I will be having a vehicle shipped to St Croix next month.
I know that there is a Duty charged on the value of the car.
My question is how is the value determined?
Is it by the NADA Blue Book, is it on the retail value?
Would appreciate your help if you have gone through or know about this process
i think it is based on the VIN and what partsare us and foreign made.
That is correct. Contact Customs to check what the rates are on the various foriegn made cars as all are charged different % depending on where made and if they have parts manufactured elsewhere than in the US. Possibly your shipper has this information available.
Here is a wee bit more info -
The VIN indicates that the vehicle was made in Mexico, which means a duty of 6% of vehicle value.
If I look up the vehicle value in Blue Book I see wholesale, retail, etc which could vary by thousands of dollars.
Is there any way to know what they will base the cars value on?
Made 5 phone calls 2 days ago, moved from one place to another to try and find the answer from the proper agency on island.
Went from can't help to don't know to call the IRB, which I did. Tried 3 different phone numbers which resulted in nobody answering the phone and no help.
Searched forum and have not found the specific answer yet.
I may just have to wait and expect to be surprised when I get there
Cheer up, is not a bid deal