How Much Tax Do You Need to Pay for an Imported Car?
1 Answers
Taxes on imported cars: Customs duty, with rates ranging from 25% to 50%; Consumption tax, with rates ranging from 10% to 45%; VAT: 17%. Below are considerations when purchasing parallel imported cars: 1. Do not blindly pursue low prices: A price that aligns with the market indicates a more reliable vehicle source. Any parallel imported car priced significantly below the normal market rate may have hidden pitfalls. 2. Choose well-known companies: Opt for large-scale, reputable insurance or warranty companies. Thoroughly understand the warranty product you are purchasing, carefully read the warranty details, and be wary of fine print traps.