Looking to import from US

333 4 ME · 03-22-2011, 08:22 PM

Markup on a brand new car is in the 6-9% range from factory invoice...this is average. However, dealers will always get a kickback from the Manufacturer of about 2% MSRP to ensure they make something on the sale even if they sell the car at MSRP. Plus they charge you an arm and a leg for Freight and PDI in this country - about 1800 or so, when really it only costs them about 3-400 per car. So now they have made over 2 Gs on a car that sold at a 35k MSRP.

Oh also, dealers get kickbacks from the manufacturer for meeting certain sales targets which is another revenue stream on new car sales. Aside from that, dealers also make their money by selling add ons (tint, rust proofing), extended warranties from 3rd parties, accessories (which are marked up huge), and of course the biggest of them all, service.

One thing you have to consider when importing vehicles that are not NAFTA exempt is that the 6.1 duty is also subject to tax. So the calculation is Vehicle Price in US * Conversion Rate * 6.1% * Provincial/Federal Sales Tax + all the other fees for importing the car.

Also, buying in the US doesn't give you the option to lease the vehicle, which means you have to pay cash up front or finance through a bank loan, which typically doesn't offer as good an interest rate as through dealer financing.

Mannysrt8 · 04-04-2011, 09:17 PM

Um...i have been doing this for years..buying used is the way to go...i have seen some 09's used going as low as 22K...after all is said in done...you can have one landed in Canada for about 28-29K....good luck finding one for 28K taxes in here in Canada.

oakland 9424 · 04-13-2011, 01:04 PM

370Z 2011 7AT touring Coupe Nav n sport pkg 39000 car price Columbia South Carolina + 300 sales tax. **** Smith dealership Angel Vargas Salesman. Drove home 3300 miles (approx 7-8 tanks gas to Alberta 500$) 1200$ to transport cost if you want instead ( Red Carpet transport). Federal RIV 210, don't need a provincial RIV if under 5000 km. Hotels over 4 days, 3x80 approx = 240 miscellaneous 1000$ = 41240 approx + 4400 duty and gst total=45640. Wayyyyyyy below this vehicles price any where in Canada. Oh yeah Travelling route 66 back to Alberta PRICELESS. Could have did over phone and saved more money. Signed: done it so don't ******** Papa

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03-22-2011, 08:22 PM	#1 (permalink)
333 4 ME Base Member Join Date: Mar 2011 Location: Toronto Posts: 1 Drives: G37 Rep Power: 15	Markup on a brand new car is in the 6-9% range from factory invoice...this is average. However, dealers will always get a kickback from the Manufacturer of about 2% MSRP to ensure they make something on the sale even if they sell the car at MSRP. Plus they charge you an arm and a leg for Freight and PDI in this country - about 1800 or so, when really it only costs them about 3-400 per car. So now they have made over 2 Gs on a car that sold at a 35k MSRP. Oh also, dealers get kickbacks from the manufacturer for meeting certain sales targets which is another revenue stream on new car sales. Aside from that, dealers also make their money by selling add ons (tint, rust proofing), extended warranties from 3rd parties, accessories (which are marked up huge), and of course the biggest of them all, service. One thing you have to consider when importing vehicles that are not NAFTA exempt is that the 6.1 duty is also subject to tax. So the calculation is Vehicle Price in US * Conversion Rate * 6.1% * Provincial/Federal Sales Tax + all the other fees for importing the car. Also, buying in the US doesn't give you the option to lease the vehicle, which means you have to pay cash up front or finance through a bank loan, which typically doesn't offer as good an interest rate as through dealer financing.

04-04-2011, 09:17 PM	#2 (permalink)
Mannysrt8 Enthusiast Member Join Date: Mar 2010 Location: Vancouver Posts: 254 Drives: 370z & Optima SX Rep Power: 16	Um...i have been doing this for years..buying used is the way to go...i have seen some 09's used going as low as 22K...after all is said in done...you can have one landed in Canada for about 28-29K....good luck finding one for 28K taxes in here in Canada.

04-13-2011, 01:04 PM	#3 (permalink)
oakland 9424 Base Member Join Date: Mar 2011 Location: Canada Posts: 16 Drives: 2011 370Z 7ATLoaded Rep Power: 15	370Z 2011 7AT touring Coupe Nav n sport pkg 39000 car price Columbia South Carolina + 300 sales tax. ** Smith dealership Angel Vargas Salesman. Drove home 3300 miles (approx 7-8 tanks gas to Alberta 500$) 1200$ to transport cost if you want instead ( Red Carpet transport). Federal RIV 210, don't need a provincial RIV if under 5000 km. Hotels over 4 days, 3x80 approx = 240 miscellaneous 1000$ = 41240 approx + 4400 duty and gst total=45640. Wayyyyyyy below this vehicles price any where in Canada. Oh yeah Travelling route 66 back to Alberta PRICELESS. Could have did over phone and saved more money. Signed: done it so don't ****** Papa