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Toyota Premio local or import?
urstill1
#1 Posted : Monday, March 24, 2014 5:18:39 PM
Rank: User

Joined: 9/6/2013
Posts: 1,446
Location: In a house
I'm considering buying either a locally used 2005 Premio or importing a 2007 one. What would be the pros and cons of the two routes?

Does anyone have an idea of the total cost of importing a Toyota Premio 2007 model? If so, what would be the cost breakdown?
Prime
#2 Posted : Monday, March 24, 2014 7:11:43 PM
Rank: Member

Joined: 2/27/2011
Posts: 518
urstill1 wrote:
I'm considering buying either a locally used 2005 Premio or importing a 2007 one. What would be the pros and cons of the two routes?

Does anyone have an idea of the total cost of importing a Toyota Premio 2007 model? If so, what would be the cost breakdown?



Expect in the range of 1,015,000 for an 1500 cc grade 4 car. Importing one from sbt (yes i went back and have imported 3 other units fromthem after last years drama). Total C&F mombasa USD 8100. Duty figures as follows

Customs Import duty
Custom Value Kshs.333,034.00
Import Duty Kshs.83,259.00
Excise Duty Kshs.83,259.00
VAT Duty Kshs.79,928.00
Total Taxes Kshs.246,446.00
Import licence (IDF fee) Kshs.7,493.00
Motor vehicle Registration fee Kshs.9,465.00
Railways Development Levy (Ksh) Kshs.4,996.00
Total Amount Payable to Customs(Ksh) Kshs.268,399.00

Other Charges
Grand Total Port charges (Ksh) around 20,000.00
MSS LEVY (Maritime surcharge levy)around (Ksh) 1,463.00
Clearing & Freight forwarding Cost (Ksh):around 10,000.00
Shipping Delivery order fee (Ksh) 7,308.00
Radiation 1,000
Total Estimated cost of Clearance (Ksh) 308,400.00

If it is an 1800 cc one just add 20k to the above figure. Wouldnt advice on the 2000 cc engine. Prices will definitely comedown as the year wears on. From around June the new model will be around. Allions are cheaper, just incase. Hope the info will help you decide
urstill1
#3 Posted : Monday, March 24, 2014 7:35:12 PM
Rank: User

Joined: 9/6/2013
Posts: 1,446
Location: In a house
Prime wrote:
urstill1 wrote:
I'm considering buying either a locally used 2005 Premio or importing a 2007 one. What would be the pros and cons of the two routes?

Does anyone have an idea of the total cost of importing a Toyota Premio 2007 model? If so, what would be the cost breakdown?



Expect in the range of 1,015,000 for an 1500 cc grade 4 car. Importing one from sbt (yes i went back and have imported 3 other units fromthem after last years drama). Total C&F mombasa USD 8100. Duty figures as follows

Customs Import duty
Custom Value Kshs.333,034.00
Import Duty Kshs.83,259.00
Excise Duty Kshs.83,259.00
VAT Duty Kshs.79,928.00
Total Taxes Kshs.246,446.00
Import licence (IDF fee) Kshs.7,493.00
Motor vehicle Registration fee Kshs.9,465.00
Railways Development Levy (Ksh) Kshs.4,996.00
Total Amount Payable to Customs(Ksh) Kshs.268,399.00

Other Charges
Grand Total Port charges (Ksh) around 20,000.00
MSS LEVY (Maritime surcharge levy)around (Ksh) 1,463.00
Clearing & Freight forwarding Cost (Ksh):around 10,000.00
Shipping Delivery order fee (Ksh) 7,308.00
Radiation 1,000
Total Estimated cost of Clearance (Ksh) 308,400.00

If it is an 1800 cc one just add 20k to the above figure. Wouldnt advice on the 2000 cc engine. Prices will definitely comedown as the year wears on. From around June the new model will be around. Allions are cheaper, just incase. Hope the info will help you decide



Thanks a lot. Who does the clearance for you? SBT or you have an agent? I see SBT has lots of issues.
faa
#4 Posted : Tuesday, March 25, 2014 7:32:59 AM
Rank: Member

Joined: 5/8/2007
Posts: 709
Prime wrote:
urstill1 wrote:
I'm considering buying either a locally used 2005 Premio or importing a 2007 one. What would be the pros and cons of the two routes?

