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Discussion Starter #1
Hey Guys.
My GTO was supposed to be shipped yesterday from Cape Canaveral,FL to Costa Rica. I put a low bill of sale value because of the huge amount of tax that you need to pay here. Got an email from the shipping company saying that my car has been seized. I really have no idea what happened, only thing I could think of is the BOS. I am not familiar with US laws and that's why I'm here to ask you guys. What does seizure really mean in the US and how should I solve it?

Thanks in advance.
 

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This sounds fishy to me. Like Ruk said, you need more information. Call the shipping company. If they can't tell you what steps you need to take, contact the US authorities: Florida police, etc. Document who you talk to and when. Keep positive.
 

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Maybe it's packed with contraband? ...or $100 bills?

Seriously, Keep us posted on what you find out.
 

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Hi there. From a legal standpoint, the US government would not likely seize the car unless there is something illegal with car, i.e. car is stolen property or car has contraband (drugs) in it. If you undervalued the car, the worst that could happen on that is you get a bill to pay the difference in taxes.

You definitely need to contact the shipping company to find out more information, such as who specifically seized it, what was the reason for the seizure and what steps, if any, can you take to rectify situation.
 

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luckily the markets down so fair market is lower than 5 years ago. Make sure they use fair market VS bluebook.
 

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If you get in the ballpark with a $25K or so estimate, they shouldn't hassle you. How far undervalued were you, if I may ask?
 

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Discussion Starter #11
I know this will sound ridiculous but I put 3k. Here you pay 79% tax of the price.. It is probably hard to imagine for you guys but here V6 Camaros are 60k. It is crazy.
Spoke to customs today and they told me to put $27400.00
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79%!!!...i woulda put 3,000 too, be cheaper to take it apart and ship it as parts then re-assemble it in Costa Rica...:eek:
 

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Discussion Starter #13
We will get it sorted out, saying it is a restoration project, very old with no replacements done etc. We will meet somewhere in the middle eventually I think/hope.

Will be the first GTO in Costa Rica, and normally with cars they don't know they don't put the crazy taxes. A guy imported a 93 Mclaren F1, CR customs didn't know it, only made the owner pay a few grand. Oh lord, if they would have known what that F1 was.. haha!

Still positive after all, excited to see the goat rolling down the streets!

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Wow, your import taxes are insane but I've heard this before.

The best advise I can give you is look at other GTO's listed in the USA for much cheaper and show them these cars as examples of prices. I would shoot for GTO's with an average price range you are comfortable with. Good luck!

And that is a stunner GTO BTW. Perhaps my favorite color combo, Black w/White interior. Nice find! :cheers
 
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