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How to Import Used Car into Philippines

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Page 1: How to Import Used Car into Philippines

How to Import Used Car into Philippines

The article is aimed at general information and whilst it is correct at time of posting you can alwaystry the owners website for the current info. It is sponsored by Car City in Ringwood Melbournewhich features Used Car Dealers such as Kangaroo Flat Car Sales Thankyou

Philippines is the 46th largest economy in the world, with an estimated 2010 gross domestic product(nominal) of $189 billion. Primary exports include semiconductors and electronic products, transportequipment, garments, copper products, petroleum products, coconut oil, and fruits. Major tradingpartners include the United States, Japan, China, Singapore, South Korea, the Netherlands, HongKong, Germany, Taiwan, and Thailand.

Automobiles Industry began in Philippines with the introduction of American-made cars during the1950s and 60s. But during the 1973 oil crisis, declaration of Martial Law by Marcos, some vehiclemanufacturers withdrew from the Philippine market; some of them, however, returned after Marcoswas ousted in 1986. During the early 1990s, many car makes returned to Philippines, but during theAsian crisis, some makers withdrew due to the economic slump. But love for cars has increasedsince with new models coming in.

Philippines is one of the major importers of used cars mostly from Japan and Korea, hundreds ofvehicles enter Port Irene every month. Some of the most popular cars in Philippines are Honda City,Honda Civic, Mitsubishi Adventure, Mitsubishi Freeca, Mitsubishi L300, Toyota Corolla, ToyotaCorolla Altis, Toyota Innova, Toyota Vios.

Who are eligible to Import Used cars in Philippines?

1. Only returning Filipino residents and foreign embassy diplomats are allowed to import motorvehicles "Duty Free"

2. Holders of 13A Visa: Foreigners married to Filipino citizens can import with payable taxes.

3. Holders of 13B Visa: former Filipino Sydney Car Dealers citizens can import with payable taxes.

4. Those who have worked or are working and residing abroad for at least one year are allowed toimport their personal used cars into the country.

Which vehicles are eligible to be imported in to Philippines?

1. Only left-hand drive vehicles.

2. Vehicles that match Philippine safety and emission standards.

3. All motor vehicles must have an Import Authority Permit issued by the Philippine Bureau ofImport Service before the vehicle is shipped.

4.Owner must have lived abroad for at least one year and car must have been registered in his nameat least six months if the car is more than three years old, vehicles more than three years old shouldbe registered under shippers name at least one year prior to application of the Import Permit

Page 2: How to Import Used Car into Philippines

5. All vehicles subject to taxes and duties.

6. Gasoline-fueled cars limited to 2,800 cc not over 1,500 kgs.

7. Automobile must arrive within 60 days of customer's arrival.

8. Destination Agent must be contacted prior to shipping any vehicles.

9. Only one vehicle allowed per family.

Documents required for custom clearance:

1. Original Registration and proof of ownership

2. Import Permit from Department of Trade or Bureau of Import

3. Surety Bond

4. Original Bill of Sale

5. Original Passport

6. Certificate of arrival

7. Stencils of chassis/engine number

8. Deed of Sale or Commercial Invoice

9. Other documents, depending on customer's immigration status

More and more new models from the most popular Japanese makes are available as USED CARSFOR SALE in Japan. BEST QUALITY AND LOW PRICES. Check the stocks at Japanesecartrade.comNow!

http://import.ezinemark.com/how-to-import-used-car-into-philippines-7d3256f94356.html