Yes, most people do that (although importing from the UK means you will have a RHD car), I was just using the US as an example how prices differ. For instance:
Dodge Viper in US: $ 90.000,-
Dodge Viper in NL: $207.500,-
VAT is 19% = $17.100
BPM is $33.000,- (I used the BPM from a new Dutch Viper, it might be lower if you use the American MSRP)
Car: $90.000,-
--------------------------- +
$140.100,-
Shipping the car over might cost a few thousand dollars, but overall, buying a new Viper from the States and importing it yourself can save you $60.000,-!!!
I see. Here in Australia, we are prohibited from importing a vehicle unless;
a) it's older than 1989
b) it's a personal import. But you must have owned, driven and resided in the abroad country with the car for 12 months plus.
c) it falls under a specialist import list. Eg; cars you can't buy here. But they have to be deemed roadworthy by a government authorised body which costs a fair bit.
People used to import cars from Japan all the time so they restricted imports in general.
/posted via mobile device\
price of cars in Malaysia is beyond affordable really. We literally have the MOST EXPENSIVE CAR IN THE WORLD, and guess what, I can still seem huge lot of them in KL.
Not only cars are subjected to import tax, duties, excise etc that make up the price of the car, the roadtax (based on the cc of the car..yes this is ancient method) and insurance will cost a bomb based on the % inflated value of the car
eg:
1) Suzuki Swift cost RM85k/ ~US$27k (crazy price for a nifty car)
2) Honda Civic 2.0 cost RM135k/ ~ US$44k (this is what i pay excluding HP % of the car)
3) Tyt Camry/ H Accord 2.4 cost RM175k/ ~US$56k (dat is expensive, still out of reach)
4) VW Golf GTI RM220k/ ~US$71k (literally beyond me)
5) BMW 525 Sport cost RM575k/ ~US$185k (crazy to buy)
6) Merc S500 cost RM1.2million/ ~US$387k (exorbitant)
Statistics dictate that the avg Malaysian salary is approx RM24k/ US$7.7k per annum, thats why most of us bought "PROTON" as deemed affordable at avg car price from RM45k/ ~US$15k.
just my 2 cents and ranting.
cheers
Are Malaysians allowed to import cars?
err. literally no. One need to have a AP (auto permit) to import car. But this is a no brainer prob as anyone can apply for a permit. But... OMG the tax will kill you enthusiasm..
1) Pay for import duties (jap car 80% to 120% depending on model, other euro car 300%)
2) Pay excise duties (here is another mind-blowing 80 to 150% based on car and chasis cc)
It is really not worth it for normal malaysian to go on the hassle of the above step 1 and 2.
I still fondly remember my Mitsu Sigma when Im studying in perth bought for AUD1k...hehehe...time flies
Those are crazy prices in Malaysia compared to average earnings. Even the local cars are double an average salary! Probably explains all the old proton taxis around.
This is my daily driver. BMW 325i. I enjoy driving this car.
The seats are comfortable to me. They are not the softest as some other manufacturers. It'd be best if you go to a BMW dealership and take one for a test drive and see how it feels.
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