Import car to Canada from USA or sell in USA and buy new in Canada

[Alay Shah]

Hello everyone,
Need some thoughts/opinions for question I have. I bought Mazda Cx5 2022 model last year. I am making a move work permit to Ottawa in couple of months. what would you prefer of below?

1. Sell car in USA (not taking a lot of hit surprisingly), buy new one in Canada and avoid the Hassel of exporting. But in this case I will pay more to purchase new car in Canada due to rising costs. Taking loan won't be issue as I might not end of taking a big loan.
2. Export car from USA, temporary import in Canada for now (so avoid on GST+Import+PST taxes), and when I get PR I do permanent import in Canada. On PR you pay no taxes. Correct if this assumption is not okay. Good thing is I have no taxes (assumption) and also no need to buy new Car as in option 1. Downside here will be I can't sell my car until I get PR as I will have to permanently import it once I get PR.
3. Export car from USA, permanent import in Canada (pay GST+Import+PST as I am on temporary visa, need to pay). Good thing here is I can sell my car in case if emergency arise, I don't pay hiked up price to buy new car as in option 1, and have car on Day 1 I arrive in Canada. Downside here will be I pay almost 19% taxes to import in Canada.

 

[BA101]

I would take up Option 3 if I were you. Good Luck

 

[bossofbees]

U r moving from USA to Canada?? Must be a lucrative salary or deal. Anyways, i would sell the car is US and buy in canada To avoid hassle. Used car prices here are very expensive in Canada right now. So you wont get a 2022 model for the same amount.

 

[sathish.inst]

I am also in the same boat now. If you already moved, can you please guide me with your experience. What you have done ? and is option 3 is applicable , even though you are on temporary visa?