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      11-26-2010, 09:41 AM   #1
tyrewt
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Can Canadians lease from an American dealership?

Being a Canadian, I was wondering if it is possible to lease a new M3 from an American dealership?

(USA dealer is closer to my current location)
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      11-26-2010, 10:19 AM   #2
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some issues raised

They may have an issue for many reasons... First how would payments work meaning currency etc, and also what would happen if you stopped making payments and they had to repossess across the border... There is a lot more to it too, but just those issues may make it difficult.. Call the dealer, they should have an answer
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      11-26-2010, 10:44 AM   #3
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I am pretty sure the answer is no. Ill check stand by.
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      11-26-2010, 10:49 AM   #4
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ok you can not buy new and USA CPO's are not recognized outside of the states. Hope that helps.
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      11-26-2010, 11:57 AM   #5
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Yeah, I knew about the new car thing, just thought perhaps a lease (since it would go back) isn't applicable. Looks like I'll have to settle for a "used" M3 with low mileage. :\

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ok you can not buy new and USA CPO's are not recognized outside of the states. Hope that helps.
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      11-26-2010, 04:28 PM   #6
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I have a friend who was living and working in the US and bought a car then moved back to Canada. He was about 2 years into the payments and the US dealer made him pay off the full loan before he could take it out of the US permanently. This was a VW and not a BMW but I'd guess most dealers have similar policies.
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      11-26-2010, 07:46 PM   #7
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Quote:
Originally Posted by tyrewt View Post
Being a Canadian, I was wondering if it is possible to lease a new M3 from an American dealership?

(USA dealer is closer to my current location)
I had a CA customer with a US registration address. The deal worked out just fine.
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      11-27-2010, 02:52 PM   #8
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Quote:
Originally Posted by kibosh View Post
I have a friend who was living and working in the US and bought a car then moved back to Canada. He was about 2 years into the payments and the US dealer made him pay off the full loan before he could take it out of the US permanently. This was a VW and not a BMW but I'd guess most dealers have similar policies.
I don't understand why the dealer was involved with the loan once the purchase was made. Usually it's a bank or finance company who hold have the loan, not the dealer.

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I had a CA customer with a US registration address. The deal worked out just fine.
Havin a US registration address or a American co-sign the lease seems like the way to make it work. The car probably couldn't be ever registered in Canada. I certainly wouldn't be volunteering any info about where the car was going to be kept. Insurance may be an issue though.

I've sold 2 cars to a Canadian friend of mine, the import process is somewhat of a pain in the ass.
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