Gentlemen,
The canadian OSD program was explained extensively to me when we I was shopping around for my wife's XC. I was considering this, as I spend more than half my time in Europe. Actually, our OSD program is really for tourists spending a long period of time oversea and diplomatic/long term posting in Europe.
The main advantage is to save taxes by bringing a "used car" to Canada. The problem lies in the time your car need to be used outside Canada to give you a good tax break. The tax break given to me for using my car 3 months in europe before bringing it back here was around cdn$ 800 - not worth the risk of driving your brand new BIG car in the little streets of Paris...
The representative never discussed the fact that Volvo could pick up the bill for airfare and hotel. I guess that this is not necessary in view of the length of time needed to be spent oversea to geta good tax break, making ot worthwhile only for someone planning either a long term vacation or getting a post over the pond would be eligible for - in both cases something that is not just specific to getting a new car...


Reply With Quote
Bookmarks