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  #1  
Old 01-28-2008, 11:42 AM
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Wagner, or should i say McLuvin, avatar is hilarious - and where did u get that rap quote?
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Old 01-28-2008, 11:43 AM
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Quote:
Originally Posted by rastaFarai
Wagner, or should i say McLuvin, avatar is hilarious - and where did u get that rap quote?

Ahh you see, you have to figure out what song the quote is from
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Old 01-28-2008, 04:47 PM
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I think you should be asking $35 k CDN, and accepting something less than that. Dealer may give you $32 k on a trade. 4.4 values (pre-valvetronic) are not going to hold very well. Countering that, you have a CPO warranty, so make sure you promote it as such.

No duties between Canada and US (North-American built vehicle). Some tax issues, but they should be for the buyer, not the seller. Wouldn't think you have a market in the US for this, given where the dollar exchange rate is.
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Old 01-30-2008, 08:29 PM
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Depends on the VIN of your vehicle. If it starts W....then the car is considered German and will accrue a 2.71% import duty paid by the US buyer before the car can cross the border. This doesn't relieve or lessen the state tax paid to register the car.

If it starts with a number, then there is no duty.

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Quote:
Originally Posted by JCL
I think you should be asking $35 k CDN, and accepting something less than that. Dealer may give you $32 k on a trade. 4.4 values (pre-valvetronic) are not going to hold very well. Countering that, you have a CPO warranty, so make sure you promote it as such.

No duties between Canada and US (North-American built vehicle). Some tax issues, but they should be for the buyer, not the seller. Wouldn't think you have a market in the US for this, given where the dollar exchange rate is.
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  #5  
Old 01-30-2008, 11:20 PM
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Quote:
Originally Posted by Werewolf
Depends on the VIN of your vehicle. If it starts W....then the car is considered German and will accrue a 2.71% import duty paid by the US buyer before the car can cross the border. This doesn't relieve or lessen the state tax paid to register the car.

If it starts with a number, then there is no duty.

Ask me how I know...
It is an X5, built in the US. How can it have a German prefix in the VIN?
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  #6  
Old 01-30-2008, 11:25 PM
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Depends on % of parts/value from the US and from Germany/non-NAFTA countries

Even though my 2001 was finished and assembled in South Carolina, the x5 is 65% foreign-origin components so it got a VIN starting with a W. The US Customs saw the W and slapped the 2.71% duty without a word.
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Old 01-30-2008, 11:47 PM
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Quote:
Originally Posted by Werewolf
Depends on % of parts/value from the US and from Germany/non-NAFTA countries

Even though my 2001 was finished and assembled in South Carolina, the x5 is 65% foreign-origin components so it got a VIN starting with a W. The US Customs saw the W and slapped the 2.71% duty without a word.
Thanks. Interesting history. I dug into it a little bit, and see references to 2001-2002 X5s being labelled with a W prefix by BMW. Their logic apparently was that the South Carolina plant was in a free-trade zone so it wasn't technically US soil. When they got caught they switched to the numerical prefix signifying US production. I don't think the content % changed after a few years, just that they got called on it. Maybe the content % did change, just not sure how they would do that, what components they would have switched over to US suppliers.

Edit: For the original poster - your 2004 shouldn't have these issues, but I think it is irrelevant since your car would be worth less in the US.
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Old 01-28-2008, 10:49 PM
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Quote:
Originally Posted by Wagner
Ahh you see, you have to figure out what song the quote is from
P Diddy huh?

In the U.S., there seems to be more people (or maybe it's just dealers) using Galves.com for determining used car values rather than Kelley Blue Book.
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