Landed Cost Calculator
What Affects the Cost?
Shipping Distance and Method
Shipping distance and transport method (sea or air) significantly affect cost. Sea shipping is usually less expensive than air shipping, but takes longer.
Car Value and Age
The base car value and age affect customs duties. Newer and higher-value cars may incur higher customs duties.
Customs Duty Rates
Customs duty rates vary depending on vehicle type and source country. The default rate is 5%, but may vary depending on the car type.
VAT Calculation
VAT (15%) is calculated on the total value after adding customs duties. This means the tax is applied to the full import value.
Additional Fees
There may be additional fees such as technical inspection fees, registration fees, and other fees depending on the case. These fees are usually not included in basic calculations.
Frequently Asked Questions
How do I calculate landed cost?
Landed cost includes the car price, shipping fees, customs duties, and VAT. You can use this calculator to input values and get the total cost.
What is included in landed cost?
Landed cost includes the base car price, shipping cost from the source country, customs duties calculated on the car and shipping value, and VAT calculated on the total value.
What are the customs duty rates?
Customs duty rates vary depending on the type and value of the car. The default rate is 5% of the car and shipping value, but rates may vary depending on the vehicle type and source country.
How is VAT calculated?
VAT (15%) is calculated on the total value that includes the car price, shipping cost, and customs duties. It is applied to the full value after adding customs duties.
Are there additional fees beyond customs and VAT?
There may be additional fees such as inspection and technical inspection fees, registration fees, and other fees depending on the case. This calculator focuses on the basic import cost.
Does shipping distance affect the cost?
Yes, shipping distance and shipping method (sea or air) significantly affect shipping costs. Sea shipping is usually less expensive than air shipping, but takes longer.
Can I reduce import costs?
You can reduce costs by choosing a less expensive shipping method, negotiating the car price, and checking for any available exemptions or discounts. Make sure to obtain all required documents to avoid any additional fees.
How accurate is this calculator?
This calculator provides an approximate estimate of the total cost based on the input values. Actual costs may vary depending on various factors such as actual customs valuation, fluctuating shipping prices, and additional fees. It is recommended to consult with a professional import agent for accurate estimates.