subject: Should I purchase an imported vehicle from U.S? [print this page] You have probably made a purchase online recently not evening thinking twice about the process, if you can trust to purchase everyday items online would you trust purchase a vehicle without seeing it in person? The allure of U.S vehicles is obvious, not only the are priced cheaper right from the manufacture but due to recent rise of Canadian dollar it is a very attractive option to consider. There is nothing wrong with purchasing an U.S vehicle imported to Canada, there are few things you should consider before making this decision though. First of all is this imported vehicle been modified up to Canadian standard? Due to different regulations between the two countries, U.S vehicle does not require to have day time running light, rear child seat anchors, and different speedometer. To modify the vehicle is relatively easy by changing few small parts, and you can do it even at your local Canadian Tire store.
It doesn't make sense for you to buy an U.S vehicle if you are purchasing a vehicle less than $30,000, the price discrepancy between the two countries doesn't offer enough incentive for you to go through all the trouble. U.S vehicles are typically 30-40% cheaper compare to their Canadian counter part; it makes sense for you to purchase something expensive and exotic so you can benefit from the savings. If you currently own an U.S vehicle you may encounter a problem when you are trying to sell the vehicle in the future. Generally speaking an U.S vehicle will be re-sold for lot less when it comes to re-sale value.
If you are looking to make a profit from importing U.S vehicles it may not be as simple as it sounds. Canadian dealers will typically offer only 50% of the trade in value once they know the vehicle came from U.S. If you are trying to profit from importing vehicles for resale purposes you should definitely reconsider before investing your hard earned money foolishly. If you are able to find a good deal on an U.S vehicle with required modifications already done, you will save yourself valuable time and effort. In conclusion if you are trying to purchase an U.S vehicle it is better for you to buy it from a dealer where you can go back to if a problem ever come up.
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