Financial advantage when entering a car from Germany – Money Tips, More about borrowing
Importing a car from Germany still gives you a considerable financial benefit. We hear that not only around us, but can also be demonstrated on paper because the annual figures are still rising sharply. However, there are a number of factors that you should take into account if you want to import a car from abroad.
But, if you do this the right way, you can count on a nice financial windfall. This advantage does not only apply to new cars. Importing young used cars from Germany can also be quite efficient. You can then count on a financial benefit that can run up to thousands of euros. Definitely worth it if you are planning to purchase a new car in Germany.
Save money by entering a German car
If you would like to import a new or used car from Germany, you will wonder why this gives you so much financial benefit. This is partly due to the difference in depreciation between the Netherlands and Germany. This difference gives you a nice saving. The German law stipulates that a car with a small number of kilometers on the clock may no longer be sold as new.
This makes the BPM a lot more attractive. In many cases you quickly pay 40% less than in the Netherlands. It is true that if you as a Dutchman want to enter a German car, you still have to pay a residual amount of BPM. However, since the car entered is not registered as new, this amount may not be based on the new value of the car.
In that case, the Tax on Passenger Cars and Motor Vehicles is calculated based on the current market value. Of course you also have to deal with VAT when purchasing a new car or used car. That is no different in Germany. Yet you can also count on a nice financial benefit here. Entering a German car is not done at 21%, but at 19% VAT. This 2% does not seem to make the difference, but this can add up considerably to the purchase amount of a car.
Even more benefits when importing a car
Although the introduction of a German car can give you a lot of financial gains, there are also a number of practical things that you certainly don’t have to stop importing from Germany. You can count on a wide range of used cars for an attractive price. The fact that the supply at our neighbors is much larger is partly due to the crisis behind us. As a result, considerably fewer cars were produced in the Netherlands than in Germany.
The production of luxury cars continued as normal here. Importing a German car is therefore also a good idea for a wide choice. In addition, German-made cars are often more luxuriously equipped. You can think of standard equipment with air conditioning or navigation. Packages for which you have to pay a lot of money in the Netherlands. If you import a car from Germany, you can also benefit from the same warranty conditions as in the Netherlands. This is because the European Union applies the same conditions when it comes to the warranty for cars. So you can import a new car or used carefree from Germany.
A well-maintained car for a lower price
Of course you import a car from Germany mainly for the financial benefit it brings with regard to VAT and BPM. But, with German car salesmen you can generally negotiate more easily. This is because the market in Germany is many times higher than in the Netherlands. Making a (real) bid for a car that you would like to enter is therefore highly recommended.
In addition to a lower purchase price, German cars are often better maintained. For example, in the Netherlands we sometimes want to skip a major turn by the dealer, in Germany that hardly happens. You will come across many more vehicles that are always dealer maintained. You can therefore assume that a car is in good condition that has been properly serviced by the dealer in time.