US and UK classic and vintage car importers and exporters breathed a sigh of relief today following Donald Trumps “Liberation Day” when he introduced a blanket 25% tariff on all cars being imported into America. However, tucked away in the small print of the Presidential Declaration was this little gem explaining a new classification for 25-year-old automobiles previously imported under HTS headings 8703 or 8704.
It reads:
9903.94.04: Applies to all entries of passenger vehicles and light trucks from all countries classifiable in the headings or subheadings listed above that were manufactured in a year at least 25 years prior to the year of the date of entry.
0% additional ad valorem rate of duty
Any importer entering the passenger vehicle or light truck covered shall provide any information that may be required, and in such form, as is deemed necessary by CBP in order to permit the administration of this heading.
For classic car enthusiasts, the allure of importing a piece of automotive history from overseas is undeniable. However, navigating the complex world of US import regulations and tariffs can be a challenge. The well-known ’25-year import rule’ in the United States has long been a key consideration for vintage and classic vehicle aficionados. But with recent changes to tariffs, many are wondering: what does this mean for my classic car dreams? We’re here to break it down and deliver some fantastic news: your vintage car’s journey just got smoother!
Understanding the 25-Year Import Rule
First, let’s recap the 25-year import rule. In essence, vehicles 25 years or older are exempt from certain U.S. safety and emissions standards. This rule opens the door for auto enthusiasts to import unique, classic and vintage models that may not have been originally available in the American market. It’s a gateway to owning a piece of automotive history, from iconic Japanese sports cars to rare European classics like Land Rovers. The 25-year rule was established as part of the Imported Vehicle Safety Compliance Act, which was passed by the US Senate in 1988.
You can read more about the 25 year rule here.
The Tariff Changes – And the Good News!
Recently, there have been changes to tariffs on imported vehicles, causing some concern among car enthusiasts. However, there’s a crucial detail that directly impacts those importing classic cars. A specific Harmonized System (HS) code, 9903.94.04, provides a significant exemption.
This new code applies to all passenger vehicles and light trucks manufactured at least 25 years prior to the year of entry. The exemption states that 25% tariffs will apply with the exception of vehicles imported under this new HS heading of 9903.94.02, 9903.94.03, and 9903.94.04. The best part? It carries a 0% additional ad valorem rate of duty so the existing 2.5% tariff remains unchanged.
In other words, while newer vehicles might face increased tariffs, your classic car, provided it meets the 25-year age requirement, is exempt from these additional charges!
This news is a major win for classic car importers. It means you can pursue your dream of owning that vintage gem without the added financial burden of increased tariffs. It’s an opportunity to expand your collection, invest in a classic, or simply enjoy the unique driving experience that only a vintage car can offer.
Here at Autoshippers we understand the passion that drives classic car enthusiasts. We’re committed to providing a seamless and stress-free car shipping experience, ensuring your prized vehicle arrives safely and efficiently. With the 0% tariff increase on 25-year-old vehicles, your dream car is now even more attainable.
While the tariff exemption is excellent news, it’s still essential to navigate the import process correctly.
This includes:
- Verifying Vehicle Eligibility: Ensuring your vehicle meets the 25-year age requirement.
- Documentation: Gathering all necessary import, shipping and customs documents.
- Shipping and Logistics: shipping by container or RoRo to all main USA ports.
- Customs Clearance: Understanding and complying with all customs regulations.
Autoshippers can guide you through every step, from initial inquiry to final delivery.
Ready to ship your classic from the UK to the USA then contact Autoshippers today for expert advice and a . Let us handle the logistics, so you can focus on the joy of driving your vintage masterpiece.
You can read the full Presidential declaration here Federal Register: Adjusting Imports of Automobiles and Automobile Parts Into the United States
Or download and print our pdf version here.
