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> Importing A Vehicle To Malaysia

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BeastX
post Jun 15 2008, 06:04 AM

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QUOTE(neuFERT @ Jun 14 2008, 12:52 PM)
under The Malaysia My Second Home (MM2H) programme,

One of the fringe benefits from this programme is the option for successful applicants to either import one (1) used car that belongs to the applicant personally from his or her country of residence (subject to Approved Permit but exempted from payment of import duty, excise duty and sales tax if done within 6 months from MM2H pass endorsement date) OR to purchase one (1) locally made passenger car in Malaysia which is exempted from payment of excise duty and sales tax (within 1 year from MM2H pass endorsement).
For foreigners... especially retired people... Like many Japanese have done so... bringing in their high powered/big cc euro made cars.
sk41
post Jun 16 2008, 08:51 PM

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You can find sample documents & form here
flyingfox
post Jun 19 2008, 12:41 AM

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arghh.... I saw a Civic Type R year 2007 only RM90k in Japan. Thinking of buying this 1 and import to Malaysia. Could I just buy an AP from Naza lets say RM50k and just like that? RM90k + 50k = RM140k ? Or I still need to pay alot of crappy taxes eventually much more expensive than buying a new Type R in Malaysia ?

This post has been edited by flyingfox: Jun 19 2008, 12:42 AM
BeastX
post Jun 19 2008, 03:04 AM

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QUOTE(flyingfox @ Jun 19 2008, 12:41 AM)
arghh.... I saw a Civic Type R year 2007 only RM90k in Japan. Thinking of buying this 1 and import to Malaysia. Could I just buy an AP from Naza lets say RM50k and just like that? RM90k + 50k = RM140k ? Or I still need to pay alot of crappy taxes eventually much more expensive than buying a new Type R in Malaysia ?
AP cost nothing... taxes will bring it more or less to 180 to 200k
flyingfox
post Jun 19 2008, 02:31 PM

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QUOTE(BeastX @ Jun 19 2008, 03:04 AM)
AP cost nothing... taxes will bring it more or less to 180 to 200k
*
if end up still 200k, then i better buy a new 1 in Malaysia. Really no way to get lower price ? How come those used car importer can get so low price ? Like Honda Integra 05 selling in Malaysia for around Rm170k, I saw 1 in jap site which is around RM70k, so I guess the cost should be around RM140-150k, mark up till RM170k. Hmm.... I think you are right, so basically just use the car value X 2 , should be the estimated price in Malaysia biggrin.gif



wait wait, I found another Type R which is around RM75k, so would it be around RM150k arrived in Malaysia?


Added on June 23, 2008, 3:24 pmi tried to use the formula in page 2. Jap made car got 25% off ?

so lets say brand new Type R in Jap is Rm95k

RM95k X 25% = RM23750
RM95000 - RM23750 = RM71250

so is RM71250 X 90% (1 year old car) = RM64125
RM64125 X 120% = RM76950 (this is the total tax??)

Total price after bring in to Malaysia = RM80k (2nd hand Type R in Jap) + RM76950(tax) = RM156950 ???

Correct ar?

This post has been edited by flyingfox: Jun 23 2008, 03:24 PM
hajimemashoo
post Jun 30 2008, 01:22 PM

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Hmm, I know this is a little too much to ask, but can write out the formula to calculate the final price to import a used car from overseas?

I have read through the thread and am quite confused how to calculate tongue.gif

I staretd a thread a long time ago but I think that info is outdated:

Link to old thread

Thinking of importing a used car from Thailand... icon_question.gif
sleepybee
post Jul 2 2008, 10:36 AM

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em..never know b4 this..tq bro!
jack1984
post Jul 9 2008, 08:59 PM

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CAN I KNOW THE DUTY DUTY OR TAX TAX THEY CHARGE ,WHERE THE MONEY GONE ALREADY????????????!!!!!!!!!!!!
snooex
post Aug 8 2008, 02:10 PM

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That's why many people are driving their imported cars for 10 years, 15 years.

