Archive for December, 2008

Russia Tightens Used Car Imports

December 16, 2008

In follow up to our previous blog post, we can confirm used car imports to Russia will have an increase in import duty.

As it was expected, Vladimir Putin has signed the governmental regulation on the increase of import duty on used cars to Russia. The regulation comes into effect in one month since the day of its official promulgation. It is informed that this duty is constituted for the period of 9 months concerning import of automotive engineering, trucks and automobiles.

Import duty on used cars aged from 1 to 5 years rises from 25 to 30 %.

For those who have been importing, you might notice it says 5 not 7 years. Here more on that:

The most disputable question is reduction of maximal import age of cars from 7 to 5. Cars over 5 years will be imposed from 2.5 to 5.8 Euro per 1 ccm import duty. Taking into consideration governmental measures taken on prohibition of car bodies with following parts it is evident that automobile market of Primorye will have hard times soon.

On the positive side, it looks unlikely that RHD (ie Japanese) vehicles will be banned. It is being discussed, but most authorities agree that to ban them would cause to much havoc in the Far East regions of Russia:

…the State Duma authorities discuss the question on imposition of technical regulations on prohibition of right-hand drive cars. But according to the talks of the governor of Primorsky region Sergey Darkin and Secretary of Industry and Trade of Russian Federation Viktor Hrystenko, it is unlikely to happen.

– Source: Vladivostok News

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Auction Watch: 2008 Nissan GT-R

December 10, 2008

Have you heard of the that little name before? Of course, it seems as if everybody knows about the GT-R (of the Skyline heritage). In fact, it seems to be the embodiment of Japanese sports cars in almost every aspect. This huge name is in popular demand in many parts of the world and you might be interested to know that it easy to get (although expensive) on the used car market.

Yep, that’s right. You can pop over to your favorite exporter/auction agent and find a number of “used” 2008 (and soon 2009) GT-Rs. We call them “used” because they’ve been purchased once by the person putting it on market, not because they’ve been driven a significant distance. One such example is a car on JCarBuys: a 2008 Nissan GT-R Black Edition with Bose sound system. Here’s some details:

Equipment: automatic air conditioning (climate control), anti-lock brakes, alloy wheels, power steering, power windows, spoiler, supplemental restraint system (air bags), cd player, television, navigation, central locking, electronic fuel injection, electric seats, leather seats, power mirrors, stereo, tiptronic, 3-seat
Vehicle notes: BRAND NEW CAR, FACTORY BOSE SOUND SYSTEM, REAR/REVERSE MONITOR, Black Edition.
R35 - 2008 Nissan GT-R Black Edition/Bose System - Black R35 - 2008 Nissan GT-R Black Edition/Bose System - Black R35 - 2008 Nissan GT-R Black Edition/Bose System - Black

Romanian Car Caveat Starts Filling

December 4, 2008

While imports (particularly used car trading) seems to be stagnating in most parts of the world because of economic turn down, there are still many nations still empty of affordable cars. Romania is one such place. According to Financiarul.ro:

In the first ten months this year, the number of used cars from import rose 105%, to more than 205,000 units…

As you can see, the eastern European nation is starving for affordable vehicles and while brand-new models remains prohibitively high, used car imports are filling all the holes in the social landscape. While nearly all of these cars are coming from Western Europe, there may be room for Japanese exporters to find sales direct or indirectly from this situation. While it may not be affordable to export cars to Romania (worth finding out for those looking to expand), we can expect the need of replacement cars in those nations that are selling to Romania. Maybe we’ll see increased imports for Ireland/UK/Netherlands as a knock-on effect.

Auction Watch: Excavators and Industrial Equipment

December 2, 2008

I would like to continue with our series of vehicles you can find at Japanese auto auctions. But I going to take a small detour from the regular cars and get into something bigger (literally). Excavators and other industrial equipment are often sold in Japanese auctions for a number of reasons. Just like private car owners, industrial vehicle owners need/want to change their vehicles according to demands the business has at the time.

Since it is no easy thing to sell such equipment alone, you will find several auto auctions selling industrial equipment on the side. In addition to the general vehicle auctions, there are also specialized auctions that focus just on industrial and construction equipment. Often these auctions use the parade auction format (cars are “paraded” in front of buyers and auctioned individually) due to the size of the vehicles and the money involved.

The quality of these vehicles can vary, but you will see many that are in great condition (for their use). Those who are serious about buying used large equipment should really consider buying from Japan. Many importers (from Canada to East African nations to South-East Asian to South American countries) purchase from Japanese auctions because even after shipping costs and other fees involved, you will find better quality for a cheaper compared to purchasing from a local market.

To give an example, here is a 2001 Kobelco excavator currently available for export on JCarBuys Stock:

YV02 - 2001 Kobelco SK115SR-1E Hydraulic Excavator - Green YV02 - 2001 Kobelco SK115SR-1E Hydraulic Excavator - Green YV02 - 2001 Kobelco SK115SR-1E Hydraulic Excavator - Green