buying Canadian - SailNet Community

   Search Sailnet:

 forums  store  


Quick Menu
Forums           
Articles          
Galleries        
Boat Reviews  
Classifieds     
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Charts
Clothing
Electrical
Electronics
Engine
Hatches and Portlights
Interior And Galley
Maintenance
Marine Electronics
Navigation
Other Items
Plumbing and Pumps
Rigging
Safety
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here






Go Back   SailNet Community > On Board > Boat Review and Purchase Forum
 Not a Member? 


Reply
 
LinkBack Thread Tools
  #1  
Old 03-03-2009
Iroquois MkII
 
Join Date: Feb 2007
Location: Massachusetts
Posts: 241
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 8
LookingForCruiser is on a distinguished road
buying Canadian

Hi all,

So after a mere few years of nagging, my wife is giving in and letting me buy a sailboat. Yay for me!

Anyhow, we'll be taking a trip up to Canada in a few weeks to look at a couple of vessels. Should we decide to pull the trigger on one of those boats, I was wondering, anything special you need to do to buy a Canadian boat?

Oh, and I'm from the United States - Massachusetts in particular...
Reply With Quote Quick reply to this message Share with Facebook
  #2  
Old 03-03-2009
Senior Member
 
Join Date: Jul 2008
Location: chesapeake bay
Posts: 1,942
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 7
scottyt is on a distinguished road
okay, i would try to offer cash, american cash. that way they can try to get around any taxes if they have em. like 2 bills of sale one for you and one for them at 50 % of paid. or 50 % for both for your tax reasons. other wise i dont know
Reply With Quote Quick reply to this message Share with Facebook
  #3  
Old 03-03-2009
boatpoker's Avatar
Senior Member
 
Join Date: Jul 2008
Location: Toronto
Posts: 1,061
Thanks: 8
Thanked 25 Times in 24 Posts
Rep Power: 7
boatpoker is on a distinguished road
If the boat was built in North America you will only have to deal with your state taxes when you bring it home. If it was built outside of the NAFTA countries you will also have to deal with duty when you land stateside.
__________________
Dirt People Scare me
Reply With Quote Quick reply to this message Share with Facebook
  #4  
Old 03-03-2009
sailingdog's Avatar
Telstar 28
 
Join Date: Mar 2006
Location: New England
Posts: 43,291
Thanks: 0
Thanked 11 Times in 11 Posts
Rep Power: 13
sailingdog is just really nice sailingdog is just really nice sailingdog is just really nice sailingdog is just really nice sailingdog is just really nice
I believe what you're recommending is illegal in the US... having a falsified receipt for tax purposes is a very good way to become a federal overnight guest....

Quote:
Originally Posted by scottyt View Post
okay, i would try to offer cash, american cash. that way they can try to get around any taxes if they have em. like 2 bills of sale one for you and one for them at 50 % of paid. or 50 % for both for your tax reasons. other wise i dont know
__________________
Sailingdog

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Telstar 28
New England

You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.

—Cpt. Mal Reynolds, Serenity (edited)

If you're new to the Sailnet Forums... please read this
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
.

Still—DON'T READ THAT POST AGAIN.
Reply With Quote Quick reply to this message Share with Facebook
  #5  
Old 03-03-2009
Junior Member
 
Join Date: Feb 2009
Posts: 15
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
Jamiecdnboy is on a distinguished road
As a general rule--If you are buying any new goods in Canada it will be subject to a GST levy(Goods and Services Tax) of 5% on the purchase price. If new, you will have to pay it, but I think you can get a credit back, or a portion thereof, if you apply to the Canadian gov't when you return to your State. I am not sure if an import duty applies with your State but of course that would have to paid where applicable.

GST may not apply on used goods except where the used good is sold by a dealer. Check with the dealer at point of sale.

