IMPORT OF VEHICLES
Because of protectionist measures, the number of foreign vehicles entered French territory is very small. The California is, in this respect, an almost inexhaustible pool of collection vehicles.
Besides the wealth of the local market, the California offers good prospects for finding old vehicles “in juice” and without corrosion.
LTI Cars offers a turnkey service to import your vehicle:
• Research and expertise of your car collection according to your specifications
• Negotiation and secure transaction with the seller of the said vehicle
• Vehicle repatriation management and delivery to your home
Importing a collection vehicle requires specific knowledge, experience, time and organization. That is why we invite you to entrust us with this mission.
We have the expertise to answer your concerns professionally.
The logistics of importing your CLASSIC CAR from California:
• Transport vehicle purchase location to the port for container layout
• Folder for shipping and insurance formalities
• Stuffing and maritime container transport in Europe
• Stripping and port transactions
• Approved Auto Expert Report FFVE *
• Folder and customs clearance
• road transport to your home
The price of old vehicles recorded an average increase of 400% in ten years. The passion of the ones turned into financial investment for others.
Old Flying is no longer limited to beautiful objects profiles capable of vibrating the fiber nostalgic collector that revolves in a universe of sound and fury, awash in oil and petrol. Today the car old is also and above all an excellent investment which, unlike the works of art, beyond the calculation of the ISF.
The Financial Times, in its edition of February 2013, estimated that the price of collector cars has increased on average by 395% since 2002,shattering the growth rate of 195% of works of art, one of the great wines have subsidized 166% or collection of watches including rising peaked at 76%.
Vintage cars, too long remained the preserve of enthusiasts passionate about mechanics, in the art market, generate a new look. Especially the buyers from Eastern European countries, the Middle East or the United States contributing to soaring prices.
The market is far from saturated. For Rétromobile, in its edition of February 7, 2014, Artcurial hopes to sell 25 million cars (15 million in 2013 and 12.5 million in 2012). In addition, economic policymakers are wondering about the consequences qu’entraînera the arrival of the Chinese in this market. For now, they do not have the right to import used cars, except for the concours d’elegance. A restrictive measure intended to force Western manufacturers to produce in China … Nevertheless, the day the Chinese will import a car collection, the market will, inevitably, its largest rise … An appointment not to be missed and who is preparing today.
Sources: Journal du Net, Eric CODER, January 2014
The entry of new international buyers on the classic car market is reshuffling the cards of this niche trade. Investment supplants passion.
With 200,000 automotive events per year, including 1300 major events and 2,000 clubs with 780,000 members, the market for car collection that still weighs 27.7 billion euros * is boiling. In fact, it’s almost a speculative bubble which sparkle this niche.Between 2009 and 2014, the price of high-end models has multiplied by 2.75, that of Ferrari – a category-they alone – by 1.8 and all conventional products by 1.12 .
The Matching Numbers network which organized this May 13, 2014 a meeting by inviting five business experts to shed light on the evolution of this market gives some explanations. A first response stated the fifty collectors present tax applied to those few objects that have more than 30 years, both as part of an assignment that ISF. A point that could justify the increased interest of some investors. “This is a financial asset in its own right, says Fabien Vatinel, director of wealth management at Neuflize OBC is even a token that can be used as collateral in a property purchase.”
Beyond 5000 euros – most cases! – Purchasers must pay a flat tax of 6% (from January 1) the price of the vehicle. But the other regime said common law of capital gains on property offer furniture, in fact, a complete exemption after 22 years of detention.
Another key factor: with Internet and internationalization of flux, this market is globalized and imports soaring. Topping the list (50 requires) the Mustang landed the United States as the Corvette, Porsche (also from Japan), MG, Triumph and Austin Healey. “Demand is also strong for the French models like the Renault Alpine coming from Japan,” said Christophe Hoche, leader Tran Scorp International (TSI). On the export side, conversely, the French market is watched by Russian buyers, the US and China. A new fact. “Out of 1,000 annual operations, only 5% are processed for export, but it is growing steadily,” says Christophe Hoche. The Renault 12, R17, and other Ami6 2CV generate a never-seen enthusiasm. “It’s crazy, cars that I imported it 10 years ago are being re-exported to the United States 10 times the price! “Says Franco Lembo, trader Champagne region at the head of Automobilia.
No doubt about it: the buyers are investors. “There are too few collectors.These keep their cars! “Says the professional who also confirms the soaring prices. The Porsche 993 GT2, for example, has seen its price tripled in two years.
Applications flock from all sides. Conductor recognized this market, the house Artcurial confirmed. “We send catalogs and 6000 15,000 mails worldwide. Our marketing has become international, “says Peter Novikov, a specialist at Artcurial whose sales véhciules collection of auction raised 29.5 million euros last year. A score already exceeded at this stage in 2014! And yet, it is an underdog against a player such as RM Auctions (500 million …). Some French still buying classic cars, for taste and to escape the ISF, but 88% lower at 100 000 vehicles go abroad.
In this expert cited increasing every month prices Butterfly SL 300 or 246 GT Dino … With this in mind, manufacturers are now embracing their old models, creating restoration workshops as Mercedes, Ferrari, BMW and even Peugeot. “There is a huge potential,” says Alexis Delicourt founder Delicourt Expertise.
Sources: The Argus Pro