Car Prices - Canada Vs U.s. - Some Examples

[CanadaCraig]

Hi Guys!! :)

I hope you're OK.

Here are just some examples of how much MORE cars cost in Canada than they do in the U.S. [in spite of the fact that the Canadian dollar is worth more than the U.S. dollar]

2008 Chrysler 300C - $45,195 in Canada + $1,200 for Shipping and Handling

Same car in the U.S. is $36,070 + $675 for Shipping and handling.

That's a $9,125 difference in price. Plus $525 more for Shipping and Handling.

2008 Chrysler 300C SRT8 - $52,695 in Canada + $1,200 for S&H

Same car in the U.S. is $44,223.

That's an $8,470 difference in price. And the 300's are MADE IN CANADA!!

2008 Honda Accord EX-L Navi Coupe 6-speed $38,290 in Canada + $1,360 for S&H

Same car in the U.S. is $31,145 + $635 S&H

That's a $7,145 difference in price. Plus $725 more for S&H

2008 Honda Accord LX 5-speed Manual - $25,090 in Canada + $1,360 for S&H

Same car in the U.S. is $20,995 + 635 S&H U.S.

That's a $4,095 difference in price.

2007 Honda Civic Si Coupe - $26,380 in Canada + $1,275 for S&H

Same car in the U.S. is $21,745 + 635 S&H U.S

That's a price difference of $4,635. Plus $640 more for S&H

2008 Lexus LS600hL - $132,000 in Canada + $1,775 for S&H

Same car in the U.S. is $104,765 + $765 S&H U.S.

That's a $27,265 difference in price. Plus $1,010 more for S&H

2008 Lexus LS460 - $86,500 in Canada + $1,775 for S&H

Same car in the U.S. is $62,265 + $765 S&H U.S.

That's a $24,235 difference in price.

2008 Lexus ES350 - $42,900 in Canada + $1,775 for S&H

Same car in the U.S. is $34,485 + 765 S&H U.S.

That's an $8,415 difference in price.

2008 Toyota Camry XLE V6 - $37,525 in Canada + $1,240 for S&H

Same car in the U.S. is $28,780 + 660 S&H U.S

That's an $8,745 difference in price. Plus $580 more for S&H

2008 Toyota Camry LE - $25,900 in Canada + $1,240 for S&H

Same car in the U.S. is $20,685 + $660 S&H U.S.

That's a $5,215 difference in price.

2008 Toyota Corolla LE 'auto' - $21,900 in Canada + $1,140 for S&H

Same car in the U.S. is $17,075 + $660 S&H U.S.

That's a $4,825 difference in price.

2008 Subaru Impreza WRX Sedan - $33,895 in Canada + $1,495 for S&H

Same car in the U.S. is $24,995 + $645 S&H U.S.

That's an $8,900 difference in price. Plus $850 more for S&H

2008 Dodge Viper Coupe - $98,600 in Canada

Same car in the U.S. is $86,496 U.S.

That's a $12,104 difference in price.

2007 Chevrolet Corvette Z06 - $95,605 in Canada + $1,420 for S&H

Same car in the U.S. is $71,000 + $825 S&H U.S.

That's a $24,605 difference in price. Plus $595 more for S&H

2007 Chevrolet Corvette Base 'Manual' - $68,565 in Canada + $1,420 for S&H

Same car in the U.S is $46,110 + $825 S&H U.S.

That's a $22,455 difference in price.

2007 Porsche 911 Turbo - $170,700 in Canada + $1,045 for S&H [Porsche lowered 2008 prices by 10%]

Same car in the U.S. is $123,760 + 860 S&H U.S.

That's a price difference of $46,940. Plus $185 more for S&H

[NOTE: Porsche has lowered its prices in Canada by 10% for 2008 - but that still leaves a HUGE price difference]

Craig!! :)

[Rx330driver]

at least lexus of canada is giving all 2008 models free maitenance...lol

[smooth1]

Hasen't it been this way for years? When I lived in Wisconsin, The Canadians would come down in droves to buy there cars and take them back. Apparently whatever penalty or tax or whatever is still cheaper than buying it there. Especially when you consider there is a 17% tax on top of the prices you have listed there, Right?

[nc211]

Canadian borrowers are also benfitting from the rate swaps too. Borrowing $50m in Canada from a US lender, through the rate swap conversions, is quite beneficial to the Canadians these days too.

And, with the dollar so low now, some of you might be seeing hotel prices going through the roof..... you can thank all the foreign tourists who are now coming over on vacation, because we're affordable now. Good for the country, bad for us locals. Especially in Boston.... Stayed there on business two weeks ago, at $500 a night in a hotel that was only $269 in the spring.

[Magnus357]

I imagine that we'll see a price hike in the near future here in the states.

Does Lexus produce some cars here? Some other foreign companies do that to reduce their exposure to currency changes.

[nc211]

Actually, the foreign automakers usually make cars here to get tax breaks on tarriffs, and several communities actually give the land to the automaker and waive taxes on it so the company will bring operations to their community, which in turn pumps up employment, which in turn spins the wheel of fortune for homes, taxes, businesses, etc.. The currency risks are managed by hedge bets and futures within the financial markets... those same methods that are driving up gas prices, because the boys on wallstreet are pimping-out the conflict "unstability" in the mideast by !Removed! around with the oil futures.

Mark my words, the days of big oil profits will colapse. I don't believe for one second the supply v. demand motive for these prices. Demand might be up, but not that much to create such a rampid uptick in prices. It's like the dot-com stuff back in the 90's, which popped in 2000. Those who get stuck holding future buy requirements of oil at $90 a barrell, will get crushed when the market finally looses it's taste for oil, and it falls back to earth. My prediction? Right around November, 2008....aka...election time.

[myronl]

Here are some good examples of used Lexus prices here in the states:

http://www.pricehub.com/price/Lexus/RX330

http://www.pricehub.com/price/Lexus/SC300

http://www.pricehub.com/price/Lexus/LX470

http://www.pricehub.com/price/Lexus/IS250

http://www.pricehub.com/price/Lexus/IS350

[GTUnit]

thats ridiculous. How do they justify such obscene differences

[nc211]

thats ridiculous. How do they justify such obscene differences

Are you talking about in Canada? If so, one word....Taxes. Canada is an expensive place to live, especially the Toronto area. Ever wonder how they have that healthcare system up there? Taxes Bubba, taxes, on everything. I was at the Canadian Open last July in Toronto, sponsored by BMW, and out front were two BMW's, a 6 series and a z4. The 6 series was $40k higher than the ones here "I was at the local BMW shop three days earlier looking at a used 5 series". I was stunned, and was informed by a local accountant standing next to me, that it's all in taxes. And, Canada in general is implementing steps to prevent Canadians from coming across the boarder to buy their cars now. If you live in Canada, and try to bring in a new car from the states, they'll block it at customs, or hit you with a difference tax.

[Komail]

Alot of people buy Corvetts in Michigan and take them to Canada, because its alot cheaper to buy the Vette in the States...alot of duties to pay when importing though...Also some dealerships in Michigan wont sell to Canadiens because it voids warranties and there is some clause or something like that...

Also many Canadiens, go to Texas to buy big SUV's