As one the leading Dubai car export companies, Legend Motors has detailed knowledge and comprehensive experience transporting automobiles to Europe from Dubai and across the UAE.
There is much speculation associated with the automobile export business. Research online for a few minutes and you’ll often find conflicting information outlining what is required of car owners, what exporting vehicles entails and the responsibilities of businesses like Legend Motors who specialise in exporting automobiles from the UAE.
We’re here to debunk the most common myths that car owners mistakenly believe to be facts. If you’re considering, or about to export your car from the UAE to Europe, this is one article that you really should read.
Myth One: Dubai Car Export is Expensive
Nothing could be further from the truth. It’s certainly cheaper to export your car from Dubai to Europe than buying a new car once you arrive on the continent and less expensive than you may think.
A simple breakdown of the cost will clearly demonstrate this. Most of us believe that we will be liable to pay customs and VAT taxes, amounting to 10% of the value of your automobile and 20% as a VAT tax. However, this simply isn’t true.
You’ll find that many leading global automotive experts recommend car owners export their vehicles to Europe, if they are given the choice between selling the car when relocating. Why? It’s very difficult to achieve a reasonable re-sale price on automobiles in the UAE. This is especially true of automobiles valued over AED 50,000.
It’s certainly cost-effective to export your automobile to Europe from Dubai, whether intend to keep the automobile once you arrive on the continent or eventually sell it.
Myth Two: The EU Places Signing Restrictions on Vehicle Import
It’s not uncommon for a car exporter in Dubai to believe that the EU has significant automobile restrictions in-place, making it difficult to export specific, including elite automobiles to the continent. Again, this isn’t true.
The EU does place a handful of restrictions on automobile owners importing their automobiles to Europe. Perhaps the most commonly-known one is that you one you arrive on the European continent, you won’t be permitted to sell the automobile for 12 months.
In addition, depending on the vehicle you have imported, you may need to pay higher taxes if the automobile doesn’t comply with European exhaust emission classifications.
Car owners can apply for an exemption certificate upon arriving in Europe. You could also contact the ICB who specialise in helping GCC spec automobiles achieve EU standard specs and negating further taxation. It’s also worth noting that in 99% of cases, the ICB are successful.
Although, the EU does place some restrictions on the import of automobiles, these aren’t nearly as restrictive as you may think and can be easily negated, though as previously mentioned, you may need to wait 12 months before selling the automobile.
Myth Three: You Need to Demonstrate Comprehensive Documentation When You Export Your Car from Dubai to Europe
Once more, this myth is false. Anyone intending to import their car to Europe from the GCC region needs only present their passport, an invoice as proof of transaction and their Export Certificate which is obtained from the RTA or DoT.
This makes Dubai car export a much simpler process than many believe. Those who plan to export their automobile as a tax-free relocation good may be asked to present their residence visa (or at least a copy of their residence visa), a letter stating that you’ve lived in the UAE for at least 12 months or registration card, but little else is required.
Many car owners believe that they need to demonstrate a wealth of comprehensive information to legally import their automobile. This too is false.