How to Import Japanese Used Cars to Mongolia
Japanese used cars are famous all over the world. It can be seen on the roads of many countries. Many factors are responsible for the popularity of these cars, but reliability and durability of these cars are significant. These are low price and high-quality cars.
Like many other countries, Mongolia also imports Japanese used cars. Before 1990s Mongolian automobile market was dominated by Russian made automobiles. Today, it has shifted towards Japanese and Korean Vehicles. However, Japanese vehicles have dominated the market. The reason is durability and reliability of these cars.
Import of Japanese used from Japan to Mongolia is easier. Here is a step by step process for the import of these cars:
- Find a Supplier
You need to find a Japanese used cars supplier for the import of Japanese used cars in Mongolia. You can find used cars suppliers in Japan who export used cars all over the world. You can search them on the internet as many have their online portals.
Make it sure that the supplier you choose is reliable. Do online research about them. Ask in user forums and communities. Collect all the details about them. The best way is to get in touch with their past customers and ask them about their experience.
- Choose Your Car
You may have chosen your car for now considering your budget and other important factors. Budgeting is a major factor when choosing your car. You may have taken everything into account. However, if you have not finalized a car yet, you can explore stock of used cars supplier. You can find cars of different makes and models. Compare them keeping into view your needs and requirements and you can reach a good decision.
- Order and Payment
If you have chosen your desired car, it is time to order it. Order the car and you will receive an invoice. Pay the price in your local bank account so money can be transferred to their bank account in Japan. Send the receipt of your payment to the supplier.
After your supplier receives the payment, shipping process can be started. It depends on the terms and conditions agreed between you and your supplier.
- Port Clearance
You need to get your vehicle cleared off the port after it reaches on the port. Hire a Port clearance agent for the clearance of your car. Provide them all the related documents and fees. After clearance, you can receive your car.
Import Rules and Regulations
Here are some rules and regulations that you need to consider when importing Japanese used cars from Japan to Mongolia.
Ulan Bator and Port of Tianjin are two most popular ports in Mongolia.
Mongolia does not impose the age restriction on the used vehicles being imported in Mongolia.
Right Hand / Left Hand Drive:
Mongolia is a left-hand vehicle drive country. It allows import of right-hand drive vehicle with a special import license.
No special inspection is required for used vehicles being imported to Mongolia.
- Transportation Invoice
- Original Bill of Lading
- Contract for import
- Payment Receipt
- Original Commercial/Purchase Invoice
- License for import
- Packing List
- Cargo Manifest
- Driver’s License & Insurance Certificate
- Certificate of Origin
- Receipts of payment for related duties and taxes
- Status of quality control of goods
Taxes and Duties:
- VAT- 13%
- Import duty- 5%
Excise test depends on Engine Cylinder Capacity and car age.
Custom Declaration Fees:
- US$5 for basic declaration
- US$8 for basic intensive and simplified customs declaration
- US$5 for every additional declaration
You can import Japanese used cars in Mongolia easily. However, there are some rules and regulations that you need to follow.