Quote:
Originally Posted by Gunter
Christian,
Many thanks for the detailed support on this subject.
I am considering a '95 Porsche from the US (Private sale) and like to fly there and then drive back to a border crossing in B.C.
Is this the sequence?:
I would ask the current owner beforehand to get a letter from an authorized Porsche Dealer confirming that there is no recall on the listed VIN number.
I can also get a Carfax confirming no lien and passing emission control.
I would get a Bill of Sale and the Title after paying for the car and would fax a copy of the title and Bill of Sale to the US Customs.
What other paperwork do I need before I show up at the border??
Please, comment on the above and how are the funds transfered?
How would you do the whole transaction?
What do I need?
Current owner says clear title, no liens.
Should he fax a copy of the title
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Bill of sale and the title is all that is required for the border.
I've taken cash (you must declare funds over $10,000 at the border) for some cars and used a bank transfer for others. If you use the bank transfer method take a copy of that paperwork with you. Note: certified cheques, traveler cheques are considered "funds" and must be declared.
Being a 95 (it depends on the month of manufacture) you won't have to go thru the RIV process. Example if the car was built in August and you import it in July it's less than 15 years old and is not exempt. So check the build date. It could save you some time and money.
If it was me, I'd fly down, inspect the car. If your happy with the car put a deposit on it. Get the owner to get the recall letter. Check the build date. Get his bank routing info. Copy of the title. Fly home, fax title to the US Customs Port your exporting thru, along with a letter stating your planning on exporting on a certain date. Have your bank wire his bank the ballance owed. Get temp insurance from your insurance company. Fly down and drive it home 72 hours after faxing US Customs.