Ferrari Purchased in Canada with US history | FerrariChat

Ferrari Purchased in Canada with US history

Discussion in 'Canada' started by Asthenis, Nov 6, 2023.

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  1. Asthenis

    Asthenis Karting

    Jan 20, 2023
    191
    Hello!

    I am interested in a beautiful F430 but it has a US history record, I know a lot of people won't care but some are picky for the Miles VS Km/h meter...
    Would this affect the value of the car long term or do you think this is a non issue thing ?
    thanks !
     
    Steve Heck likes this.
  2. ragtop1

    ragtop1 F1 Veteran
    Silver Subscribed

    Nov 11, 2006
    5,222
    Ontario
    Full Name:
    Larry Warren
    I wouldn't worry about it. You can perform the mph to kilometre per hour calculation in your head. As far as resale goes, the market is better in the US. Personally, I would say it's a non-issue.
    My '78 308 originated from California with a MPH speedo with Kilometers in smaller numbers inside the dial. Does the 430 speedo not have that duality?
     
    Asthenis likes this.
  3. Asthenis

    Asthenis Karting

    Jan 20, 2023
    191
    yes ! it has also the km in small numbers inside the dial too :) thanks for your advice !
     
    ragtop1 likes this.
  4. max930

    max930 Two Time F1 World Champ
    Silver Subscribed

    Apr 16, 2017
    23,803
    vancouver
    I think the Canadian market car being more valuable to Canadians was in the period the Americans had those dreadful automatic seatbelts and we didn't.
     
    ragtop1 likes this.
  5. godabitibi

    godabitibi F1 Veteran

    Jan 11, 2012
    6,329
    Papineauville, Quebec
    Full Name:
    Claude Laforest
    I think it depend on car and buyer. The Canadian testarossa had many differences. My car was sold to a Toronto collector who absolutely wanted a Canadian car.
     
    max930, ragtop1 and Asthenis like this.
  6. max930

    max930 Two Time F1 World Champ
    Silver Subscribed

    Apr 16, 2017
    23,803
    vancouver
    One big difference is no auto seatbelts and even some Americans prefer Euro and CDN because of that.
     
  7. samsaprunoff

    samsaprunoff F1 Rookie
    Silver Subscribed

    Jun 8, 2004
    4,402
    Edmonton, AB Canada
    Full Name:
    Sam Saprunoff
    Good day Asthenis,

    If the car is in the US and you wish to bring it into Canada, ensure you double check the production date to confirm whether or not you have to go through the Canadian RIV program. If you do, then download (from RIV) and check to see if the car is admissible and/or if it needs any changes in order to be imported into Canada.

    If the car is already registered in Canada, then no worries about my above comments.

    Cheers,

    Sam
     
  8. Nuvolari

    Nuvolari F1 Veteran
    Owner Silver Subscribed

    Sep 3, 2002
    6,604
    Toronto / SoCal
    Full Name:
    Rob C.
    An advantage to a US car is that the import taxes have already been paid in the US. This is useful because if you later want to sell it in the US that means the buyer will not need to pay those taxes making it a more attractive proposition.
     
  9. Steve Heck

    Steve Heck Formula Junior

    Nov 1, 2021
    262
    TO Canada
    Full Name:
    Steve Heck
    Morning all ...
    After some considerable research, as I am consdering selling my gated 360 to a couple of interested parties in the US.
    here is some valuable info ...

    It seams that US cars have speedo's both that show both Miles (big) and KM in small .... This makes the car easier to go across both ways.
    In Canada, we only have KM, and this is a BIG issue to go into the US. You will not be able to get the 'approval' letter from Ferrari NA to import a Canadian car into the US without changing the gauge cluster, and the US border will impound the car for 30 days on their side if the speedo isnt in Miles.
    All this IF the car is not 25 years of age yet ...

    On our side, you do NOT have to do any RIV if the car is 15 years or older ... so much better, so ANY car 15 years or older can be brought into the country, even kit cars.

    The BIG advantage of a US car is the US/Can $$ exchange .... if you have a US car you can easily sell the car back to the US without question and better $$.

    Hope this helps
    Cheers
    Steve
     
    g.bucciarelli likes this.
  10. cstorry

    cstorry Karting
    Owner Silver Subscribed

    Apr 28, 2005
    87
    Ottawa, Ontario
    Full Name:
    Chuck Storry
    Hi Steve

    Are you sure about kit cars? I would love to have a Stratos (or maybe a Lancia 037) replica/kit car but my understanding is that the 15 year exemption only applies to commercially produced and compliant in their location of manufacture market (i.e. unfortunately not kit cars).

    Chuck
     
  11. Steve Heck

    Steve Heck Formula Junior

    Nov 1, 2021
    262
    TO Canada
    Full Name:
    Steve Heck
    Chuck … here you go buddy, straight from the RIV website

    A kit car is not permitted entry unless it was assembled 15 years ago or more and the importer can submit proof of age, such as a registration document. The age of a kit car is determined by the date of assembly rather than the model year of the reproduction or the date of manufacture of a donor car. If in doubt, contact Transport Canada for a determination of the kit car’s admissibility.
     
    cstorry likes this.
  12. cstorry

    cstorry Karting
    Owner Silver Subscribed

    Apr 28, 2005
    87
    Ottawa, Ontario
    Full Name:
    Chuck Storry
    Thanks for the clarification. Unfortunately the kit cars I want are newer - I guess I'll just have to wait 15 years!
     
  13. g.bucciarelli

    g.bucciarelli Rookie

    Feb 8, 2020
    12
    Yes! I heard the same thing from the manager of the Montreal Dealership. Ferrari is now requesting to change the clusters. I did not know that is only for CAN to US and not the other way around!
     
  14. Nuvolari

    Nuvolari F1 Veteran
    Owner Silver Subscribed

    Sep 3, 2002
    6,604
    Toronto / SoCal
    Full Name:
    Rob C.
    For a vehicle that is 15 years of age or older Ferrari has no power to force you to make any changes like a KPH speedometer. The RIV rules are very clear on this and at 15 years the cars are well out of warranty so Ferrari can't really deny you anything by not having the market correct cluster.
     
  15. Steve Heck

    Steve Heck Formula Junior

    Nov 1, 2021
    262
    TO Canada
    Full Name:
    Steve Heck
    Canadian cars going into the USA ...the US RIV is 25 years, so you need the Approval Letter from Ferrari North America, and now they are strict on that letter and the dash being in MPH.

    Cheers
    Steve
     
    Nuvolari likes this.

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