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9 Jan 2013
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I agree with your comments Itchy and yes, the insurance route could be very expensive. Am still persevering with the RAC although they seem to have been rather busy during the last two days! Paul Gowen is the man to talk to and have left messages for him. Will post a further update once I finally speak to him.
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9 Jan 2013
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I understood Paul had left the department.
Margaret
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9 Jan 2013
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Certainly in 2010 the legal department of my bank were not happy with the RAC wording about the guarentee of money to be paid by the bank should the money need to be paid.
The bit concerned was the Customs and Excise valuation. In the very small print is says something like " Customs and Excise" can value the vehicle themselves to what the think the vehicle is worth. To the bank that seemed to say that a vehicle valued at £3,000 meant nothing as C+E could ask for more money from the bank than had been deposited.
It was sorted then and we got our carnet after we signed an indemnification for the bank.
I can see this being the end of our trips to Africa as no way can we afford the insurance route.
MIKE
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9 Jan 2013
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Join Date: Feb 2004
Location: St Andrews
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Was there not some discussion on the HUBB a few years ago about UK riders/drivers getting carnets through ADAC, I'll look for it later but as of now here in sunny Colombia it's time for a leisurely lunch at a beach bar. Ride safe.
__________________
Mike
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Mike is riding the twisty road in the sky
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10 Jan 2013
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Contributing Member
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Quote:
Originally Posted by maja
Was there not some discussion on the HUBB a few years ago about UK riders/drivers getting carnets through ADAC, I'll look for it later but as of now here in sunny Colombia it's time for a leisurely lunch at a beach bar. Ride safe.
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Since I need to know this for later in the year I did some googling check this ADAC Reise & Freizeit - Carnet de Passages - Englisch
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10 Jan 2013
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Paul Gowen does not work in the carnet department any more.
It is common for a customs guarantee not to be limited in amount.
The RACs standard guarantee wording already includes a counter indemnity (ie it says whatever the bank has to stump up to the RAC - and yes this can be more than the theoretical limit - you then need to stump up to the bank) which is why it shouldn't really give a bank a problem provided they have sufficient cover from you. This is the sort of guarantee they give day in day out in a commercial context.
A few years ago ADAC stopped issuing carnets for non-German registered vehicles (it was always cheaper than the RAC and others). Maybe that has now reverted back. It would certainly be useful if that were the case.
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10 Jan 2013
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I exchanged e mails with ADAC last week and they said they could not issue a Carnet to a UK registered vehicle. The insurance option is a real rip off as in many cases it will be the only option. We do not need a Carnet for a while but it would be good to get them to accept the bank guarantee option again.
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24 Jan 2013
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The main problem for me is the lack of official confirmation whether each country will accept a temporary import permit for 4x4s.
The RAC have a £10,000 cap on the bond they will accept, and as most 4x4s, and the newer larger bikes, may be of that value to begin with, this writes off the ability to deposit the necessary 800% required for Egypt, even if funds were available.
If a border will easily issue a TIP for 4x4, perhaps the deciding factor may be the difference in cost between TIP fee and cost of carnet getting stamped plus cost of insurance. If you are routing through Egypt the cost will be fairly high for the insurance, however as there does not seem to be a check for actual vehicle value this may allow a slight reduction in cost? As long as the price is realistic they should accept a very modest valuation...
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