SRT Hellcat Forum banner
  • Hey Everyone! Vote for the Site Favourite HOTM winner for the year of 2022 HERE!
1 - 9 of 9 Posts

· Registered
Joined
·
17 Posts
Discussion Starter · #1 · (Edited)
Are hellcat prices elevated where you live due to scarcity?

I have a unique potential as a diplomat to be sent overseas with subsidized import/export costs. I wanted to ask all hellcat owners and fans in South America or Soviet Bloc countries what the relative value is in their area.

Where could I ask to be posted where it would retain the most value? I have a black 2020 base hellcat challenger with airlift 3P suspension.
 

· Banned
Joined
·
1,027 Posts
Are hellcat prices elevated where you live due to scarcity?

I have a unique potential as a diplomat to be sent overseas with subsidized import/export costs. I wanted to ask all hellcat owners and fans in South America or Soviet Bloc countries what the relative value is in their area.

Where could I ask to be posted where it would retain the most value? I have a black 2020 base hellcat challenger with airlift 3P suspension.
What are you asking? You have a Hellcat and my be sent overseas?
 

· Registered
'23 Redeye Jailbreak
Joined
·
5,021 Posts
I export vehicles to Europe and the middle east with regular occurrence. There is a premium on HCs in terms of value, but a large part of the price difference between here and there lies in a web of fees and modifications needed to be made to get the car to pass through customs. You simply cannot ship your vehicle from the US to Poland, for example and have it come off the boat or plane in the same state as it was when it left the US. Maybe ambassador staff can, I don't deal with that form of legality. But most people, no. You have to perform modifications to ensure the vehicle meets emissions and sound ordinances. You also have to have a valid import permit and pay any taxes or fees. And again, if you aren't getting free or reduced cost government transport, you have to pay to ship the vehicle. Depending on where it's going, it can cost up to 30 grand or so. There's a reason why I ship mostly to the Middle East like the UAE or Bahrain... their import laws are lax... and depending on who the customer is, sometimes completely nonexistent. This is not the case in EU countries and some Balkan countries are just weird. Some are open, others still operate like they're quasi-Soviet states with strict controls on imports and exports.

In summary, you need to check with the country you're planning on importing to so you can get what the import duties are and if they're even permitting the vehicles. Some countries permit only a limited number. Some will allow a permit, only if the modifications are made prior to arrival at customs. You'll see this regarding side mirror size or placement location, right hand vs. left hand drive, and so on. Most American vehicles going anywhere in Europe will need to be "detuned" and have an upgraded emissions system, at a minimum. So at least plan on paying for both a PCM tune and a TCM remap. That right there is about 3 grand alone.

Of course, when you do the required work for export, the vehicle will have no manufacturer warranty in-tact after the fact. Things to think on.

Lastly, as a former US service member who served abroad, I don't think it's legal to sell your personal vehicle you shipped over unless it meets all the aforementioned import duties. The laws and rules may have changed, but at least when I was over in that neck of the woods, we couldn't ship our sports cars over there to unload willy-nilly for huge profits. The cost to get a HC through customs in these countries can be staggering. Including the value of a new HC, it costs about $180,000 to get a car through Australian customs, which is why they sell them down there for $200,000. I don't know the deal in South America... but you personally wouldn't catch me driving an expensive car in any South American country save MAYBE parts of Brazil. Every other one, you're more likely to get gun jacked (I spent time in Brazil, Honduras, Mexico, Panama, and Nicaragua).

Thus, in short, you can plan on it costing you anywhere from 50-100% the value of the car's MSRP to get the car into some of the European countries. Then, you would have to sell it for around $150-$200,000 USD. You're not going to do that easily. Hence why those of us who do import/exporting, usually have a client wait list and a verified sale before we even begin the process of converting and moving the vehicle. This would be especially true in the Balkan states, as they are overall mostly impoverished nations. Selling a HC there is many times the annual salary of the median worker.
 

· Registered
Joined
·
17 Posts
Discussion Starter · #6 ·
Thanks for the extensive info! On govt orders there would be very little expense on my part (none for shipping) so it comes down to the tuning, but I would expect that this is already mirrored in the typical price point of a given region.

The real question is demand and scarcity.

I really want to spend more time in South America, but I only imagine the shipping costs are so much lower the avg price point would be as well.
 

· Registered
'23 Redeye Jailbreak
Joined
·
5,021 Posts
Thanks for the extensive info! On govt orders there would be very little expense on my part (none for shipping) so it comes down to the tuning, but I would expect that this is already mirrored in the typical price point of a given region.

The real question is demand and scarcity.

I really want to spend more time in South America, but I only imagine the shipping costs are so much lower the avg price point would be as well.
It only costs me a shade under 3 grand to get a HC to Bahrain in terms of shipping costs. So, shipping isn't the biggest issue. It's the mods you have to do to get the car legal and then any import tariffs the country applies. Those two are what jacks the import price. Of course, to get the car certified legal, you have to pay those fees up-front, so you need to have funds to be able to do that prior to selling it, unless you have a paid client who more or less buys the car here and pays someone like me to facilitate the logistics... and I just bill them as the fees come in.

For example, shipping a Hellcat to Germany 2 years ago, I paid a 10% tariff and a 19% VAT tax on a $90,000 car. Thus, just the fees alone were almost the equivalent to $30,000 USD. Then, it had to have new headlights, mirrors, exhaust and emissions work, extensive tuning and a German-approved gas evap system. I spent close to $57,000 all-in just to get that car in-country. I made almost nothing on it as I also value my time as money, and it took about 4 months to get the whole thing done. Sale price on it went for $171,000 USD and change. That was a one and done thing, it was neat to do but it taught me there's better markets to spend my time on. There's a reason why big companies handle these sorts of jobs. They can handle volume, I can't.
 

· Registered
'23 Redeye Jailbreak
Joined
·
5,021 Posts
Diplomats dont pay VAT or tariff on their one personal vehicle.. which would leave almost 50 grand in your case. If you could do it again with this caveat would it affect your choice?
You can import your personal vehicle, but can you then legally sell it off the ambassadorial compound or government installation? Back when I was there, the answer was no. I could ship my 1999 Mustang to Germany (and did), but I could not sell it off-base or to a German national. I could sell it to another US service member. I don't know if the same rules still apply or not. However, you have to recognize that the Hellcat is not a standard approved vehicle in any country other than the US and Canada. There's some serious red tape you have to go through to own one and drive it. Simply skipping the tariff and VAT fees is great, but it's still illegal over there until you do the proper mods and get it tested and certified and approved for import.

In reverse, take an ambassadorship in Japan. Go buy a new R36 GT:R when they come out in Japan before they're legal here. See what happens when you try and ship it back and try and apply for title and registration.
 
1 - 9 of 9 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top