Boomerang is indeed now the ONLY option for Canada / USA.

The carnet issuers all go on INVOICE - what you PAID for the bike - OR a "Blue Book Value" or similar depending on your country, so essentially a "fair market value" is all you're going to be able to do at best. You MIGHT be able to get away with a value written down by a dealer who has seen and evaluated the bike's value.

The way to look at it is this - they don't want you to set a value that's too low, as a: they make less money - b: they may have issues on payout if you default, and c: remember they're not dumb, nor particularly on your side.

Hope that helps!

__________________
Grant Johnson
Seek, and ye shall find.
------------------------
Inspiring, Informing and Connecting travellers since 1997!
www.HorizonsUnlimited.com

Grant,
Super, thanks. Just what I needed.

I'll use the "trade in" (ie, lower end value) given by Kelly or NADA and go with that. I'll report back if I have any issues to note.
(boy, do I miss Central, South America, etc with no XXXXX carnet)


FWIW, the 2 quotes I received last year with a value of $9,000.
**Note- putting up a large cash deposit saves a little in insurance fees.
* Not using credit cards saves a lot.



Applicant: Clark Baker
Vehicle Type: 2015 USED BMW Motorcycle Vehicle Value: $9,000.00
CPD Cost Estimate Showing Two Security Options

Security Option 1 - Cash Deposit
Application Processing Fee $775.00 Non-refundable
Cash Deposit $9,000 100% refundable upon satisfactory discharge of carnet
2% service fee based on Vehicle Value* $180 Non-refundable
Shipping to US $42.50 Non-refundable
Other
Credit Card Convenience Fee** $349.91 3.5% - Non-refundable
Total $10,347.41 Due prior to issuing carnet
Net Cost after return of security $1,347.41


Security Option 2 - Loss Prevention Security Fee
Application Processing Fee $775.00 Non-refundable
Loss Prevention Security Fee – includes $520 Underwriting Fee $2,600 80%, $2,080, refundable upon satisfactory discharge of carnet
(U/W Fee / Loss Prevention Incentive) $520.00 $2,080.00
Shipping to US $42.50 Non-refundable
Other
Credit Card Convenience Fee* $119.61 3.5% - Non-refundable
Total $3,537.11 Due prior to issuing carnet
Net Cost after return of security $1,457.11

*$100 minimum, $1000 maximum
** Other payment options available: bank check, ACH, wire transfer
All amounts quoted in US dollars, paid in US dollars.
These amounts are estimates only.
Refunds will be paid in US$ by check.

Egypt appears to be hell on paperwork. The overlanders group on facebook has some good tales on it. I'd have all your paperwork from your country and totally in order. All the vehicles numbers etc. There is a massive storage area of "abandoned" vehicles. Good place to find some parts possibly.

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Tacos Tyring Travels.com

For the OP, as you're Australian you have to contact the AAA. I've had a carnet from them and they were really easy to deal with. Also a lot cheaper than other carnet issuers, especially for Egypt. Plenty of info on their website:

TAKING YOUR CAR OVERSEAS - Australian Automobile Association

Did you guys manage to get your papers or whats your plan now?

If you search this forum you will find that there is an instance, in the last 4 or 5 years of a member, on a bike, successfully passing through Egypt, south to north with a TIP.


Ali.

One blowfly does not a summer make.

__________________
Tony
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