Auction Sheet Verification in Pakistan (3 months and more than 3 Months)

[DrUsmanNawaz]

i gave him price estimate of 16 lacs, keeping in mind the profit of Rs. 50000 approx, but i know that dealers usually keep margin of 80000 to 120000, in this category car.... so he told us that the dealer has quoted him 16.50 lacs, which is quite obvious...

[DrUsmanNawaz]

btw @saoud.arshad bhai is very very respectable and special person for me as he provide me the actual auction sheet of a car which i was intending to buy, which was basically accidented...

Thank u saoud bhai once again.... i know u are in business and you know alot more than me...

[mohammed_ahmed]

Great job by the host

[misteek]

AOA. I need auction sheet for this car, if u could help so that i could finalize the deal.

Passo 2010
Chassis # KGC30-0030865

Thanks alot in advance.

[saoud.arshad]

I dont think my calculations are so wrong (minor alterations are acceptale)

FOB price is shipment from Japan to Khi i.e. 105000-120000 yen equals to Rs. 95000 - 108000

And custom duty is as below for 2014 model...

This pic is 2 week old, please note the dollar rate for perfect results...

but dep rate in this case is almost 9% to 10% not 3% so custom will be less then this

[saoud.arshad]

this what i am saying there currency conveter is faulty
because 8250$ mean 8250*119.23=984000 yen almost
but actually car was sold at 825000 yen which 825000/119.23=7000$ almost

[DrUsmanNawaz]

but dep rate in this case is almost 9% to 10% not 3% so custom will be less then this

No it cannot be 9 or 10%.... because the depreciation is counted from the next year, not the manufacturing year...

for example if the car is 2012 April model, its depreciation will be counted from January 2013...
Similarly if the car is 2012 December model, its depreciation will be counted from January 2013....

In this case the car is 2014 (what ever the month is), the depreciation will be started from January 2015.... so only 3%....

[DrUsmanNawaz]

this what i am saying there currency conveter is faulty
because 8250$ mean 8250*119.23=984000 yen almost
but actually car was sold at 825000 yen which 825000/119.23=7000$ almost

when they write price in dollars they just divide the yen with 100, actual price is in yen...

If the car is sold at 825000 yen, then the price in dollars will be 825000/100=8250

But you have to pay according to yen (not according to dollars)... so in this case we have to pay 825000 x 0.9155 (unofficial rate) = Rs. 755000

[saoud.arshad]

No it cannot be 9 or 10%.... because the depreciation is counted from the next year, not the manufacturing year...

for example if the car is 2012 April model, its depreciation will be counted from January 2013...
Similarly if the car is 2012 December model, its depreciation will be counted from January 2013....

In this case the car is 2014 (what ever the month is), the depreciation will be started from January 2015.... so only 3%....

no
i can give you documents by FBR which tells us that depreciation rate is calculated by date of registration in foreign country and month of arriving of car in pakistan
just give me your email address so i can send you the pdf

[DrUsmanNawaz]

no
i can give you documents by FBR which tells us that depreciation rate is calculated by date of registration in foreign country and month of arriving of car in pakistan
just give me your email address so i can send you the pdf

Email pmed...

This duty structure is from SBT-Japan (Pakistan section) website... and i think it is correct as i have discussed with a relevant person....

Someone who has cleared his car recently can sort this problem out....

[saoud.arshad]

Email pmed...

This duty structure is from SBT-Japan (Pakistan section) website... and i think it is correct as i have discussed with a relevant person....

Someone who has cleared his car recently can sort this problem out....

pdf send to your email

[karnol]

AOA. I need auction sheet for this car, if u could help so that i could finalize the deal.

Passo 2010
Chassis # KGC30-0030865

Thanks alot in advance.

@misteek
here u go bro.

[misteek]

Thank u so much. U doing a great job. Thumbs up

[karnol]

this what i am saying there currency conveter is faulty
because 8250$ mean 8250*119.23=984000 yen almost
but actually car was sold at 825000 yen which 825000/119.23=7000$ almost

@saoud.arshad @drusmannawaz
guys u shall always calculate the price in JPY. Currently 1 JPY equal 0.90 PKR when u transfer the money to Japan. Thats called tt rate. There is always rate difference btw tt rate and forex rate.

Thanks.

Regards

Arif Mahsud

[karnol]

Thank u so much. U doing a great job. Thumbs up

U are always welcome.

[misteek]

Got this car for 10,70 last night. And i beleive its a good purchase

[Kuwaiti]

Got this car for 10,70 last night. And i beleive its a good purchase

Ma-Sha-Allah on good price you got it

سبحان الله ، الله اکبر ، استغفر الله ، الحمد الله ، سبحان الله و بحمدہ ، سبحان الله العظیم

[mohammed_ahmed]

Kindly varify
Swift 2011
Zc72s-106025

[mohammed_ahmed]

Kindly varify
Swift 2011
Zc72s-106025

[DrUsmanNawaz]

Got this car for 10,70 last night. And i beleive its a good purchase

Yes it is a good deal, model is 2010 i think....