There's almost a 20k difference in buying the same car from a dealer in this country than from the states...What would the tax be on a car bought in the states???

 

I don't know the #...but my friend bought his S2000 at the state...it do charge lower...but you have to do all the custom thing...

 

www.riv.ca

 

Interesting find.

 

When I moved here I investigated importing my 2003 G35 coupe (I moved in June '05), it would have cost about $7,000 so I sold it and just bought a car here.

I think with the dollar the way it is right now you would just about break even on a car under 50k USD, you might save a few thousand. If the dollar stays the way it is I am sure we'll start seeing Canadian prices on cars (and other items) price adjusted. Canadian sales of major items are suffering as a result of the 20-30% markup right now.

 

Wasn't there something about this a few years ago. American dealers were buying the cars here and then selling them down there. The Manufactures found out about this and then denied warranty claims on the cars.

I agree that with the dollar doing so well, we should see the prices come closer to par, but that's not happening!

 

MSRP in US is approx. $33,000 USD and in Canada, $47,000 CDN for base coupe.

With a 1.15 exchange rate, US car is about $38,000 CDN. Add in about $7,000 CDN to bring it in according to previous post, and it's about $45,000 CDN.

Assuming this is all before tax, not much of a savings is it? Probably not worth the hassle of going to the US and doing all the paperwork etc...

Unless...the $7k to bring it in includes tax then it's a good deal. Now you are comparing $45k versus $54k including tax.

Make sense?

 

The 7k does include tax. But the 7k firgure was based off the tax on my used car (an '03 in '05), so it was valued less than a new car. If my math is right it would cost about 10-11k to bring over a 35k usd car, making it 45k usd or 50k-ish CAD. So again, not much of a savings and you have to deal with the warranty issues.

As for the prices changing to reflect the current dollar - the last time there was a price adjustment was the 70s. It'll take a couple more years of 1.10% or less to have the prices adjust accordingly. Unfortunately right now we're just getting screwed.

 

Are we getting screwed or are the Americans getting away with a weak US dollar for now.

Isn't it CDN$ to Yen that needs to be compared b4 we see any change??

 

why yen? that's one of the most volatile currencies around. amazing... i actually remembered something from grad school!

 

ummmm Where are the cars made??

 

what we all need to do is buy mods that havent' been price adjusted due to the weak US $

 

Excellnt point and so obvious.

 

We're getting screwed. Car companies have always (well, since the 70s) imported to Canada based on a USx1.3-1.4 rate. The only car I know of currently imported at a lower rate than that is the M35/45.

 

when talking about exchange rates i was thinking of the theory of prices and arbitrage. that was one of the major problems in europe before the eu came into being. seems like this is now happening in the north american market for cars between canada and u.s.