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    wayne1338's Avatar
    wayne1338 Posts: 1, Reputation: 1
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    #1

    Nov 29, 2008, 01:26 PM
    Canadian import taxes
    As a Canadian citizen, If I purchase a vehicle in the U.S. buy way of a trade in of my existing vehicle, will I pay GST + PST on the full purchase price or on the difference I pay?
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #2

    Nov 29, 2008, 01:47 PM

    You will pay duty and sales tax on your total purchase price. If you are thinking you are coming out with a good deal, not so, the duty you pay will take care of that.

    I am wondering though, why you want to trade in down there, why not sell here and buy there. It sure would be less complicated regarding title and ownership and licensing.

    I would suggest you call Ontario DMV if you do live in Ontario and find out exactly what a trade/purchase will entail south of the border.
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