Even tax for Proton, Perodua are relatively high too,..
michaellim1991
post Aug 10 2008, 03:17 PM

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importing cars to msia is so expensive @[email protected] unless u have an ap. . haha
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BeastX
post Aug 10 2008, 03:54 PM

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Getting an AP does not omit you from taxes and duties... It is just the right to import.. sadly even this is abuse in this country that a fee is added (inflated artificially) to use the AP which "they" have gotten for free from the government.
Dohc
post Aug 14 2008, 06:50 PM

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Wah..so expensive hah..

plan to bring back my car from UK

buy at 6500 euro = RM 40 K

i got an AP student,

car 1.8 cc (actually 1779 cc) japan made, model 2003..next year plan to bring back

So tax is???plus shipping??
BeastX
post Aug 14 2008, 08:51 PM

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QUOTE(Dohc @ Aug 14 2008, 06:50 PM)
Wah..so expensive hah..

plan to bring back my car from UK

buy at 6500 euro = RM 40 K

i got an AP student,

car 1.8 cc (actually 1779 cc) japan made, model 2003..next year plan to bring back

So tax is???plus shipping??
Calculation as on May 2008 (refer to my post #66), a car from Euro's Freight Fee is RM 1700 (not the actual transport fee... As a container may cost RM3 to 5k, from UK)

FOB value = [(Value on the year made, as on custom's list) - (15%,.. earnings/ keuntungan peralih)] x (% depreciation according to the age of the car)

your FOB, in 2009 your car exceed the 60months period so it will be 30% of the initial car value (-15%) in 2003.

CIF (Cost, Insurance, Freight) value = FOB + Insurance(1.5% of FOB) + Freight fare (RM1700).


(calculation below may not be accurate, but I was taxed so)

For your <2L

Import duty = CIF x 30%.
Excise duty = (Import duty + CIF) x 80%, effectively 104%.
Sales tax = (CIF + Import duty + Excise duty) x 10%, effectively 23.4%

Total tax for a 2L car = 157.4% x CIF value.

So all you need to know is the approximate selling price of your car in 2003 to calculate FOB, CIF and finally the tax you be subjected to...

This post has been edited by BeastX: Aug 14 2008, 08:52 PM
Dohc
post Aug 15 2008, 08:22 AM

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QUOTE(BeastX @ Aug 14 2008, 08:51 PM)
Calculation as on May 2008 (refer to my post #66), a car from Euro's Freight Fee is RM 1700 (not the actual transport fee... As a container may cost RM3 to 5k, from UK)

FOB value = [(Value on the year made, as on custom's list) - (15%,.. earnings/ keuntungan peralih)] x (% depreciation according to the age of the car)

your FOB, in 2009 your car exceed the 60months period so it will be 30% of the initial car value (-15%) in 2003.

CIF (Cost, Insurance, Freight) value = FOB + Insurance(1.5% of FOB) + Freight fare (RM1700).
(calculation below may not be accurate, but I was taxed so)

For your <2L

Import duty = CIF x 30%.
Excise duty = (Import duty + CIF) x 80%, effectively 104%.
Sales tax = (CIF + Import duty + Excise duty) x 10%, effectively 23.4%

Total tax for a 2L car = 157.4% x CIF value.

So all you need to know is the approximate selling price of your car in 2003 to calculate FOB, CIF and finally the tax you be subjected to...
*
TQ for info..

that mean = buy second hand from UK = RM 40K
plus tax + shipping = must spend almmost 30 K more..

then total price = most probably RM 70 plus++...am i rite?..


so, tax very expensive..how come parallel importer can get more cheper price?

For student, AP is free, so no need pay for it (except for form)

For parallel importer, AP normally they buy from politician..must spend roughly RM 40-50 K for it..but the total price when car reach at malaysia is still lower...

