Quote:
Originally Posted by karmakal
I'm from Belgium and I recently ordered my 520d in the UK.
Delivery is scheduled for August.
I purchase the car tax free in the UK and pay VAT in Belgium.
It will be supplied LHD, with a French Belgian setup and EU conformity document.
I locked the Euro / Sterling rate with a FX term contract to avoid any bad surprise due to currency fluctuations.
Re. delivery, the procedure is quite simple.
I pay the car when it arrives in the UK and BMW sends me the documents so I can :
* pay VAT in Belgium
* get Belgian license plates
* insure the car in Belgium.
Once I have the plates and the car is insured, I travel to the UK delivery point. There's a delivery point near UK side of the Chunnel, about 2 hrs away by train (TGV Eurostar) from Brussels. There the vehicle is equipped with my Belgian license plates and I can return home with the car.
I'm paying a little more than 39k EUR in the UK (including Belgian VAT and extra cost for LHD). The same car in Belgium (including 5% dealer discount) is worth over 51k EUR.
That's a 12k EUR / 23% saving.
Prices may be even better in the States but for European customers, importing the car is not as straightforward and we may run into conformity issues.
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I did a similar thing in 1999 when i bought a new 318i SE from the netherlands. It was RHD and UK spec and i saved around £5k after paying VAT. The only difference was that it had a 2 year warranty rather than 3.