LEASED CAR?

[amberlynn 0]

Hello all!!! I'm Laurent spouse of Amber-Lynn and I need your help. Many Thanks in advance.

Lease is due Sept. 09 I dont wanna buy it, I cant return it (too expensive) or cant sell it for that matter because buy back+(18 month @ 350) is to much!!!

So GMAC Canada tells me I can take the car to the USA only for 180 days but the car has to be back here for 1 month and so and so...

This is the answer from US CUSTOMS :

You may temporarily import the car; however, it cannot be reimported after the 1 year temporary import expires. Please se the following:

Question:

Temporarily importing a vehicle, car or engine into the U.S.

Answer:

Vehicles and engines imported into the U.S. temporarily may be eligible for an exemption from complying with Federal emission requirements. Generally vehicles are imported temporarily for the following purposes: for repair or alteration, display, testing, imported by a diplomat or foreign military member or nonresidents.

Generally, a Customs bond is posted for vehicles temporarily imported for repair or alterations, display, and testing purposes. The importer must file a temporary importation under bond (TIB)entry with CBP. A bond is usually required for vehicles that are shipped.

When a vehicle accompanies a traveler crossing the border a bond generally is not required. However, a CBP officer can require the importer to post a bond. You can obtain a Customs bond from a surety company. A list of sureties is available on the Treasury web site under publications, circular 570.

Generally, diplomats, foreign military, and nonresidents temporarily importing a vehicle through a land border do not have to file a Customs bond. However, a CBP officer has the authority to request a bond be filed.

Approval to temporarily import a vehicle is not required from EPA or DOT, however the forms 3520-1 and HS-7 should be filed and submitted to CBP. Ensure you check the appropriate box when filling out the 3520-1, and indicate the appropriate code for temporary imports in block 9 on the form HS-7. Vehicles or engines temporarily imported for the above purposes, must be exported or destroyed within 1 year. They can only remain in the U.S. if an entry is filed with U.S. Customs and Border Protection and duty is paid. These vehicles must conform to U.S. emission and safety standards to be cleared through CBP and to be registered in your state by the Department of Motor Vehicles.

The problem is, I will be a Permanent Residant. Anyone had to go through with this? any suggestions?

I'm waiting for a reply from CBP CUSTOMS web help and will let you guys know about it.

Thanks alot for reading.

[athena_ny 1]

Hello all!!! I'm Laurent spouse of Amber-Lynn and I need your help. Many Thanks in advance.

Lease is due Sept. 09 I dont wanna buy it, I cant return it (too expensive) or cant sell it for that matter because buy back+(18 month @ 350) is to much!!!

So GMAC Canada tells me I can take the car to the USA only for 180 days but the car has to be back here for 1 month and so and so...

This is the answer from US CUSTOMS :

You may temporarily import the car; however, it cannot be reimported after the 1 year temporary import expires. Please se the following:

Question:

Temporarily importing a vehicle, car or engine into the U.S.

Answer:

Vehicles and engines imported into the U.S. temporarily may be eligible for an exemption from complying with Federal emission requirements. Generally vehicles are imported temporarily for the following purposes: for repair or alteration, display, testing, imported by a diplomat or foreign military member or nonresidents.

Generally, a Customs bond is posted for vehicles temporarily imported for repair or alterations, display, and testing purposes. The importer must file a temporary importation under bond (TIB)entry with CBP. A bond is usually required for vehicles that are shipped.

When a vehicle accompanies a traveler crossing the border a bond generally is not required. However, a CBP officer can require the importer to post a bond. You can obtain a Customs bond from a surety company. A list of sureties is available on the Treasury web site under publications, circular 570.

Generally, diplomats, foreign military, and nonresidents temporarily importing a vehicle through a land border do not have to file a Customs bond. However, a CBP officer has the authority to request a bond be filed.

Approval to temporarily import a vehicle is not required from EPA or DOT, however the forms 3520-1 and HS-7 should be filed and submitted to CBP. Ensure you check the appropriate box when filling out the 3520-1, and indicate the appropriate code for temporary imports in block 9 on the form HS-7. Vehicles or engines temporarily imported for the above purposes, must be exported or destroyed within 1 year. They can only remain in the U.S. if an entry is filed with U.S. Customs and Border Protection and duty is paid. These vehicles must conform to U.S. emission and safety standards to be cleared through CBP and to be registered in your state by the Department of Motor Vehicles.

The problem is, I will be a Permanent Residant. Anyone had to go through with this? any suggestions?

I'm waiting for a reply from CBP CUSTOMS web help and will let you guys know about it.

Thanks alot for reading.

Well, when are you moving?

[amberlynn 0]

I should be moving mid May 08 if all goes well at the interview.

[athena_ny 1]

I should be moving mid May 08 if all goes well at the interview.

Okay, well - if you can only keep it out of Canada for a year, bring it over for a year, then find a way to get it back to Canada when the year is up. Easier said than done, but I wouldn't want to get in trouble with US or Canadian customs. To have the foresight to not sign the lease would have been wonderful, but it's too later for woulda coulda shoulda. Do you have someone (parents, etc) who can deal with the car when it comes time to turn it in?

I'd say delay your move if you were thinking August or July, but delaying 4 months is a little much.