How come?
BeastX
post Aug 15 2008, 09:54 AM

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QUOTE(Dohc @ Aug 15 2008, 08:22 AM)
TQ for info..

that mean = buy second hand from UK = RM 40K
plus tax + shipping = must spend almmost 30 K more..

then total price = most probably RM 70 plus++...am i rite?..
so, tax very expensive..how come parallel importer can get more cheper price?

For student, AP is free, so no need pay for it (except  for form)

For parallel importer, AP normally they buy from politician..must spend roughly RM 40-50 K for it..but the total price when car reach at malaysia is still lower...

How come?
Your calculations are more or less right

... find out the price of your car brand new as in 2003... minus 15% of it... then that value x 0.3 (30% after 5 years).

Assuming the car is RM 60k in 2003(brand new). FOB would be RM15.3k, CIF would be RM 17229.5 (15.3k + 229.5 + 1700)

the tax would be 155.4%xCIF = RM27.119k.

You can appeal at the kastam office for an additional discount up to 40% or more (depends on your persuasion ability)..., so you can get probably around RM15k in tax. So maybe is still worth it in your case ... A Euro spec car for about RM55k not including shipping.. plus 5 to 6k or more, depends on your transport options.

Parallel importer cannot import cars exceeding 5 years, individuals/personel/student AP can. Lots are underdeclared, from my calculations they are still overpriced even after feeding AP holders and customs officers...

This post has been edited by BeastX: Aug 15 2008, 10:05 AM
vX-2
post Aug 17 2008, 08:09 AM

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Hi,

Just some questions.

1) Is there no way to bring back a left-handed drive car back to M'sia?
(Situation: Student AP after owning it for 1 year and stayed in foreign country for more than 1 year, Car information: 2004, 1.3L).

2) I notice that it says "europe/ UK" in the tax section, most european cars drive on the right side, only UK drives on the left, isnt it?
[Drive on the right side = steering on the left]
[Drive on the left side = steering on the right]
(Wikipedia Source)
Thus, doesn't that means importing a "steering on the left-side" car is possible?

Thanks
BeastX
post Aug 17 2008, 09:08 AM

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QUOTE(vX-2 @ Aug 17 2008, 08:09 AM)
Hi,

Just some questions.

1) Is there no way to bring back a left-handed drive car back to M'sia?
(Situation: Student AP after owning it for 1 year and stayed in foreign country for more than 1 year, Car information: 2004, 1.3L).

2) I notice that it says "europe/ UK" in the tax section, most european cars drive on the right side, only UK drives on the left, isnt it?
[Drive on the right side = steering on the left]
[Drive on the left side = steering on the right]
(Wikipedia Source)
Thus, doesn't that means importing a "steering on the left-side" car is possible?

Thanks
1. Actually owning for 9 months is sufficient, ..... after checking online.. maybe left hand drive is allow... but will be very inconvenient to you...

This post has been edited by BeastX: Aug 17 2008, 09:48 AM
street5537
post Aug 20 2008, 08:24 PM

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so tat Malaysia gorverment and all the staff got money into ur pocket.....
than u buy than need to pay more....
Dohc
post Aug 21 2008, 02:16 PM

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is it any runner or company provided service for import personal car? using student AP?
BeastX
post Aug 21 2008, 03:13 PM

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QUOTE(Dohc @ Aug 21 2008, 02:16 PM)
is it any runner or company provided service for import personal car? using student AP?
There are... they usually charge you RM 2k for their services... which includes procedures going through customs, jpj and puspakom.... However if you personally go to the customs office, you may get a much higher percentage of discount (depends on your ability to negotiate, you may safe a lot in tax). This charge does not included unloading/transporting from docks... which may cost you RM1 to 2k more...

In fact any private citizen can be a runner....

This post has been edited by BeastX: Aug 21 2008, 03:15 PM

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