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Re: bmw interesting canadian Z8 story (archive)
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Posted by phill elenko on November 22, 2000 at 11:21:09:

In Reply to: Re: bmw interesting canadian Z8 story posted by Z8Mania on November 22, 2000 at 09:53:40:


You should get a good lawyer. First off it seems to me that your dealer mis advised you from an investment standpoint. Your car being Canadian would be considered "grey market" in the USA and the market for these cars is a little below sticker price, while for US certified cars is much higher. Second he should have known that as a non US car there would be some costs to convert it to US and he should have told you that also. Third, if youre the only buyer willing to buy a Z8, why was this dealer worried about losing his/her allocation? on this one maybe theres something Im not fully understanding.

If youve signed the non export agreement then,i seems to me your best option would be to find a Canadian buyer and sell for a profit, I think there arent that many Z8s in canada. Perhaps you should begin with other dealerships.

If you didnt, then it seems to me that you absolutely need to check the original sale contract and see if speaks to this situation. In my opinion, if it doesnt say anything about a non export agreement, I think you shouldnt have to sign it because you agreed to do something in return for their doing something. Now they want you to do something extra on top of pay.

good luck


I have a lawyer on staff and he has reviewed the file and can't believe what these guys are trying to pull. He believes a monkey could win this one. We havn't signed the non export agreement and our serial# and vin # we are told indicate this is a u.s . spec car. in any event I was prepared to take my chances on the investment grey market or not .

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