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Surprise Tax Attack - Shipping Classic Cars Overseas to UK
by Alex Naumov on October 28, 2014 at 2:55 PM
Her Royal Majesty is Displeased The Queen is apparently displeased with the HMRC (Her Majesty's Revenues and Customs) track record in collecting VED (Vehicle Excise Duty) on foreign registered cars in Britain. Historically the HMRC has kept records of foreign registered vehicles that …
Don't Be Delayed in Port of LA - Ship Cars through Port of Oakland
by Alex Naumov on October 27, 2014 at 11:32 AM
Don't Go East When West Is Best Not surprisingly, many company executives concerned about their products hitting the shelves in time for holiday shoppers, are threatening to divert ships from the west coast to eastern US port cities. Delays at the Port of Los Angeles are being blamed …
LA Shipping Lanes as Congested as Freeways Let My Cargo Go!
by Alex Naumov on October 24, 2014 at 3:35 PM
Congestion at Port of Los Angeles Hits Record High - Ship through Oakland It seems getting around Los Angeles by both land and sea is increasingly difficult. Traffic jams on its freeways are already legendary. Now it appears the LA Port is following suit with Long Beach Port not far b …
Window of Opportunity for Dealers - Ship Cars to Nigeria via Benin Now
by Alex Naumov on October 6, 2014 at 11:24 AM
Nigerian Import Duties Increase Use of Benin Port Nigeria is a developing nation in the throes of economic growing pains. The country's population growth is exponential; Lagos is predicted to be the world's 3rd largest city by 2015. Despite great disparity in the distribution of wealt …
What's Culture Got to Do with It? Options for Nigerian Car Importers
by Alex Naumov on October 2, 2014 at 10:29 AM
Short and Long Term View of Market for Nigerian Car Imports In our last blog we discussed the possibility of major changes in the Nigerian import car market. We reviewed several indicators that point to the implementation of a new import policy. Among the factors we considered were re …
Get Used Car Inventory To Tin Can Island Before It's Just Old Tin
by Alex Naumov on October 1, 2014 at 3:37 PM
Protect Yourself from Protective Nigerian Import Policy Changes Despite a world-wide recession, the International Monetary Fund reported a five fold increase in Nigeria's GNP for the period 2001-2011. This trend continues as does exponential population growth. In line with this, the s …
The Classic Car Cover Up - Unlocking a Car Shipping Mystery
by Alex Naumov on September 26, 2014 at 3:29 PM
The Mystery Every Dealer Shipping Cars Overseas Wants to Solve One thing is no mystery. Shipping cars via enclosed transport costs several times more than shipping the vehicles uncovered. This too is no mystery. The vast majority of cars, approximately 90%, are sent in open trailers; …
Why Shipping Cars to the Middle East May Increase
by Alex Naumov on September 15, 2014 at 5:20 PM
Growth in Demand for Used Cars In GCC There are areas within the Gulf region that have become famous, if not notorious, for their flourishing used car markets. Abu Shagara in the UAE, considered the largest such market in the world, certainly comes to mind. Prior to 2008, member count …
Changes in IRS Requirements for Overseas Car Shipping
by Alex Naumov on August 27, 2014 at 1:13 PM
EIN to Replace Social Security Numbers for Shipping Cars Overseas In an apparent effort to reduce chances of identity theft, the IRS has changed the ID protocol for shipping cars internationally. Employee Identification Numbers, commonly referred to as EIN, will be used in place of a …
Ferrari Reigns Supreme in Pebble Beach
by Alex Naumov on August 22, 2014 at 12:59 PM
The Prancing Horse Gallops Away with Top Prize Never in the history of the Pebble Beach Concours d' Elegance has one car made such a splash. Jon Shirley's 1954 Ferrari 375 MM Scaglietti Coupe, a former winner of best in class, took the 2014 prize for Best of Show. It is the first time …