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One or more of the guards p!ssed in my bike's exhaust while it was parked inside this guarded compound over night during the (5 day) process of getting it through Customs so it could be airfreighted to Addis Ababa (at the time I couldn't get a Sudan visa). Another first for my bike: Golden shower up the ar$e by a "pleasant Egytian gentleman" (Racist word and expletive edited doh). My Carnet was in order. Chapter 5 The Big Trip :offtopic: |
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based on the RAC documentation in here: http://www.rac.co.uk/pdfs/driving-ab...et-prices.aspx The actual cost of getting the CdP with RAC for you would be: 242.4 £ Here is the calculation: Highest risk country (Egypt) - 800% Bike value - 1000 £ 6% Insurance Premium Tax - 6% Premium % - 10% (you pay only 10% of the risk value, and 50% of this amount will be returned) 25 pages CdP - 200 £ RAC Deposit (refund) - 350 £ TOTAL to pay: 634.8 £ (1000*8*1.06*0.1 + 200 + 350) Money Back: 392.4 £ (350 + 1000*8*1.06*0.1*0.5) Actual cost: 242.4 £ I think that's not too bad :) |
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so you have to pay the full 100% of the insurance premium, do for my £1000 bike =£8000 then 50% back on return. Here's a link to someone who has just tried getting a carnet and has looked into in better than me http://www.horizonsunlimited.com/hub...-rip-off-54541 |
Under the old RAC way I used a bank guarantee for 3 carnets in a row.
£70 a year bank guarantee fee and the cost of the 25 page carnet (£2xx?). Simple and cheap enough, wouldn't have paid more. Talk of paying hundreds and hundreds of pounds is just a plain rip off, even if non travellers have been ripping off the system. |
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You are still only required to pay 10% (plus IPT) of the indemnity amount as an insurance premium, 50% of which is refundable on return of the correctly discharged Carnet to the RAC. [Link]: See this up-to-date information sheet. If you had to pay 100% of the indemnity amount then there would be no element of insurance 'risk'. It would, in fact, be almost indistinguishable to a full security deposit (an option which is no longer available with the RAC). If you default - i.e. sell or abandon your vehicle abroad - then, and only then, will the insurer attempt to recover from you the amount they are obliged to pay-out (on your behalf) to the overseas customs authority. The exception is when your vehicle is stolen. A Carnet does not cover the duties and taxes payable in the event of loss or theft of a vehicle abroad. . |
^ I agree with Keith above.
I don't know if it is different for independents, but what Keith writes is applicable for our overland truck. But we do use it in West Africa as an overland operator (ie commercial). This was the case as of 3 month ago when we renewed our CDP. |
I think Keith and Hebbo are correct, but I think Hebbo's maths are a little out.
Cost of Bike £1000 Security rate for Egypt (800% of bike) = £8000 Insurance Premium (10% of security rate) = £800 (50% refunded) Insurance Premium Tax (6% of Insurance Premium) = £48 25 pages CdP - £200 RAC Deposit (refund) - £350 Payable upfront £1398 Refunded £750 Actual Cost £648 |
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Dont give you an attack surface who officals can use to start their game. Quote:
I guess that you can do an africa roundtrip with an fake carnet. When you stay relaxed in any case. But I would alway prefere to know, that everything is all right. Specially when the caret costs are just arround 240 USD :rolleyes2: Risking much for less money dont looks like a good deal to me. Also when it is a pain to optain a carnet in some countrys. Surfy |
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