Trading cars,How does it work??

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XXXGoldL34M20 · #1 03-31-2015, 03:20 PM

I have never traded a car before, I currently have a car for sale and I have gotten two trade offers for it. I am in Canada and the two trades are in the USA.
My question to you guys is, when you trade for trade a car what is involved in the payment of Duties or Taxes if any?
I have never done this before and I am not really comfortable with doing this anyways.
Has anyone done a USA To Canada Trade?
Let me know what is involved as far as payments or paper work.

**Canuck** · #2 03-31-2015, 04:34 PM

I have not done a trade, shipping your car into the US is no big deal, the buyer will be responsible for registration in his/her state and deal with their own tax situation.If the tranaction took place on Canadian soil you might stand a chance of it being considered a trade.
I am guessing here but I feel pretty sure Canada Revenue agency will want their GST on the full value of what the car your purchasing. As the transactions will not be simultanious. Best call a custome broker and see if they can shed some light

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