Buying Your Own JDM Car Part 2: Learning To Be Buy-lingual
Welcome to part 2 of this series of posts on the process of getting your own JDM car.
Yes, you can have your own piece of JDM goodness! |
So now that you know what cars are
legal to own let’s talk about something a little less dull – how
to buy one!
There are multiple ways of acquiring an
authentic JDM car whether it be a Skyline or something more esoteric
like a Nissan Pao, kei car, or the Japanese version of the
Weinermobile (I’m not sure there is such a thing but it’s fun to
imagine what it’d be like. A sushimobile maybe?)
First off, we have to distinguish
between getting a car brokered versus landed stock. Landed stock is
easy to explain – an importer has already bought a car, gone
through the importation process and the car’s already in the US
just waiting for a new owner. Basically it’s like a used car
dealership only with cooler cars, less stock to choose from, and
fewer inflatable gorillas out in front with signs saying “Bad
credit? No problem!” My Nismo was one of these – landed cars I
mean, not inflatable gorillas.
Cars sold by private sellers that have
them here in the US, like on eBay, fall in the landed stock category. Contrary to what Fast and the Furious may have taught you though Skylines aren't normally found in random used car lots here in the States - especially R34s!
Brokered vehicles are just like using a
broker for a regular car purchase here in the US only instead of
scouring local car dealerships they’re searching Japanese ones.
They find you a car, you pay the asking price plus their fee on top,
they handle the importation paperwork, and you pick up the car when it
gets to the US of A.
Landed cars have a couple of distinct
advantages. First, they’re already here so you can inspect them and
maybe even test drive the car you’re interested in. This can be
very helpful since you have to remember, these are 25 year old cars. Many things can happen to a car in that long a time so seeing it yourself will give you a better
idea what you’re getting into. Second advantage, the wait will be less long
to get the car. For a car to be eligible under the 25 year exemption
it has to be 25 years old TO THE MONTH of manufacture. So, a May 1990
car is okay to come in in May 2015 or after. If the car’s already
here legally then you don’t have to wait to take delivery since
presumably it already passed the 25 year date. Also, buying a landed
car from an importer here in the States can mean more support if you
run into an issue such as with registering it in your home state (I
know all about the difficulties of that from my personal experience
and we'll go into more detail on the registration process later).
There’s also the convenience benefit
with a landed car since typically after paying for the car all you
have to worry about is how to get the car home from their place and
registering it. With a broker you might still have paperwork and fees
to take care of involving clearing the car through customs and being
released from the port. Also, you can’t just mosey into a port,
flash a receipt and grab your car – you’ll have to adhere to
their schedule and if you’re having your car shipped from port you
have to get a company that’s cleared to do so since most ports
regulate who’s allowed in. With a landed car all that’s already
been taken care of.
With a brokered car you have only
pictures and whatever inspections were done in Japan to go by as to
the car’s condition. As for the timing of importation, a car
eligible for immediate import will probably command a higher price
due to demand versus a car that’s still months away from being
ready. You could save money by getting a car that's not yet
importable and then waiting but that savings may be eliminated by
storage costs while the car waits to be eligible. However, if you
want a particular type of car – especially one that's uncommon like
say, a pink Trueno with Ronal Teddy Bear rims, then broker is
probably your only way to go since it's much less likely one will be
landed stock and unsold. (Good luck finding that Trueno by the way,
you deviant you).
In my case I almost went the broker
route because I initially wanted a black 1990 R32 GT-R but nobody had
one available at the time. I changed my mind due to the rarity of the
Nismo I found.
Generally, a landed car will cost you
more however because the importer has to recoup the costs of acquiring and
importing the car, storing it until a buyer is found, and whatever
basic maintenance and upkeep is needed prior to sale. To compensate
for the risks of the car not selling right away, if at all, expect
the price to be higher. A broker doesn’t have to worry about those
risks but they do still charge a fee for their services. The market
being what it is however, you’ll see a wide range of prices because
of varying conditions of the cars and what prices sellers think the
market will bear.
There are also importers who do a bit
of both. They acquire cars in Japan and then offer them for sale before
they’ve arrived here so the situation is a mix of the two. It may not
offer either the savings of brokerage or the try-before-you-buy
nature of landed cars but it widens the potential choices when
looking for a vehicle. Given the high demand currently for R32
Skylines, a “mixed” car is still worth considering if it meets
your criteria.
Whichever way you get a JDM car, the
process boils down to the following steps with the details just
varying depending on who does what:
- Cars get put up for auction or private sale.
- You or an importer pick a car to buy.
- Exporter or broker in Japan purchases car.
- Car gets inspected and cleared for export. This step includes getting it de-registered and any inspections (and quarantine) required by you or the importing country
- Vehicle gets loaded onto a ship and hopefully doesn’t get attacked by Jack Sparrow.
- Ship arrives at port, car gets offloaded and customs inspects it. At this point the required paperwork, customs and port fees, and bonds are handled by you, the importer, or the broker.
- Once that's done, you set up pickup including possible shipment to your location.
- Register it in your state.
- Spook out fellow drivers who don't see anyone driving the car next to them.
So which route is best? Well basically,
none of them. Pick your poison depending on your budget, risk
tolerance, availability of what you want, and how impatient you are
about plunking your butt down in a seat that's been exposed to 25
years of Japanese farts.
And that concludes this week's episode
of “Pedantic Man Drones on About Stuff”. Next time we'll talk
about how...and how much...to pay for a JDM Skyline. Give me a couple
weeks while I let my badly abraded typing fingers heal up.
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