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-   -   how much would this be worth realistically (https://xoutpost.com/bmw-sav-forums/x5-e53-forum/42368-how-much-would-worth-realistically.html)

JCL 01-30-2008 04:57 PM

Quote:

Originally Posted by sprocket1200
Yup, the 4.4's i speak of had warranty as well.
There are guys that go directly to the auctions and get BMWFS vehicles. these are the same auctions that dealers and used car lots go to. you save a few thousand doing it this way.

of course, if someone wants to pay more for a Canadian spec car, the more power to them. all the things you need to 'Canadianize' the car can be programmed for 1/2 labour.

Call me cheap, but i got the exact same car and paid thousands less. More money for motorcycles that way!

we got ours in November, prices have fallen another grand or two since then. if trade in is a worry, don't trade it in!

We are debating two different issues. You bought a US car and paid a US price. Sounds like you are very happy, great!

The OP wanted to know how much to sell his Canadian spec car for. It sells for more than the US sourced vehicle. You don't need to buy it for that price, but he is able to sell it for that price to somebody who wants it.

Interested whether your US sourced vehicle has a BMW Canada CPO warranty like the OP's vehicle?

sprocket1200 01-30-2008 05:47 PM

no CPO warranty as it was not bought at a CDN
BMW dealer. you can get them to take off an allowance anyway if you don't want the warranty.

still have original warranty for now, after that i will be self insured

Werewolf 01-30-2008 08:29 PM

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...


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.


JCL 01-30-2008 11:20 PM

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?

Werewolf 01-30-2008 11:25 PM

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.

JCL 01-30-2008 11:47 PM

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.

Werewolf 01-31-2008 12:04 AM

Quote:

Originally Posted by JCL
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.

Too late to get a refund on duties paid? Similar to getting blood from a stone I would think....

JCL 01-31-2008 12:12 AM

Quote:

Originally Posted by Werewolf
Too late to get a refund on duties paid? Similar to getting blood from a stone I would think....

Not a hope. The US government didn't get their money when the car was built, so when they got a second chance several years later they seized the day.


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