Notices
991 GT3 GT3RS and 911R
Sponsored by:

Urgently Seeking Allocation

 
Old 01-09-2014, 06:52 PM
  #31  
skuplist
User
 
skuplist's Avatar
 
Join Date: Jul 2013
Location: Houston, Texes
Posts: 793
Default

Originally Posted by tqevo View Post
Interesting, I was told VAT had to be paid upfront, and that they would store it in an escrow until the car got to the States, when it would then be refunded to you.
Well so far no one has said that. It is my understanding that no AVT is requested since this is a US car. The plates will expire so one would have to register it in some European country which would trigger the AVT tax.
skuplist is offline  
Old 01-09-2014, 07:15 PM
  #32  
Larry Cable
Super User
 
Join Date: Oct 2002
Posts: 16,991
Default

Originally Posted by skuplist View Post
Well so far no one has said that. It is my understanding that no AVT is requested since this is a US car. The plates will expire so one would have to register it in some European country which would trigger the AVT tax.
If you (temporarily) import a car into Germany you have to escrow the VAT (& import duty) I believe. If VAT also has to be placed in escrow for an export car, then this (was) transparent to the purchaser, I certainly did not have to do this when I did ED in 2007 (i.e: if its necessary, Porsche takes care of this).
Larry Cable is offline  
Old 01-09-2014, 08:06 PM
  #33  
eilig
Addict
Rennlist Member
Thread Starter
 
eilig's Avatar
 
Join Date: Jul 2005
Posts: 799
Default

Originally Posted by tqevo View Post
Interesting, I was told VAT had to be paid upfront, and that they would store it in an escrow until the car got to the States, when it would then be refunded to you.
This is what I was quoted as well...
eilig is offline  
Old 01-09-2014, 09:07 PM
  #34  
tangram
User
 
tangram's Avatar
 
Join Date: Apr 2002
Location: Toronto, ON
Posts: 367
Default

Originally Posted by eilig View Post
This is what I was quoted as well...
I didn't need to put up the VAT when I did my ED last summer. I just put down a modest deposit. Maybe this was a because I was in Canada but I can't see why that would make a difference.

FWIW, ED is definitely worth the headaches you are going through. It was a serious bucket list trip for me.

Enjoy!
tangram is offline  
Old 01-09-2014, 09:31 PM
  #35  
Mike in CA
Addict
Rennlist Member
 
Mike in CA's Avatar
 
Join Date: Jun 2001
Location: North Bay Area, CA
Posts: 11,865
Default

Originally Posted by tqevo View Post
Interesting, I was told VAT had to be paid upfront, and that they would store it in an escrow until the car got to the States, when it would then be refunded to you.
That's the way it was done with my Tourist Delivery in 2009. My dealer/Porsche didn't collect the full VAT, but rather a $10K good faith deposit. When the car came back to the States the $10K was returned with interest, IIRC.

Edit: Current info from the Porsche web site....

Payment must be made to your authorized Porsche dealer. Full payment includes the purchase price of the vehicle that was negotiated with your dealer.

Note: German tax laws require a Value Added Tax (VAT) to be paid on all purchases. Porsche Cars North America requires that your dealer collect the full VAT of 19% at time of payment, in the event that your vehicle is not exported under current Customs guidelines and standards. The VAT payment is fully refundable when your vehicle has cleared customs in North America.
Mike in CA is offline  
 


Thread Tools
Search this Thread
Quick Reply: Urgently Seeking Allocation


Contact Us - About Us - Advertising - Cookie Policy - Privacy Statement - Terms of Service

© 2019 MH Sub I, LLC dba Internet Brands

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: