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      11-18-2011, 02:23 AM   #45
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      11-18-2011, 02:25 AM   #46
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I wouldn't be converting the CDN to US, I'd be making the money in US anyways. No conversion I think that's what you meant?
No, I fully understand that you have US funds available in the US.

What I'm saying is that when you hit the border, Customs doesn't care how you paid for the car. They will be charging you the GST, P/HST, and Duty all based on the CDN dollar value of your US purchase.

Therefore, when they calculate the 5%, 7% and then the 6.1% on top of that total, it will be based on the CDN dollar value.

With the CDN dollar being worth 0.95 US dollars. It means on an $80K USD car:

$80 000 US purchase price = $84 000 CDN

7% (assuming PST) = $5880

5% GST = $4200

Subtotal = $94 080

Duty (6.1%) = $5738.88

Total taxes = $15 818.88 CDN

So even if you pay the entire amount in US cash up front, you will be required to hand over $15 818.88 at the Canadian border plus the A/C fee and filing fee. It still may be worth it depending on the car and what it's value is up here. A good example is a used, late model 911 TT. There are so few available up here (ie. a half dozen or so) that they hold they're value ridiculously well. The inventory is just so much deeper down south that the US purchases are typically still cheaper when you factor in the government taxes.
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      11-18-2011, 03:17 AM   #47
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      11-18-2011, 04:09 AM   #48
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Quote:
Originally Posted by Cdnrockies View Post
No, I fully understand that you have US funds available in the US.

What I'm saying is that when you hit the border, Customs doesn't care how you paid for the car. They will be charging you the GST, P/HST, and Duty all based on the CDN dollar value of your US purchase.

Therefore, when they calculate the 5%, 7% and then the 6.1% on top of that total, it will be based on the CDN dollar value.

With the CDN dollar being worth 0.95 US dollars. It means on an $80K USD car:

$80 000 US purchase price = $84 000 CDN

7% (assuming PST) = $5880

5% GST = $4200

Subtotal = $94 080

Duty (6.1%) = $5738.88

Total taxes = $15 818.88 CDN

So even if you pay the entire amount in US cash up front, you will be required to hand over $15 818.88 at the Canadian border plus the A/C fee and filing fee. It still may be worth it depending on the car and what it's value is up here. A good example is a used, late model 911 TT. There are so few available up here (ie. a half dozen or so) that they hold they're value ridiculously well. The inventory is just so much deeper down south that the US purchases are typically still cheaper when you factor in the government taxes.
Hrmmm... I never knew that. I guess I'll have a bit more research to do if I do end up finding a model I like in the US. I know the Americans get the best automobile deals around. The price difference gets bigger and bigger up here for each model number you go up. I think I remember seeing the 7 series up here being $50,000 more compared to the US counterpart. That might still be worth it!
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      11-18-2011, 10:29 AM   #49
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It's an open thread to any open suggestions. I have had no particular one in interest so far, but want to get a feel for all the different models available in that price-range. I know some of you suggested to divide it and buy two cars for practicality, but the 3 sedan would become the daily driver, and I was hoping for more of a "weekend-esque" car, but being able to take it to the grocery store might also be a plus (maybe).

So far I've been thinking about:

Nissan GTR (might have to buy a coffin as well)
BMW F10 M5
2012 Benz CLS (Damn it looks so good!!)


Car that I actually WANT:

Audi R8
Maserati GT
Bentley Continental

But they're such impractical cars
When I had ~100K to spend on a car some years ago. I knew exactly what I wanted. I didn't need other folk's opinions to make my decision. If one is a car guy/gal, buying a "weekend" car is not about practicality, it is about passion.

$100K cars are not investments, the subsequent depreciation is wallet wrenching. If it isn't for the passion, why bother? I keep this quote handy when I start thinking seriously about a car purchase - just to keep myself honest.

Quote:
People buy cars they don’t need with money they don’t have to impress people they don’t like. - Martin Schwoerer
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      11-18-2011, 01:18 PM   #50
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Since you included so few criteria, I'm assuming you want an attention grabber that everyone will be comfortable sitting in. CLS 63 AMG, no question.
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      11-18-2011, 08:26 PM   #51
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Quote:
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Since you included so few criteria, I'm assuming you want an attention grabber that everyone will be comfortable sitting in. CLS 63 AMG, no question.
Pretty much this criteria! Something practical, stylish, supercar-esque, but won't look like a second consideration next to say, an Audi R8 or Maserati coupe. I think the M5 would have difficultly being on that level. But I think the CLS would be comfortable there. Plus I love that new overhaul Benz did on the 2012 version, wow!

But were thee any other suggestions guys?
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      11-18-2011, 08:36 PM   #52
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      11-18-2011, 08:49 PM   #53
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The S7 I guess (MY 2013). Isn't that supposed to be under $100k? I saw the pics of an A7 before I saw one in person and I thought it looked horrid. However, seeing one in person was totally different. I'm not a fan of much of the Audi exterior styling lately, but this one catches my attention. It's not as fast as the CLS AMG, but should be in your price range new, at least.
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      11-18-2011, 09:02 PM   #54
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The S7 I guess (MY 2013). Isn't that supposed to be under $100k? I saw the pics of an A7 before I saw one in person and I thought it looked horrid. However, seeing one in person was totally different. I'm not a fan of much of the Audi exterior styling lately, but this one catches my attention. It's not as fast as the CLS AMG, but should be in your price range new, at least.
I've seen these in person and the back-end is not my cup of tea, mmm... The front looks fabulous though! Does the S-version change anything noticeably on the back?
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      11-18-2011, 09:14 PM   #55
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I've seen these in person and the back-end is not my cup of tea, mmm... The front looks fabulous though! Does the S-version change anything noticeably on the back?
No, not as far as I can tell from the shots at Frankfurt.

It could really use a flush deck lid spoiler though. That's the only part of the car I don't like, that transition from the horizontal to vertical on the back end.
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      11-18-2011, 10:13 PM   #56
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No, not as far as I can tell from the shots at Frankfurt.

It could really use a flush deck lid spoiler though. That's the only part of the car I don't like, that transition from the horizontal to vertical on the back end.
+1. Thats exactly what bothers me about the car. Seems too, unfinished? I'm not sure that's the word. But there's something about it.
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      11-18-2011, 10:50 PM   #57
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Quote:
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Since you included so few criteria, I'm assuming you want an attention grabber that everyone will be comfortable sitting in. CLS 63 AMG, no question.
CLS63 AMG. I agree with many people in this thread.

One of best looking cars sold today.
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      11-19-2011, 02:14 AM   #58
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An S-Class. Nothing else.

Or a matte black G55 AMG or matte black Range Rover Supercharged.
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      11-19-2011, 02:47 AM   #59
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C63/cls 63 Amg!
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      11-19-2011, 07:14 PM   #60
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      11-19-2011, 07:21 PM   #61
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      11-19-2011, 07:24 PM   #62
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Anyone have inputs on the BMW 1M?

Just watched Clarkson's Powered Up and he said it's his favourite car.
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      11-19-2011, 07:30 PM   #63
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I'd without a doubt go with the 1000hp Hennessey Twin Turbo CTS-V

http://www.hennesseyperformance.com/v1000.html
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      11-19-2011, 07:33 PM   #64
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I'd without a doubt go with the 1000hp Hennessey Twin Turbo CTS-V

http://www.hennesseyperformance.com/v1000.html
Uhh... not my thing. But that's crazy having 1000hp in a Caddy
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