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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2014 BMW 328i X-Drive Touring M sport, Mineral Grey
2010 BMW 535i X-Drive M sport, Alpine white
2010 Ducati Streetfighter S, midnight black
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