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anyone bought from ebay.com??

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dudeskin
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PostPosted: 09:22 - 27 Jul 2008    Post subject: anyone bought from ebay.com?? Reply with quote

hi all, i've seen a part i'm after on ebay.com, and its a good price. but can anyone tell me if i would get stung for import tax?
or any other charges i could face which would make it not worth it.

cheers,

dudeskin
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Barry_M2
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PostPosted: 09:34 - 27 Jul 2008    Post subject: Reply with quote

Depends on how much the part is?
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map
Mr Calendar



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PostPosted: 09:40 - 27 Jul 2008    Post subject: Reply with quote

Make sure you get postage costs from the seller.
Sometimes the cost of this makes it not viable to buy.

If you can arrange for postage via old fashioned US postal service. If it's sent via courier these will often add on taxes and administration fees.

You may still get stung for VAT plus Import Duty but you need to check on the type of item to see how much import duty should be.

If you search on this forum there has been some previous threads for importing from the U.S.

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tzr
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PostPosted: 09:55 - 27 Jul 2008    Post subject: Reply with quote

I've bought loads of stuff from America, China, Taiwan in the £10-80 range and never incurred any import tax. The sellers generally lie on the information sheet stuck to the package and they mostly get through unchecked.

Could happen though, in which case I suppose you could refuse the customs charge and claim non-delivery Rolling Eyes
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doggone
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PostPosted: 11:29 - 27 Jul 2008    Post subject: Reply with quote

Import tax doesn't apply if the item is 'used' either.
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petemell
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PostPosted: 19:08 - 27 Jul 2008    Post subject: Reply with quote

Email the seller and ask if the cost can be cut down on the customs declaration then save on customs fees and import duty.

Last edited by petemell on 20:07 - 27 Nov 2008; edited 2 times in total
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Ste
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Joined: 01 Sep 2002
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PostPosted: 19:12 - 27 Jul 2008    Post subject: Re: anyone bought from ebay.com?? Reply with quote

dudeskin wrote:
but can anyone tell me if i would get stung for import tax?
or any other charges i could face which would make it not worth it.

Since you may or may not get stung for import tax, it's best to assume that you will. So work out if it'll be worth it if you did get stung for income tax, so you'll have a bargain if you do get stung and you'll have even more of a bargain if it gets through customs without problems.

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Ichy
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PostPosted: 20:09 - 27 Jul 2008    Post subject: Reply with quote

Loads of previous posts with the same question.

Don't bother asking them to mark it as a gift. Its almost like an urban legend, it won't work and most sellers realise they are open to fraud charges if they get caught.

Postage from the US has risen dramatically this year making the cost of import slightly less appealing. Despite this there are still some bargains to be had. Just price it all up, expect to pay tax and be pepared to wait a month for it to arrive. Still worth it?
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Louise
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PostPosted: 05:48 - 14 Aug 2008    Post subject: Reply with quote

Brought 2 items from the US this month and not had any problems.
One I got stung on was the PSP which I got before the release in the UK.
Cost me £40 in charges.
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Itchy
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PostPosted: 06:15 - 14 Aug 2008    Post subject: Reply with quote

£ is tanking against the USD anyway , was £1 - $2 around march , its now £1 - $1.85.
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veeeffarr
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PostPosted: 06:59 - 14 Aug 2008    Post subject: Reply with quote

Itchy wrote:
£ is tanking against the USD anyway , was £1 - $2 around march , its now £1 - $1.85.


So I was right in thinking maybe I should've bought £10,000 worth of USD back when it was low? Doh!
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Itchy
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PostPosted: 10:27 - 14 Aug 2008    Post subject: Reply with quote

Toby R wrote:
Itchy wrote:
£ is tanking against the USD anyway , was £1 - $2 around march , its now £1 - $1.85.


So I was right in thinking maybe I should've bought £10,000 worth of USD back when it was low? Doh!


No individuals can't really make a massive amount on currency markets, namely due to poor exchange rates and low volumes.
vs risk.

Ie if you bought £10000 of USD , you'd have made 7% on it , , but if you bought EUros last year @ 1.42 you'd have made 15% , its tax free too , but as said small fry can't do this on any major scale,

EDIT

However the £ is on a long slide down , thus shorting the £ is excellent..

The reason is that currency traders know Gordon who controls the BoE daren't increase interest rates to defend the £ (which would cause it to be bought up).

Rock and hard place come to mind...

Increase interest rates = millions get pushed over the edge with mortgage payments those who lied generally and the inprundent.

Cut interest rates = inflation eats us alive (more so than now)

Doing nothing , we get our legs chewed by inflation and our arms chewed by people who can't afford their mortgages.

Oh just for you patriots, shorting the £ , accelerates the slide btw, thus to a point it is self perpetuating , like the computers on black wednesday.

And the USD isn't safe currency anyway , they have a printing press and aren't afraid to use it, 350bn for Iraq they say , the printers go into overtime, fiat currency at its worst!
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