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What You Should Know About Buying A Used Car From The U.S. And Importing To Canada
Every year, there are many Canadians who purchase used cars from the United States. The reasons Canadians buy a used car from the US can include: they found a car at a cheaper price, they located a specialty car that cannot be found in Canada, or they are buying a used car from a private seller. If you are planning to buy a used car from the US and bring it to Canada, it is important to understand what the process involves so you do not get held up at the border crossing.
Used cars that are at least 15 years old are allowed to be imported from the U.S. without having to be checked to see if they meet Canada’s emission and safety standards. The age of the vehicle is determined from the month the vehicle was built. Transport Canada’s Registrar of Imported Vehicles (RIV) program is responsible for making sure all imported vehicles meet Canada’s safety standards. Used cars, such as used Hondas that are imported from the US are normally carried by a flat bed truck or driven across the border. Once you have purchased the car, you have to go to that particular state’s Department of Motor Vehicle office to acquire that state’s title. On the state’s motor vehicle department website, you will find the information on how to get temporary registration for the car. Remember, before you can travel with the vehicle, you will need to provide proof of insurance because it is illegal to drive in the US without auto insurance.
To be permitted entry into Canada with a used car, you will need the copy of the vehicle’s foreign registration document. This document provides information about the county of export and the age of the vehicle. You should also have a bill of sale that details information about the vehicle such as the vehicle identification number, make, year, and model, the names and addresses of the seller and purchaser and how much you paid for the used car.
When arriving at the border, a customs official will enter the car’s data into the RIV program. There will be a registration fee of $182.00, except for Quebec, which is $197.00. If the car has to be brought up to Canadian standards, you will have 45 days to do so. You won’t be able to register and license the car in Canada until it is modified and inspected. When you have met all of the import criteria, customs will provide you with a Vehicle Import Form, which is given to your province’s licensing officials. Once the used car meets the standards and passes inspection, you can then get the car registered. As well, you will be responsible for such fees as provincial sales tax on the amount you paid for the vehicle and registration fees.
When buying a car from the US to bring to Canada, it is important to remember that you will not be able to secure leasing or a financing plan, or qualify for any rebates. When purchasing a used car from the US instead of Canada, you have to be aware of the extra fees associated with the import. As with any purchase, always do your research so you do not end up having your car denied access at the Canadian border.
Your car dealership offers a diverse selection of high-quality vehicles, including used cars, trucks, SUVs, minivans, and commercial cars. Choose your dream automobile from both new and honda dealership Toronto to satisfy your driving needs.
Save Money With Used Honda Cars
Although Honda motor company has produced cars almost as long as they have produced motorcycles, it was not until the gas crisis of the 70s that their fuel efficient vehicles became popular in the United States. Today, Honda continues to manufacture some of the most fuel efficient vehicles available so that used Honda cars are among the most popular used vehicles.
There was a time that the life expectancy of a vehicle was around 100,000 miles. Today, vehicle life expectancy is much greater. Many vehicles remain very dependable at the 200,000 to 300,000 mile range if they have regular service. This makes used vehicles a great bargain.
Used vehicles have always been a way to save money. Once a new vehicle has been driven off the sales lot for the first time, it drops in value by thousands of dollars. By purchasing a used vehicle, you do not experience the loss in value.
Used Hondas are better at retaining their value than vehicles produced by some of the other manufacturers. For the consumer, this means that when you get ready to sell the vehicle that you own, if it has been well maintained, you will get a larger portion of your original purchase price back.
When you purchase a used vehicle, you should have preventative maintenance performed immediately unless the previous owner shows proof of recent servicing. Preventative maintenance should follow the schedule of that the vehicle manufacturer has published in the owner’s manual. Make sure that you read and follow that schedule as maintenance schedules have change significantly in the past few years.
If you purchase a relatively new used vehicle, it may be possible to extend the original owner’s warranty from the factory. There is usually a fee to extend the warranty, so if the vehicle you purchase is near the end of the period, it may not be worth the fee to extend the warranty.
A fairly new service that may be helpful if you are purchasing a used vehicle is that offered by Carfax. By entering the VIN number of the vehicle and paying the fee, you will be able to know about any major repairs that have been made to the vehicle. This will also let you know if the vehicle you are considering has been in an accident. You should purchase your own Carfax report and not depend on one provided by a car dealer.
If you have a trusted auto mechanic, it may also be worth the fee to have him check out the vehicle before you make a purchase. The money you pay for his inspection may save you thousands of dollars in repair bills later on.
If you purchase a used vehicle instead of a new one, you will not qualify for some of the dealer incentives that are offered on new cars. These incentives can often be used as a part of the down payment on the vehicle and may qualify you for more creative financing options than are available on used vehicles. In addition, the interest rate is sometimes higher for used vehicles than it is for new ones.
Used Honda cars can offer you a great value. In many cases, it is possible to save a substantial amount of money by purchasing a slightly used vehicle rather than a new one.
Your car dealership offers a diverse selection of high-quality vehicles, including Honda Toronto, trucks, SUVs, minivans, and commercial cars. Choose your dream automobile from both new and used Formula Honda Toronto to satisfy your driving needs.