How profitable is it to clear customs cars from the USA and what does customs clearance of cars depend on?

Buying cars from the USA at auctions. it is necessary to take into account not only the costs directly on the vehicle itself, but also those related to, for example, transportation, registration and, in particular, customs clearance of the car. This is a mandatory process that must be completed literally within the first few hours after you receive the car. You cannot drive a vehicle without customs clearance.

You can find out the cost of the service in advance by using a service such as car customs clearance calculator. By providing all the necessary information, you can receive current prices for all services. What exactly will the cost of customs clearance of a car from the USA depend on, how much does it affect the exchange rate and which car models will be most profitable to clear through customs this year? Let's take a closer look.

How to clear customs cars from the USA with maximum benefit

The main cost of customs clearance of US cars is excise tax. It is calculated using a simple formula where the base rate per vehicle is multiplied by the engine factor and the age of the vehicles. For example, the older the car, the lower the age coefficient will be. And the cost of customs clearance itself is usually less and less, the older the vehicle is.

It is also important to take into account the engine coefficient - the minimum rate today is determined for electric cars. Then come hybrid cars, then diesel ones. And gasoline car models have a high cost of customs clearance.

In any case, there is no need to hide the engine characteristics and age of the vehicle. Because if you discover an error in the calculations, you:

1. They will recalculate, establishing a fair and most accurate cost of customs clearance.

2. They will issue a fine, usually 200% of the total customs payment.

3. In extreme cases, they may even confiscate the car.

Which cars are most profitable to clear through customs this year? As practice shows, the smallest amounts for customs clearance services are charged for cars from the USA with a small engine. These are, for example, Nissan Rogue, Ford Focus, Dacia Logan, VW Jetta and so on.

That is, these are cars whose engine capacity does not exceed 2 liters. It is, of course, more profitable to clear customs models with an engine of approximately 1 liter. You can also expect a lower cost for the service if you order cars from the USA that run on an electric engine or cars with high mileage or serious damage.

The cost of customs clearance and exchange rates: is there a correlation between these processes?

Many drivers are also interested in how changes in exchange rates affect customs clearance? In fact, the influence occurs directly, although not so significantly. We have already noted that the service for customs clearance of a vehicle is calculated based on the cost of the car itself. Which in turn is accounted for in foreign currency: dollars or euros, depending on where the vehicle was purchased. Accordingly, the initial price for cars from the USA is calculated in US dollars. And here you should pay attention, among other things, to the current exchange rate for the National Bank. Any fluctuations will affect the cost of the car translated into hryvnia. And this directly affects the cost of its customs clearance.

Of course, if changes in exchange rates are quite smooth, you will not feel a significant difference. However, this aspect should also be taken into account. Since it is this that makes the cost of the service variable, it can vary several times even within one month.