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If you acquired your Porsche outside Canada, your vehicle must be inspected
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True. At any Canadian Tire location. They're contracted with RIV, and are the only people who can sign off on the RIV form. Not a Porsche dealership or anyone else. Only Canadian Tire.
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and modified to meet Canadian safety requirements within 45 days of its arrival in Canada.
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True. It will need daytime running lights definitely (can be performed by any mechanic/shop you trust with your car, or can be done by yourself, if you're comfortable doing the work - just google DIY daytime running lights Porsche) and may also require child seat tethers and french airbag stickers. Nobody yet (to my knowledge) has had to modify anything else on a US car. (i.e. bumpers are identical and meet CDN restrictions)
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Only your authorized Porsche Dealer in Canada can provide you with the documentation required for government authorities after performing these required modification and inspection steps.
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True, but very misleading in its wording. You will need a recall clearance letter from an authorized Porsche dealership, however that doesn't have to be one in Canada, and you'll likely have much more luck getting a recall clearance letter at a reasonable price from a US dealership. If you have the PPI done at an authorized dealership in the states, ask them to throw in the recall letter as part of the package.
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The MSRP for the inspection and compliance confirmation services is $500. Other services, including modifications, may give rise to additional charges.
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MSRP my ass. Typical charges at a CDN dealership are $1500-$4000, depending on how much of an ********* they feel like being.