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Thread: Expats: advantages of taking personal car into China

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[quote=LEETUNGHONG,368075]There are a lot of expats want to import their own car from abroad into China, but complicated Chinese laws and regulations force them to give up. Someone may ask: why should I take my own car into China? It is more easier to buy one China. 
Here let me explain the advantages of taking personal to China.

1. Save a lot of money. 
For example, 06 ML350, 27000miles,excellent condition,vehicle price $30000. Shipping it to Shanghai, paying customs tax and acquistion tax, dealing with import steps,then finishing import issues and title, totally you have paid less than 500,000RMB[mood3]. But if you buy a similar one in China, after paying the acquistion and title fee, you have to pay about 620,000RMB[mood11]. The most important thing is: in China,there is no standard for used car, you can't get any car history report and guarantee of quality.

2. Save more time. For example, if you want to order a brand-new Cayenne 3.6, you have to wait for at least 6 months and pay more than 880,000RMB(base car). If you buy a car from US, from making payment to getting the car(finish all the steps), just 2 months and pay 730,000RMB(with more options and better vehicle condition). For luxury vehicles with bigger engines, the price of buying abroad is at least 90% of buying in China. Everyone knows that imported vehicles prices are several times of American prices.

Someone may complain: If my Porsche Cayenne (3.2, 06,30000miles) is located in US, just $30000, If I take it to China, I have to pay another amount of 300,000RMB, It is not worthy of taking. How can you explain?
To get this car you just pay less than 500,000RMB. If you buy a similar car in China, you have to pay more than 620,000RMB,this means you "earned" more than 120,000RMB(about $17500).

Every one has his understanding of this question. Just make your decision.

If you have any questions or need any help, pls contact us:

Lee Tung Hong Commercial Company
Tel:86-21-51692917
Fax:86-21-51692952
Email: lth_sh@yahoo.cn
Web: www.lth-sh.com 
[/quote]

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