The cost structure of importing cars through an agent is rather complicated. First is the vehicle price, which depends on the vehicle brand, model, and configuration, etc., with huge differences among different models. Second is the tariff, with a tax rate usually of 15%, and the calculation formula is Tariff = Dutiable Value × Tariff Rate. The consumption tax is determined according to the vehicle displacement. For 1.0L - 1.5L (inclusive), the tax rate is 3%; for 1.5L - 2.0L (inclusive), the tax rate is 5%, etc., and the calculation formula is Consumption Tax = (Dutiable Value + Tariff) ÷ (1 - Consumption Tax Rate) × Consumption Tax Rate. The value-added tax rate is 13%, that is, Value-Added Tax = (Dutiable Value + Tariff + Consumption Tax) × Value-Added Tax Rate.
Besides taxes and fees, there are also agency fees. Zhongshitong usually charges a certain percentage of the vehicle price, approximately between 3% and 5%. In addition, there are transportation fees, port miscellaneous fees, commodity inspection fees, etc., and the total of these may range from several thousand to over ten thousand yuan. Overall, for a car with a dutiable value of 500,000 yuan and a displacement of 2.0L, the total cost of importing through an agent is approximately between 650,000 and 700,000 yuan.
Professional consultant answers
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
The cost structure of importing cars through an agent is rather complicated. First is the vehicle price, which depends on the vehicle brand, model, and configuration, etc., with huge differences among different models. Second is the tariff, with a tax rate usually of 15%, and the calculation formula is Tariff = Dutiable Value × Tariff Rate. The consumption tax is determined according to the vehicle displacement. For 1.0L - 1.5L (inclusive), the tax rate is 3%; for 1.5L - 2.0L (inclusive), the tax rate is 5%, etc., and the calculation formula is Consumption Tax = (Dutiable Value + Tariff) ÷ (1 - Consumption Tax Rate) × Consumption Tax Rate. The value-added tax rate is 13%, that is, Value-Added Tax = (Dutiable Value + Tariff + Consumption Tax) × Value-Added Tax Rate.
Besides taxes and fees, there are also agency fees. Zhongshitong usually charges a certain percentage of the vehicle price, approximately between 3% and 5%. In addition, there are transportation fees, port miscellaneous fees, commodity inspection fees, etc., and the total of these may range from several thousand to over ten thousand yuan. Overall, for a car with a dutiable value of 500,000 yuan and a displacement of 2.0L, the total cost of importing through an agent is approximately between 650,000 and 700,000 yuan.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Besides what has been mentioned above, some special vehicle models may have additional certification fees. If the vehicle has special modifications or configurations, the cost will be even higher. Moreover, the charging standards of different ports may also vary, so it is best to first determine the specific vehicle model and the import port, and then consult the agent in detail.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
The transportation insurance fee should also be included. Generally, it is charged according to a certain percentage of the value of the goods, such as 0.1% - 0.3%. If the transportation process is long and the journey is complicated, the cost will be even higher. Additionally, the customs declaration fee is usually several hundred to over a thousand yuan and should also be considered.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Don't forget about the storage fee. If the vehicle cannot be picked up promptly after arriving at the port, there will be a charge for storing it in the port warehouse, calculated on a daily basis, and the charging standards of different ports are different, possibly several tens of yuan per day.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
The environmental protection standards of the vehicle will also affect the cost. If it does not meet the latest domestic environmental protection standards, rectification may be required, which will incur another cost, and the specific amount depends on the rectification items and difficulties.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
The document fee cannot be ignored either. The agency company will charge a certain fee for sorting out and submitting various import documents, usually several hundred yuan. Additionally, if certain procedures need to be expedited, there will also be an expedited fee.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Sometimes exchange rate fluctuations can also affect the cost, especially when there is a long time interval between the payment of the vehicle price and the payment of tariffs. Therefore, it is important to pay attention to the exchange rate dynamics when importing.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
If there are intellectual property-related fees for the imported car, such as brand authorization, etc., these should also be included in the cost, and the specific amount depends on the relevant agreement.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Some ports may have inspection fees. If the vehicle is randomly inspected by the customs, this fee will be incurred, but not every vehicle will be inspected.