When purchasing cars from foreign auctions, especially in the US or Europe, it is crucial to understand the import process, required documents, and final costs. Proper preparation will help avoid unexpected expenses and simplify the entire purchasing procedure.
How Does Car Import from the US or Europe Work?
Buying cars from auctions can be done through intermediaries or directly. The most popular US auctions are Copart, IAAI, and Manheim, while in Germany, commonly used platforms include Mobile.de, Autoscout24, and specialized car auctions.
1. Choosing a Car and Participating in the Auction – The buyer selects a vehicle, evaluates its condition, and estimates repair costs.
2. Payment – Once the auction is won, the buyer must pay for the vehicle and the auction fee.
3. Transportation – The vehicle must be delivered to a port (typically New York, Miami, Los Angeles for the US), while European cars are usually transported by land.
4. Shipping or Transport – US cars are mainly shipped in containers or via "Ro-Ro" (Roll-on/Roll-off), which takes 6-12 weeks. European cars are usually transported by car carriers, taking 2-3 weeks.
5. Customs Clearance and Taxes – Import procedures, taxes, and vehicle registration must be completed upon arrival in Lithuania. For European purchases, only registration is required.
What Documents and Customs Procedures Are Required?
Car importation requires various documents depending on the country of origin. The essential documents include:
• Purchase contract or auction win confirmation
• Vehicle title documents (e.g., Title from the US, Fahrzeugbrief from Germany)
• Customs declaration
• Transport documents (CMR, Bill of Lading for sea shipping)
• Proof of payment for taxes and duties
• Technical inspection documents (if applicable)
Additional documents may be required at customs depending on the specific case. Customs procedures are often handled by intermediaries who assist with declarations and tax payments.
How to Calculate the Total Cost of a Car?
To assess the final cost of a vehicle, consider the following factors:
1. Purchase price – The price at which the car was won at auction.
2. Auction fee – Depending on the auction, it can range from a few hundred to several thousand euros.
3. Transportation costs –
o Shipping from the US by container: €1,000–2,000
o Transport from Germany by truck: €600–700
4. Import taxes:
o Customs duty (10% of car value if imported from the US; no duty within the EU)
o VAT (21%) applied to the car's value and transport costs if imported from outside the EU
o Registration fees (depend on CO₂ emissions and engine capacity)
5. Repair costs – Depending on the car’s condition, it may range from a few hundred to several thousand euros.
6. Technical inspection and registration – Required for non-EU imports, but not necessary if the car has a valid EU technical inspection.
Conclusion
Buying cars from foreign auctions can be profitable, but it is crucial to assess all potential costs and procedures. When purchasing from the US, one must consider shipping time and additional taxes. Careful planning and professional assistance can help acquire a vehicle successfully, avoiding unexpected expenses.
