Our carnets were issued in Australia where it is possible to pay an insurance premium rather than lodge the deposit. The insurance premium is not refundable when you discharge the carnet but in our case....and we have had 2 carnets for travel issued for our bikes now.....it was really the only option that would work for us financially. And dont forget.....down value your bike! Put the value as what you would get for the naked bike if you walked into a bike shop to sell it and wanted to walk out with the cash in your hand. In our case our bikes have done the Aus to UK twice now so are not really worth too much compared to the same bike that was only used on Sundays by a little old lady.........etc.
However....to me.....it is worth more way more than anyone would ever pay for it....we are sort of joined at the hip!
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