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Old 03-23-2010, 02:14 PM   #35
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Sorry, a little confusing, the discount on MSRP suggested was just because when I talk about the savings on importing, if I say I saved $2000 of MSRP, they always respond, "Well, you could get $2000 of MSRP in Canada" and ask "It probably cost you a bundle to get it." So where it is very likely you can get a discount off the MSRP price of the Camaro in Oregon, unless you've exhaust all options you can't assume you can't get the same discount in Canada.

On that note, a friend of mine who just got his 2SS Camaro, watched it sit on the dealers lot all winter, it had a sun roof he didn't want, he negotiated with them for approx 4 months when they finally realized it wasn't moving. They gave him $1000 off MSRP and removed the cost of the sunroof from the price as well, so he finally bought it. So I guess depending on the car, options and location, it's possible to get a discount in Canada.

I don't know if 2011 prices has been set yet, however, I highly doubt there will be an "major" adjustments for the exchange rate, history has shown otherwise. Yes, msqr, you'd think that the adjustment would be up on the US price, but GM wants to remain competitive with certain competition so I doubt an increase on the US price in the neighborhood of anything close to what we pay in Canada is out of the question as to even start coming close they'd have to tack on another $5000 to $6000.
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Old 03-23-2010, 03:45 PM   #36
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Wow, that must have been an amazing deal. Still way more than US MSRP. See I don't mind paying Canadian prices if it's just that, but the thing is, with all of these cars, they depreciate to US values in no time. Even my Honda, the reason why the price is so low is because the US car was $5000 cheaper.
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Old 03-24-2010, 12:36 AM   #37
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Originally Posted by msqr View Post
If anything won't US prices go up because of the changing exchange rate (instead of CAN prices going down)? I mean the cars are built here right...
excellent point. In theory the US prices should go UP and perhaps the $CDN come down a little.
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Old 03-24-2010, 12:38 AM   #38
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Wow, that must have been an amazing deal. Still way more than US MSRP. See I don't mind paying Canadian prices if it's just that, but the thing is, with all of these cars, they depreciate to US values in no time. Even my Honda, the reason why the price is so low is because the US car was $5000 cheaper.
Exactly...indeed...there is the orange car going for auction on Saturday. I have calculated the MAX price I will pay and it is based of my estimate of the USD value + GST + the cost of transportation and importation.

that will be MY best offer.
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Old 03-24-2010, 08:43 AM   #39
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Even more interesting, especially in the used car market, for myself msqr & Rickerbucks is that both the Ontario and BC governments are bringing in the HST this year. Which means you are going to pay 13% on both new and used vehicles purchased in Canada, before the end of 2010. So where it was somewhat advantageous to purchased a used vehicle in Canada instead of importing because you only paid the PST on the purchase of a used vehicle (saving 5%). Once HST comes into play this advantage is gone.

So as an example, a used Camaro 2SS can be purchased in the US for approx. $34k or ($38420 after tax), where as a used 2SS Camaro in Canada is approx. $45k or ($50850 after tax). Note*: the Canadian price is the only thing I could find quickly on a used Camaro on Autotrader.ca in Ontario. (I'm sure one could eventually be found for around $2000 cheaper).

Hmmmmm, which one makes more sense? A $12000+ difference is hard to pass up.
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Old 03-24-2010, 11:15 AM   #40
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That's true. HST will be 12% in BC because PST is currently 1% less than Ontario. It's actually pretty bad here because people aren't used to food at restaurants being subjected to PST whereas in Toronto it is - so that's a 7% jump for a lot of people for eating out.

Digressions aside, wait, so does this mean that if I buy used from the US right now I only pay PST? Like if I get my buddy to buy a Camaro in Oregon and he sells it to me say a week later, if I import it I don't pay GST?
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Old 03-24-2010, 11:25 AM   #41
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Nope, sorry, you only avoid GST if you purchase a used vehicle privately in Canada. Any new or used vehicle imported into Canada is subject to PST and GST just like if you purchase brand new from a dealer.

This is why I said the used car market is going to be hurt by the HST, once it is in place it doesn't matter if you purchase new or used from inside Canada or not you will pay HST (PST + GST). So one of the main benefits of selling your vehicle privately will be gone and it's likely more people will trade in their vehicles on new ones, since the trade-in value does reduce the HST you will pay on a new vehicle purchase.

