I read/heard very different methods to calculate the landed cost of vehicles.
There is this thread here:
viewtopic.php?t=40772Which a poster outlines a certain method of calculations...
http://www.customs.gov.tt/content/C&E%2 ... ochure.pdfOn this link it outlines the duty charges for vehicles and also the MVT for the vehicles on page 2 of the document.
I, myself, am not sure of the correct method of calculation as some people say that you pay 75% MVT on used vehicles and some say that you subtract $5 per cc in calculation of the MVT and others say that you pay 100% whether used or new. Hopefully someone who knows the correct procedure will post. If I find out I will be sure to post.