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YOUR RESEARCHWhen will Porsche adjust their prices in Canada
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Adjust prices - i think
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Suggestion
When will they adjust prices - I think that as the C$ heads for par they will be forced to re-align their pricing - in fact it would be less traumatic if they started a gradual downward adjustment.
Leading evidence: 'Adjust prices - i think' (no explicit attributable resolution; this is a reported action or suggestion). Across 1 matching discussions, The most frequently discussed action is 'Adjust prices - i think' (1 discussions). For that action, 0 discussions report a resolution and 0 report an unsuccessful attempt. No action has an explicit, attributable resolution report under the current rules. These are forum reports and suggestions, not a confirmed diagnosis.
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Suggestion
If they adjust prices down to reflect the current exchange rate, they devalue every car they's sold in the last 8 years or so.
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Suggestion
Porsche Canada is in a great position, they sell out their allocation with virtually no discounting - so why would they adjust pricing to reflect the rise in CAD?
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Suggestion · Original poster
Someone asked about the original question which was "when will dealers in Canada adjust pricing"...the concensus seems to be "not now" anyway.
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Suggestion
Yea the Warrany is good world wide, not like i am taking my car to Italy or something, but they have to repair the car under warranty, I agree with Bob tho, they are not happy when they have to to it
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Adjust prices - i think
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Suggestion
When will they adjust prices - I think that as the C$ heads for par they will be forced to re-align their pricing - in fact it would be less traumatic if they started a gradual downward adjustment.
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Suggestion
Porsche Canada is in a great position, they sell out their allocation with virtually no discounting - so why would they adjust pricing to reflect the rise in CAD?
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Suggestion
Yea the Warrany is good world wide, not like i am taking my car to Italy or something, but they have to repair the car under warranty, I agree with Bob tho, they are not happy when they have to to it
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Suggestion · Original poster
I'm waiting to see what the 997 TT will be like....If they're too pricey I'll hunt down a 996 TT with low mileage in the US...do a search on the P-car used site...cheap, cheap, cheap....
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There is no difference in bringing in a new car versus a used car except for two situations:
Looking at the Porsche web-site it seems that for us Canadian, buying a car in the US is becoming a very good deal.
For a 997 4S Cab the site quotes : US$ 97,100 & CAD$ 142,200.
The CAD$ is trading at 1.1550 today (going to 1.1000 my bet).
US$ 97,100 * 1.1500 = CAD$ 111,665...a far cry from $142,200.
Gee whiz, with that price difference you can get a decent winter-beater with what you save.
Am I missing something ????
Porsche and we are screwed. If they adjust prices down to reflect the current exchange rate, they devalue every car they's sold in the last 8 years or so. Not likely to make the guy who bought a TT 2 years ago very happy.
The result is a lot of US cars coming in to Canada, many by the big auction houses who are selling them at attractive prices and making a bag full of money. This is not makng dealers happy.
They will not, and like you this really pisses me off, but one advantage is it does keep the car a little more exclusive then our friends to the south.
I'm waiting to see what the 997 TT will be like....If they're too pricey I'll hunt down a 996 TT with low mileage in the US...do a search on the P-car used site...cheap, cheap, cheap....
When I gave them the down payment, they told me Feb or Mar, Now they are telling me maybe Aug or Sept, I am in no real rush tho...I see a 997 S for my interim car.
Paul,
Porsche Canada is in a great position, they sell out their allocation with virtually no discounting - so why would they adjust pricing to reflect the rise in CAD?
Also, the "typical" Porsche owner or potential owner won't do the cross border equation.
I'm with you, there are great deals to be had south of the border. I was just looking at a '04 645 coupe from a dealer I know in Boston, works out to almost 20k cheaper than here in T.O.
Cheers.
Stan
Dell there is a few costs but nothing that kills the deal, there is a 6.1% duty fee at the border, a $245.00 admin fee, we need to pay the taxes which we need to do anyways, and last we need DRL working and our dash to be in KMS and not MPH, this is built right into our cars.It is a much better deal buying state side, but with that being said it is much harder to re-sell a US car over one that is a Native Canadian. I have to admit, we are in a much better position to sell our cars for more money, but the other side of the coin is we pay more. I thought about bringing a car in from the states and the truth is I just didn't have the time to fly down and go see it, even tho I know the same car here was selling for 20 K more.One hugh advantage the US has over us is the fact that you have way more cars to look at , making it much better to find the right car.Canada has around 7% the P-cars coming to NA. so yea The US has 93% of the cars.
The only catch is if you live in Canada and purchase a vehicle in the US the only place you can go for warranty work is a US dealer. Canadian dealers, apparently, won't provide the warranty. They will service the car, but not under warranty, as I understand it.
RR - I believe you are incorrect. Canadian dealers are REQUIRED to honor the US warranty. Not that they are happy about it, but they have no choice. On the other hand, local dealers tell me that US cars are serviced "end of the line" and loaners...fuggetabutitt!".
You can save money buying in the USA but, there's the cost to travel and examine the car (you may not like it), and certain protections available to Canadian Consumers are lost. For instance one local guy found out his bargain Boxster had been severely damaged and repaired. His recourse against the US seller was zilch.
As always, caveat emptor.
Yea the Warrany is good world wide, not like i am taking my car to Italy or something, but they have to repair the car under warranty, I agree with Bob tho, they are not happy when they have to to it
Socialism at its' finest. That what happens when the govt wants to provide social services to all. Each system has it's own problems and the good ole Republic to the south isn't without problems as well. We all need to just pack up and move to Grand Cayman or the Bahamas
Dude, if you don't like it, move to another country and you'll find out how good you had it. Why are you paid less than someone in another country? Sorry, but I don't buy it. What kind of work do you do? And aren't the taxes finally going to be reduced next year? I moved to the U.S. six years ago, and I'm moving back to Toronto next year. I pay almost as much taxes here as I did in Canada, but all my tax money goes to fighting a war that makes no sense. They don't spend tax money to repair roads (the roads here are much worse than Canadian roads, and they don't even have winter!) and forget about health care. You need to pay "up the wahzoo" (as you say) for health care that is NO BETTER then what we receive in Canada courtesy of the 'high taxes'.
