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Import Process of BMW 335i. Drew Andersen JJ Cavanaugh Gary Patterson Matthew Petrovich. BMW 335i Sedan. Part of BMW’s 3 Series 3.0 Liter, Twin Power, Turbocharged 6-cylinder engine 300 Horsepower Car & Drivers 10Best 19 years running. Major Facts and figures. Route

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Import process of bmw 335i

Import Process of BMW 335i

Drew Andersen

JJ Cavanaugh

Gary Patterson

Matthew Petrovich


Bmw 335i sedan
BMW 335i Sedan

  • Part of BMW’s 3 Series

  • 3.0 Liter, Twin Power, Turbocharged 6-cylinder engine

  • 300 Horsepower

  • Car & Drivers 10Best 19 years running


Major facts and figures
Major Facts and figures

  • Route

  • Transportation Carriers

    • DTC Transport Logistics

    • WalleniusWilhelmsen Logistics

    • National Transport, LLC

  • Total Cost - $48,329.00 or €36,827.00



Letter of credit
Letter of Credit

Goods

Contract

Documents

Letter of Credit

Application

Letter of Credit

Documents

Documents



BMW

  • Based in Germany

  • One of Top 10 auto manufacturers in the world

  • Core competencies

    • Innovation

    • High performance

    • Engineering

  • Critz BMW

    • Based in Savannah

    • Serves Savannah, St. Simon’s, Statesboro, Brunswick, Hinesville, and Claxton areas.


Foreign inland transport
Foreign Inland Transport

  • Deutsche Transport Company

    • Based in Bamberg, Germany

    • Delivers to 35 European Countries

      • 72 Routes

    • Handle Intermodal, Warehousing, Customs Clearance and Logistics Consultation


Factory to port route
Factory to Port Route

Dingolfing, Germany

to

Bremerhaven, Germany

7 ½ Hours

or

825 km

Once in Bremerhaven, shipment is inspected and loaded onto

RO-RO carrier


Export documents
Export Documents

Bill of Lading

Certificate of Inspection


Export documents1
Export Documents

Certificate of Origin

Commercial Invoice


Export documents2
Export Documents

Packing List


Ocean transport
Ocean Transport

  • WalleniusWilhelmsen Logistics

  • Intermodal transportation company

  • Specializes in the shipment of automobiles, agricultural and construction equipment.

  • Ship 2-3 million vehicles annually

  • Also handles all vehicle processing, terminal procedures, and distribution to retailers.


Port to port
Port to Port

Bremerhaven, Germany

To

Brunswick, Georgia

Lead time for shipping is 19 days

Once arriving in Brunswick, shipment must clear customs inspection


Domestic inland transport
Domestic Inland Transport

  • National Transport LLC

    • Specializes in automotive transportation

    • Offers open/enclosed trailers for vehicle transportation


Port to dealership route
Port to Dealership Route

Brunswick, Georgia

to

Savannah, Georgia

Lead time is 1 ½ Hours or 78 miles

Once shipment arrives in Savannah, issuing bank pays advising bank which pays BMW Group.



Currency hedging
Currency Hedging

  • Forward Market Hedge was used.

  • Savings = $352 by choosing the spot rate and exercising the option on an option contract.


Duties paid
Duties Paid

  • Used Harmonized Tariff Schedule

  • Germany is a general column 1 trade country

  • The vehicle falls under heading 8703.23.00

    • 2.5% of vehicle cost (FAS) is due for duty paid

  • Total Duties: (39,375 x .025)= $984.38



Customs clearance
Customs Clearance

Bill of Lading

Certificate of Origin


Customs clearance1
Customs Clearance

Certificate of Inspection

Import Declaration


Customs clearance2
Customs Clearance

EPA Declaration

Commercial Invoice


Customs clearance3
Customs Clearance

Inward Cargo Manifest

Packing List


Customs clearance4
Customs Clearance

Inward Cargo Declaration

Surety Bond




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