Does anyone have an idea of the total cost of importing a Toyota Premio 2007 model? If so, what would be the cost breakdown?



Expect in the range of 1,015,000 for an 1500 cc grade 4 car. Importing one from sbt (yes i went back and have imported 3 other units fromthem after last years drama). Total C&F mombasa USD 8100. Duty figures as follows

Customs Import duty
Custom Value Kshs.333,034.00
Import Duty Kshs.83,259.00
Excise Duty Kshs.83,259.00
VAT Duty Kshs.79,928.00
Total Taxes Kshs.246,446.00
Import licence (IDF fee) Kshs.7,493.00
Motor vehicle Registration fee Kshs.9,465.00
Railways Development Levy (Ksh) Kshs.4,996.00
Total Amount Payable to Customs(Ksh) Kshs.268,399.00

Other Charges
Grand Total Port charges (Ksh) around 20,000.00
MSS LEVY (Maritime surcharge levy)around (Ksh) 1,463.00
Clearing & Freight forwarding Cost (Ksh):around 10,000.00
Shipping Delivery order fee (Ksh) 7,308.00
Radiation 1,000
Total Estimated cost of Clearance (Ksh) 308,400.00

If it is an 1800 cc one just add 20k to the above figure. Wouldnt advice on the 2000 cc engine. Prices will definitely comedown as the year wears on. From around June the new model will be around. Allions are cheaper, just incase. Hope the info will help you decide


Great.Why wouldnt you advise on the 2000cc engine model...

And is there any real difference btwn an 1800cc and 2000c engine moreso for a fielder?
Prime
#5 Posted : Tuesday, March 25, 2014 9:37:33 AM
Rank: Member

Joined: 2/27/2011
Posts: 518
Let me say that it is entirely upto the buyers preference. The 2000 cc one has a D-4 engine whose issues have been highlighted before... see earlier threads. It is however cheaper than both the 1800 and 1500 cc models. You should be able, should you decide to buy one, to import sub 900K. However, re-sale is a very big issue. Hiyo gari utakaa nayo. It is not very easy to sell 2000 cc cars. in my opinion 2000 ccs is very tricky to sell. Guys generally prefer 1500 and 1800. 1000 and 1300 also have their markets. Anyone ranging around 2000 ccs is not a person whose first question would be "Inakunywanga sana?". Such would usually not mind 2500 of 3000 diesels. As for the 2000 cc one, power is very good, performance is also good. Consumption is good AS LONG AS you keep it within the econo-mode. im however not sure on how well mechanics handle those D-4 engines of late. Some years ago there were questions on their skill levels... Im not an expert on that though.
wilyum
#6 Posted : Tuesday, March 25, 2014 2:04:11 PM
Rank: Veteran

Joined: 12/21/2011
Posts: 1,010
Prime wrote:
urstill1 wrote:
I'm considering buying either a locally used 2005 Premio or importing a 2007 one. What would be the pros and cons of the two routes?

Does anyone have an idea of the total cost of importing a Toyota Premio 2007 model? If so, what would be the cost breakdown?



Expect in the range of 1,015,000 for an 1500 cc grade 4 car. Importing one from sbt (yes i went back and have imported 3 other units fromthem after last years drama). Total C&F mombasa USD 8100. Duty figures as follows

Customs Import duty
Custom Value Kshs.333,034.00
Import Duty Kshs.83,259.00
Excise Duty Kshs.83,259.00
VAT Duty Kshs.79,928.00
Total Taxes Kshs.246,446.00
Import licence (IDF fee) Kshs.7,493.00
Motor vehicle Registration fee Kshs.9,465.00
Railways Development Levy (Ksh) Kshs.4,996.00
Total Amount Payable to Customs(Ksh) Kshs.268,399.00

Other Charges
Grand Total Port charges (Ksh) around 20,000.00
MSS LEVY (Maritime surcharge levy)around (Ksh) 1,463.00
Clearing & Freight forwarding Cost (Ksh):around 10,000.00
Shipping Delivery order fee (Ksh) 7,308.00
Radiation 1,000
Total Estimated cost of Clearance (Ksh) 308,400.00

If it is an 1800 cc one just add 20k to the above figure. Wouldnt advice on the 2000 cc engine. Prices will definitely comedown as the year wears on. From around June the new model will be around. Allions are cheaper, just incase. Hope the info will help you decide


which gives the total cost to around 996,900k

and the same car locally is going for between 1.4m to 1.6m.

profit is 400k to 600 K ryt?