Now, having said all that, I have been trying to sell my car for three months now, 'cause I figured I wouldn't really drive it in Toronto (especially in the winter) plus I don't want to pay any duty etc. I have someone just about committed to buying it for $34,500 later this week, but after reading this thread, I'm thinking maybe I can get more for it in Toronto. What do you guys think?
Guys, let's move the political rhetoric to the OT forum. Comments like Bob's are just plain hypocritical and Paul, you are speaking without thinking. To say that you pay almost as much in taxes here as you would in Canada is complete B.S. Please don't insult the Candians by trying to say that. FYI....do your research before typing.........the percentage of "your" money (ie, the federal budget) that has gone to not just the war but the ENTIRE federal defense budget (DoD, Homeland Security, War Ops, etc.) is roughly 25% (691B of 2.5T).
Seriously guys, what was the original questions posed in the thread?
Actually, it's not complete bull****. I know from first hand experience. Feel free to call me a liar, but I stand by my comments. To clarify, I said ALMOST as much. As for my comments about how these taxes are being used, you are correct that this doesn't belong in this forum. It's just something I've been frustrated about lately. Not being able to vote here is even more frustrating.
Anyway, the original topic was in regard to Porsche's pricing in Canada, and how it doesn't reflect the recent gains in the Canadian dollar.
MY post (if you had read a little further) went on to ask if I would be better off keeping my car and selling it AFTER I move back to Canada.
Sounds like you could make more $$$ selling your car in Canada Paul. And if it helps, I am on your side about the whole war issue and wasting money on it. I would prefer better roads and education here first.
.......and now back to our regularly scheduled program.
I've been doing some research on Canadian sites, and there are hardly ANY 996s available up there. The problem with selling my car is that the number of miles on it scares people away down here. I'm crunching some numbers right now to see how much the car will end up costing me if I just hang on to it until it dies.
How many miles can you get on a 3.4 litre engine? 200k? Any idea? What will it cost to put in a new (or rebuilt) engine?
by a dealer? $11,000 at the lowest.. $15,000 high-end... depends on the labor and if you have to pay sales tax if you get the work done in another state, and various other factors..
trust me i know :>
Someone asked about the original question which was "when will dealers in Canada adjust pricing"...the concensus seems to be "not now" anyway.
Assuming that, the follow up should be, does it make sens for us Canadian to start shopping in the US ? I really don't see why not given the current premium in CAD$ pricing. I totally agree that if you buy privately in the US and it turns out to be an experience that would need the help of the courts, you will be SOL.
Anyone knows the cost of bringing a spanking brand new car to Canada as opposed to a used one....?
My knees are bleeding from all the praying for a CAD$ @ 1.000 US$... 'them RUF cars in Houston will appear pretty yummies. Any thoughts ??
There is no difference in bringing in a new car versus a used car except for two situations:
1-the car is 15 years old or older in which case it comes in duty free
2-the car is not certified for Canada. A couple of cars that spring to mind are the BMW 850 csi and the Mitsubishi EVO. These cars were never certified for Canada so it becomes a major hassle importing them, it can be done but big hassle ($$).
You will deffinately save $$ buying a US car. You'll pay taxes (15%) just as you would on a purchase in Canada, and you'll pay 6% duty.
Warranty is not an issue, it will be covered.
Hope this helps.
Cheers,
Stan
When will they adjust prices - I think that as the C$ heads for par they will be forced to re-align their pricing - in fact it would be less traumatic if they started a gradual downward adjustment. The fact that cars are being imported from the USA has got to have an impact on them. Market forces are inexorable after all.
On the other hand I want to see the C$ back where it belongs aroun d 70 cents US. With our costs, we cannot be competitive with the USA with a dollar as high as it is now. If things stay as they are I predict economic decline in Canada. Right now Oil is making us rich but oil is an up and down affair. Meantime manufcturers are getting killed by the drop in the US dollar - it like selling at a discount of nearly 40 percent compared to 3 years ago.
Bob,
You've now introduced another topic - the effect of a stronger CA$ on our economy.
You're spot on with your prediction of an economic slowdown if the dollar remains high. High oil prices are creating the appearance that our overall economy is in good shape when in fact Canadian exporters have been terribly hard hit by the rise in our dollar.
The frustarting part is that it's not so much that our $ is increasing it's more a case of the US$ decreasing. There is precious little we can do, if we raise interets rates our dollar will increase further, if we lower rates we run the risk of inflation and increasing our already high consumer debt ratio. As long as the white house has it's unofficial weak US$ policy in place, we'll just have to live with it and hope for the best. Oh yeah and take advantage of cheap US cars!
Also, we may find slight price adjustments from Porsche Canada but not much. Like I said before, they sell their allotment with hardly any dicounts, what would be the reason to lower prices?
Cheers,
Stan
PS is that pic from circuit Mt. Tremblant?
I wish this wasn't all so true, I could've had my 996 by now. With how much more I'd be making in my field in the US, with less taxes, being 25 and single, I'd have a much better quality of living (monetary wise at least).
I'd make more money, in US dollars down there, and used cars are half the price there than they are here
Well, what's stopping you then? Get a job in the U.S., apply for a TN visa, and get on with your better quality of life. Personally, I think you're entirely wrong, but you seem pretty certain. What's holding you back?
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