TRAKCAR does ED
#2251
Rennlist Member
At some point it is a used car legally and VAT taxes are due- you avoid that through the program, I am not sure what the legal limit is and who checks it.... but Peter is definitely pushing the boundaries. It is a steep tax- like 20K
#2252
Rennlist Member
Originally Posted by montoya
At some point it is a used car legally and VAT taxes are due- you avoid that through the program, I am not sure what the legal limit is and who checks it.... but Peter is definitely pushing the boundaries. It is a steep tax- like 20K
#2253
Addict
Rennlist Member
Rennlist Member
It should be ok at only 3 months (as long as under 6, I think). BTW, the tax is more than that (19% or 20%, I think)
#2254
Awesome mileage, and to think I was proud when I did 1600 miles on my ED.
Germany VAT is 19% so that could be a hefty bill.
Germany VAT is 19% so that could be a hefty bill.
#2256
Race Director
Thanks for the reply’s...still lost on why they care about mileage on a car that you are not buying or registering in their country...you just get to drive it around in the Porsche Euro Delivery program for a few months then it gets shipped to the USA.
#2257
Rennlist Member
Sort of like Montana registration that ppl are doing here....only at even greater savings!
#2258
Addict
Rennlist Member
Rennlist Member
Recent GT cars’ prices have been increasing relative to Germany. GT2 RS, Speedster, Spyder, and GT4 now cost more US Dollars (before tax) than Germans pay Euros (including 19% VAT). That’s a new unwelcome trend
.2 GT3 cost many thousand fewer dollars than euros.
Of course a Euro is still more valuable than a Dollar (but not 19%).
.2 GT3 cost many thousand fewer dollars than euros.
Of course a Euro is still more valuable than a Dollar (but not 19%).
Last edited by GrantG; 06-27-2019 at 02:34 AM.
#2259
Race Director
#2260
Race Car
Originally Posted by mdrums
Thanks for the reply’s...still lost on why they care about mileage on a car that you are not buying or registering in their country...you just get to drive it around in the Porsche Euro Delivery program for a few months then it gets shipped to the USA.
I also think that the car should registered in the country where it spends most of its time.
#2261
The car is still considered new if it has less than 6k km's on it or is less than 6 months old. I assume the ED avoids paying the EU VAT as they are effectively new cars leaving the EU (if the criteria is met). That car would be considered Used I have no doubt, and in theory they could claim the EU VAT. Hopefully they don't bother checking the km's..
#2264
Addict
Rennlist Member
Rennlist Member
#2265
Race Director
It's to prevent resourceful Europeans from ordering a car in USA and doing the ED, then keeping the car indefinitely in Europe thus avoid paying the 19% VAT on top of also paying lower US MSRP.
Sort of like Montana registration that ppl are doing here....only at even greater savings!
Sort of like Montana registration that ppl are doing here....only at even greater savings!