Exporting Car To Lanka

[daxyz]

hi guys,

im a proud owner of an afla romeo 156 V6 and fully factory modified. has abt 220 bhp +. i am thinking of exporting it to lanka. cud any of u tell me how much it will cost me to bring it down. and also if i decide to sell it what could i expect to get ?

[Velocity]

  daxyz said:

hi guys,

im a proud owner of an afla romeo 156 V6 and fully factory modified. has abt 220 bhp +. i am thinking of exporting it to lanka. cud any of u tell me how much it will cost me to bring it down. and also if i decide to sell it what could i expect to get ?

WHATS THE ENGINE CAPACITY AND YEAR OF MANUFACTURE. ALSO PURCHASE VALUE OF YOUR CAR

[daxyz]

2002 model and its 2.5 litres or 2499 cc

[Velocity]

  daxyz said:

2002 model and its 2.5 litres or 2499 cc

i think you may have to get a blue permit as the car is more than 3 years old,

any expertise on bluepermits over here,

Mad Max ?

Also alfa's have very bad second hand value to my knowledge

[isurujosh]

  Velocity said:

i think you may have to get a blue permit as the car is more than 3 years old,

any expertise on bluepermits over here,

Mad Max ?

Also alfa's have very bad second hand value to my knowledge

Yeap indeed very little 2nd hand value for the none jap cars in SL, except for BM and merc, European cars are not perceived as reliable cars in SL and the spare prices are insane!

[AMG]

  daxyz said:

hi guys,

im a proud owner of an afla romeo 156 V6 and fully factory modified. has abt 220 bhp +. i am thinking of exporting it to lanka. cud any of u tell me how much it will cost me to bring it down. and also if i decide to sell it what could i expect to get ?

Forget it, not a good idea

[fuzzo]

heres the info on blue permits. i got theselast year. so some things may have changed...

There are 2 types of permits one can get.

1. Gift Permit

2. Exchange earned abroad program

Gift Permit

Sri Lankans gone abroad for employment on valid visa are entitled to donate vehicles to their blood relations. They can donate motor cars (petrol no exceeding 1800cc, diesel not exceeding 2300cc) and jeeps (not exceeding 3000cc) not older than 05 years from the date of first registration

Applications to import vehicles under this scheme should be sent, only when the donors are working abroad. They cannot donate vehicles after coming back to Sri Lanka.

Following documents must be attached to application

a. copy of Birth/Marriage Certificate to prove relationship

b. Photocopy of donors passport

c. Photocopy of valid visa

d. Letter from employer indicating the date of appointment, post held and

salary paid to the donor. Fax and email of employer should be indicated in

the letter.

e. Bank documents showing foreign earnings and remittance to Sri Lanka

covering the period of employment abroad.

f. Registration certificate / cancellation of registration (De- registration)

certificate of the vehicle (with English translation)

g. Photo of vehicle

Genuineness of the documents submitted with be verified with relevant agencies and if forged documents are submitted, those applicants will be black listed.

Applicants are required to pay a license fee of 155 of CIF value of vehicle. This is payable by bank draft

Exchange Earned Abroad Program

This scheme provides for importation of vehicles used by Sri Lankans abroad returning after termination of foreign employment.

Vehicles NOT older than 05 years

Requirements

a. Proof of employment for a period not less than 03 years

and foreign earnings.

b. The motor car should be registered under the name of the

applicant and used by him/her for a period exceeding 1

year immediately prior to departure

c. Motor car should not be older than 05 yrs from the date

of first registration

d. Registration certificate with English translation

e. Photocopies of passport

License fee of 03% of the CIF value is payable

Vehicles between 05 years to 10 years

Requirements

a. Proof of employment for a period not less than 05 years

and foreign earnings.

b. The motor car should be registered under the name of the

applicant and used by him/her continuously for a period

exceeding 3 year immediately prior to departure

c. Motor car should not be older than 10 yrs from the date

of first registration

d. Registration certificate with English translation

e. Photocopies of passport

License fees

Age of Vehicle Percentage of fees

5-7 years 5

7-8 years 7

8-9 years 9

9-10 years 12

Special conditions

* Vehicle must be right hand drive

* Licensee should present him/herself with passport at the

time of clearance of vehicle. Violation of this condition

will result in cancellation of license and confiscation

of vehicle.

* Vehicle should be registered in the name of the licensee

and cannot be transferred for 3 years

* Importation under any of this scheme or gift scheme is

permitted once in 5 years only.

[daxyz]

thanx for the expert advices guys...really do appreciate it.

[fuzzo]

no worries.. pls let us know if you decide on bringing the car down.

ps. don't expect to make a huge profit on the car. as others said, alfa doesn't have must of a 2nd hand market...

[Overdrive]

  fuzzo said:

heres the info on blue permits. i got theselast year. so some things may have changed...

