Hi,
I live in USA. I bought a car here in USA in 2013. I am planning to move to Canada. If in case I take my car with me, will I be charged any importing tax? I don't want to sell this car as I need to sell it for a loss of 15000 usd. I bought it for 25000 usd . Right now it's value is 10000 USD only. Please advice. What is the best option for me?
I live in USA. I bought a car here in USA in 2013. I am planning to move to Canada. If in case I take my car with me, will I be charged any importing tax? I don't want to sell this car as I need to sell it for a loss of 15000 usd. I bought it for 25000 usd . Right now it's value is 10000 USD only. Please advice. What is the best option for me?