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26 May 2007
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Am I getting this right?
Thank you for your reply Matt, it has been very helpful, I have downloaded the forms from RAC website, application form, fees etc, apparently they go hand-in-hand with RL Davison&Co Lloyd’s Insurance Company in fact from the same webpage you can get the Davison’s “Carnet Liability Proposal Form” which states “The cost of providing the guarantee is normally 10% (+insurance premium tax) of the indemnity requirement as stated under question 13 on the front of this form”. Question 13 asks: “Amount of indemnity required (as stated by RAC Motoring Services)” so I assume I will have to send the application for the carnet to RAC first, get a quote and then contact these brokers?
So if I got it right:
1) 500percent of the value of the bike: £2500 (I would say the bike is worth £500 just because I couldn’t find a chart or something that shows a quotation of an XTZ ‘95 anywhere on the internet tonight)
2) Carnet straight fee: £150
3) RAC “refundable” deposit: £350 (but refundable “when” exactly?)
4) 10percent of indemnity insurance plus another 5percent
it makes:
£250 for the brokers plus an additional 5% (they apply a minimum charge of £200 by the way)
+£150 carnet
+£350 “refundable”
TOTAL: a bit more than £750 for this Carnet, does it sound right?
Has anybody left with a similar bike? How much the carnet has been quoted? Just to give me an idea...
************
Note for Hook: apparently the only organisation issuing The Carnet in the UK is RAC and the application form asks you for the value of the vehicle, I don’t know whether they will want more info at a later stage... I think I will ask the guy that sold the bike to me to make another receipt for me for £450 and I will send it with the application and see what happens...
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... and Nelly The Elephant packed the trunk and said goodbye to the circus...
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27 May 2007
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Join Date: Apr 2002
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Quote:
Originally Posted by alexpezzi
3) RAC “refundable” deposit: £350 (but refundable “when” exactly?)
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Check with whoever issues your carnet, e.g. the RAC. You might not necessarily have to return the bike to your starting point to reclaim your deposit.
Since the point of the carnet (other than to identify your bike) is to deter you from selling it illegally in countries which have very high government import duties and to guarantee payment of those duties should you do so, it could be enough to have both entry and exit stamps from those specific countries.
For example, if you take a bike from the UAE to the UK, you can recover your deposit by just returning the correctly stamped carnet for countries along the route (normally in this example, stamped both “in” and “out” of Iran).
Stephan
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29 May 2007
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Hi,
Stephano makes a very good point, your deposit (£350 refundable RAC deposit) and 50% of your insurance premium are refunded on return of your carnet to the RAC (it takes a few weeks to process). As long as you have 'in' and 'out' stamps for all countries requiring a carnet, you should get your refund back even if the bike is not in the UK.
If I remember right the RAC organised my insurance with R.L. Davison for me, I just sent my cheque to them.
Your estimate of the cost sounds about right.
The RAC did not ask me for any verification of the bike's value, they took my word for it.
Matt
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*Disclaimer* - I am not saying my bike is better than your bike. I am not saying my way is better than your way. I am not mocking your religion/politics/other belief system. When reading my post imagine me sitting behind a frothing pint of ale, smiling and offering you a bag of peanuts. This is the sentiment in which my post is made. Please accept it as such! 
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11 Jun 2007
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Carnet quotation letter from RAC (UK)
Hey!!!
Something strange happened!!! I sent all the paperwork for the carnet in only on Thursday via 1st class and today (Monday) I have found the quotation letter from RAC in my letterbox!!! That was very quick... they may be in need of money as well...
But anyway, I wanted to post a scan of the quotation I have received for every first-time traveller (like me) to view.
Just one point to note: I wasn’t sure how they would valuate my bike so I sent a copy of my receipt for £450 but as you can see from the scan “Following referral to insurers, require minimum vehicle value of £1,000”, too bad...
Now, to balance this promptness, I am sure they will take 6 months to issue the carnet...
-picture is attached (I have darkened the personal info)- I will let you know how long it takes for the carnet to arrive, I hope it won't take 3 months like yours Matt..! Thank you for your help by the way, really grateful!
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12 Jun 2007
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Why the RAC????
Hi there,
why do you use the RAC (which actually COSTS you money) as there are very friendly people working at the ADAC in Munich (German Automobile Association). We used them (Duth/British couple with English registred Land Rover) and we are on our second carnet with them. They do need the deposit in cash though but you will get it ALL back after your trip when your last page in your carnet is stamped in ANY European Union country.
They issue it there and then for you (which takes 30 minutes) so if you go that way anyway...
Check their website; ADAC - Ihr Partner in allen Fragen rund um die Mobilität. (Allgemeiner Deutscher Automobil-Club)
It's all in English as well.
Roel
www.popadd.com/overlandy2006
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21 Jul 2007
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Carnet arrived
Hello All,
a quick update just for the statistics, the carnet arrived on Wed the 18th of July via Special Delivery, exactly one month after I sent the cheque, the original request has been sent on the 7th of June.
The cheque is still unclaimed in my account though..... mmm... £1,025.... you know when they say: "Temptation....." 
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... and Nelly The Elephant packed the trunk and said goodbye to the circus...
Last edited by alexpezzi; 22 Jul 2007 at 01:48.
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19 Aug 2007
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Join Date: Aug 2007
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Carnet issues
Four of us bought 1999 Dommies for around the £3000 mark each and we did up a dodgy receipt for them all at £100 each.
This worked fine.
Cheap Carnet! Only prob was, we did not need them. No body asked for them except Turkey (After we had bought local insurance).
Im no expert but If I was to do a ride from Uk to Oz again, I would not bother.
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3 Sep 2007
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I was speaking the the main carnet chap at the RAC just the other day and he said that if you do not get both the "in & out" stamps done, but you do return the vehicle to the UK, just go down to your local police station and get them to witness that the vehicle has returned and the RAC would be happy with that.
Couldn't be fairer really
Quote:
Originally Posted by Matt Cartney
Hi,
Stephano makes a very good point, your deposit (£350 refundable RAC deposit) and 50% of your insurance premium are refunded on return of your carnet to the RAC (it takes a few weeks to process). As long as you have 'in' and 'out' stamps for all countries requiring a carnet, you should get your refund back even if the bike is not in the UK.
If I remember right the RAC organised my insurance with R.L. Davison for me, I just sent my cheque to them.
Your estimate of the cost sounds about right.
The RAC did not ask me for any verification of the bike's value, they took my word for it.
Matt
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