For many car enthusiasts in the UK, the dream Lamborghini and Ferrari aren’t always found in local showrooms. Sometimes, the only way to get behind the wheel of your ideal supercar is to bring it in from overseas. Whether it’s the latest Lamborghini or the greatest Ferrari of all time, you may meet your dream purchase overseas.
The thought of importing a luxury vehicle may sound daunting, but it’s actually a common path, especially for collectors and drivers looking for a specific ride. If you’ve been planning to import a Ferrari or Lamborghini from overseas, there are a few things that you must keep in mind.
There are a few steps involved when you import Ferrari and Lamborghini. The UK is strict about car importing, so there’s a chance you’ll be prosecuted if your imported vehicle is seen on the road before you properly complete the required steps.
The importing steps might also differ based on whether you’re using an import company to help you, or if you do so independently by ferry or through the Channel Tunnel. A specific type of car, like a hybrid Ferrari, may also need additional checks on emissions compliance. There’s one exception for commercial importers of new vehicles, as they use a different scheme and don’t have to perform the same steps.
If you’re not a UK resident but want to import Ferrari or Lamborghini to the UK, you need to adhere to the temporary import rules. There are different rules and forms to fill in depending on where you permanently reside, your reason for visiting the UK and how you plan to use your car while you’re in the country.
You need to make an import declaration to bring a vehicle into the UK from anywhere except the Isle of Man. If you’re hiring a shipping company or customs agent, they’ll usually make the import declaration for you. Your only task is to bring the vehicle in, or to the border. Then, you’ll have to pay your customs duty or VAT at the border.
On the other hand, if you ship your vehicle independently by ferry or through the Channel Tunnel, you only need to make an import declaration if there are customs duties or VAT to pay. The HMRC will tell you if you have to pay once your vehicle enters the UK. If you need to make an import declaration, however, you still need to pay a customs agent or a shipping company to handle it for you.
When importing a vehicle, you have 14 days to report the car’s arrival to HM Revenue and Customs. This is a must as you can’t register the vehicle before the HMRC knows about your imported vehicle. Be punctual with this, as you might be fined if you’re only reporting after the 14 days have passed.
What may change how you report to HMRC is where you’re importing the car from:
If you’re a VAT-registered company, you need to report to HMRC through a NOVA declaration within 14 days of your car’s arrival. If you’re somehow unable to use the NOVA online service, ask for a VAT NOVA1 form.
If you import a Lamborghini or Ferrari as a private individual, you still need to make a NOVA declaration. If you’re using a shipping company or customs agent, ask them to make you one (but you may have to pay extra for this). The other option is to ask the HMRC’s CARS team to make the declaration on your behalf.
If you’re planning to ship a car from the Isle of Man, you can skip the NOVA application. The only thing you need is the Isle of Man registration document for the vehicle you’ve shipped and the completed form V55 to the DVLA.
For vehicles with UK licence plates (or non-Isle of Man plates), ask for a NOVA1 form from the imports and exports helpline. Then, send the filled form alongside a cover letter explaining your situation to the Personal Transport Unit.
A Ferrari and a Lamborghini already have a steep price tag and may also come with costly maintenance. As a Ferrari or a Lamborghini owner, you’ll likely be curious if the value of your supercar will affect your customs duty and VAT.
The truth is, VAT for Lamborghini and Ferrari may be more costly than regular vehicles, as it's charged on the total cost of the vehicle. If you have accessories that you bought alongside the car or hire a delivery service for it, you may also be charged extra.
The type of vehicle and where it’s shipped from will also affect the rates you’re charged. If you want to check before you import a Lamborghini or Ferrari, you can call the HMRC helpline and ask for the estimation based on the model you just bought.
If you’ve bought the car while you’re living outside of the UK for at least one year (185 consecutive days) and have purchased the car for over six months before returning to the UK permanently, you might not have to pay any import VAT or duty. All you need to do is bring:
There’s a special rule for EU-built vehicles, which means the rules apply when you import a Lamborghini or Ferrari. If the car is already registered in Europe, you won’t have to pay any duty charges or 20% VAT. However, if not, due to Brexit, you need to pay full VAT and duty.
If you import a Ferrari or Lamborghini aged 30 years or older, the UK allows you to bring them in without any duty and a lower VAT of 5%. However, there shouldn’t be any major modifications to the vehicle. If you think your chosen vehicle fits the criteria, you should apply to customs early to confirm your duty and VAT amount.
