How to make money importing cars to canada

How to make money importing cars to canada

Author: Impuls Date: 23.05.2017

If you've found yourself complaining that the cost of purchasing a vehicle within Canada is much more expensive than purchasing the same car in the United States, you're not alone.

However, with the U. If you've already considered this route, know what to expect before, during and after a purchase ahead of time, including import regulations, fees and more. You never know; after exploring the process, you may decide that buying and importing U. Comparisons between Canada and U. Car manufacturers are known for justifying the price difference by claiming the lost dollars must be made up, but it seems some Canadians don't feel the explanation is good enough and are instead taking their business south of the border in hopes of finding a better deal.

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Conducting a vehicle import from the U. However, a Canada car import is not totally free. There are some other costs that could add up rather quickly:.

It's possible that after adding up all of the costs you'll incur with purchasing from the United States, buying the car won't be worth it. Be sure to consider all of the above expenses before making the purchase.

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If you think that importing a new or used car is the right choice for you, here is a short checklist to keep in front of you from Import Car to Canada:. Deciding whether to purchase a vehicle in the U.

However if you've weighed your options and find importing your new vehicle across the border is financially beneficial, it could be the right choice for you. View all posts by Guest. It is also worth noting that some cars sold in the US are not identical to their Canadian counterparts and differ in safety areas such as bumper heights, meaning serious changes are required to get them registered in Canada.

Priced at Ford U. The difference with the Canadian dollar actually higher valued that the Yankee Greenback sure looks like Canadians are getting ripped off. Even if the trim levels are different, you should have a less expensive model available in the Mustang GT Convertible.

I was not knowing that some cars sold in the US are not identical to their Canadian counterparts and differ in safety!

I means its very attrative to buy product cheaper in the U. S since the canadian dollars raising but i never spend a thought about that they can have some stuff not approuved by Canadian law and allowed there.

Majority of my purchases are from the USA as Canadian retailers are still robbing consumers. Now I am looking at grabbing a WRX STI. Key thing you forgot to mention that Alex C brought up….. Before buying the car, find out if it will me Canadina safety standards….

In some cases its as simple as installing DRL day time running lights. Heck, even the dealerships do it!!!!!!! I bought my american z from a Canadian Nissan dealership and they were the ones that imported it!

Especially now that the dollar is at par. If the Canadian dollar is higher than the U.

how to make money importing cars to canada

Before you import a vehicle to Canada it is important to check to see whether it is admissible as per Transport Canada, whether the warranty will be honoured, and whether there were any recalls also.

This will help avoid being disappointed and could save you a ton of money in exporting a vehicle deemed inadmissible. I have a question. For some NEW vehicles,the US dealer will not sell to a Canadian unless you have a US address.

This is due to pressure from the manufacture read Canadian manufacturer influences US manufacturer and the US dealer could lose his dealership if selling to Canadians. Tried to buy new Chevy Silverado and no can do. Used trucks are no problem and imported vehicles are good too.

Just cannot buy a vehicle for which there is a manufacturing plant both in Canada and USA. The American government added another step to the process in October Now the vehicle must be filed in the Automated Export System. The result, a digit number called an ITN, must be sent to U. I recently imported a car from The States into Canada and it has not been more than 6 months, and I have to move to States with the family.

From a friend I heard that if this is the case then you will get all the fees and the exporting cost back from Canada. I was not sure about this and would like to confirm if you have the answer.

how to make money importing cars to canada

I am going to call them on Monday but just wanted to know. Would I essentially be paying double taxes.. Very important to remember you can not import a brand new model year auto ….

I RECENTLY PURCHASED A USED CAR IN MICHIGAN TO IMPORT INTO ONTARIO CANADA. For all of you out there talking about come to the U. S to buy cars.. And for those of you that are saying the cars are not the same.. I want to buy a Toyota Tacoma used from Canada and bring it to USA.

Good or bad idea, what is rewquired? What did you have to do at the border? But just wondering if any issues? It is an American vehicle after all. I financed my car through toyota i worked and lived in usa. Bought my car 6months ago. Now i got a job offer in canada and want to bring my car with me. I was told to bring in latter from my finance company. I am canadian citizen. So my question is that a finance or leased car can be imported to canada? Your email address will not be published.

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Alex C on September 16, at 9: Mike McMahon on March 5, at 7: Car Negotiation Coach on September 16, at 8: Matt van Berg on July 24, at 8: CI on October 3, at 1: Colin on March 28, at 8: Monica Muller on May 5, at Chris on January 15, at 1: Could I use my aunt address in the states to buy a vehicle there? RLamberton on August 15, at Bob on April 19, at 9: Did not see any mention of this in the above article. DALE NEWMAN on August 31, at Ryan on November 22, at 9: John on April 24, at 7: Imran on February 27, at 2: Submit a Comment Cancel reply Your email address will not be published.

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