- Understanding Exotic Cars
- Where Do Exotic Cars Originate?
- How Many Were Imported?
- Ferraris in the Korean Market
- Where Are Exotic Cars Imported From?
- What About Luxury Cars?
- Shipping Exotic or Luxury Cars with A1 Auto Transport
- Final Thoughts
Exotic cars are the pinnacle for many car enthusiasts. They have streamlined designs and advanced features to complement their high-performance engines. But how many standout vehicles are imported into the US each year?
These rare vehicles come from overseas with a hefty price tag, but that doesn't stop their sought-after appeal from bidding customers.
Compared to the luxury car market, we see more demand for a limited exotic car that rises in value. Nonetheless, shipping these vehicles across the world is the easy part. Thanks to our experienced transport team at A1 Auto Transport.
So, let's look at exotic cars, how many of these rare beauties are imported into the US each year, and why you should use a reliable shipping company to ensure your new purchase will arrive hassle-free to its destination.
Understanding Exotic Cars
Exotic cars are set apart from the everyday cars on the road. They are exclusive purchases in foreign markets and, in some social circles, can represent wealth or an appreciation for car design that an average car cannot.
Exotic cars come with hefty taxes because of their price tag. But that doesn't stop car enthusiasts from buying into this expensive niche and determining how many are sold yearly.
And because of the growing demand for specific exotic or supercars and the rise of consumers with more disposable income, there may be a percent increase in the fees you have to pay when you consider purchasing a new or preowned exotic vehicle.
Many supercars are your typical gas engine, while others are in their electric vehicle era, making it more attractive for car buyers in regions concerned with gas emission standards and lowering congestion, like in the UK.
Where Do Exotic Cars Originate?
Typically, you'll find these cars from European brands like:
Buyers come from across the world, including the Middle Eastern regions like Saudi Arabia and the United Arab Emirates (UAE), the US, the UK, parts of Asia like South Korea and China, and from Africa, including Nigeria.
So, finding your dream car when the consumer pool is quite large and the cars are limited can be a challenge.
How Many Were Imported?
So, what is the exact number of exotic or supercars that come into the US every year? These numbers fluctuate yearly depending on the market value, import regulations, and the economy.
Although there isn't an exact figure for exotic cars, our experts at A1 Auto Transport did some research into general motor vehicle imports. For example, in 2020, approximately 6.5 million cars were imported into the US.
This figure was less than the values from 2017 to 2019, which were in the 7 million. This could have been due to the COVID-19 pandemic and its impact on people wanting to buy new vehicles, so fewer were manufactured, as consumers weren't leaving their homes as much.
Ferraris in the Korean Market
Additionally, some supercars like the Ferrari have become more regular purchases in the Korean market. From 2015 to 2019, we saw a 27 percent increase in the number of consumers buying Ferraris in 2015, with around 203 new registrations in 2019.
Where Are Exotic Cars Imported From?
As we mentioned, exotic cars can typically be from European brands. However, that doesn't mean you'll find them in that region, as you can find reputable authorized dealers in different parts of the world.
For example. There are supercars for sale in Japan, which is known for its impressive range of high-performance vehicles. You may find an exotic car with advanced features from the Japanese market if that's what you're after.
Moreover, due to sales growth in Europe, like in Germany, we're seeing more consumers purchasing supercars. We're also seeing a predicted rise in sales until 2027. We also think the US market will follow this direction and increase the number of people purchasing exotic cars in the next few years.
What About Luxury Cars?
The luxury car market is not as exclusive as the exotic car trade, but there is still a high demand for luxury brands like Land Rover or Tesla. Similarly to exotic cars, you may find luxury car dealerships worldwide.
So, finding the one that is exactly what you're looking for could be thousands of miles away. But that shouldn't limit you, as you can use transport companies to help bring that vehicle to your home without hassle.
Shipping Exotic or Luxury Cars with A1 Auto Transport
Choose a reliable vehicle transport company like A1 Auto Transport to help ship your new purchase without stress. Our experts understand US Customs and Border Protection law on how to import a vehicle into the country successfully.
The first step is estimating how much it will cost from its origin country to its destination. Then, we'll go through a business model and the legal requirements on the best way to ship the vehicle to you.
This will include the best mode of transport, including sea freight, the relevant documents we need from you, and organizing a time frame to receive your new exotic vehicle securely.
We'll also arrange to pack the vehicle, whether it means getting our team to the car's origin location or liaising with the seller's team and delivering the vehicle to you with our door-to-door service.
Overall, exotic vehicles are becoming more sought after in society. Although these cars come with an expensive price tag, that doesn't stop their worldwide consumer pool from wanting to purchase an exclusive Rolls-Royce or Bugatti.
There isn't a specific number of imports each year, but we know there is an increase in countries like South Korea and a predicted increase in Germany. We don't doubt the US will continue to follow suit.
If you want to ship your new or preowned supercar purchase, discover the most efficient shipping service with A1 Auto Transport. We are experts in large vehicle delivery, particularly high-tech exotic ones. So, why not contact our team by unlocking your free quote on our website today?