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Old 06-08-2007, 01:50 PM   #1
JosephDoc
 
Drives: 07 Yaris 3D
Join Date: May 2007
Location: CA, USA
Posts: 264
I think it is not a legal issue when buying car with cash. It is more of a security issue since $10K in green is a lot of paper, and any normal business does not see this happen often (casino?).
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Old 02-08-2009, 09:16 AM   #2
GeneW
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Quote:
Originally Posted by JosephDoc View Post
I think it is not a legal issue when buying car with cash. It is more of a security issue since $10K in green is a lot of paper, and any normal business does not see this happen often (casino?).
Civil forfeiture laws can get you in a world of hurt if you carry large amounts of cash. The idea being that people who buy in cash got it through drug transactions.

Easier to make arrangements through a local bank known to the Canadian Dealer, who can then make the arrangements for a wire transfer.

I swear that the Civil Forfeiture crap was engineered to insure tax compliance. The IRS always wants their interests respected. Who can blame them, given how our Congress loves to spend money.

The certification process is irritating for sure....

"To be imported free of restriction, a motor vehicle less than 25 years old must be originally manufactured to comply with all applicable Federal motor vehicle safety standards (FMVSS) and bear a label certifying such compliance that is permanently affixed by the vehicle’s original manufacturer. A motor vehicle that bears a label certifying compliance with all applicable Canadian motor vehicle safety standards (CMVSS), but not with the FMVSS, can still be imported as a conforming motor vehicle under Box 2B on the HS-7 Declaration form to be presented to U.S. Customs and Border Protection (Customs) at the time of entry if the following requirements are met:



* The vehicle is being imported for personal use and not for resale;
* The vehicle is not a salvage vehicle, a repaired salvage vehicle, or a reconstructed vehicle;
* The importer obtains a letter from the vehicle’s original manufacturer, on the manufacturer’s letterhead (and not that of a franchised dealer), identifying the vehicle by vehicle identification number (VIN) and stating that the vehicle conforms to all applicable FMVSS except for the labeling requirements of Standards Nos. 101 Controls and Displays and 110 Tire Selection and Rims or 120 Tire Selection and Rims for Motor Vehicles other than Passenger Cars, and/or the specifications of Standard No. 108 Lamps, Reflective Devices, and Associated Equipment, relating to daytime running lamps.

Note: To be imported under Box 2B a motor vehicle must be certified by its original manufacturer as complying with all applicable CMVSS. Certain vehicles that are at least 15 years old that are not so certified can be imported into Canada without restriction. Such vehicles may not be imported into the United States under Box 2B."

Whole bunch of other stuff...... the bond requirements, if necessary, are probably not cheap.


http://204.68.195.250/cars/rules/imp...da01192007.htm


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