Super Car Imports - A very lucrative business

S600BENZ · 20th July 2009, 11:00

It was the Mini Cooper.

canonball · 20th July 2009, 15:17

Yes it may be Mini cooper. He also got down LC's and X5 etc

speedy · 21st July 2009, 10:52

Quote:

Originally Posted by canonball

Yes it may be Mini cooper. He also got down LC's and X5 etc

It was the mini cooper and not the Maybachs. All the Maybachs were through the company and not by a private dealer. The person at Toyato Tech is a friend of mine and an importer and dealer of cars. The mini cooper is up for sale now.

canonball · 21st July 2009, 11:04

Toyato the guy (father) made claim to a friend about this! The same friend informed of the latest DRI issue as well.

His main client was (is?) the ghutka guy for whom he (father) stated to me he as supplied many cars since 1998.

speedy · 21st July 2009, 11:12

Quote:

Originally Posted by canonball

Toyato the guy (father) made claim to a friend about this! The same friend informed of the latest DRI issue as well.

His main client was (is?) the ghutka guy for whom he (father) stated to me he as supplied many cars since 1998.

That would be a tall claim. The Gutka guys Maybach was delivered to him by the Head of MBIL India at the pune plant. Pictures were in the papers and in some magazines too. It was also the first official Maybach sold in India. The Mini was sold to the Gutka guy and this car had come into problems. All papers of the car is clear now

agent4ferrari · 4th January 2010, 20:39

cant believe it...

Car importer applies for bail - dnaindia.com

Scorcher · 4th January 2010, 20:55

Quote:

Originally Posted by agent4ferrari

cant believe it...

Car importer applies for bail - dnaindia.com

Thats a big news. Thanks for sharing buddy, but not just Sanjay dutt, another actor has also bought a Shelby GT500 from Alberto Bostano.

canonball · 5th January 2010, 11:39

Quote:

Originally Posted by agent4ferrari

cant believe it...

Car importer applies for bail - dnaindia.com

Whats not to believe, he was not to be seen anywhere these past 12 months (regularly showed his face in our area). And viola what do you know he is/has been an accused and in courts! I can believe it.

dipen · 5th January 2010, 12:15

But dosen't used cars attract more duty compared to new cars.

@agent4ferrari,
Since you are in this line of business, what is the actual difference in offcial duties for used and new cars.

agent4ferrari · 5th January 2010, 14:50

Percentage wise its approx 80% but the base values on which they are calculated is different. Former is on MSRP, the later is on RDV. Im not really in the used car business.

Italian car importer's bail challenged in Bombay high court - dnaindia.com

DRI seeks cancellation of anticipatory bail to importer of cars

India Business

Mumbai Online - A complete guide to Mumbai

canonball · 5th January 2010, 15:03

Not sure what you want polled can you clarify as my understanding is that any medium/social platform is meant for info and transparency and not an old boys club.

Not sure what you are stating about the pain/sadness/being in other peoples shoe stuff All I know is we live in civilised democracy and follow a law and the LAW takes its course not sure about feeling and emmotions.

Are you related/associated with this guy?

canonball · 5th January 2010, 15:15

I feel there should be a poll/lobby/campaign to get duties reduced and make imports easier and simple rather than trying to garner sympathy for a law breaker! I am surprised you being from the business and all should be focusing on creating lobbies and industry networks to get rational (with economic study) thinking into the Govt mind on car duties etc rather than wasting your time on people who choose to BREAK the law. You sell respectible cars and global brands like Ferrari etc so focus on the respectible, professional and enthusiasts angle instead.

I am sure that the customs and all other revenue agents are also inolved in this scam when these cars were imported they to should be taken to task by the investigating agencies cheers

dipen · 5th January 2010, 15:22

One of the most useful posts to potential buyers of imported cars (below is an example of how much a C63 should or did cost and what all documents should be available when making the final payment to the dealer.)

Quote:

Originally Posted by CLS_55_AMG

the C 63 AMG is approx. 56,000 Euro ( Basic Price excluding options )

Lets say you add options worth 6,000 Euro

So, 56,000 + 6,000 = 62,000.

Now, add approx 2,000 Euro for Shipping, Insurance, Handling Etc....

So, 62,000 + 2,000 = 64,000 Euro.

