010
Posts: 216
Location: Kenia
livie wrote:
@ VJ you are the car import guru.....!!!
feel confident right now to import my own....once i get it i'll sure as hell give u ride in it...!!!


Livie, why arent you a heaven aspirant?Pray
livie
#92 Posted : Tuesday, March 29, 2011 5:21:17 PM
Rank: Veteran

Joined: 11/1/2008
Posts: 834
@ shihingwa - too mant movies i guess....no pun intended tho..
If you are going to be thinking only one thing, you might as well be thinking big. -Donald J . Trump
osa2
#93 Posted : Tuesday, March 29, 2011 7:53:53 PM
Rank: New-farer

Joined: 2/5/2010
Posts: 54
Location: USA
Any idea on how the same affects cars already inside the country. I am planning to buy a Pickup from someone returning to South Africa. He brought it with him in January.
Georges
#94 Posted : Wednesday, March 30, 2011 10:30:19 AM
Rank: New-farer

Joined: 3/26/2011
Posts: 7
Hi Guys
I just wanted to know if any of you has ever dealt with nextagecars.com

regards
george
Georges
#95 Posted : Wednesday, March 30, 2011 10:41:24 AM
Rank: New-farer

Joined: 3/26/2011
Posts: 7
Hi
Could you guys assist me. I intend to import a Subaru Impreza Sports wagon 1490CC Model: LA-GG2 Model Grade: 15I 50TH ANNIVERSARY Transmission: Automatic.

How much will it cost me on Taxes using the KRA CRSP formular.

I will really appreciate for your help.

George
prodigy
#96 Posted : Wednesday, March 30, 2011 11:24:45 AM
Rank: New-farer

Joined: 3/11/2011
Posts: 9
BE WARNED!!Royal trading
i just came across this http://resources.alibaba...ic/634360/Car_fraud.htm and http://www.japanese-car-...porters-from-japan.html
and they are current members of jumvea(which i am begining to think only exists in theory)
bartum
#97 Posted : Tuesday, May 31, 2011 2:48:24 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Wakandi wrote:
Hi guys, anyone ever bought a unit from http://www.beforward.jp/seem to have very cheap albeit not very good grade of cars

which company in tradecarview company is reliabe. A friend what is import some time next month
@VJ do you use IBC, jan or which one
bartum
#98 Posted : Wednesday, June 01, 2011 11:05:32 AM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
livie wrote:
@ VJ you are the car import guru.....!!!
feel confident right now to import my own....once i get it i'll sure as hell give u ride in it...!!!

this forum is just wow!!!.i love wazua i have learnt alot in less than a year. I think i will start car biz of importing and selling with a small margin
bartum
#99 Posted : Wednesday, June 01, 2011 12:54:04 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Vj wrote:
You cannot import a car registered in 2003 in 2011...no way around it (unless you know the man who took over from Kosgey).

As for the duty payment derived from CRSP or invoice i would like you to consider the following scenario:

You buy a 2004 Mitsubishi Pajero V73 (3000cc) average CIF price $16000 = kshs 1,280,000

Duty according to CRSP = 564,880

Duty according to CIF invoie:
1)25% import duty on CIF value : 1,280,000 x 25% = 320,000

2)20% Excise duty on CIF+import duty value = (1,280,000 + 320,000) x 20% = 320,000

3)16% VAT on CIF+import duty value+excise duty value = (1,280,000 + 320,000 + 320,000) x 16% = 307,200

Total duty according to CIF invoice will therefore be 307,200+320,000+320,000= 947,200

KRA will therefore take the value of duty that brings them the highest revenue and in this case it is the duty value calculated by the CIF invoice. So be smart about this issue when importing.



for a case like this can i pay seller correct cif and quotes less cif in documents.@VJ you should be a veteran
Vj
#100 Posted : Wednesday, June 01, 2011 7:01:21 PM
Rank: New-farer

Joined: 9/6/2010
Posts: 97
Location: nairobi, kenya
@Bartum
IBC, Papera, SBT, Jans and beforward are all established companies, and you won't have a problem with them. Some tradecarview sellers are one-man shows who find it very difficult to get the paperwork and shipping process done properly, so be careful about that.

It would be best to use established companies. But if you decide to use a tradecarview seller than do some research about them. Check to see whether any incidences of fraud have been reported on the internet, ask for customer testimonials.

As for the CIF issue, what you proposed in your last post is the way to go about the issue.

All the best in starting you car importing business.
Before you can be be old and wise, you must first be young and stupid.
33 Pages«<89101112>»
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