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DB9er

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  1. Thanks nsa, I forgot that LCT is not on the entire customs value but the difference between that and $62k. Nice to know that LCT won't be $20k. Oh, much appreciated on the heads-up regarding the tether anchor points. I may get this done in SG before shipping it over. And yes, it is RHD, fortunately.
  2. Thanks nsa, good info there. So looking at 33% LCT and the other tax/duties that you mentioned plus shipping, does a total of $40k as the payables for exporting the car there sound reasonable?
  3. Hi DKC and nsa, Thanks for your insights! Actually the car that I intend to bring over to AU is indeed a DB9. Based on a 2006 DB9, any idea how much the customs value would be so that I can do a quick calculation of the LCT and other fees? And yes, I would be able to get back the PARF (55% of ARF) at the end of the 10-year COE (2016) before I export the car to AU. Cheers!
  4. Hi IronChef! I'm new here and would like to seek your advice on exporting my car to Australia. Just got my PR late last year and I am thinking of exporting my ride to Australia when I move over. I am from Singapore. Not sure if you are familiar with the taxation over here but there are all kinds of fees/taxes/costs in owning a car. Here is an example (all figures in SGD, current AUD/SGD is about 1.05): A brand new Toyota Camry 2.5 (Automatic) costs $160k. The OMV (original manufacturer value) is about $28k. This is what the car would cost without any additional fees/taxes/costs/dealer margins. Around $5.6k comes from the customs duty (import duty). Around $2k come from GST (goods and services tax) Around $30k comes from the ARF (additional registration fee) which is a form of tax. Another $70k comes from the COE (certificate of entitlement) which is yet another form of tax on ownership. The final $24k is made up of the dealer's margins plus miscellaneous fees. At the end of the COE validity period (10-years), the car owner needs to either send the car to the scrapyard, export it or bid for another COE. If he scraps/exports the car, a PARF (preferential additional registration fee) of around 50% to 55% of ARF is refunded to him. This translates into an effective 10-year "lease" price of $145k for the Toyota Camry. The advice that I hope to seek from you is if I export this Toyota Camry to Australia at the end of the 10-year period, would the $145k price-tag (depreciated over 10 years) be considered the purchase price of the Toyota Camry and used to compute the landed value when it touches down in Australia? Or would the more reasonable OMV of $28k (depreciated over 10 years) be used to compute the landed value? Your advice would be much appreciated!
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