Quote:
Originally Posted by tyrewt
You're still looking at $37,000 CDN (US Tax/GST/PST/Duties/Exchange rate) once all is said and done!
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Hold on a second... I'm not understanding your mathematics here so let me try to break it up:
Car price in USD: $25,000
Exchange rate: 0.96
Car price in CDN: $26,041
Import duty(6.1%): $1,588
Excise tax: $100
---------------------------
Total before taxes: $27,729
GST: $1,386
PST: $2,091
=====================
Total after taxes: $31,206
If you look closely, you'll see I've been very conservative w/ virk007's scenario. I took the higher value even though he said $24,000 - $25,000. I also took an exchange rate of 0.96 when I'm sure he can probably do better right now.
How do you get $37,000?
The only thing I didn't add in there is the $205 RIV fee and the costs of transporting the car up, if any.