@prime , how long does it take to sell?
urstill1
#7 Posted : Tuesday, March 25, 2014 3:25:51 PM
Rank: User

Joined: 9/6/2013
Posts: 1,446
Location: In a house
wilyum wrote:
Prime wrote:
urstill1 wrote:
I'm considering buying either a locally used 2005 Premio or importing a 2007 one. What would be the pros and cons of the two routes?

Does anyone have an idea of the total cost of importing a Toyota Premio 2007 model? If so, what would be the cost breakdown?



Expect in the range of 1,015,000 for an 1500 cc grade 4 car. Importing one from sbt (yes i went back and have imported 3 other units fromthem after last years drama). Total C&F mombasa USD 8100. Duty figures as follows

Customs Import duty
Custom Value Kshs.333,034.00
Import Duty Kshs.83,259.00
Excise Duty Kshs.83,259.00
VAT Duty Kshs.79,928.00
Total Taxes Kshs.246,446.00
Import licence (IDF fee) Kshs.7,493.00
Motor vehicle Registration fee Kshs.9,465.00
Railways Development Levy (Ksh) Kshs.4,996.00
Total Amount Payable to Customs(Ksh) Kshs.268,399.00

Other Charges
Grand Total Port charges (Ksh) around 20,000.00
MSS LEVY (Maritime surcharge levy)around (Ksh) 1,463.00
Clearing & Freight forwarding Cost (Ksh):around 10,000.00
Shipping Delivery order fee (Ksh) 7,308.00
Radiation 1,000
Total Estimated cost of Clearance (Ksh) 308,400.00

If it is an 1800 cc one just add 20k to the above figure. Wouldnt advice on the 2000 cc engine. Prices will definitely comedown as the year wears on. From around June the new model will be around. Allions are cheaper, just incase. Hope the info will help you decide


which gives the total cost to around 996,900k

and the same car locally is going for between 1.4m to 1.6m.

profit is 400k to 600 K ryt?

@prime , how long does it take to sell?


I want to import a May - July 2009 Premio. I want it at the port in July. I have 1.3m. Is it possible? What would you advice? Buy at the auction or just select from the exporters' websites.
Prime
#8 Posted : Tuesday, March 25, 2014 3:47:04 PM
Rank: Member

Joined: 2/27/2011
Posts: 518
@Wilyum... Yes guys are making good figures. Especially those who import the last quarter of the year. The current prices are honestly not good. So those selling 2006 cars that were imported late last year are making tidy figures. Several people will also buy high mileage units and accident grade cars then rewind the odometers to "low mileage figures". As for the accident grade cars (grade R, RA and RB), the car should have been repaired satisfactorily but I would not advice for any car that has had a front panel replaced (From the door all round to the other door, including the bonnet) as it would indicate a frontal collusion, of which the magnitude is of course unknown. As for all my client cars, I insist on grade 4 as a minimum. If someone is purely out for the price aspect then I will also consider grade RA or R and grade 3.5 but not below. And I also tell them to keep around 15k just incase the car comes with a few hiccups here and there. Trust me, I understand what Tokyo meant when he said there is no cheap car in Japan. Buy at a reasonable price from a reputable supplier and you still make some good savings.

@urstill1... I admit, sbt did me in last year. Horribly. The only problem is this... They have very clean cars quality-wise and price-wise. Furthermore they reveal the auction grades for the cars. The only problem comes in when they ship over 1000 cars and selling when on the ship. The modalities of dealing with the shipping documents becomes tricky. The cars i have bought from them this year... cant complain. And the documents come quite early. IBC is good but pricey. Papera good but pricey. My advice with papera is... avoid any associated dealer cars. They are not owned by them and it can get tricky coz the same car is advertised by more than one company. you can actually pay for a car that has already been purchased by someone else. Beforward... very cheap, slow shipment. Tomisho and alainjapan... very good deals on trucks and vans. i'm yet to import from them though im seriously searching for a small truck.
wilyum
#9 Posted : Tuesday, March 25, 2014 4:10:33 PM
Rank: Veteran