There are 2 types of permits one can get.

1. Gift Permit

2. Exchange earned abroad program

Gift Permit

Sri Lankans gone abroad for employment on valid visa are entitled to donate vehicles to their blood relations. They can donate motor cars (petrol no exceeding 1800cc, diesel not exceeding 2300cc) and jeeps (not exceeding 3000cc) not older than 05 years from the date of first registration

Applications to import vehicles under this scheme should be sent, only when the donors are working abroad. They cannot donate vehicles after coming back to Sri Lanka.

Following documents must be attached to application

a. copy of Birth/Marriage Certificate to prove relationship

b. Photocopy of donors passport

c. Photocopy of valid visa

d. Letter from employer indicating the date of appointment, post held and

salary paid to the donor. Fax and email of employer should be indicated in

the letter.

e. Bank documents showing foreign earnings and remittance to Sri Lanka

covering the period of employment abroad.

f. Registration certificate / cancellation of registration (De- registration)

certificate of the vehicle (with English translation)

g. Photo of vehicle

Genuineness of the documents submitted with be verified with relevant agencies and if forged documents are submitted, those applicants will be black listed.

Applicants are required to pay a license fee of 155 of CIF value of vehicle. This is payable by bank draft

Exchange Earned Abroad Program

This scheme provides for importation of vehicles used by Sri Lankans abroad returning after termination of foreign employment.

Vehicles NOT older than 05 years

Requirements

a. Proof of employment for a period not less than 03 years

and foreign earnings.

b. The motor car should be registered under the name of the

applicant and used by him/her for a period exceeding 1

year immediately prior to departure

c. Motor car should not be older than 05 yrs from the date

of first registration

d. Registration certificate with English translation

e. Photocopies of passport

License fee of 03% of the CIF value is payable

Vehicles between 05 years to 10 years

Requirements

a. Proof of employment for a period not less than 05 years

and foreign earnings.

b. The motor car should be registered under the name of the

applicant and used by him/her continuously for a period

exceeding 3 year immediately prior to departure

c. Motor car should not be older than 10 yrs from the date

of first registration

d. Registration certificate with English translation

e. Photocopies of passport

License fees

Age of Vehicle Percentage of fees

5-7 years 5

7-8 years 7

8-9 years 9

9-10 years 12

Special conditions

* Vehicle must be right hand drive

* Licensee should present him/herself with passport at the

time of clearance of vehicle. Violation of this condition

will result in cancellation of license and confiscation

of vehicle.

* Vehicle should be registered in the name of the licensee

and cannot be transferred for 3 years

* Importation under any of this scheme or gift scheme is

permitted once in 5 years only.

Machan sorry abt pulling out this old thread but I have a question to ask. What's the max engine capacity on the 2nd type of permit. Is 2 litre turbo (petrol) possible to be brought down with this one?

[madmax]

  Velocity said:

i think you may have to get a blue permit as the car is more than 3 years old,

any expertise on bluepermits over here,

Mad Max ?

Also alfa's have very bad second hand value to my knowledge

Fuzzo is the blue permit expert. I can say a word on the second hand value of Alfas. I've seen some going around the 1 Mil range....

[fuzzo]

  Overdrive said:

What's the max engine capacity on the 2nd type of permit. Is 2 litre turbo (petrol) possible to be brought down with this one?

when i checked at that time, there was no engine capacity limit for the exchanged earned permit... this is the only way you can get downa higher capacity car.

[k89]

Machan Fuzzo, Under these two schemes you mention, is there is any provision to import a old car more than 5 years old. (1990 Model)

[fuzzo]

  k89 said:

Machan Fuzzo, Under these two schemes you mention, is there is any provision to import a old car more than 5 years old. (1990 Model)

yes in the 2nd scheme.. you can import a car upto 10 years old...

also there is a loop hole in this system, it does not look at manufacturing year, only at date of first registration. so if the manufacturing year of hte car is 1990 but its imported to another country and registered in 99, then you can bring this car down under the permit.

[Overdrive]

  fuzzo said:

when i checked at that time, there was no engine capacity limit for the exchanged earned permit... this is the only way you can get downa higher capacity car.

Thank alot machan. Do you think the regulations on this sort of permit changes reulaly. U know our luck. when u decisde 2 get a car down they will say something or the other is not in order. Do u know of a web site where they have updated info about this.the last time is went to the cust and ex. duty site but doesnt seem to mention this permit in details.

Thanks. any expert comments much appreciated!

[fuzzo]

this stuff is not on any site.. i went to the relevant dept (customs dept i think) and got this info sometime last year... better check it out before deciding to do anything. also you have to get this permit while you are still abroad. you can't do it when you are in SL

[Asanka76]

Great reply. really usefull

Anyway what I would like to know is are there any other charges on top of the 3% CIF price. Do we still have to pay VAT or anything else..?

cheers

  fuzzo said:

heres the info on blue permits. i got theselast year. so some things may have changed...

