I am wondering if anyone knows the procedure or the laws of buying a car in the US and then driving it up to Canada and privatly selling it. I am not trying to make a business out of this, i just want to take advantage of the low exchange rate and also what the American market gets that the Canadian doesn't

If i only have to pay sales taxs and what not, i would get my realitives in the US to buy a car and then drive it up here for vacation and during that time i would pay them back with the money

this is a one time deal, not a bussines or what not.

thanks

 

if you are gonna buy a car in the state and drive back to vancouver and swtich to BC plate....it wont' do any good to you and I don't think it will be cheap.....because you need to pay tax and all the levy, custom fee etc......it won't be cheaper....and it depends on what car you want to buy

 

i dont mind the tax and such, bcuz if i buy the car here there wil be sales tax anways because im prob going to buy a s2000 or a car clsoe to that price range.. what about if my relatives brought the car and drove it up and "sold" me it and took a plane back.. what would i need to do besides from reg. it in ICBC or wutver

 

I think you are not only need to pay sales tax.......there are many different taxes..........For example, if I ship a brand new car back to TW, I will need to pay 100% tax on the car plus some levy tax.....I am not sure how much you need to pay in Van....

 

EASIEST WAY!!!

Pick up your yellow pages, or better open an online directory like Superpages.ca look up Customs Brokers, call one of dem guys and they'll
help you do da papers for like $40-$80

Lates
DC

 

alrite thanks

 

Don't forget the warranty, you won't have any warranty on the car. American Honda and Honda Canada are two identities.

 

An imported car needs a federal safety inspection before it can be licensed here in Canada. The two big things with a newer car is 1) daylight running lights and 2) bilingual air bag sticker on teh sun visor.

Your province may require a safety inspection too.

There's about $200 in processing fees at the border. They'll also collect GST and PST at this time.

And because the S isn't built in Canada or the US, they'll also hit you with a 6.1% duty.

So you can't drive a US car into Canada - it needs to be trailered or shipped in. I'm not sure what would happen with having a US resident drive it in with their plates/insurance and then sell it.

My brother brought in a M roadster this summer - it's built in the US, so he didn't have to pay the 6.1% duty. He saved about $10-12K vs buying a Canadian car. I had looked at bringing in an S at the time, but didn't know about the duty until I started investigating - then it didn't make it as attractive. The exchange rates have moved in our favour since then, so....

 

Oh, and the warranty should still be valid - BMW USA and Canada are seperate entities and the warranty on the M is still valid.

 

Experience of other members seems to indicate otherwise with Honda. America Honda and Honda Canada don't seem to want to cooperate on the warranty issue.