Thinking of purchasing a car from the U.S and importing it into Canada? Maybe you are planning this because of the low costs of vehicles in the U.S as compared to Canada? Well before you do, read this guide to ensure you are saving money.
Should You Buy a Car From the U.S Instead of Canada?
The short answer is, yes – in most cases! This is because Canadians pay 20% more than what Americans pay to purchase a car. Since most of the auto manufacturers are located in the U.S, locally manufactured vehicles always cost less. This means if a car costs between $25,000 and $30,000 in the U.S, a Canadian may pay $5,000 to $6,000 extra for it.
Car manufacturers justify this price difference by saying they need to make up for the lost dollars in importing the vehicles from their U.S manufacturing plant to the Canadian showrooms. However, many Canadians are not buying into this excuse and exploring import routes on their own.
However, keep in mind, there are many fees, taxes, and duties associated with car import into Canada. So even if you do it yourself instead of hiring a car shipping company, expect to pay a few thousand bucks.
Let’s Look at the Car Import Costs:
Many people who benefit from the import of cars from the U.S to Canada are the ones who get NAFTA vehicles that are manufactured or assembled in the U.S, Mexico, or Canada with at least 55% content. This is because these vehicles have no duties, saving a good amount of money on imports. However, there are some more costs associated with import, be sure to consider them before buying and importing a car from the U.S:
Importing the Car Into Canada:
If you still think the overall car cost is going to be less than what it’s costing you in Canada then you can proceed with the import process. Here’s a general overview of the process:
Get in touch with a reputable dealer, inspect the car with a 3rd party automobile inspection company and purchase it if everything checks out.
Contact RIV Using:
And ask them about additional car inspection requirements. Be sure to contact them before buying the car to ensure the vehicle you are purchasing is admissible in Canada.
Hire a car transport company to move your car from the U.S to Canada and that’s pretty much it. Feel free to talk to us if you need any help with importing to and from Canada.
Media ContactCompany Name: Easy Auto ShipContact Person: Eric RayEmail: Send EmailCountry: United StatesWebsite: https://diytransport.com