There are 2 types of permits one can get.

1. Gift Permit

2. Exchange earned abroad program

Gift Permit

Sri Lankans gone abroad for employment on valid visa are entitled to donate vehicles to their blood relations. They can donate motor cars (petrol no exceeding 1800cc, diesel not exceeding 2300cc) and jeeps (not exceeding 3000cc) not older than 05 years from the date of first registration

Applications to import vehicles under this scheme should be sent, only when the donors are working abroad. They cannot donate vehicles after coming back to Sri Lanka.

Following documents must be attached to application

a. copy of Birth/Marriage Certificate to prove relationship

b. Photocopy of donors passport

c. Photocopy of valid visa

d. Letter from employer indicating the date of appointment, post held and

salary paid to the donor. Fax and email of employer should be indicated in

the letter.

e. Bank documents showing foreign earnings and remittance to Sri Lanka

covering the period of employment abroad.

f. Registration certificate / cancellation of registration (De- registration)

certificate of the vehicle (with English translation)

g. Photo of vehicle

Genuineness of the documents submitted with be verified with relevant agencies and if forged documents are submitted, those applicants will be black listed.

Applicants are required to pay a license fee of 155 of CIF value of vehicle. This is payable by bank draft

Exchange Earned Abroad Program

This scheme provides for importation of vehicles used by Sri Lankans abroad returning after termination of foreign employment.

Vehicles NOT older than 05 years

Requirements

a. Proof of employment for a period not less than 03 years

and foreign earnings.

b. The motor car should be registered under the name of the

applicant and used by him/her for a period exceeding 1

year immediately prior to departure

c. Motor car should not be older than 05 yrs from the date

of first registration

d. Registration certificate with English translation

e. Photocopies of passport

License fee of 03% of the CIF value is payable

Vehicles between 05 years to 10 years

Requirements

a. Proof of employment for a period not less than 05 years

and foreign earnings.

b. The motor car should be registered under the name of the

applicant and used by him/her continuously for a period

exceeding 3 year immediately prior to departure

c. Motor car should not be older than 10 yrs from the date

of first registration

d. Registration certificate with English translation

e. Photocopies of passport

License fees

Age of Vehicle Percentage of fees

5-7 years 5

7-8 years 7

8-9 years 9

9-10 years 12

Special conditions

* Vehicle must be right hand drive

* Licensee should present him/herself with passport at the

time of clearance of vehicle. Violation of this condition

will result in cancellation of license and confiscation

of vehicle.

* Vehicle should be registered in the name of the licensee

and cannot be transferred for 3 years

* Importation under any of this scheme or gift scheme is

permitted once in 5 years only.

[Hola]

Fuzzo, isnt the gift permit not valid anymore?

[fuzzo]

last i heard, both these permits have been stopped...

[GTAm]

  madmax said:

Fuzzo is the blue permit expert. I can say a word on the second hand value of Alfas. I've seen some going around the 1 Mil range....

A 156 for one mill??? Where? I'll buy another f its a 2.0!!

A 300-/301- in good shape will be start at 1.4, 1.5m. You can't get later ones for less than 1.8m.

I'd reckon a unreg V6 will fetch about 2m at least.

Of coz depends on the condition. There's one advertised in last Sundays papers. A bit rough and not maintained by a specialist. He's quoting 1.55m. I think that'll be worth 1.1m/1.2m.

[Pericles]

  GTAm said:

A 156 for one mill??? Where? I'll buy another f its a 2.0!!

A 300-/301- in good shape will be start at 1.4, 1.5m. You can't get later ones for less than 1.8m.

I'd reckon a unreg V6 will fetch about 2m at least.

Of coz depends on the condition. There's one advertised in last Sundays papers. A bit rough and not maintained by a specialist. He's quoting 1.55m. I think that'll be worth 1.1m/1.2m.

Check the date of that post dude...

[Devinda_Z]

an agents valuation is the basis on which customs calulates the residual value & duty of the vehicle being imported correct?

if so in the instance wherean agent is not present ( Ex: Lotus , Aston Martin , GM etc) how does customs go abt making the duty figure??

[GTAm]

I might be asking a question that's already been discussed....but when it comes to the gifting permit.....is there a import duty levied? If so how much?

[fuzzo]

when i spoke to the import/export dept about this, they told me that the duty remains the same, where you save is that you can send cars older than 3 years as a gift...

they also told me to double check with customs if there are any concessions.

[Hola]

Fuzzo,

Anyway gift permit is not in use now is it? Its now haulted isnt it?

[fuzzo]

gift permits are still being issued...but will stop in the future.....