Joined: 12/21/2011
Posts: 1,010
Prime wrote:
@Wilyum... Yes guys are making good figures. Especially those who import the last quarter of the year. The current prices are honestly not good. So those selling 2006 cars that were imported late last year are making tidy figures. Several people will also buy high mileage units and accident grade cars then rewind the odometers to "low mileage figures". As for the accident grade cars (grade R, RA and RB), the car should have been repaired satisfactorily but I would not advice for any car that has had a front panel replaced (From the door all round to the other door, including the bonnet) as it would indicate a frontal collusion, of which the magnitude is of course unknown. As for all my client cars, I insist on grade 4 as a minimum. If someone is purely out for the price aspect then I will also consider grade RA or R and grade 3.5 but not below. And I also tell them to keep around 15k just incase the car comes with a few hiccups here and there. Trust me, I understand what Tokyo meant when he said there is no cheap car in Japan. Buy at a reasonable price from a reputable supplier and you still make some good savings.

@urstill1... I admit, sbt did me in last year. Horribly. The only problem is this... They have very clean cars quality-wise and price-wise. Furthermore they reveal the auction grades for the cars. The only problem comes in when they ship over 1000 cars and selling when on the ship. The modalities of dealing with the shipping documents becomes tricky. The cars i have bought from them this year... cant complain. And the documents come quite early. IBC is good but pricey. Papera good but pricey. My advice with papera is... avoid any associated dealer cars. They are not owned by them and it can get tricky coz the same car is advertised by more than one company. you can actually pay for a car that has already been purchased by someone else. Beforward... very cheap, slow shipment. Tomisho and alainjapan... very good deals on trucks and vans. i'm yet to import from them though im seriously searching for a small truck.



@prime ,thank you very much, hw do u rate delight?
Prime
#10 Posted : Tuesday, March 25, 2014 4:13:12 PM
Rank: Member

Joined: 2/27/2011
Posts: 518
urstill1 wrote:
wilyum wrote:
Prime wrote:
urstill1 wrote:
I'm considering buying either a locally used 2005 Premio or importing a 2007 one. What would be the pros and cons of the two routes?

Does anyone have an idea of the total cost of importing a Toyota Premio 2007 model? If so, what would be the cost breakdown?



Expect in the range of 1,015,000 for an 1500 cc grade 4 car. Importing one from sbt (yes i went back and have imported 3 other units fromthem after last years drama). Total C&F mombasa USD 8100. Duty figures as follows

Customs Import duty
Custom Value Kshs.333,034.00
Import Duty Kshs.83,259.00
Excise Duty Kshs.83,259.00
VAT Duty Kshs.79,928.00
Total Taxes Kshs.246,446.00
Import licence (IDF fee) Kshs.7,493.00
Motor vehicle Registration fee Kshs.9,465.00
Railways Development Levy (Ksh) Kshs.4,996.00
Total Amount Payable to Customs(Ksh) Kshs.268,399.00

Other Charges
Grand Total Port charges (Ksh) around 20,000.00
MSS LEVY (Maritime surcharge levy)around (Ksh) 1,463.00
Clearing & Freight forwarding Cost (Ksh):around 10,000.00
Shipping Delivery order fee (Ksh) 7,308.00
Radiation 1,000
Total Estimated cost of Clearance (Ksh) 308,400.00

If it is an 1800 cc one just add 20k to the above figure. Wouldnt advice on the 2000 cc engine. Prices will definitely comedown as the year wears on. From around June the new model will be around. Allions are cheaper, just incase. Hope the info will help you decide


which gives the total cost to around 996,900k

and the same car locally is going for between 1.4m to 1.6m.

profit is 400k to 600 K ryt?

@prime , how long does it take to sell?


I want to import a May - July 2009 Premio. I want it at the port in July. I have 1.3m. Is it possible? What would you advice? Buy at the auction or just select from the exporters' websites.



Duty plus clearing an 1800 cc expect circa 510k. If you mis-time the months (say you import a july unit that ends up arriving in may) expect duty+clearing ya 600k. Work backwards to see if you can hack the required C&F from 1.3M. In My opinion... it is possible. Actually very possible
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