Since we live in the US, we found a good deal in Canada. The current exchange rate makes everything 21% off.
Where do you shop for a sailboat?
- Thread starter Drumvision
- Start date
is that duty free looks like some where in the transaction taxes will come into play ?
Cher Drumvision,
Being Canadian and Québécois, there are certain tax provisos...
1) Canadian vessel purchased in the USA and owned "in bond". There are no Canadian taxes to pay on purchase but there may be State or local usage taxes to pay to the State where the vessel is operated. The vessel may not be operated in Canada, you may obtain permission to store and maintain the boat during winter in Canada.
2) US vessel purchased in the US and imported to Canada: the US dollar is at a 25% premium, it costs 1.25$CDN for a 1.00$US, then you must pay GST and PST (TPS & TVQ) which comes out to 14.975%. Since one multiplies the other that equates to 143.7% So if a QC boat is 45,000$CDN it is the same price as a US boat at $31,315US!!!
3) US vessel purchased and used in US will have to be registered in Canada but held "in bond" in the US. See 1) for certain conditions.
The difference in $ values has not yet affected the Canadian market and the best deals are usually to be had in Canada except maybe around Lake Champlain because of the great US proportion of this lake. If buying a boat from Ontario, Have the sale declared in Québec thus avoiding the TVQ.
Soft water boats stored and covered for six or seven months of the year last longer and are usually in better shape than southern salties for obvious reasons.
So the questions are: will you use the boat only in the US or will you wish to sail the St-Lawrence, go to the Thousand Islands, see the Great Lakes, sail to Québec, the Saguenay, Gaspé, the Magdalens etc? Even if you wish to sail the US portion of Champlain it seems to me to be cheaper to buy Canadian and have your sailing options open.
There are very competend brokers tied in to some good new boat places... Marina Gosselin, Boulet Lemelin etc..
For more info do not hesitate to call me or maill through this site.
Pierre
450 436 6986
Being Canadian and Québécois, there are certain tax provisos...
1) Canadian vessel purchased in the USA and owned "in bond". There are no Canadian taxes to pay on purchase but there may be State or local usage taxes to pay to the State where the vessel is operated. The vessel may not be operated in Canada, you may obtain permission to store and maintain the boat during winter in Canada.
2) US vessel purchased in the US and imported to Canada: the US dollar is at a 25% premium, it costs 1.25$CDN for a 1.00$US, then you must pay GST and PST (TPS & TVQ) which comes out to 14.975%. Since one multiplies the other that equates to 143.7% So if a QC boat is 45,000$CDN it is the same price as a US boat at $31,315US!!!
3) US vessel purchased and used in US will have to be registered in Canada but held "in bond" in the US. See 1) for certain conditions.
The difference in $ values has not yet affected the Canadian market and the best deals are usually to be had in Canada except maybe around Lake Champlain because of the great US proportion of this lake. If buying a boat from Ontario, Have the sale declared in Québec thus avoiding the TVQ.
Soft water boats stored and covered for six or seven months of the year last longer and are usually in better shape than southern salties for obvious reasons.
So the questions are: will you use the boat only in the US or will you wish to sail the St-Lawrence, go to the Thousand Islands, see the Great Lakes, sail to Québec, the Saguenay, Gaspé, the Magdalens etc? Even if you wish to sail the US portion of Champlain it seems to me to be cheaper to buy Canadian and have your sailing options open.
There are very competend brokers tied in to some good new boat places... Marina Gosselin, Boulet Lemelin etc..
For more info do not hesitate to call me or maill through this site.
Pierre
450 436 6986
Thanks again!
I'm canadian but will sail in US Lake Champlain area. Dont mind buying a In Bound boat but would prefer having a canadian vessel.
For the reason mentionned in previous response, would prefer buying localy to avoid transportation fee's but also because its much easy to visit if its near. The other aspect is that I got no problem boating the Hudson river but dont feel quite confident with a ocean coastal cruising on a boat I would never had ride.
Looking for a 32 to 38 foot sailboat. not more than 35k USD.
It is defenately not the time to buy a US boat obviously because the exange rate...
I will try boat trader and craiglist... I had already tried CL in the past but did not give me any good hit....
Thanks again!
really appreciate!
I'm canadian but will sail in US Lake Champlain area. Dont mind buying a In Bound boat but would prefer having a canadian vessel.
For the reason mentionned in previous response, would prefer buying localy to avoid transportation fee's but also because its much easy to visit if its near. The other aspect is that I got no problem boating the Hudson river but dont feel quite confident with a ocean coastal cruising on a boat I would never had ride.
Looking for a 32 to 38 foot sailboat. not more than 35k USD.
It is defenately not the time to buy a US boat obviously because the exange rate...
I will try boat trader and craiglist... I had already tried CL in the past but did not give me any good hit....
Thanks again!
really appreciate!
I know someone mentioned to check college donation programs, you should also look into Maritime Museum type groups. One here on Chesapeake Bay takes donations, sells frequently and has a huge auction every summer.
