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Window of Opportunity for Dealers - Ship Cars to Nigeria via Benin Now
By Alex Naumov on October 6, 2014 at 11:24 AM
Nigerian Import Duties Increase Use of Benin Port Nigeria is a developing nation in the throes of economic growing pains. The country's population growth is exponential; Lagos is predicted to be the world's 3rd largest city by 2015. Despite great disparity in the distribution of wealt …
What's Culture Got to Do with It? Options for Nigerian Car Importers
By Alex Naumov on October 2, 2014 at 10:29 AM
Short and Long Term View of Market for Nigerian Car Imports In our last blog we discussed the possibility of major changes in the Nigerian import car market. We reviewed several indicators that point to the implementation of a new import policy. Among the factors we considered were re …
Get Used Car Inventory To Tin Can Island Before It's Just Old Tin
By Alex Naumov on October 1, 2014 at 3:37 PM
Protect Yourself from Protective Nigerian Import Policy Changes Despite a world-wide recession, the International Monetary Fund reported a five fold increase in Nigeria's GNP for the period 2001-2011. This trend continues as does exponential population growth. In line with this, the s …
The Classic Car Cover Up - Unlocking a Car Shipping Mystery
By Alex Naumov on September 26, 2014 at 3:29 PM
The Mystery Every Dealer Shipping Cars Overseas Wants to Solve One thing is no mystery. Shipping cars via enclosed transport costs several times more than shipping the vehicles uncovered. This too is no mystery. The vast majority of cars, approximately 90%, are sent in open trailers; …
Why Shipping Cars to the Middle East May Increase
By Alex Naumov on September 15, 2014 at 5:20 PM
Growth in Demand for Used Cars In GCC There are areas within the Gulf region that have become famous, if not notorious, for their flourishing used car markets. Abu Shagara in the UAE, considered the largest such market in the world, certainly comes to mind. Prior to 2008, member count …
Changes in IRS Requirements for Overseas Car Shipping
By Alex Naumov on August 27, 2014 at 1:13 PM
EIN to Replace Social Security Numbers for Shipping Cars Overseas In an apparent effort to reduce chances of identity theft, the IRS has changed the ID protocol for shipping cars internationally. Employee Identification Numbers, commonly referred to as EIN, will be used in place of a …
Ferrari Reigns Supreme in Pebble Beach
By Alex Naumov on August 22, 2014 at 12:59 PM
The Prancing Horse Gallops Away with Top Prize Never in the history of the Pebble Beach Concours d' Elegance has one car made such a splash. Jon Shirley's 1954 Ferrari 375 MM Scaglietti Coupe, a former winner of best in class, took the 2014 prize for Best of Show. It is the first time …
Pebble Beach - The California Car Classic
By Alex Naumov on August 15, 2014 at 2:47 PM
Get Classical at the Concours d'Elegance You may not be a golf lover, but aficianados of classic cars will love what's happening on August 17th, 2014 at the 18th fairway of Pebble Beach Golf Links in Pebble Beach, California. The Concours d' Elegance is a veritable beauty contest of c …
Shipping Cars Overseas - Update on Kyrgyzstan Import Duties
By Alex Naumov on August 12, 2014 at 10:10 AM
Car Importers About to Feel Impact of Import Duty Increases What's prompting the changes? As we first reported on the Kyrgyzstan Import Duty Changes, it appears that Kyrgyzstan plans to join the Eurasian Custom's Union. The current members including Belarus, Kazakhstan and Russia impo …
Things to Know When Shipping Cars to Kyrgyzstan
By Alex Naumov on July 18, 2014 at 6:27 PM
It's easy to wonder why a country long known for its nomadic traditions and expert horsemanship is suddenly focused on cars. In fact, the Kyrgyz Republic, better known as Kyrgyzstan, like many of its post Soviet neighbors, is emerging into a modern, 21st Century nation.