The fundamental strategy of buying a vehicle in the United States and selling it abroad is no different from the strategy used for investing in the stock market. In the stock market, one attempts to buy low and sell high. Similarly investing in a vehicle for export follows the same consideration.
A buyer purchasing an investment vehicle in the United States should try to find a vehicle that will be in demand in a foreign market and purchase this vehicle at a price that allows for an acceptable profit margin after shipping and other related export costs are considered.
Finding a vehicle …
When considering selling new or used cars in the export market, it is important to think in terms of finding where there is demand for a particular product. In the case of exporting cars for sale overseas, a seller will primarily need to consider if there is a demand for imported vehicles in the target market.
After this consideration, a number of secondary factors arise which are related to the specific makes and models of vehicles in demand in your target market. Lastly, and perhaps most importantly, when thinking in terms of Return on Investment, given the costs, whether vehicle pricing …
Anyone involved in the sale of cars understands that setting the right price point is key to selling vehicles. Question of what is the best price for mall or auction is very important. Set your price point too high and potential buyers may be deterred; set your price point too low and your profit margin will be cut too thin. Therefore, the first step to setting a price point, involves understanding, what price buyers in a foreign market are willing to pay for your vehicle.
Although it is not possible to know the exact amount a foreign buyer will pay, it is …
Pros and Cons of Using a Broker
Investing in the export of goods can be difficult to manage if all segments of the shipping process are not monitored and addressed effectively. Shipping vehicles overseas can be a path with many traps that arise along the way. On both the departure and destination ends, there are several processes, paperwork and clearance tasks involved in getting a vehicle from its point of purchase to its destination market.
For those who are not fully acquainted with this process or do not have the time to devote to shepherding their goods through the exporting process, it may be …
Under normal circumstances, the legal issues related to selling a vehicle on the export market have to do with titling and registering a vehicle as well as customs and export regulations. However, there are other legal issues that may arise when buying a car in the United States and shipping it overseas for sale.
Recently, buyers of vehicles in the United States have been the subject of considerable press coverage concerning criminal investigations against exporters who primarily were engaged in selling luxury vehicles purchased in the United States for shipment overseas.
In 2014, there was a wave of news reports of crackdowns …