Big, Big Time Poster
wow that didn't sell for $1000 at no reserve? even for parts... but maybe i'm used to the inflated canadian market.
i'm certainly not buying or having a bidding war with another member - (having enough trouble affording the little one i have) - but i'm just curious what it costs to import a car from the states. i was under the impression you have to do it through a broker and there are costs on top of the broker fees and the gst/pst.
2 Grand Master
Originally Posted by 525i winter driver
it costs you tax plus import duty - you don't need to use a broker, I do in order to save time sometimes, but it's a $50 dollar charge...Duty on German cars is around 6% if I remember correctly. It's an easy process, I imported my previous daily driver from the US.
i imported a 325is from canada. needed a letter from bmw canada saying it was free of recalls and a compliance letter. then paid tax on the blue book value, not what i paid (i paid like 2k and they taxed me for a $3500 car). also had to swap the speedo to mph
this ebay ad is enticing, but dangerous. s38's are expensive to rebuild, and "tranny problems" isn't very descriptive or confidence enspiring.
2 Grand Master
it's a bit different importing TO Canada. We only pay taxes on book value if the car is less than ten years old. Otherwise it is on purchase price. Also, there is no need to convert any of the speedometers or odometers. The only conversions that need to be made are safety related - daytime running lights if the vehicle was made after 1991, and child seat restraints, things like that.
We do need a letter of recall clearance as well, if the vehicle is less than 15 years old.
where do you see that it didnt sell at 1k with no reserve? can you view sellers past auctions? (the only way I knew how was to check their feedback and click those links but obv there wouldn't be feedback if it didn't sell)
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