What is the comprehensive tax rate for parallel imported vehicles?

[SanZoe]

Parallel imported vehicles have a comprehensive tax rate of approximately 25%. Below is an introduction to the tax calculation for parallel imported vehicles and the three key elements of comprehensive taxes for imported vehicles: Tax calculation for parallel imported vehicles: The comprehensive tax for parallel imported vehicles equals (customs duty rate + consumption tax rate + VAT rate + customs duty rate × VAT rate) divided by (1 - consumption tax rate). Three key elements of comprehensive taxes for imported vehicles: Customs duty: dutiable value × customs duty rate. Consumption tax: (dutiable value + customs duty) divided by consumption tax rate; (1 - consumption tax rate) × consumption tax rate. VAT: (dutiable value + customs duty + consumption tax) × VAT rate. The above three taxes together are referred to as the comprehensive tax rate.

[KennedyMarie]

The comprehensive tax rate for parallel imported cars is indeed quite complex. I helped a friend calculate it last time, and it's not a fixed number—it depends on the type and engine displacement of the car. Generally, the tariff is 25%, the consumption tax is tiered—for example, gasoline cars below 2.0 liters are around 5% to 10%, and the VAT is 13%. Combined, the tax rate could range between 50% to 100% of the car's price. I recommend checking the import price of the car beforehand and having a professional agency calculate it accurately to avoid ending up with a price that doubles and causes significant losses. Additionally, don’t forget about additional fees like customs clearance and licensing fees, which can also drive up the overall cost. In short, from a cost-saving perspective, parallel imported cars aren’t always a good deal, especially for high-displacement models where taxes are higher. It might be more transparent to consider officially imported models instead.

[LaAnna]

I think the tax rates for parallel-imported vehicles are a huge pitfall, especially for small-displacement cars where the tax burden is lighter, but for large-displacement ones, it's like a money pit. Specifically, the consumption tax varies with engine displacement—lower for small engines but can go up to 40% for those above 3.0 liters. Add a 25% tariff and 13% VAT, and the total tax rate can easily exceed 100%. I recommend comparing prices carefully before buying, as some importers offer all-inclusive prices covering taxes, which is more convenient. In the long run, policies favor new energy vehicles with lower taxes, which is good for the environment. If you're on a tight budget, it's better to prioritize official imports for clearer tax details and more reliable after-sales service.

[MacMadison]

As a frequent driver, I've encountered this issue. Parallel import vehicle taxes include a 25% tariff, consumption tax based on engine displacement (around 5% for small-displacement vehicles), 13% VAT, with comprehensive taxes typically ranging from 60% to 150% of the vehicle price. Higher-displacement vehicles face even greater taxes, so it's best to consult professionals before purchasing. These taxes make a significant difference and can save you a substantial amount of money.