Carnet for a New Zealand MC
 

Hello
Looking into getting a Carne for My New Zealand registered MC by the way of a personnel bond.
My question is how do they verify the valuation?
They don,t seem to ask for a independent valuation to be supplied when applying for your Carne or how much mileage the bike has done.

Thank you for any answers

You supply the valuation, BUT if the country you are visiting values the bike at a higher value then you pay the difference between your valuation and customs valuation in the country that made the call on the carnet.


Usual advice is to have a look at market values and customs duties and other taxes in the countries that you will be visiting. Then base your value on that. Some countries have very high duties (I think Egypt is 150% - stand to be corrected). Australia has 10% duty but adds another 10% for GST on the value plus the shipping costs.