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Old 01-10-2016, 10:03 PM   #1
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Customs form shows CAD price in USD

I just looked at our customs form and it shows the Canadian price with 'USD @ 1.000000' beside it. Was this a mistake or is it normally done this way? Not sure how I convince the DMV that a CADUSD conversion rate needs to be applied against this. Did anyone else experience this?
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Old 01-10-2016, 11:23 PM   #2
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We used the bill of sale which showed the amounts we paid in US funds.
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Old 01-10-2016, 11:50 PM   #3
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Same here. They converted the total $CAD to the $U.S. equivalent on the day we did the registration. We told them what we had paid but they did not care. They used the total off of the paperwork.
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Old 01-11-2016, 11:17 AM   #4
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Ok we'll do that. We were told to take the customs form to the DMV but if the bill of sale works, we'll do that instead. Would love to get the exchange rate on the day we register as it has gone down about 5 cents since we paid for it!
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Old 01-11-2016, 01:05 PM   #5
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I'm thinking it's a mistake; definitely different than mine

Quote:
Originally Posted by Jill View Post
I just looked at our customs form and it shows the Canadian price with 'USD @ 1.000000' beside it. Was this a mistake or is it normally done this way? Not sure how I convince the DMV that a CADUSD conversion rate needs to be applied against this. Did anyone else experience this?
Ours, from late September, has "CAD @ 0.796242" - but even that wasn't the exchange rate we actually got when we paid in August (the Bill of Sale shows about $1000 US less, even though it also included the wheel chocks, broom, step rug and other items we purchased at ETI when we were there for orientation/pickup). That particular U.S. Customs form wasn't one of the few that my county's tax office worker was even interested in: he took the sales figure from the Bill of Sale.

Of course, California may be different.
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Old 01-11-2016, 02:26 PM   #6
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Ok we'll do that. We were told to take the customs form to the DMV but if the bill of sale works, we'll do that instead. Would love to get the exchange rate on the day we register as it has gone down about 5 cents since we paid for it!
Good ol' California DMV. ; Different stories at each office.

On our last trip to a DMV office (Ventura), we had with us the customs cert., signed/final bill of sale, and also a copy of our cancelled checks, and a printout from XE.com showing the exchange rate for each day that we paid something.
Our DMV person ended up using ETI's final bill of sale (probably the clearest document to read), wherein ETI's staff had indicated what we paid in Canadian dollars and what the US Dollar equivalent amount was on that date.

They shouldn't be using the exchange rate for the registration date, because the registration fees/taxes are based on what you actually paid.


Edit: Oh, Yeah. And be prepared: imported 'anything' now gets a review by an office manager, then all paperwork gets sent to the DMV state office in Sacramento. You get a temporary sticker for the back window of the tow vehicle.
We got our license plate and pink slip about 40 days later in the mail.
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Old 01-11-2016, 04:02 PM   #7
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All good information, especially on Ca. Don, Thanks for Posting!
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Old 01-11-2016, 04:38 PM   #8
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Ok we'll do that. We were told to take the customs form to the DMV but if the bill of sale works, we'll do that instead. Would love to get the exchange rate on the day we register as it has gone down about 5 cents since we paid for it!
Every DMV is different, but to be safe take every last piece of paper that you have on the trailer. Nothing like waiting 2 hours in line and then having to start all over. In our case, the bill of sale was used, but it was about a 45 minute battle. Loren
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Old 01-11-2016, 07:30 PM   #9
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Every DMV is different, but to be safe take every last piece of paper that you have on the trailer. Nothing like waiting 2 hours in line and then having to start all over. In our case, the bill of sale was used, but it was about a 45 minute battle. Loren
Good advice! I will take the customs form but not pull it out unless I have to, especially since it sounds like ours was a mistake (thanks Mary!). I will contact Escape to see if I can get a correction, just in case it becomes an issue.
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Old 01-24-2016, 03:13 PM   #10
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Just a quick followup on this. Even with an appointment my husband spent 90 minutes at the DMV getting our plates but it all went smoothly. They did look at the form that had the wrong USD amount but only to see the import date. They took the Canadian dollar amount from our build sheet and used the rate on that day (just over .70) to calculate our USD tax basis. Saved some money there!

And the funny thing was that a few people were interested in the trailer. One guy even waited 30 minutes for Kevin to finish with the DMV so he could get a peek at the inside! This trailer sure draws attention!
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