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      02-28-2008, 05:46 PM   #24
goldminer
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Drives: 2011 SG E92 M3, 6MT
Join Date: Feb 2006
Location: Toronto, Ontario, Canada

Posts: 453
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Quote:
Originally Posted by turb934 View Post

8. Freight to port of loading. $0 if dropped off in Bremerhaven. $200-$300 for other Germany cites depending on model.
9. European port handling- $240
10. Marine insurance- $268 for 3 series. $612 for 6 & 7 series
11. Ocean freight- $270 for 3 series. $319 for 6 & 7 series.
12. Canadian brokerage & dock charges- $200
13. Halifax terminal & loading charges- $75
14. Agriculture Canada inspection- $43
15. Rail transport from Halifax- $800
18. Payable at Customs-Import duty- 6.1%, excise tax- $100 & GST.

So I was right. The difference is mostly the import duty. The above charges [$250 + $240 + $268 + $270 + $200 + $75 + $43 + $800 + (.061 * $65,595)} add up to $6,147.30 and are charged later.

So $65,595 + $6,147.30 = $71,742.30. Pretty close to the $71,300 list price especially allowing for these costs being 2 years old.

The vehicle gets titled and plated in Germany and driven for up to one year, in which Canada does not charge the import duty. (There are extra German insurance and title charges which I have not included above). When it finally does come to Canada the shipping and customs charges and taxes get added. So the car ends up costing the same and the difference is largely the 6.1% import duty which gets levied later.
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