Sue McGregor, managing director of Canada, IronPlanet, shares a few important things to keep in mind when making vehicle purchases across the border in the May 9 Issue of Equipment Journal, page A17.
As online auctions of used heavy equipment continue to increase in popularity as a preferred method for purchasing equipment, you want to stay on top of the requirements related to registration documents – especially if you are buying or selling across a border. Each country has different requirements. For example, if you’ve purchased a piece of used, on-road equipment outside of Canada, you understand the importance of a registration document, also known as a certificate of title or vehicle title in the U.S. This is a legal form that establishes a person or business as the owner of an item and accompanies the item as it transfers from the current owner to the new buyer. Here are a few important things to keep in mind when making vehicle purchases across the border.