Therefore, if you buy any vehicle anywhere in the US and import it into Canada you will pay 7%PST and 5% GST on the US price you paid for the vehicle after exchanging that value from US$ to CDN$ using the current exchange rate on the day of import.
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Old 03-24-2010, 11:27 AM   #42
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Dang, yeah that's a lot of money. If you do trade your old car into the dealer, you get HST credit? Do you get that with GST/PST right now? I wonder how much that works out to? I'm currently thinking about selling my vehicle privately but if I don't end up saving that much and lose out at the same time on tax credit....
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Old 03-24-2010, 12:11 PM   #43
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It's not really a tax credit, but it is a reduction in the amount of tax you pay. For example, if you buy a new Camaro for $45k and have no trade in then you pay PST & GST (HST eventually) on $45k. However, if you trade in a vehicle worth $20k, then you would only pay PST & GST (HST eventually) on the difference between the purchase price and your trade in ($45k (purchase price - trade-in value $20k) so you'd pay PST & GST (HST eventually) on $25k.

That's how it works in Ontario anyway. The current benefit of selling privately is the potential buyer only has to pay PST, so technically you as the seller and the potential buyer could "share" the GST savings & dealer mark-up (profit). So you usually get more $ selling it privately and they save money because they can usually pay you more then a dealer will and don't have to pay the GST. With the HST, one of the benefits is removed. So the higher value of your trade-in vehicle the more beneficial it becomes to trade-in as opposed to selling privately.
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Old 03-24-2010, 11:19 PM   #44
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Sales tax on used cars is absolutely criminal. Immoral. Its fundamentally WRONG that we have to pay a sales tax on used anything. I'm sure some cars end up generating more tax for the taxmana then the actiual original cost of a vehicle over its life.

I'm a law abidding, tax paying, honest citizen but this issue is bulls**t. THAT is why I'm getting my mods done.....amongst a number of reasons....in Calgary
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Old 03-25-2010, 12:14 AM   #45
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If you bought a Camaro in the US and brought it back thru Alberta and registered it there, do you only pay 5% GST at the border? They have no PST, right?
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Old 03-25-2010, 01:00 AM   #46
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If you bought a Camaro in the US and brought it back thru Alberta and registered it there, do you only pay 5% GST at the border? They have no PST, right?
you would only pay GST at the border BUT when I register at ICBC you have to pay the PST.

PST is unavoidable on the car but not the mods.
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Old 03-25-2010, 02:45 AM   #47
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Finally some one who knows what he is talking about!

Bravo!
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CAMARO.. 2010 The Heart Beat is back in CHEVROLET
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Old 10-04-2013, 09:00 AM   #48
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Found this old thread, looks like there is a $10,000 savings if buying a new 2SS in the US.

Does anyone know if dealers in the states still can't sell to a CND? I have a friend in Washington state, maybe I could get him to register the car first?

any help would be greatly appreciated, thanks guys.
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Old 10-04-2013, 09:37 AM   #49
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To my knowledge GM still restricts new car sales to Canadians in border states. Used cars not an issue. You might have better luck traveling to a dealership further down into the states. Issue with your friend in Washington registering the car there, he will have to buy to register himself and pay state taxes. Then you will have to buy from him and when imported pay Canadian taxes. Still would most likely save you money. I have imported a few older cars from the states. Last car bought in South Carolina, just paid min. fee for 30 day tags, did not have to pay SC sales tax as I had a Canadian address and was exporting. Each state might be different.
Just keep in mind the time limit and km restrictions GM Canada puts on new cars bought in the states. Sucks, Ford Canada has no such warrenty restrictions for cross border purchases and no dealer restrictions selling to Canadians (at least they didn't last time I checked).
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Old 10-04-2013, 09:56 AM   #50
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To my knowledge GM still restricts new car sales to Canadians in border states. Used cars not an issue. You might have better luck traveling to a dealership further down into the states. Issue with your friend in Washington registering the car there, he will have to buy to register himself and pay state taxes. Then you will have to buy from him and when imported pay Canadian taxes. Still would most likely save you money. I have imported a few older cars from the states. Last car bought in South Carolina, just paid min. fee for 30 day tags, did not have to pay SC sales tax as I had a Canadian address and was exporting. Each state might be different.
Just keep in mind the time limit and km restrictions GM Canada puts on new cars bought in the states. Sucks, Ford Canada has no such warrenty restrictions for cross border purchases and no dealer restrictions selling to Canadians (at least they didn't last time I checked).
SO I guess I could first look into states further south like u mentioned. See if they will sell to a canuck.

if not then I guess i gotta ask my friend in Washington for a big favour. does he have to keep the car in his name for a certain time period or could he transfer over to my name the next day??

worse case scenario is I buy a car up here, but that $6000-8000 I don't save is really going to cut into my parts I wanna buy
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Old 10-04-2013, 01:12 PM   #51
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I have one for sale priced right in Vancouver with 2000 kms on it.You will not save 15k bringing a ZL1 up from the USA.
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