Do Parallel Imported Cars Still Require Tax Payment?
1 Answers
Parallel imported cars are subject to taxes. Whether it's a parallel imported car or an agent-imported vehicle, tariffs, value-added tax, and consumption tax must be paid. Overall, even the better parallel imported cars tend to be more expensive than their domestically produced counterparts of the same grade. Advantages of parallel imported cars: 1. Significant price advantage: Parallel imported cars bypass sales channels such as general distributors, regional dealers, and 4S stores, eliminating many intermediate steps. Additionally, parallel import dealers are not restricted by manufacturers in pricing, giving them more freedom, which results in considerable price discounts. Typically, parallel imported cars are 10%~20% cheaper than their manufacturer-approved counterparts. 2. Model and delivery time advantage: When new models are launched overseas, they may not be immediately available in China due to automakers' strategic planning or domestic certification processes. However, parallel imported cars have a natural advantage in this regard—they can be freely purchased overseas and then shipped to China for sale, significantly reducing the waiting time for new models.