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View Poll Results: Are you willing to import a BMW from the US?
Yes 14 60.87%
No 9 39.13%
Voters: 23. You may not vote on this poll

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      02-27-2008, 03:06 AM   #1
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Are You Willing to Import from the US???

Who is really willing to import a car BMW from the US?
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      02-27-2008, 08:16 AM   #2
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I would in a second if I could afford to not finance.
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      02-27-2008, 08:54 AM   #3
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I am actually considering importing a Z4 coupe right now (no import duties since it is built in North America)
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      02-27-2008, 09:17 AM   #4
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Quote:
Originally Posted by 123d View Post
I am actually considering importing a Z4 coupe right now (no import duties since it is built in North America)
^ Considering the same thing when my Roady lease is up.

... for the 1er, I'd normally lease (& expense through business)
If I import I'd have to finance & go the depreciation route, which is not as beneficial.

At this point :iono:
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      02-27-2008, 09:22 AM   #5
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No. It's not worth it for me.

6.1% duties
5% Federal taxes
7.5% Quebec taxes
220.11$ Registrar of imported vehicule
500$ BMW of Canada letter
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      02-27-2008, 01:11 PM   #6
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^^ you should not include the
5% Federal taxes
7.5% Quebec taxes

since you pay that no matter what country you buy it from.
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      02-27-2008, 03:50 PM   #7
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Quote:
Originally Posted by 123d View Post
^^ you should not include the
5% Federal taxes
7.5% Quebec taxes

since you pay that no matter what country you buy it from.

Why ? These taxes are not included in the US price. And don't forget, you have to pay taxes in some state in the US...

I compare final US price VS final Can price.
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      02-27-2008, 04:36 PM   #8
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Then yes... just make sure you compare apples to apples.

If you add the taxes to the US price, add it to the CAN price as well (that will just make the gap larger)
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      02-27-2008, 05:51 PM   #9
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Keep in mind that BMW USA will not sell a new BMW to a Canadian for export. It has to be titled. Apperantly, it's part of their franchise agreement.
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      02-27-2008, 06:04 PM   #10
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Quote:
Originally Posted by Bringinthewolf View Post
Keep in mind that BMW USA will not sell a new BMW to a Canadian for export. It has to be titled. Apperantly, it's part of their franchise agreement.
i'm sure there are still some dealers that are willing to sell new to Canadians.....right? :thumbup:
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      02-27-2008, 06:10 PM   #11
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Get a friend in the states, or just get in thier good book (get them to sell it to an individual and pay them cash for it)
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      02-27-2008, 06:20 PM   #12
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Hey guy does anyone here know the exact procedures that are needed to import a car???

I was thinking that it would be helpful to everyone here, if we get a "how to" list going. I would do it myself, but I'm not 100% and don't want to throw people off.
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      02-27-2008, 06:23 PM   #13
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Quote:
Originally Posted by 123d View Post
Get a friend in the states, or just get in thier good book (get them to sell it to an individual and pay them cash for it)
You end up paying the State sales tax this way.
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      02-27-2008, 06:25 PM   #14
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Quote:
Originally Posted by excel View Post
Hey guy does anyone here know the exact procedures that are needed to import a car???

I was thinking that it would be helpful to everyone here, if we get a "how to" list going. I would do it myself, but I'm not 100% and don't want to throw people off.

http://ucanimport.com/

Excelllent source for information and well worth the $10
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      02-27-2008, 07:20 PM   #15
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This is an example...



I want a 135i with Premium pkg, Premium sound pkg, M Sport pkg and comfort acces.

If i go in the US for the same cars, i need this;

Base MSRP $34,900
Black Sapphire Metallic $475
Coral Red Boston Leather $1,450
Glacier Silver Aluminum Trim $0
Cold Weather Package $600
Sport Package $1,000
Comfort Access system $500
iPod and USB adapter $400
Premium hi-fi system $875
BMW Assist $750
18" wheels w/performance tires (style 264) $0
Destination & Handling: $775
Total MSRP as Built $41,725


I live in Quebec so, i purchase the car in Vermont. BMW USA don't want to sale to a person with no adress in the US. No problem, i have a PO BOX.

- 41.725$USD + 7% Vermont tax = 44 645.75$USD

Before the importation, the car title have to be stamp by the US Custom. It take 72h for the US custom to process the title.


72h later, i drive my brand new 135i to the canadian customs !

CBSA convert the price to CAD money.

44 645.75$USD = 43 805.06$CAD (Today's exchange = 1.01919)

I have to pay duties, 6.1%, car made outside North America...

