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Learning the tools and the norms for importing a vehicle (2014-06-09)
Are you saving for a long time to import the car you have always admired? Well, frankly speaking, 90 % of people would say: yes. Obviously, looking at the fine ads of the legendary brands can't continue for a long time. Getting the brand and the model of your choice at your country might not be always possible. And so the question of importing the car comes into picture.
The procedure of importing a car is not utterly complex. It should be pointed out that the person who desires to get his or her preferred car in this manner has to know and understand thoroughly the rules and the norms. Just knowing the rules is not enough, one has to be well-informed of the basic tools, terms and documents involved in the process. So, if you are a citizen of Canada and you wish to import a car from US, knowing the nuances involved in the entire procedure would be better rather than to get perplexed at the last moment.
While you are importing cars from US to Canada, you need to follow the 5 basic steps, including the use of an import tax calculator. At first, you buy from your preferred seller. Then you can either get it shipped or driven across the border. Then you have the essential steps of going through the US and Canada customs. Finally, you register your vehicle at your home country. The import calculator comes very handy in these situations. This tool is totally free and simple to use. It permits the residents of Canada to compute their duties, taxes, RIV fees, excise fees, and inefficient fuel tax when they import a car from US. They have to enter vehicle sale price and year. They have to select the currency, state whether the car is air-conditioned or not and also fill in the VIN number. The tool then proceeds to calculate all the applicable taxes and the final Canadian dollar value of the vehicle, which can then be used to compare to vehicle prices in the Canadian market (using tools such as Auto Trader).
Another important tool in question is the vehicle importer checklist. The user has to select the vehicle type, year of manufacture and the manufacturer. Buyer has to specify whether the vehicle is being imported as a salvage vehicle or a parts vehicle. Details like location, city, province and the particular border crossing are to be given, and the licensing province is required as well. The buyer can then view and print the entire importer checklist with all the essential details for importing cars into Canada.
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