Have You Considered Importing? How to Save Big Bucks on the Best Cyprus Cars
Cyprus has one of the largest ratios of registered passenger cars per resident. Some 600 cars per 1000 residents according to the most recent figures. Although the country is small, it has virtually no working public transportation.
Auto ownership isn’t just a luxury on the island, it’s a necessity if you want to get anywhere. Buying the best Cyprus cars isn’t for the fainthearted, though. For example, try finding a Mitsubishi Delica for sale!
Car prices in Cyprus are much higher than typical U.K. prices. It isn’t unusual to find ordinary secondhand cars asking premium prices. On top of that, auto dealers cannot offer financing or incentives.
Read on to learn about alternatives.
Why Are the Best Cyprus Cars So Expensive?
If you are looking at new cars, you may be in for some sticker shock. One reason is that cars built for the right-side driving world cannot be imported to the island for long-term use. Since the market for left-side driving is limited to a few markets, the sticker price of a new car starts higher.
After that, add in taxes. Excise taxes for new vehicles is determined by a formula based on CO2 emissions. There are transportation and port charges, VAT and dealer profit to consider, too.
Secondhand cars in Cyprus are often more expensive than elsewhere, too. A decade-old ŠKODA might fetch 10.000€!
Dealers import all cars for sale in Cyprus. Transportation, port fees and entry taxes plus profit are part of the price. Add-in registration fees and costs may approach double a similar vehicle at a U.K. dealership.
Which Cars Are In Demand?
Dealers in Cyprus take their chances and buy cars to import. They stock their showrooms. Then they wait for customers to show up and buy them. They build those costs into their selling price.
Japanese and European imports with right-hand driver’s seats are the most popular. Because of Cyprus’ island isolation, repair costs are very high, so vehicles with reputations for reliability are a priority. Fuel is costly, so buyers also look for efficiency.
If you want to find a larger car like a Mitsubishi Delica for sale to seat three or more children, for example, you may not have any choices on the island, at all.
What Is the Alternative?
Skip the Cyprus dealer by purchasing your new or used car in the U.K. and importing it directly to Cyprus. Get the exact auto you want, with only the accessories and extras you choose.
With the strength of the Euro compared the GBP, you can make the purchase at a discount. Instead of paying an unknown profit margin to a dealership, you pay a small fixed commission and VAT. An agent will
- Note your requirements and begin a search
- Search the entire UK and Japan for cars that meet your criteria (including Auction Sites, Dealerships and Private Sellers)
- Forward the details with recommendations
- Contact the seller and negotiate on your behalf
- Make Police, Insurance and Finance checks of the car
- Purchase the car on your behalf and arrange documentation
- Arrange UK transportation to a U.K. garage
- Arrange for extras or services at the U.K .garage
- Arrange transportation to Port and all export documentation
Cooperating partners in Cyprus handle the rest.
Importing Cars to Cyprus
If you are an E.U. citizen with an E.U. registered vehicle, importation to Cyprus is a straightforward process. This includes vehicles imported from the U.K. There should be no additional excise or VAT if the car ownership meets certain standards.
Watch out, however, for cars with high emissions. The registration fees for polluting vehicles can add up fast.
To import a vehicle, you need
- The Log Book/Licence Document (V5) for the auto
- The vehicle owner’s driving license
- Evidence of insurance in the Republic of Cyprus
- Customs form
- T2L Document or U.K. plates and registration
It may take a month or more to arrange for importation processing. This will delay customs clearance.
Once the car enters Cyprus and clears port, the authorities issue a form C72A. This form, the V5, evidence of insurance and Cyprus MOT certificate of emissions and roadworthiness certificate, are presented at the counter of the local Department of Transportation.
A point of caution: the forms may only be submitted in Greek. The registration process takes around three days. Expect to pay approximately 150 € plus inspection fees for documentary certification and registration processes.
The registration tax and road tax due for the vehicle depends on the size of the engine and the Co2 emissions.
Expediting agents can provide assistance in several languages and speed the process.
Why Buy If You Already Own?
Sometimes the best Cyprus cars are already owned. If the thought of giving up your perfect car is too much, our experienced agents in the U.K. and Cyprus can see to it that your auto is safely delivered, hassle-free.
Agents can collect the car, arrange paperwork for export from the U.K. Once in Cyprus, partners will
- Arrange for port clearance
- Take care of inspections and importation paperwork
- Arrange for registration
- Deliver to your home address (if needed)
One low commission of 260 € plus VAT does it all.
Beat the High Cost of Cars in Cyprus
Purchase the car you want, new or used in the U.K. or Japan. We can even help you do it. Even that elusive Mitsubishi Delica for sale.
Import the vehicle hassle-free to Cyprus. No hidden fees, no delays, no run-around. Completely transparent pricing and fair dealing in English, Russian and Greek.
British staff on the ground in the U.K. and Cyprus (Limassol port) see that you get only the best Cyprus cars at a fair price every time.
Why let a dealer profit from a lack of choices? Bring your own car to Cyprus and save! Our agents are ready to help you find the right car or help you import your existing car.
Contact us today to get started!