Have a budget of strictly $15k, If I import a car from Japan around $6k-$7k. What would be the costs of compliance, rego and insurance?
I am planning to buy an efficient Japanese hybrid car under $15k, am eyeing either a Toyota Vitz (2017-2020) (Yaris basically) or a Honda Fit Hybrid (Jazz Hybrid).
Now, considering the cost of Importing one including an agent ($1.1-1.2k), and my insurance should be around ($2k) since I'm young and it's a Japanese model.
What would be my cost for everything else? Like Shipping, Compliance, Checks, Rego
Am I thinking realistically or should I change my plan?
If you have to ask, youre not the right person to purchase a grey import.
You are not going to save money vs buying a locally delivered vehicle.