Bad Advice
Originally Posted by
triple-bee
Good info, we have 5 to sell if and when we get there it looks like we will just sell here and rebuy in NZ
Look, I really cannot understand this nonsense. Like I have already said, I have imported 2 bikes to NZ. One old one (1999) in 2006 and then one new one in 2008. It was an absolute breeze on both occasions and I saved a fortune.
You will sell your 5 bikes for nothing in the UK and pay 40% more to re-buy them back in NZ. Like I said, I got 40% more for my bike and it was 4 years older than when I bought it. I saved a total of $5000 on the road inclusive of all charges importing my bike from LA. The only actual issue that I had was that my US model Triumph Tiger ABS version had never been imported into NZ. Apparently I have the only one So I had to get the VIN decoded. This took 4 phone calls and a fax to sort out. B I G D E A L
You just need to do your homework. Get a professional valuation done before you come out. Make sure you clean the underside of the bike yourself before getting it professionally cleaned. Make sure you have a Kiwi agent who knows the system and has all of the documenation in place before hand.
Maybe it has changed now however if you are emmigrating and have appllied for PR, you don't have to pay the GST. If your bike is less than 5 years old, they ask you to sign a DOU which means that if you sell the bike within 12 month of it arriving in NZ, you will be liable for the GST.
If you go and see the Coventry Group here, they do compliance checks on hundreds of imported vehicles a week.
Don't leave it to chance. Study and learn the rules and then insist that everyone else does too.
“PHEW.....JUST MADE IT............................. UP"
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