Of course, do not rely on my advice but check with our border/immigration people to confirm.
Reply With Quote Quick reply to this message Share with Facebook
  #6  
Old 03-03-2009
Senior Member
 
Join Date: Aug 2007
Location: NY
Posts: 2,245
Thanks: 1
Thanked 1 Time in 1 Post
Rep Power: 8
sck5 is on a distinguished road
boatpoker is write. Jamie is only right for Canadians. I shopped for boats in Canada (I live in NY) and the rules under NAFTA are that any boat that was ORIGINALLY built in a NAFTA country (which means Canada and the US since they are the only boat making countries in NAFTA) can be bought in either country and exported to the other tax free. But, as boatpoker says, you still have to pay your state tax and documentation costs, etc. when you bring the boat home to the US. The important thing is to make sure that the broker in Canada does the paperwork saying the boat is being sold as an export to the USA. The broker I was talking to had done this and said it was easy - and is what you need to be exempt from the GST and any provincial taxes that might apply. He also said that not all brokers were familiar with how to do this but it shouldnt be too hard to find one that could - he said any of the bigger brokerages would know all about it. Note that if the boat was originally produced in, say, Europe then other more complicated rules of origin apply and I have no idea how that works.
Reply With Quote Quick reply to this message Share with Facebook
  #7  
Old 03-03-2009
Vasco's Avatar
Warm Weather Sailor
 
Join Date: Sep 2006
Location: Toronto
Posts: 989
Thanks: 0
Thanked 6 Times in 6 Posts
Rep Power: 9
Vasco is on a distinguished road
Don't buy a Canadian boat. They are the worst built boats in the world. Leave them for the Canadians with their 79 cent dollar. Buy a good US built boat with 100 cent dollars.
__________________
Rick I
Toronto in summer, Bahamas in winter.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Quick reply to this message Share with Facebook
  #8  
Old 03-03-2009
boatpoker's Avatar
Senior Member
 
Join Date: Jul 2008
Location: Toronto
Posts: 1,061
Thanks: 8
Thanked 25 Times in 24 Posts
Rep Power: 7
boatpoker is on a distinguished road
Quote:
Originally Posted by Vasco View Post
Don't buy a Canadian boat. They are the worst built boats in the world. Leave them for the Canadians with their 79 cent dollar. Buy a good US built boat with 100 cent dollars.
From a guy with a Bendyteau
__________________
Dirt People Scare me
Reply With Quote Quick reply to this message Share with Facebook
  #9  
Old 03-04-2009
modul8's Avatar
99% landlubber, 1% sailor
 
Join Date: Oct 2008
Posts: 140
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 7
modul8 is on a distinguished road
Don't forget your toque, eh?
Reply With Quote Quick reply to this message Share with Facebook
  #10  
Old 03-04-2009
patrickrea's Avatar
Senior Member
 
Join Date: Aug 2007
Location: Toronto
Posts: 407
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 8
patrickrea is on a distinguished road
Does this mean Vasco is hunting for a new boat?
__________________
Patrick Rea

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

1978 30' Hughes Northstar 1000
1964 20' Bertram Moppie
Reply With Quote Quick reply to this message Share with Facebook
Reply

Quick Reply
Message:
Options

By choosing to post the reply above you agree to the rules you agreed to when joining Sailnet.
Click Here to view those rules.

Register Now

In order to be able to post messages on the SailNet Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Please note: After entering 3 characters a list of Usernames already in use will appear and the list will disappear once a valid Username is entered.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

 
Posting Rules
You may post new threads
You may post replies
You may post attachments
You may edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On


Similar Threads
Thread Thread Starter Forum Replies Last Post
The Joys and Pitfalls of Buying a New Boat - Part 1 Lin & Larry Pardey Buying a Boat Articles 25 08-02-2014 09:44 PM
Canadian buying US boat gottartb Boat Review and Purchase Forum 16 11-06-2008 09:38 AM
Canadian Buying Outboard for Dinghy in US? jonb General Discussion (sailing related) 7 11-17-2007 09:39 AM
Buying Canadian MArch Boat Review and Purchase Forum 6 11-24-2006 05:26 PM


All times are GMT -4. The time now is 03:11 AM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) Marine.com LLC 2000-2012

The SailNet.com store is owned and operated by a company independent of the SailNet.com forum. You are now leaving the SailNet forum. Click OK to continue or Cancel to return to the SailNet forum.