Bringing a leased car from Canada to the US for a year?

[amberlynn 0]

Hi everyone, my husband had posted this in another forum but I think fellow Canadians may be able to help answer this better than anyone else. I apologize now if this question has already been answered on a previous thread.

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

Lease is due Sept. 09 I don't 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 Resident. 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.

[new orleans bound 0]

Hi everyone, my husband had posted this in another forum but I think fellow Canadians may be able to help answer this better than anyone else. I apologize now if this question has already been answered on a previous thread.

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

Lease is due Sept. 09 I don't 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 Resident. 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.

This might not help you because I have bought my carin the US and did not lease it. When I brought my US bought car into Canada while I waited for my paperwork, GMAC said to make payments on it. I know that GMAC Canada did not honour my waranity when I ran into problems with the car. Canadian customs didn't make me pay taxes on the car because it wasn't staying in the Country. I do know that some dealership don't like their cars to leave the provinces of lease let alone the country. A little suggestion. Maybe you can decide on a car you want to keep for 5 years. Trade in your current car and buy the other one. That way the car doesn't have to be returned when the lease is up.

[zyggy 9]

Nope...

Importing a leased car from Canada into the US would break the terms of the lease. Sorry... they will not give you permission to do it. You're either going to have to get rid of the car by having someone take over the lease or basically smuggle it over, drive it with Canadian plates until your lease expires and then drive it back to Canada to turn it back in. But somehow, I think CBP is going to catch onto that plan and won't let you import the car. Try leasebusters.com to see what you can do...

You're going to have to take some kind of a hit on this... and there is no easy way out. My wife had a leased car and we had to pay someone a significant amount of cash to take over the lease.

Edited March 24, 2008 by zyggy

[amberlynn 0]

Nope...

Importing a leased car from Canada into the US would break the terms of the lease. Sorry... they will not give you permission to do it. You're either going to have to get rid of the car by having someone take over the lease or basically smuggle it over, drive it with Canadian plates until your lease expires and then drive it back to Canada to turn it back in. But somehow, I think CBP is going to catch onto that plan and won't let you import the car. Try leasebusters.com to see what you can do...

You're going to have to take some kind of a hit on this... and there is no easy way out. My wife had a leased car and we had to pay someone a significant amount of cash to take over the lease.

Yeah, I didn't think it would be allowed but he wanted to make sure. He only has like 18 months left or something on the lease so he is going to see what kind of plan he can work out with the dealership to get out of the lease.

Thank you for your help