Importing vs. Buying a Car

Importing a Car

There is no import duty for non-residents importing foreign-made cars. For residents, the duty is 2.5% of the price for cars, and 1.5_2.9% (depending on cylinder capacity) for motorcycles. There is little point in importing your car to the United States, as the cost of buying a new one and selling it when you leave would certainly work out cheaper.

Buying a Car

Buying a new car can be a good deal cheaper in the States than in Europe. Many dealers will offer to take care of insurance, and finance in the form of a loan, but it would be advisable to arrange this for yourself - the dealer will be going to the same sort of bank or insurance company as you, and will be taking a commission himself.

Buying a used car comes with many attendant problems, not least that used car dealers are not the most trustworthy of individuals. Try to find a dealership outside the city limits to avoid city sales taxes. If you are buying privately, try to buy in a wealthy area: the car may cost more, but it will be in better condition. There is a publication called the Blue Book available at most bookstores, giving information on standard values for new and used cars.


Excerpted from Live & Work in the USA and Canada by Adam Lechmere and Susan Catto.
Copyright - Vacation Work 1999




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