This motor car is being sold as part of an overseas collection. It has been imported from the Middle East under the Bonhams temporary admission customs bond. Car older than 30 years are subject to the lower rate 5% import tax if the car is to remain in the UK & purchased by a private individual.
The 5% is calculated on the final selling price. For example, if the car sells for £8,000, then £400 is added, making the total amount payable £8,400. Cars less than 30 years old will pay 10% duty + VAT plus 20% import VAT.
A company buying the car will have to pay VAT on the hammer price, as well as duty + VAT. If you plan to export the car to your location, then you will only pay tax in that country, and can ignore these fees.
The winning bidder will receive a receipt for the final hammer value, and proof that HMRC fees are paid. If the car is subsequently exported abroad within 30 days then these fees are refundable.
Lastly, there will be a nominal administration fee of £350 for removing the car from bond and generating a NOVA from HMRC, and payable direct to the shipping company. A completed and processed NOVA will provide you formal proof that all duties & taxes are paid in UK and is required to register the vehicle with the DVLA.
In common with the majority of cars in this collection, this vehicle has been on static display for a number of years and there is no history available beyond that displayed in our photography section.
We have not tried to start or drive the car, so it will require recommissioning and is sold ‘as seen’. We cannot vouch for its mechanical viability or functionality.
It is available for view and inspection at our HQ near Abingdon and we will be pleased to show the car to you and/or your appointed engineer.
In common with many vehicles from the vendor’s collection, this 1962 LHD auto Imperial Crown car comes with very little history and no service records.
The chassis number is: 9223221612.
We know that the odometer currently reads 53,323 miles.
We know that it was living in Los Angeles between 1969 and 1978 (and possibly for some time before and after those dates).
We believe, thanks to a sticker in a window, that the car was probably owned by a resident of Indiana at some point.
We know that it was sold and shipped to Dubai in 2001.
And we know that it entered the vendor’s static display car collection some time after that.