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I should have pics by tomorrow or tuesday.
I found a broker over in Japan. He actually used to live here, and his parents own a repair shop here in town. He is an authorized dealer over there. So he hooks me up with access to the dealer-only auctions in Japan. We look over some cars, pick ones I think looks good.
Then he checks the auction data for problems, and we weed a few out. The ones that are remaining, he goes and looks at. Then we weed a few more out based on what he sees. After that we decide on what to bid.
This is the 3rd car I bid on. 1st was a 90 BMW 850I low miles. Got outbid. 2nd was an 89 944 NA. Perfect. original. 29,000KM. Got outbid. 3rd this 951. Nice shape, although the interior is not quite as nice as the NA. Got it for a good deal though.
After bidding on the car, there are lots of costs/fees involved to get it to canada.
The broker charges 90,000JPY (Approx $1K CDN). His fee includes:
- finding cars
- checking cars
- buying the cars and paying the auction fees
- All de-registration and export documentation
- shipping to the boat and loading.
(After buying the car, this above process can take up to 2 weeks)
Then there is the boat costs, roughly another $1000.
10-14 days later its in Vancouver.
Then at customs:
3-7 days.
$500ish brokerage fee.
7% GST
6.1% duty.
Then, load it onto a train or truck (Roughly another $500) for a 7-10 day ride out to Saskatoon.
Then when its here, it gets a safety inspection. (Roughly $100)
Then any repairs must be made before licnesing if required. (This car shouldnt need much, I budget $1K for inspection and repairs)
Then , in SK, they will collect PST when the car is licensed.
Even with all the fees, I should come out with a low-milage car that should cost me roughly 25% less than the asking price os any of the other turbo's out here with 100,000+ Km on them!
And if this works out, I will search for cars for friends and whatnot.... Take a small commision....
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