FAQ's -Frequently Asked Questions Question. European dealers quote in euros, how do I calculate the equivalent £ Sterling cost of my car delivered to the UK, 'On The Road' with all UK VAT paid? Question. What sort of deposit will I need to pay on my new car, how much is it and is it in safe hands? Example 1 - Toyota MR2 Roadster Question. Sterling can go down as well as up against all foreign currencies, could I lose money on my new car? Question. Will my imported car conform to the same UK regulations & standards as cars supplied by UK main dealers? Question. Will my new car have the same specifications as UK main dealer supplied cars? Question. What warranty does my new car come with? Can I extend it? & Can it be serviced at my local main dealer? Question. How does my new come arrive at my door from the European Main Dealer? Question. Will UK VAT have to be paid on my new car? Who will be responsible for dealing with this along with registering my new car permanently in the UK? Pay in £ Sterling, price fixed. Hassle free! Question. European dealers quote in euros, how do I calculate the equivalent £ Sterling cost of my car delivered to the UK, 'On The Road' with all UK VAT paid? Answer. We quote all prices in both the Euro and the Pound. The cost quoted is also based upon that day's exchange rate thus allowing you to have up to date prices. Simply highlight you're desired 'Manufacturer' & 'Make' along with any factory fit options or dealer fit options that you wish. Our web site will automatically calculate what the car will cost in £Sterling on the road and delivered to your door. In order to convert the EURO cost quoted into £ Sterling you need to first locate the list price of the car. Then add any additional extras you want and divide the total by the rate of exchange stated by either your bank or building society. Remember our web site can calculate this for you at anytime. The example 1 shown below shows you how to go about this simple calculation if you do not have access to the Internet. TOP OF PAGE Question. What sort of deposit will I need to pay on my new car, how much is it and is it in safe hands? Answer. When placing a factory order to build a RHD UK 2001 Specification our supplying main dealers require a 15% deposit to be placed with the order, made payable directly to the main dealer (This also gives you peace of mind as these are Manufacturers dealers). The deposit is to confirm your firm commitment and allows the Manufacturer to build your car. If a customer wished to cancel their order AutoZone would endeavor to return the deposit paid once we or the Main dealer had sold the ordered car. The deposit needs to be electronically transferred from your bank account over to the relevant authorised main dealers bank account (This allows for a smooth safe and recorded transfer). |
Note. AutoZone acts as a broker between the customer and the main dealer and therefore we do not take any money from customers for deposits or outstanding balances. (This gives you total peace of mind as it’s the same as buying a car from your local main dealer. TOP OF PAGE Question. Sterling can go down as well as up against all foreign currencies, could I loose money on my new car? Answer. AutoZone is able to offer our service at NO RISK. Paying in a foreign currency presents risk because you are using foreign exchange rates, which like investments can go up and down. In order to eliminate the "risk" element AutoZone advise clients to protect themselves when making the final payment. (1) Foreign Currency Account -: A foreign currency account can be set up to run alongside your current account. You convert the whole purchase price into EUROS at the time of when you have ordered your new car. The EUROS is then held in this account. This is the easiest method as you will obtain a higher exchange rate than a forward exchange contract and you will earn interest whilst the money is in the foreign currency account. Available through your local bank, building society or
an independent provider. (2) Forward Exchange Contract -: A forward exchange contract is as the name suggests, a contract which is written between one of the above or your bank/building society and you which will guarantee the exchange rate that you will use in the future to convert your Pounds Sterling into EUROS. Whether the pound rises or falls over the duration of delivery the exchange rate, which is detailed in the Contract, is the one you will use upon taking delivery of your car. Available through your local bank, building society or
an independent provider. Tax Free Price is 21,009.00.00 EURO
Subtract the 15% deposit of 3,151.35 Euros (calculated by multiplying 21,009.00 E by 15%)
= 17,857.65 Remaining Balance secured at e.g. 1.65 Euros / £1 TOP OF PAGE Question. Will my imported car conform to the same UK regulations & standards as cars supplied by UK main dealers? Answer. All AutoZone import new cars are exactly what you would see if you took a trip down to your local main dealer. That is factory built right hand drive, full UK 2001 specification with English manuals. The only difference is the price. In most European countries where cars are built it is up to the manufacturer to meet certain design and construction requirements, which are implemented to make sure that they meet up to date environmental and safety standards. "Type Approval" or otherwise known as the "Certificate of Conformity" is recognised as the main system for ensuring such requirements are met. It is gained by the vehicle undergoing a series of stringent tests concerning environmental and safety issues. More importantly it is one of the first requirements needed when registering a vehicle. It must have a valid certificate of conformity to show the model or "type" has been approved. On top of this EC law states that all cars must have an E Mark that all manufacturers have to comply with. Without this they cannot be driven on English or European roads. All vehicles supplied by AutoZone come with the latest E-Marking and the relevant "type approval "certificate. TOP OF PAGE Question. Will my new car have the same specifications as UK main dealer supplied cars? Answer. All new vehicles supplied by AutoZone come with following Full UK 2001 standard specification. · Factory fit Right Hand Drive along with adjusted headlights positioned so that they are directed to the left. Speedometers all read in miles per hour. · Have