Hello all,
A friend of mine owns a car dealership in the States and he wants to start shipping cars to Cambodia for resell. I advised him to ship 10-15 yr. old Toyota Camrys, Highlanders, or RX-300's.
Am I correct that the tariff is around 122% of the value of the car? Is that all of the duties required? When you ship it, do you only pay to park it in a container....or do you have to pay for the entire container?
Any advice would be appreciated.
Importing cars into Cambodia
It's very competitive market he's entering.
No, there's three different taxes/duties when importing. The largest isn't percentage based. It's based on the age of the vehicle and the size of the engine, a table I saw a few years back had a a tax for a new vehicle of engine size 5L and above of $55,000 and then going down for older smaller engined vehicles. I'd suggest he hire a good consultant/tax adviser.
No, there's three different taxes/duties when importing. The largest isn't percentage based. It's based on the age of the vehicle and the size of the engine, a table I saw a few years back had a a tax for a new vehicle of engine size 5L and above of $55,000 and then going down for older smaller engined vehicles. I'd suggest he hire a good consultant/tax adviser.
There are other threads about that on 440, with that table or a link to it.
Or you visit the ministry and get the most recent version instead of using what might de dated information....
Its a very transparent code based on engine capacity and age of the vehicle.They put three cars in each container, the third one sits on a timber cradle above the other two.There is a yard on mao tse tung a few hundred meters before the Intercon and you can see the containers being opened every week or so.The buyers are juggling phones and calling prospective buyers as the cars come out before they bid on them. Some cars have mouldy interiors and corroded aluminium under the bonnet, having sat in yards for months. But as we know khmers can polish any turd.
I can't see any upside in competing against the locals with their skinny margins and importing any vehicle out of the ordinary would be risky. I would import pickups, I saw a good truck today that I have never seen in cambodia. A 1997 350 cubic inch short wheelbase Chev pickup but the guy paid 40K for it because of its low mileage. He said most of these trucks have done two or three hundred thousand miles, but no doubt landed in cambodia this would be wound back to 90,000.
I can't see any upside in competing against the locals with their skinny margins and importing any vehicle out of the ordinary would be risky. I would import pickups, I saw a good truck today that I have never seen in cambodia. A 1997 350 cubic inch short wheelbase Chev pickup but the guy paid 40K for it because of its low mileage. He said most of these trucks have done two or three hundred thousand miles, but no doubt landed in cambodia this would be wound back to 90,000.
-
- Making Khmer girls cry since 2003
- Reactions: 130
- Posts: 21358
- Joined: Thu Dec 11, 2003 10:15 pm
I feel like we are repeating ourselves.logos wrote:There are other threads about that on 440, with that table or a link to it.
Follow my lame Twitter feed: @gavin_mac
I tried searching the old threads and could not really find the answer to my question.
Three cars to a container.............I wonder what else he could fill the container up with that would be easily resold here?
Three cars to a container.............I wonder what else he could fill the container up with that would be easily resold here?
Theres not much room to spare, they take the wheels off the top one. Ask a customs broker to give you the info on the duty payable. I still think pick ups are the go but there is bugger all money to be made I think.
- Petrol Head
- Grand Poobah
- Reactions: 71
- Posts: 5770
- Joined: Mon Aug 27, 2012 1:54 pm
Too much nonsense in this thread for me to carry on ignoring it. I recently set up local operations here for a company that exports used cars from the US to a variety of countries (now including Cambodia) and personally dealt with everything, from Maersk to customs to customers myself and can say with certainty:
- Unless they are high end vehicles ($80k+) or oversized pickups/trucks, it's 4 cars per container, and all will have front wheels removed and put inside the car for loading. That includes suv's like the lexus rx/lx/gx that are sold here in bulk.
- Petrolhead's table includes one of two sets of numbers that are relevant. A complete version (only applicable to regular cars, if you want pickups or commercial buses those are a separate table) is below. The numbers on top are the same as his, the numbers in bold below them are inclusive of all applicable import taxes (ie, what you actually have to pay).
- You don't need a consultant or tax adviser. Just follow the table to work out your expected costs, and customs will tell you how much you owe. You will need to go to Ly Hour to pay it. They will take the cheque, give you a preliminary receipt, then you can go back an hour later to pick up the actual receipt that shows customs has received the money. If you can't make the right contacts to clear the customs yourself, there are companies that will do it for you for a relatively low fee.
- If you are selling to wholesalers, they don't give a flying fuck about mileage as they'll be winding it back anyway. What they are concerned about are things that are hard to get fixed/replaced here to a high standard like cracked dash board panels (which RX300's are especially prone to).
I should note that the guy I set all this up for shafted me a couple of months after everything was up and running smoothly and all cars he had sent up to that point were sold. I won't be doing it again for anyone else.
- Unless they are high end vehicles ($80k+) or oversized pickups/trucks, it's 4 cars per container, and all will have front wheels removed and put inside the car for loading. That includes suv's like the lexus rx/lx/gx that are sold here in bulk.
- Petrolhead's table includes one of two sets of numbers that are relevant. A complete version (only applicable to regular cars, if you want pickups or commercial buses those are a separate table) is below. The numbers on top are the same as his, the numbers in bold below them are inclusive of all applicable import taxes (ie, what you actually have to pay).
► Show Spoiler
- If you are selling to wholesalers, they don't give a flying fuck about mileage as they'll be winding it back anyway. What they are concerned about are things that are hard to get fixed/replaced here to a high standard like cracked dash board panels (which RX300's are especially prone to).
I should note that the guy I set all this up for shafted me a couple of months after everything was up and running smoothly and all cars he had sent up to that point were sold. I won't be doing it again for anyone else.
Definitely only three cars in a container with the timber frame, you could do four with a proper steel ramp arrangement.Its a few years since I watched them unload but there were only three to a container.Bubble T is right about the commercial vehicles paying less though, I had forgotten that.I must go to ebay and look up old pickups.
-
- Similar Topics
- Replies
- Views
- Last post
-
- 1 Replies
- 500 Views
-
Last post by Spigzy
Mon Apr 18, 2022 1:57 am
-
-
Electric cars are becoming popular in Cambodia
by Oscar Zhao » Thu Jul 23, 2020 12:57 pm » in Cars and Bikes - 39 Replies
- 12223 Views
-
Last post by ragtag
Wed Oct 27, 2021 7:39 pm
-
-
- 16 Replies
- 3231 Views
-
Last post by YaTingPom
Sat Jul 10, 2021 8:17 pm
-
- 6 Replies
- 3020 Views
-
Last post by Scranter
Sat Oct 03, 2020 9:30 pm
-
- 9 Replies
- 863 Views
-
Last post by Spigzy
Thu Dec 01, 2022 10:18 pm