Purchasing a truck from Canada

Discussion in 'Business Tips and Taxes' started by Neil Stratton, Jul 8, 2017.

  1. Neil Stratton

    Neil Stratton New Recruit Researching

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    Hey guys,

    I'm jumping from a pickup a trailer to a straight truck for our business. I found a Volvo truck with a 24' box that seems like it would work perfect for us.

    The only problem is it is in Canada. The price is right, but I am concerned with import duties and taxes.

    The information I found relates to imports duties of 25%. But I am not clear if this applies to this Volvo that was manufactured in the US.

    The US dollar is strong and bringing down the Canadian prices. But if I am wasting money with import duties of 25%, it may not be worth it.

    Does anyone have real world experiences for buying CMVs from Canada? What other issues am I facing ahead if I make this purchase?

    Any helpful input would greatly be appreciated.
     
    Last edited: Jul 8, 2017
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