alexl911

Ok, after living in Europe for the last eight years it looks like I will be moving back to Canada in the next six months and I can't decide what to do with my pride and joy. I've owned the car of over six years and has given me nothing but joy. I've 'invested' loads on money into it (see my signature) thinking that I would remain in Europe for a least another five years but as with most things in life, the only constant is change.

So, the questions is, do I take it back to North America, or sell it? My head says I should sell it since prices in Germany for air cooled cars are very strong and I could easily get 35-40K euro ($45-50k USD) for it, which would leave me plenty of cash to buy an even nicer 964/993 in the U.S.

But, I could also store it in Germany and wait (gamble) on prices to continue to go even higher? But, this would mean that I would have to wait until additional funds built up in order to buy another car in Canada. Perhaps I could enjoy it once a year in when I'm over in Germany.

The car has 108K Kms and is in very good mechanical and cosmetic condition. But it's a driver and not a show car! Since it's a basic C2 I doubt it will ever be highly collectable but good ones in nice color combinations are getting harder to find.

Naturally, I am a bit emotional attached to the car as it's my first Porsche but I'm trying not to let this be a major influence!

Decisions, decisions...

Coop

BRING IT HOME!!!!!!!!!!!!!!

Slow Guy

RHD or LHD?

CorrdoBrit

If speedo is showing km's its got to be LHD

Slow Guy

Ah, forgot about that. Thanks!

deadhead1960

If you were storing it on the thoughts/hopes that you would be returning to Germany, then I would recommend keeping it. However if you were storing it for a possible higher return, then sell it and buy something else in Canada/US.

gruppe75

I agree with this, if you can purchase better than you have then sell it.

CalvinC4S

Considering the market values, sell it and buy a better one for the same money.

TrackdayRSA.

Emotional attachment aside, you can buy yourself a C2 with similar mileage for between $30k and $40k Canadian once you are here. Combine that with overseas transport costs as well as any RIV requirements (not sure if there are any) and economically you are better off leaving the car there.

Best of luck with your move.

alexl911

Yes, the car is LHD. I bought it in Hamburg, Germany when I lived there. I now live in the U.K. Currently, the car is in storage in Germany. I did not want to import it into the U.K. as it would hurt its resale value in Germany.

I do plan on returning to Germany at some point to live part-time but it will be at least 10years before that can happen.

For sure, economically it makes sense to sell it. In fact, a good question is would a German market car be worth less (or more) in U.S./Canada???

At least it already has the euro nose!

CamsPorsche

Sell it. You can easily ship it for around $2k but you would have to pay duty and GST on declared value when the car comes into Canada.

Its like a Welcome Back gift from Canada to you.

trophy

Not necessarily, Australian and NZ cars are RHD and KM.....

alexl911

Really? I thought this only applied to cars which your importing for re-sale. I've owned the car for 6 years -you think I would still have to pay duty and taxes in Canada? I believe that as long as I don't sell it in Canada within a designated time I don't have to pay tax.

geordie

It is my understanding that "personal property" is generally exempt from taxes/import duty, if you can prove that it has been owned for a specified period.

I would have thought contemporary (and historic) vehicle registration and insurance documentation should be enough to satisfy Border Control that you are not a import trader interested only in profit and tax/duty evasion.

Whilst you will likely find a willing buyer in Germany you might also consider that you will be giving up a ROW G50/21, ECU and associated goodies that you have fitted.

I understand original Canadian delivered 993's are ROW spec but you may want to check current pricing etc to compare. I'm sure Canadian Rennlister's would be invaluable re the current market/availability.

NC TRACKRAT

IMHO, if you add up what you paid for the car plus what you've put into it and can still sell it for more, then do so. You'll have cash in your pocket which will purchase a newer car with less mileage. I don't know about Canada but I don't believe you would be able to bring that new a car into the U.S. without passing EPA/DOT requirements.