Wednesday 12 December 2018

EU cars: the pros and cons


EU cars are currently more popular than ever. Reimports from abroad are comparatively cheap to get. Take it right, then you can save a lot of money by buying in other EU countries. That's how it's done.
The benefits of EU bargains certainly outweigh. However, you should not underestimate the cost of buying EU cars abroad.
What is an EU import?
An EU import is a new car marketed in another European Union country. For the actual sale of new EU cars, however, there is a transport of the vehicles to Germany. More information about EU cars can be found here: New car purchase: What are EU cars?
What are reimports?
In contrast, a reimport is a vehicle that was built in Germany and was intended for sale in another country. The car will be returned to Germany. Through a reimport of the respective importer bypasses the price specifications established by the manufacturer. In addition, reimporting from a vehicle within the EU is free of customs duties. As a rule, a reimport of vehicles is a new car. Rare, but also possible, are re-imports of used cars. More details on reimports can be found here: Buying a car - how does a reimport work?
Financial benefits of EU cars
If you are looking for a cheap new car, it is well worth it if you do not ignore the price of vehicles in another country. Ideally, prices can be around 40 percent lower than the prices in this country. The reason is very simple: Abroad, a vehicle is taxed much higher. While in Germany only 19 percent VAT, it can be in a country in Scandinavia already 180 percent.
This has the consequence that the net selling price for the vehicle is correspondingly cheaper than the price in Germany. Otherwise, nobody could afford a new car. The net prices for the new car - of course always dependent on the manufacturer and model - are therefore particularly favorable, which in turn will benefit you if you opt for a new EU car. In fact, they only have to pay the VAT in Germany at the low net price of new EU cars. All in all, the most attractive discounts and thus low prices can be the result if you opt for a new EU car.
Denmark, the Netherlands, Greece, Spain, Portugal, Finland, and occasionally also Belgium or France, are generally favored as buyers of passenger cars
Buy EU cars - pay attention to administrative expenses
It is quite possible to import a new passenger car from another country as a private person. However, the administrative burden of buying re-imported cars and often being very high is by no means to be underestimated. For the car, for example, you need to seek a short-term license plate from your insurance company so that you can officially transfer the new EU car from abroad. The registration of the reimport EU new car with the local vehicle registration authority requires an original proof of purchase. When buying a vehicle on the foreign market - no matter what brand - the COC plays a crucial role. This is a document that the registration office also needs if you want to register the car in Germany.
In order to avoid problems with the insurance of EU vehicles, you have to be sure that you are purchasing a cheap new EU car and that this is a new car. This means that the car imported from another country may not have a previous owner and the speedometer should not display mileage. In addition, the car may be at most one year old. The completed service booklet of the EU new car is decisive for a guarantee. An important indication in this is besides the delivery date of the model also the chassis number. Only in the event that the papers of the new EU cars are complete and comply with EU law, are all authorized car manufacturer's authorized repairers obliged to provide warranty service for the new EU car.
Another point is the tax office. After the introduction of an EU new car, you have exactly ten days to settle the VAT due at the tax office on presentation of the original invoice. A smooth process can only be realized if you are well prepared for the vehicle purchase and get support from an expert at best. Or you decide directly for a qualified dealer, where you can get a personal consultation and address all questions around the topic of new EU cars.
Buy EU cars from a dealer
There are numerous dealers in the country who specialize in auto-reimporting new vehicles. If a customer who is looking for a cheap new car decides for this route, then he saves above all the administrative overhead, which can sometimes be quite high. However, you should not refrain from visiting several dealers and using the personal advice to find out about the EU vehicles. Especially with regard to registration, insurance, defects in new vehicles and warranty and full manufacturer's warranty.
For a new EU car that is imported from abroad to Germany, it is common practice that the manufacturer's warranty begins to run for some time before being handed over to the buyer. A buyer, who wants to buy an EU new car, should accordingly deal with the issue of full manufacturer's warranty before buying.
Deviating features of the EU vehicles
Different countries, different customs and preferences. The equipment of the EU cars is always based on national preferences and not infrequently differs from those of a German new car. This can be quite advantageous, but it can also lead to disadvantages. The type designation of the vehicle does not necessarily mean that all equipment details are the same. Nor is it guaranteed that the EU car meets the standards of a German new car. Not even if it is a German brand. You always have to thoroughly check what the model contains - and what does not - in terms of features. For example, the electronic immobilizer is not standard across the EU. In Germany, however, this safety standard is required by many insurance companies.
In addition, when purchasing an EU new car, you should inform yourself in good time about the Euro 6 emissions standard. The Euro 6 emission standard specifies limits for the emission of air pollutants for motor vehicles.
In addition to safety, it is also about the personal preferences. If you do not want to do without air conditioning in your new passenger car, EU cars from the south will make sense. There are mostly air conditioners installed. The situation is different if you decide on a new car from a manufacturer in Scandinavia. On the other hand, you can trust in special winter equipment. The bottom line is just in terms of equipment utmost care, so that you finally buy the right car at the best price.
Guarantee and warranty
As long as the reimport is a new car from the EU, you need not worry about warranty and warranty claims. The claims are valid throughout the EU. All authorized dealers in Germany are obliged to process any claims. But this is only the case if the papers of the car are sufficiently marked. Especially crucial for guarantee and warranty is the service booklet. Make sure that both the date of delivery of the EU new car and the chassis number are recorded there. Then you are guaranteed no disadvantages in warranty claims.
Reimport or car with day registration?
Also through daily registrations can save a lot of money when buying a car. Day registrations are the legal and very common way that car dealers can use given manufacturer discount limits. This will make even cheaper deals possible and buyers can save even more on the purchase of a new car.
If an available new car is approved by a dealer for a single day, it is a day pass. In this way, a new car from a new used car. The car is either available directly from the dealer or in an interim storage facility. The vehicle usually does not leave its location at a day permit; the mileage remains at zero accordingly. A day permit is therefore only on paper and brings many benefits. For example, the customer receives cheaper discounts, the dealer increases his sales figures and the manufacturer improves his statistics. Since day registrations are usually warehouse vehicles, which are immediately available to the buyer, long delivery times are no longer necessary, just like a new car.
Car purchase in non-EU-foreign countries
If you are buying a car in non-EU countries, you must be extra careful. Then all claims will be treated according to the law applicable there. If in doubt, this can become a real problem and put you in front of an insurmountable hurdle. Laymen should therefore refrain from buying a new car in non-EU countries. Especially if there is no knowledge. When buying a car, it is essential to trust an expert.

No comments:

Post a Comment