Minimize Your Risk
With The Letter Of Credit
Get Your Desired Car In The Easiest, Fastest & Most Reliable Way Possible!
Letter of Credit
You may not have the necessary collateral requirements or relationship with the bank to get a letter of credit—but we do.
You don’t have to leave deposits with your suppliers, since your letter of credit will be opened for the full amount of the transaction—so your cash is not tied up or at risk while your supplier can often borrow against a letter of credit.
You may significantly increase your ability to do business with companies outside the U.S. by bolstering your financial position with your suppliers.
You can build safeguards into the letter of credit, including inspection of the goods and quality control, and set production and delivery times.
This gives you more quality control over your goods.
MINIMIZE RISK
MAXIMIZE CONTROL
OPTIMIZE FLEXIBILITY
See our latest Offerings.
We’ve got a wide range of exclusive luxury cars in stock.
Get In Touch
Are you interested in getting your car imported or exported?
Are you interested in our exclusive luxury collection?
Feel free to get in touch with us:
FAQ
Below you will find the most frequently asked questions:
How long does it take to get my car to the desired destination?
From the time of ordering to delivery it takes between five and six weeks.
It depends on the country and continent of destination.
Will my vehicle be insured during transport?
Normally, no. Marine insurance is available for 1.5% the value of the automobile with a $500 deductible.
What about taxes with a US imported automobile?
Automobiles imported from North America need to be registered.
In most countries the car will also have to be converted in some way after import. Emissions regulations also apply for imports but exhaust emissions do not present a problem.
Generally speaking – car imports are categorized as ‘low emission’ according to official reports. Our European partner ASAM Service GmbH can help if you have further questions.
How are car re-imports handled at the border?
Contrary to some reports, customs duty of 10% must be paid in the EU. For those outside the EU, please contact us.
Do car re-imports need TÜV or any conversion?
Yes. Since some cars are built for specific countries and maybe some other regulations apply, a homologation of the car could be necessary. Please check with your local DOT.
Why is this the right time to import an automobile in general?
With Global Car Trading you benefit from a large global network and a trusted partner at your side. In addition, you benefit from a long-standing expertise in exchange rates, which offers enormous advantages.