I've used craislist mashups like jaxed, but not sure you'll find much for what you want.
http://boat.jaxed.com/cgi-bin/mash.cgi?itm=&fil=sailboat&pg=&loc=&q=sailboat
I would look into the local sailing and yacht clubs, if you tell them you're boat-less but looking, the word gets around fast. also try crewing, volunteering for races, socials, etc.
and yachtworld
http://boat.jaxed.com/cgi-bin/mash.cgi?itm=&fil=sailboat&pg=&loc=&q=sailboat
I would look into the local sailing and yacht clubs, if you tell them you're boat-less but looking, the word gets around fast. also try crewing, volunteering for races, socials, etc.
and yachtworld
craigslist!!!!!!!!
The only real problem selling a great boat for a great price on Craigslist is" professional trolls who work for car dealers and boat brokers and real estate brokerages". They flag great deals to get them pulled from craigslist. These people sit in dealerships and brokerage offices continually trying to remove real deals that compete with their products.
For example..... In 2011 my 79 year old neighbor lady wanted to sell her 3 year old beneteau 343 for less than 1/2 of the cost of new. 75 k. Fully loaded. Instruments. Warranties dinghy's etc. Boat was still in charter. Charter company was using the boat for sailing lessons and not paying her, the stole her 3 year old dinghy and outboard, I could not believe the number of people in the business screwing her over. We put the boat on craigslist to sell quick and it was flagged and removed over 600 times in the fist three weeks. Good thing I was unemployed with the time to help. Taught me how to keep and save multiple copies hidden till the were needed. Until I automated the process the were deleting the single listing 10 times an hour in some cases. I actually went to the brokerages and observed them flagging other peoples listings. 2 months later I observed it occurring when I was car shopping in the seatte area.
Now.
1). They would not be doing this unless it worked most of the time
2 ). They would not be doing this unless craigslist had frequent great deals.
Therein lies the problem. Unscrupulous a$$es that will do anything to stop you from your fair access to sell your stuff at a great price.
So.....you can use craigslist, however you have to be savvy. Good deals are frequently masked until the sellers get tired of dealing with the a$$es.
This site sailboat owners, hunter owners etc. Is an extremely fair site for listing.....I am not sure about Phil's feeling about mentioning his direct competitors on the site. So I won't...but they might be found with an internet search.
Phil keeps a very handy site here with all of his archived content. Listings help pay for that. Craigslist contains items people no longer want and are willing to deal. Good luck
The only real problem selling a great boat for a great price on Craigslist is" professional trolls who work for car dealers and boat brokers and real estate brokerages". They flag great deals to get them pulled from craigslist. These people sit in dealerships and brokerage offices continually trying to remove real deals that compete with their products.
For example..... In 2011 my 79 year old neighbor lady wanted to sell her 3 year old beneteau 343 for less than 1/2 of the cost of new. 75 k. Fully loaded. Instruments. Warranties dinghy's etc. Boat was still in charter. Charter company was using the boat for sailing lessons and not paying her, the stole her 3 year old dinghy and outboard, I could not believe the number of people in the business screwing her over. We put the boat on craigslist to sell quick and it was flagged and removed over 600 times in the fist three weeks. Good thing I was unemployed with the time to help. Taught me how to keep and save multiple copies hidden till the were needed. Until I automated the process the were deleting the single listing 10 times an hour in some cases. I actually went to the brokerages and observed them flagging other peoples listings. 2 months later I observed it occurring when I was car shopping in the seatte area.
Now.
1). They would not be doing this unless it worked most of the time
2 ). They would not be doing this unless craigslist had frequent great deals.
Therein lies the problem. Unscrupulous a$$es that will do anything to stop you from your fair access to sell your stuff at a great price.
So.....you can use craigslist, however you have to be savvy. Good deals are frequently masked until the sellers get tired of dealing with the a$$es.
This site sailboat owners, hunter owners etc. Is an extremely fair site for listing.....I am not sure about Phil's feeling about mentioning his direct competitors on the site. So I won't...but they might be found with an internet search.
Phil keeps a very handy site here with all of his archived content. Listings help pay for that. Craigslist contains items people no longer want and are willing to deal. Good luck
I live in Ont Canada and bought my first boat from Ohio. It was a US boat that I imported. I paid $40 to import it and the provincial tax at the border. When you register it you pay the Federal tax and there register fee. (I can't remember what it was... $29 rings a bell but don't quote me.)
Get a separate receipt for the trailer. $1 worked for me.
I found the boat on Craigslist before I knew about jaxed.com. (The right side of the page is Craigslist adds.)
Our $ is in the toilet right now so you may find a better price in Canada.
One way to find deals is in the fall. Contact the seller just to get their contact info and wait until March... Price they will take will probably be much lower and it's probably not advertised so no competition for it. Spring means marina fees!
Get a separate receipt for the trailer. $1 worked for me.
I found the boat on Craigslist before I knew about jaxed.com. (The right side of the page is Craigslist adds.)
Our $ is in the toilet right now so you may find a better price in Canada.
One way to find deals is in the fall. Contact the seller just to get their contact info and wait until March... Price they will take will probably be much lower and it's probably not advertised so no competition for it. Spring means marina fees!