What should you watch out for
when importing
There are a number of things you need to be careful
of when importing. These are as follows
1. UK Spec
You must ensure that you car is 100% UK spec. If your
car is not you may have trouble getting parts. Also
your insurance company will not be happy if it gets
damaged. Although dealers in this country can get the
parts it tends to take longer and could result in your
car being out of action.
2. Warranty
In the UK cars are generally covered by a three year
warranty. However, to try and stop imports often only
one or two years of this is provided by the manufacturer.
The remainder is covered by the UK distributor. Citroen
is a good example of this in that Citroen only provide
a one year warranty. Years 2 and three are provided
free by Citroen UK for cars that are purchased via their
dealerships

3. Insurance
and trading in
If your vehicle is considered to be a grey or parallel
import you will not get as much money when you come
to trade it in. Some dealers will not buy it, others
will offer a lower price. This is the case even if it
is full UK spec. Its difficult to understand why they
do this, cynics amongst us could believe that it is
because that car suppliers are trying to minimise the
pressure of UK dealerships and the generous margins

4. Using an import management company
It is possible to visit a European dealer, do the deal
and do everything else yourself. However, there are
a number of risks associated with this all which can
result in you losing money. Using a management company
does reduce much of these risks but you need to ensure
that your money is kept separately (Escrow account)
before paying as if they go bust you could lose your
money and not get the car.
5. Shop around
Not all car importers are the same, you have many that
are small companies and others like Virgin Cars, and
Jam Jar that are large organisations.
Whilst you get more security and peace of mind buy using
a big name and in some cases they have stocks of cars
you are paying for their large overheads and capital
requirements. Our experience that in many cases you
can obtain better prices either from UK brokers (using
UK dealerships) or smaller companies. |