Once the car lands, the customs duty payable is 114%, so that = 64,000 x 214 % = 1,36,960 Euro @ 58 ( Exchange Rate ) = Rs.79,43,680. Now, add Octroi @ 4.5% = 3,57,466, hence the Ex-Showroom Price Mumbai is 83,01,146/-

Next, add road tax 14% = 11,62,160

Plus insurance @ approx. 3.5% = 2,90,540

Total On Road Price = 83,01,146 + 11,62,160 + 2,90,540 = 97,53,846/-

There you go....thats the price...

Anand123 · 9th January 2010, 00:47

That was really a very useful piece of information buddy. Thanks.

20th July 2009, 11:00	#16
S600BENZ BHPian Join Date: Mar 2004 Location: Mumbai Posts: 305 Thanked: 11 Times	It was the Mini Cooper.
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20th July 2009, 15:17	#17
canonball Senior - BHPian Join Date: Dec 2006 Location: Mumbai Posts: 1,466 Thanked: 205 Times View My Garage	Yes it may be Mini cooper. He also got down LC's and X5 etc
	() Thanks

21st July 2009, 11:04	#19
canonball Senior - BHPian Join Date: Dec 2006 Location: Mumbai Posts: 1,466 Thanked: 205 Times View My Garage	Toyato the guy (father) made claim to a friend about this! The same friend informed of the latest DRI issue as well. His main client was (is?) the ghutka guy for whom he (father) stated to me he as supplied many cars since 1998. Last edited by canonball : 21st July 2009 at 11:06.
	() Thanks

4th January 2010, 20:39	#21
agent4ferrari BHPian Join Date: Mar 2006 Location: MUMBAI Posts: 193 Thanked: 0 Times	cant believe it... Car importer applies for bail - dnaindia.com
	() Thanks

5th January 2010, 12:15	#24
dipen Senior - BHPian Join Date: May 2004 Location: mumbai Posts: 2,234 Thanked: 725 Times	But dosen't used cars attract more duty compared to new cars. @agent4ferrari, Since you are in this line of business, what is the actual difference in offcial duties for used and new cars.
	() Thanks

5th January 2010, 14:50	#25
agent4ferrari BHPian Join Date: Mar 2006 Location: MUMBAI Posts: 193 Thanked: 0 Times	Percentage wise its approx 80% but the base values on which they are calculated is different. Former is on MSRP, the later is on RDV. Im not really in the used car business. Italian car importer's bail challenged in Bombay high court - dnaindia.com DRI seeks cancellation of anticipatory bail to importer of cars India Business Mumbai Online - A complete guide to Mumbai Last edited by GTO : 8th January 2010 at 17:12. Reason: PM coming up
	() Thanks

5th January 2010, 15:03	#26
canonball Senior - BHPian Join Date: Dec 2006 Location: Mumbai Posts: 1,466 Thanked: 205 Times View My Garage	Not sure what you want polled can you clarify as my understanding is that any medium/social platform is meant for info and transparency and not an old boys club. Not sure what you are stating about the pain/sadness/being in other peoples shoe stuff All I know is we live in civilised democracy and follow a law and the LAW takes its course not sure about feeling and emmotions. Are you related/associated with this guy? Last edited by canonball : 5th January 2010 at 15:05.
	() Thanks

5th January 2010, 15:15	#27
canonball Senior - BHPian Join Date: Dec 2006 Location: Mumbai Posts: 1,466 Thanked: 205 Times View My Garage	I feel there should be a poll/lobby/campaign to get duties reduced and make imports easier and simple rather than trying to garner sympathy for a law breaker! I am surprised you being from the business and all should be focusing on creating lobbies and industry networks to get rational (with economic study) thinking into the Govt mind on car duties etc rather than wasting your time on people who choose to BREAK the law. You sell respectible cars and global brands like Ferrari etc so focus on the respectible, professional and enthusiasts angle instead. I am sure that the customs and all other revenue agents are also inolved in this scam when these cars were imported they to should be taken to task by the investigating agencies cheers Last edited by canonball : 5th January 2010 at 15:21.
	() Thanks

9th January 2010, 00:47	#29
Anand123 Senior - BHPian Join Date: Dec 2007 Location: KL-01 Posts: 2,297 Thanked: 5,225 Times	That was really a very useful piece of information buddy. Thanks.
	() Thanks