Anyone can now import cars from Japan into Canada. Due to its reputation of low cost and high quality goods, vehicles from Japan are selling like hot cakes. Make sure to do all the possible research and background check before importing a car. Here is how to do the deal.
In as much as you would like to deal to be done and over it, always be vigilant in making any purchase. Just a like saying goes, ‘Caveat Emptor’ which means ‘let the buyer beware. To prevent hassles in your car purchase, do research to save your hard earned cash.
There is a lot of real estate to cover to deliver you vehicle. And there are also a lot of documents to be filed since there are two countries involved.
Canada has strict regulations on importing cars from any country of origin. The rule states that if a car is under 15 years of age, it cannot arrive to its destination. No need to fret since cars from Japan maintains a very good condition. To import cars from Japan into Canada, you simply have to abide by the same policy. Check out the agencies involved in importing goods and follow all the requirements.
For a fee, you can hire a broker who could deal with necessary clearances. Your car will have to go through customs, be under import levies, and undergo inspection. Do not forget the registration and bill of sale of your vehicle for it will establish the identity of your new car.
Importing cars from Japan into Canada gives huge savings. Aside from plenty of options from different car auctions, you can cut the cost of a new purchase by 30 percent. Once it reaches its new destination however, make sure to check the market for the most reasonable insurance premium. Companies tend to double and sometimes triple the premium since you have an imported vehicle.
Above everything else, anticipate and prepare a budget to import a car from Japan into Canada. The list includes freight forwarding charges, licensing fees, local and overseas payments, etc. A recommended way of paying for your new car is using a credit card.
For customs information about importing cars from Japan into Canada, visit my blog. You can also check out www.epoi.com to know more on how to buys cars from Japan’s online auction. Lastly, The Japan Used Motor Vehicle Exports Association provides an accredited list of car dealers.