Car Import question

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Subject: Car Import question
  Would anyone have experience or advice on this? Regarding purchasing a new car either before or after landing.

I know importing a car to Canada is advantageous in avoiding Canadian customs taxes. But if one is moving to Canada from the U.S., is there any advanatage to buying a new car in U.S. first then importing it versus buying a new car in Canada after landing?

Any significant difference in cost between the two options? I suspect new car prices and taxes will be higher in Canada than in the U.S.

Thanks

[10-06-2006,16:30]
[**.53.231.75]
Moving
(in reply to: Car Import question)
You will save on taxes. Cost could be the same but you can win on exchange rate about 7%.
The good thing would be if you tell US dealer that car is for exporting then you could save on US taxes too. But you can´t sell this car in Canada for 2 years.

[10-06-2006,19:18]
[**.109.231.253]
Eldorado
(in reply to: Car Import question)
Hnads down, you have more advantages of bringing a NEW car from the US than buying it here in Canada in most areas. As the guy above said, you will be forbidden from selling it in Canada for ONE year, not two years. That´s the current Law. Find out if you can drive in with a temporary title and registration... that would save you a lot more than just US taxes. Basically you get to void all tax cxlaims if you succeed with this. I haven´t done that so I don´t know all details but the Customs folks at the border in my laid-back province said I would have saved even more if I just bought new vehicle with dealers´ title and registration (they give you these in the US for the first 6 weeks of ownership).
[11-06-2006,15:10]
[***.202.54.107]
sameguy
Car import (in reply to: Car Import question)
Do I understand this correct. A new car bought in from US can be got without paying US taxes at origin and on arrival in Canada can be registered and due taxes paid.

Please clarify

[21-07-2006,11:55]
[**.229.114.169]
Natraj
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