Do imported cars require customs duties?
2 Answers
Imported cars do not require customs duties. Before entering the domestic market for formal sales, imported cars have already paid customs duties, consumption taxes, and value-added taxes. These taxes are already included in the car price at the time of sale. Here is an introduction to relevant knowledge about imported cars: 1. Advantages: Exquisite craftsmanship, high-quality materials, superior performance, excellent handling, and comfortable ride. 2. Disadvantages: High price, mainly due to high customs duties, reportedly 30% of the car price. Compared to domestically produced cars of the same price, imported cars have fewer features, less impressive exterior design, and more expensive maintenance costs.
Yes, buying an imported car usually involves paying tariffs, just like importing regular goods. Tariffs are the basic fee, which countries use to regulate trade and protect local industries. For example, in China, imported cars are subject not only to tariffs but also to value-added tax (VAT) and consumption tax, which can add up to around half of the car's price—higher for high-performance vehicles. My friend bought an imported SUV last year and paid a 25% tariff plus a 13% VAT, which added over 100,000 yuan to the cost. Different car models have different tax rates, and electric vehicles might have lower rates, but overall, the import costs are significant. It's advisable to check the import policies and consult professionals to calculate the costs before purchasing to avoid budget overruns. Free trade zones or imports under trade agreements may qualify for reductions or exemptions, but generally, these tariffs are unavoidable.
