Q. Who is
Florida Auto and Truck Exchange?
A. Florida
Auto And Truck Exchange is in the business of buying used vehicles for
export throughout the world. For nearly 20 years, we have been supplying
vehicles to Mexico, Saudi Arabia. Kuwait, Puerto Rico, Germany, Russia,
and many others. Florida Auto And Truck Exchange is fully licensed,
bonded, and insured for your protection through the State of Florida
Division of Motor Vehicles. We are members of the Better Business
Bureau of Manatee County. Additionally we are members of the Manatee
County Chamber of Commerce. We have supplied over 20,000 vehicles to our
special customers in a variety of countries on most continents.
Q. Why do
these countries purchase used vehicles?
A. Although
the governments of such countries do not purchase these vehicles
themselves, they do control the duties that importers pay. Usually
the duty on a new vehicle is 100% or more. This means that a
$15,000 new car would cost $30,000 or more in these countries once the
duties are paid. Used vehicles are imported with lower duties. For
example, a five-year-old vehicle may be subject to only a 20% duty.
Therefore a $8,000 used vehicle would cost the importer $9,600
Q. Don't these
countries cheat themselves out of income allowing lower duties ?
A. Not
really. Used vehicles normally need repairs. Importing countries
realize that those repairs generate income through higher employment and
duties on automotive parts and supplies.
Q. How do I get
paid if I sell my vehicle to you?
A. We will
send you a cahier's check by an overnight courier (FEDEX, DHL, UPS.
etc.)
Q. How long
does it take?
A. Usually
overnight if we make the purchase before 12pm.
Q. How do I get
my vehicle to you?
A. Once
you sell your vehicle to us our experienced transaction specialists do
everything, simplifying the process. Our specialist takes care of
all of the paperwork and makes the transportation arrangements. We
have been in business for over 20 years and have purchased thousands of
vehicles in this manner. It is a routine transaction for us and
will be simple for you.
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