Hey guys I just want to chip in to this, have been looking at information on importing a car from UK and came across this thread.
I have had some shipping quotes and they are around $3500-$4000 for a container. One quote was $3600 from McCullough Ltd and included the following:
Export UK Clearances, Packing LCL in Container, Ocean Freight, Customs Clearance in NZ, MAF fees, Port Service, Container Cartage, Unpacking, and delivery to compliance in Auckland or Christchurch –
Total 3600.00 NZD .
I also made a spreadsheet. The savings I think can be quite a lot!
The GST due when the car arrives in NZ is based on CIFS, which is the Cost of Vehicle, Insurance and Freight.
What I am looking for is information on what is the process is to claim back the VAT from the UK price? The way I understand it is you can purchase the car, claim the VAT back, ship to NZ and then pay the GST on the CIFS which is calculated on the car price minus the VAT. Has anybody done this?
Also to RVT are you sure that you have to de register yourself? What if purchasing from BMW dealer? I haven't figured the trip into the cost, was hoping they could do it for me. Failing that I have a cousin over there.
Without being able to personally inspect the car, do you think a BMW approved used vehicle is a safe bet? Should I organise a pre inspection or can you trust a BMW dealership if it has it listed as approved?