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WILLZ.CA |
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| EUROPEAN PERFORMANCE PRODUCTS | ||
| Toronto, Ontario, Canada |
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Wholesale Auction Vehicle Brokerage Services
Broking FeesWhat is your fee? We charge a 5% fee, the Buyers Premium Fee, on every vehicle we source for our clients. It is applied to the wholesale purchase price we pay for a vehicle.
Are there hidden fees? No. We are 100% transparent. We show you the auction price and historical price averages for Canada and the US. We will inform you of any duty, transport, and other government and manufacturer fees, taxes, plating, or registration fees, in advance of your purchase. You will never pay for anything you were not informed of prior to your purchase. Some charges we cannot predict or estimate and may arise subject to a government mandated smog or safety inspection. Should your vehicle need tires, brakes, catalytic converters, light bulbs, etc., we will advise you of your cost options and we will ask for your permission to proceed with repairs, as necessary.
Is there a delivery fee for my vehicle?
Is there a transportation fee? If a vehicle is sourced in Toronto, there is no transportation fee. However, if a vehicle is purchased in the US, in an area bounded by Chicago, Boston, and northern Virginia, there is a minimum $1000 cross-border transportation fee. From points further away, e.g. California, Arizona, Texas, Florida, we incur higher transport charges, up to $2000. For other locations, our transport fee is based on the distance travelled.
Will there be an import duty charge with my vehicle? There is no duty for a vehicle purchased in Canada. If a vehicle is purchased in the US, it may be subject to an import duty charge of 6.1%, based on the manufactured location (not the location of the parent company). If the vehicle was made in Japan or Germany, duty applies. However some vehicles, while made by a Japanese or German company, are built in North America (e.g. BMW X5, Mercedes Benz ML/GL-Klasse, Acura MDX, Toyota Sienna, Toyota Matrix), and are not subject to import duty. The first digit in Vehicle Identification Numbers (VIN) indicates the manufacturing locations.
Vehicles with 1st VIN numbers 1 through 5 are exempt from import duty under NAFTA agreements. See the importing information pages.
Is my vehicle subject to A/C excise tax? If a vehicle is purchased in Canada, there is no excise tax. All vehicles purchased in the US are subject to a $100 excise tax, if the vehicle has an air conditioner in it, functioning or not. See the importing information pages.
Is my vehicle subject to fuel-inefficiency excise tax? If your vehicle is purchased in Canada, there is no fuel-inefficiency tax. If your vehicle is an imported 2007 model year or earlier, there is no fuel-inefficiency tax. If it is an imported 2008 model year or newer and has an average weighted fuel consumption rating of 13 L / 100 km or less there is no fuel tax. If the vehicle is imported and is 2008 or newer and consumes more than 13 L / 100 km, then the inefficiency tax is payable in an amount between $1000 to $4000. We show some typical rates on 2010 vehicles:
See Canada Revenue Agency's 2010 excise tax on fuel-inefficient vehicles page.
What is the import fee? There isn't one if the vehicle is bought in Canada. If the vehicle is being imported from the USA, there is a $500 free to handle import papers, customs procedures, and the payment of taxes and duties. See the importing information pages.
What is the Federalisation charge? There isn't one if the vehicle is sourced in Canada. US imports must be brought into compliance with Canadian specifications. The Registrar of Imported Vehicles (RIV) charges a $195 entry fee on each vehicle. Some vehicles require onerous documents and physical changes for which we charge a fee to obtain and complete. For a BMW we charge a $500 fee. Most other vehicles are $100 or free of charge if they are generally already compliant. See the importing information pages.
What's my bottom line? There are many factors and costs that will affect your final price. These costs we outline for you in an electronic spreadsheet. We supply estimated figures for your desired vehicle. You may enter different auction purchase price values in the top row and a current CDN-US exchange rate (use 1.0 if buying a Canadian car). Enter any other appropriate taxes and services. Your final "in your driveway" price in calculated at the bottom of the spreadsheet. Request our spreadsheet Cost Estimate Calculator (Excel, version 2003, 45 KB).
Do I have to pay HST? On 1 July 2010, the provinces of Ontario and British Columbia joined the harmonized sales tax (HST) framework. The Canada Revenue Agency has created new guides to explain whether or not you have to pay tax when you register a motor vehicle in British Columbia, New Brunswick, Nova Scotia, Ontario, or Newfoundland and Labrador. http://www.cra-arc.gc.ca/E/pub/tg/rc4100/rc4100-e.html We may be required to collect HST depending on where and how your vehicle is purchased and how it is being shipped. This may in fact result in lower prices for consumers. http://www.cbc.ca/consumer/story/2009/12/18/ottawa-cars-hst-cheaper.html
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Page last edited on July 7, 2010.