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CdPs are an FIA sanctioned/approved document, afaik. That's what helps get them accepted internationally. |
hi all, I did my carnet with CARS, I was doing it with ADAC but I changed to the UK company as I thought it would be more convenient.
I went for the first option, so I paid 1250 with 250 refundable, as the other option was 8000 deposit... Now I have my carnet and I'm doing London-India, still in France though. You must return the carnet to CARS, otherwise you would be liable of a non cheap fine. I am asking CARS to clarify how this works exactly, but basically if you don´t return with the bike, you are in trouble... |
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When you return your home country (Spain?) with bike, get the customs to stamp CdP on arrival to prove bike arrived - that will do the the trick, afaik. |
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ADAC wouldn't give me a CDP though since there is an issuing body for CDP here in UAE already. |
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In your case, as CARS issued the CDP, do you have to return the bike to UAE or to EU? My plan is to ship the bike from India once I get there (if!) to any EU country and ride from there to Spain or the UK. |
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I only need the CDP for Iran so I can't see them having any problem with me returning it providing I've got the entry and exit (both times in my case) stamped and recorded properly. |
Hi,
I just had ADAC return my application and tell me to use CARS. Im supposed to be on the road now but I have to get a Carnet before I leave. How long did it take to get your carnet once you applied with CARS? Thanks for any info. All the best. |
Hi Pob7777,
From sending the application form to CARS to receiving the CDP in the post it took just 7 days. Infinitely better than the RAC and a vast improvement, though more expensive. Dave The Hat |
Just saw this quote on another thread:
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Australia has also, quietly, withdrawn the option of lodging a bank guarantee for a CdP: the AAA quietly changed the regulations while we were getting our bank Guarantees arranged - 2x $65 down the drain... :stormy:
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Last year I had a carnet for my UK reg bike, approx value £3000 from ADAC for €205 fee, plus €3000 refundable deposit. I need another one this year (for a cheaper bike) and ADAC won't issue it, sending me instead to CARS. Who quoted me £210 admin and the following options:
OPTION 1 - Security/premium fee: £900.20 of which £250.00 is refundable once your carnet has been successfully discharged. OPTION 2 - Cash deposit of £8,000 includes a non-refundable fee of £500. We will refund £7,500 once your carnet has been successfully discharged. What a rip off! How do they justify this?! |
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I had to go ahead with option A. Sent from my SM-G930F using Tapatalk |
Well that's put me in a really bad mood. They aren't very transparent- ADAC had all their fees on their website, Cars will only give you info if you email them, and now that I've queried their fees they are saying I have to submit a full application form so they can work it out. Not transparent at all.
Anyone know what their status is? If they go bankrupt would the £8k be covered by the FSC? |
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The FCA's website says: 'Cars United Kingdom Limited is an Appointed representative - introducer. This is a firm that can introduce customers to another firm or members of the firms group, and/or give out certain kinds of marketing material. It must be a representative of a firm authorised by the FCA or PRA, or regulated in the EEA.' My view is that if you go down OPTION 2 above, and Cars goes Tango Uniform, then your deposit is probably in danger. You would then line-up behind all the other creditors, and probably at "The Back of the Queue" in Obama speak. If you go down OPTION 1, and the insurer goes TU, then you will almost certainly be covered under the FSCS. The compensation level will likely be 90% of the claim value. For absolute clarification, I suggest you check with Cars. |
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