the 'Type Approval' (or 'Certificate of Conformity') document along with the official European main dealer invoice. · English manuals, stereo manuals & service books. · A full 1-year manufacturer warranty (3 years available on certain makes see price list for warranty period) that is classed as Pan-European, therefore, it is valid within any EU member state including the UK. · All vehicles are subject to a Pre Delivery Inspection before leaving the European main dealer. · All vehicles are transported back to the UK and delivered to your door. Customers who wish to collect their own cars from the supplying European main dealer are able to. All vehicles meet the criteria for a first registration in the UK. Official UK V5 registration document reads ' Declared New At First Registration '. As well as 12 months Road Fund License along with government 1st registration fee paid. TOP OF PAGE Question. What warranty does my new car come with? Can I extend it? & Can it be serviced at my local main dealer? Answer. All new cars supplied by AutoZone come with 12 months manufacturers warranty, which is classed as pan-European, it can be used in the UK and Europe. This entitles you to full break down, parts and labor costs from any main dealer throughout Europe. Some manufacturers provide a 3-year warranty (see price list for manufacturer warranty period). You are also able to extend the warranty on the car either at the point of purchase or anytime before the expiry of the manufacturers warranty. This can be done through AutoZone any Main Dealer or a third party warrant company, however we recommend a warranty purchased through the manufacturers main Dealer. To purchase an extended warranty when ordering your new car simply circle the extended warranty option on this site. TOP OF PAGE Question. How does my new come arrive at my door from the European Main Dealer? Answer. When the manufacturer supplies the continental Main Dealer with your new car you will automatically be sent a "Vehicle Ready For Collection (PACK)." This pack details exactly what AutoZone must carry out in order to achieve the final UK 1st permanent registration & car arrival into the UK, answering any possible questions that you may have at this stage along with confirmation of the chassis number & outstanding balance. Before the cars arrive upon the shores of England each one is checked for any bodywork imperfections and is then shipped to Purfleet. They are then taken to a section belonging to Purfleet "Car Control". Here the cars are stored whilst the UK registrations take place. At this point all the necessary paperwork is taken care of and our transporter will then deliver the car to your door or you may collect it at this point. On delivery you are presented with a ”Vehicle Collection Pack” Once the outstanding balance has been received by the main dealer the car is then ready to either be transported to the UK, via one of our transport contractors or you are able to collect it directly from the main dealer. Our transport contractors use the latest transporters and all new cars are covered under a insurance cover of £1 million. This pack has all your necessary paperwork and a courtesy message from AutoZone. TOP OF PAGE Question. Will UK VAT have to be paid on my new car? Who will be responsible for dealing with this along with registering my new car permanently in the UK? Answer. As you purchased the car in Europe TAX FREE on entering the UK Value Added Tax will be required to be paid. The VAT is calculated on the rate of exchange current on the first day of the month the car entered the UK. This rate is fixed by Customs & Excise for the remaining period of that month. However, the customer is not billed by Customs & Excise for a period of up-to 4 weeks after we have handed in all the relevant documentation to acquire a successful permanent UK registration. Payments for VAT are payable to Customs & Excise not to AutoZone. The car will then need to be put “on the road” which requires an English registration as well as number plates & 12 months road fund license. On registration the customer's name and address are supplied so they are the first and sole owner of the car. The V5 document used to register the car shall state " Declared New at First Registration in GB." It is at this point that AutoZone will charge the customer the source fee as well as the “on the road” fees which include 12 months road fund license, first registration fee, number plates & transport. At this point he car is ready for collection or delivery to your door along with a “customer satisfaction document", this document needs to be signed by you stating the car is perfectly delivered to you and that you are entirely satisfied. Congratulations you have just received your new car and saved £££). TOP OF PAGE Pay in £ Sterling, price fixed. Hassle free! Paying in sterling offers all that paying in the Euro offers except the payment is in £ Sterling. We simply secure a forward exchange contract for your car allowing us to quote a price in £ Sterling that includes - - Your car delivered to your home/office or our offices.
- Outstanding payment payable on delivery. (only available for deliveries to AutoZone offices.)
- All UK Value Added Tax paid
- 'On the road' - includes 12 months road tax, government 1st registration fee paid & UK number plates.
- As the car is purchased in £ Sterling we are also able to offer competitive finance packages to suit business users as well as private individuals.
We charge a larger premium to the customer as we take on the exchange rate risk.If you have any questions contact us! TOP OF PAGE + Euro LIST PRICE MGF 1.8 VVC UK specification Right Hand Drive | 21,691.06 Euro | Optional Extras | | + Metallic Paint | 331.71 Euros | + Full Leather Upholstery | 499.15 Euros | = Total Cost of MR2 plus options Tax Free EUROS | 22,521.92 Euros | Above Total Divided by e.g. 1.58 EUROS / £ Sterling | £12,732.72 | + AutoZone Source Fee (UK VAT not included) | £650.00 | + Transport to English New Car Terminal (UK VAT not included) | £245.00 | + UK Number Plates (UK VAT not included) | £21.50 | = Total Tax Free UK Sterling (UK VAT not included) | £13,649.22 | x VAT based on UK standard rate of 17.5% | £2,388.61 | + 12 Months Road Tax & Government 1st Registration Fee | £180.00 | = Total Cost UK £ Sterling On the Road & UK taxes paid | £16,217.83 | |
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