Volkswagen Enthusiast
AFAIK the rule change is not written in stone as yet.Originally Posted by Sharkie
Quite probably, however the 2018 rule changes means that you can personally import a new vehicle from overseas without having ADR restrictions ...... this means you can order and import any combination of options you want.
This freedom of choice will weigh heavier to me than local VW warranty ...... especially if I avoid ordering the combinations that have "issues" .....
And I'd be waiting to see what the T7 brings to the table with the new MQB architecture before even thinking of a parallel import.
And I'm sure as heck not parallel importing a new car without a warranty or local support unless I have serious cash to burn (since no bank is going to finance it) AND am prepared to fully depreciate the purchase in the first twelve months AND am prepared to self insure. Just not worth it for this sort of vehicle...
Volkswagen Enthusiast
Why do you think you cannot get finance in such a situation. I know of some local businesses that have bought equipment at overseas trade shows and had them financed locally on chattel mortgage deals. Maybe buying from an authorised UK VW dealer wouldn't scare the banks as much.
Volkswagen Enthusiast
You'd get unsecured finance for sure...but at a cost. You might get a chattel mortgage but what little I know about them suggests that the chattel in question has a residual value over the life of the loan. I suspect that a personal import T7 would have even less residual value than an Oz delivered T7 over the same period...no matter how 'rare' it might be.
I'm not saying don't import one...I'm just curiously wondering why one would given its not likely to be cheaper and all you'll end up with is a van.
Perhaps I'm not a true enthusiast?
Volkswagen Enthusiast
A chattel mortgage allows you to claim the full GST in the same period as payment and you can decide on a few payment options. Although for an overseas purchase there would be no Aust. GST. I've had terms of 5yrs/20% residual and even 4yrs/0%. You raise some valid points, one reason I would consider it is purely on getting a spec level/feature list that isn't offered here. If one can read German, the list of options on a T6 runs to several pages and in the UK, while not as extensive is still considerably greater then the meagre offerings of VWA.You'd get unsecured finance for sure...but at a cost. You might get a chattel mortgage but what little I know about them suggests that the chattel in question has a residual value over the life of the loan. I suspect that a personal import T7 would have even less residual value than an Oz delivered T7 over the same period...no matter how 'rare' it might be.
I'm not saying don't import one...I'm just curiously wondering why one would given its not likely to be cheaper and all you'll end up with is a van.
Perhaps I'm not a true enthusiast?
Volkswagen Enthusiast
OK! That's good info for me at least!
For an import of that nature there would indeed be GST and it would be on the vehicle and the shipping and the customs fees.
I wouldn't take the personal import path for the options list since most of it is trinkets. Driveline I'd consider...but not for a vehicle like this.
Volkswagenist
Not sure where you are coming from ....
You can finance (and secure) an import even now, the same as anything else. You can also fully (comprehensive) insure the vehicle and you will be able to get local support. Not warranty, yes, but certainly support from the local dealers (at a price) as well as hundreds of brand specialist mech workshops.
Yes, it would depreciate a bit quicker but after 5 years it will likely be almost exactly the same as a non-grey model and if the car you are importing is rare/unique (Scirrocco TDI for instance) then depreciation will probably be better ....
If you want something specific which the dealers don't offer, then this will be an option for many.
I expect to see "shops" offer to do this for you for a fee to make it an easy and painless process for the consumer.
Current: 2023 MY23 T-Roc R Lapiz Blue + Beats Audio + Black pack 2018 MY19 Golf R manual Lapiz Blue + DAP) 2018 MY18 Golf 110TSI (150TSI) Trendline manual White2014 Amarok TSI Red (tuned over 200kw + lots of extras) 2013 Up! manual Red 2017 Polo GTI manual Black Previous VWs and some others ...
Volkswagen Fan
1. On Financing. You can have a account split from your personal home morgage to finance for your company's chattel morgage. Your are not obligated to use an external company to get finance, you can be the finance provider yourself at a much cheaper (6%) home load rate, while getting all the perks of the company car financing. (of course, follow your accountant advise).
2. On T7. My concern with T7 would be reduction of safety due to anticipated descreased weight. My Multivan is for kids transport, I like its weight about 2.2 ton, heavier than average. If T7 drops it to 1.8 ton, that's a different story.
Multivan MY12 TSI350 Red. Previous: 2008 Tiguan 103Tdi. 2010 Tiguan 125TSi.
Volkswagen Enthusiast
I don't have a home loan. I already own my house. And I would never finance a car...period. Been there, done that, don't like the scars. Pretty much rules me out of a T6 or T7, eh?
As for the T7 weight versus safety comment...I'm going to leave that one alone because Mum always said if I can't say anything nice then I should shut the heck up.
Volkswagen Fan
What is all this talk of T7s? Don't we have a decade to wait now?
Tig-uan: The lighter car will be safer in every way possible.
Dubber
Had a look at a T6 Multivan yesterday, wife and kids liked it so talked turkey with dealer. They have one comfortline coming mid march for stock, which now has my name penciled in pending insurance claim on my current Picasso, impressions of the T6 demo after a road test and what the lease company can do.
Reply With Quote
Bookmarks