-43 805.06 + 6.1% = 46 477.17$CAD

The GST now...

-46 477.17$ + 5% = 48 801.03$

The A/C tax...

48 801.03$ + 100$ = 48 901.03$

Now, 220.11$ for the RIV and the Form 1 (paper of importation) and 500$ for the authorisation letter from BMW Canada (i have to present this letter to the customs officer). I also have to present the Recall letter from BMW USA.

So, to clear my car at the border, it take 15-20 min and the final cost is 49 621.14$. It's now over with the customs !

But it's not over with the importation process ! I have to wait 10 days to receive the Form 2 from RVI. With this form, i can go to Canadian Tire for the car inspection. After the inspection, i can go to SAAQ (socièté d'assurances automobile du Québec) to plate the car.

At the SAAQ, i have to pay the PST of 7.5%...

48 901.03$ + 7.5% = 52 568.61$

I can now enjoy my 135i ! The import process is over !

Final price = 53 288.72$

End of the example !:wink:


In real life, before the Canadian Tire inspection, i have to go to a BMW dealer for all the modification to make the 135i ready to the canadian road (DRL for example). I don't have any clue of the cost of this procedure but, im sure it's expensive !

If i put 2000$ for the BMW modifications, the total cost of the car is 55 288.72$CAD.

At this price, i don't have the 261M wheels and no Anthracite Headliner. I want those wheels and a black car with red seats with a grey headliner is ugly... I need the Anthracite Headliner too, LOL

If i purchase my 135i in Canada, the total cost (including GST and PST) is 58 603.57$.

The price difference is 3314$.

The importation process is simple but, for a 3314$ difference in my case, it's not worth it.



P.S I work at the CBSA:wink:
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      02-27-2008, 07:22 PM   #16
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Quote:
Originally Posted by Bringinthewolf View Post
Keep in mind that BMW USA will not sell a new BMW to a Canadian for export. It has to be titled. Apperantly, it's part of their franchise agreement.
True, but....
Dealers have been know to "demo" a new car on the lot.
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      02-27-2008, 07:29 PM   #17
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Great stuff El Diablo! Now with those facts how many people are still willing to import??

I must admit, with that price difference I don't know if I would import. I must admit when I did the mental math, I thought the saving was more....I guess my math was off....
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      02-27-2008, 07:57 PM   #18
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does anyone know what's offered in the 4 year/ 80,000 km free maintenace by BMW?

if i were to import, i would lose this feature so how much would I know to pay for the same maintenance?
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      02-27-2008, 08:04 PM   #19
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Diablo, Just a couple of questions/comments:

- Vermont sales tax is 6%; also you can drive an extra hour to NH and not pay any state tax
- Are you sure the 6.1% duty fees is included in the price when GST/PST is calculated?
- I don't know how PST works in Quebec, but I'm pretty sure they don't charge you PST on the GST amount.... the taxes don't keep adding on top of each other.
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      02-27-2008, 08:14 PM   #20
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Quote:
Originally Posted by InOttawa View Post
I would in a second if I could afford to not finance.
Bank loan on US imported vehicles...
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      02-27-2008, 08:17 PM   #21
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diablo,

All of your numbers are accurate except for one thing: You will NOT pay state sales tax on the vehicle. State sales tax is charged when you register the vehicle to get your state tags (license plates as we call them here in Canada), and since you're Canadian, you're not registering it at the Vermont DMV are ya? Exactly.

This is no different than buying a car IN canada. You pay tax based on the province you live in, not the province you buy in. (I live in Alberta, purchased a new Acura in Saskatchewan, did not pay PST as I'm not a resident of Saskatchewan). Had I reversed this and lived in Sask but purchased in Alberta, I'd still pay PST even though I was buying in a province without PST.

The actual difference based on your numbers is about $6300 in savings.

Still not worth it, IMO... the hit on resale value on the back-end will easily be the amount someone would save.
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      02-27-2008, 08:21 PM   #22
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Quote:
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- Vermont sales tax is 6%; also you can drive an extra hour to NH and not pay any state tax
Vermont sales tax is 7%. Sure i can drive to New Hampshire but Vermont is just for the example and the BMW dealer in VT is alot closer for me.

Quote:
Originally Posted by InOttawa View Post
- Are you sure the 6.1% duty fees is included in the price when GST/PST is calculated? Same goes for the gas tax.
The 6.1% is taxable(GST). The PST of Quebec is calculated on the total amount paid (including Duties, GST and A/C tax)
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