Quote:
Originally Posted by godwin PS also wants to give a heads up to your Buyer that JDM car is subject to 2.5% duty when it enters the states. |
That is correct. Americans pay 2.5 % duty on cars from Canada unless it can be proven it was originally from the USA.
It would be great if buyers did their own research but people are lazy. If you want to sell to Americans you need be able to answer questions and explain the process.
I sold my 993 to a buyer who flew here from Oregon and drove it home. Perhaps it's the same process. My buyer paid for a pre purchase inspection prior to purchasing the car. (PPI)
1. Buyer sends deposit via international wire transfer in currency of your choice. (Can take 2-3 business days to clear.)
2. Buyer takes a flight to pickup the car or organizes shipping. In my case the buyer took a flight then a ferry to Victoria.
3. Pick up buyer at airport / ferry etc
4. Show car to the buyer.
5. Receive balance of funds. Cash? Draft? Wire? This part is tricky. I accepted a draft in CAD funds for agreed upon amount. I spoke to the bank on the phone while the draft was being purchased a few weeks prior.
6. Drive to ICBC insurance agent.
7. Complete transfer form and sign registration and tear off and give to buyer. Buyer purchases trip permit to drive legally in BC on their way to the USA. Buyer can coordinate their own insurance in the USA if desired.
8. Remove plates, provide all receipts, spare parts and wave good bye.
9. Receive call from US Border Patrol confirming you sold a car to a US buyer and the sale price
One other note. Your JDM car must be 25 years old down the month. If you don't have proof of the manufacture date then you go by the first date of registration in Japan. In my case my Supra is February 1994 = legal for export February 1st 2019.