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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > Regional Forums > Canada > Porsche Canada Announces Canadian Currency Credit



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      04-05-2010, 09:23 AM   #1
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Porsche Canada Announces Canadian Currency Credit

http://www.newswire.ca/en/releases/a.../05/c7723.html

Wonder if BMW Canada will follow suit?
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      04-05-2010, 09:38 AM   #2
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friends works at MB seems like they were looking into doing that stuff
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      04-05-2010, 10:22 AM   #3
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Sweet. brb ordering GT3RS.
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      04-05-2010, 10:24 AM   #4
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still expensive, but more reasonable then before.
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      04-05-2010, 12:47 PM   #5
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haha BS

Cars in Canada are 20% overpriced

a 335 in the US = 40 K
Canada = 50 K

and audi R8 = 140 K
in the US = 100 K or so
ditto for 911, 7 series, lexus ls

standard of living is a ****

IN the US, I'd be driving a 535.
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      04-05-2010, 01:03 PM   #6
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Quote:
Originally Posted by Balzz View Post
Sweet. brb ordering GT3RS.
they had one in the showroom at DFC on saturday. white. so hot.
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      04-05-2010, 01:20 PM   #7
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haha BS

Cars in Canada are 20% overpriced

a 335 in the US = 40 K
Canada = 50 K

and audi R8 = 140 K
in the US = 100 K or so
ditto for 911, 7 series, lexus ls

standard of living is a ****

IN the US, I'd be driving a 535.
And in any where else in the world, I probably can't afford a car. Canada isn't that bad when you look outside the US market.
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      04-05-2010, 01:43 PM   #8
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And in any where else in the world, I probably can't afford a car. Canada isn't that bad when you look outside the US market.
Cant agree more! So we shouldn't complain a lot lol. Plus we are at least able to buy a car from U.S
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      04-05-2010, 01:45 PM   #9
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Originally Posted by bunnn View Post
And in any where else in the world, I probably can't afford a car. Canada isn't that bad when you look outside the US market.
+1
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      04-05-2010, 02:25 PM   #10
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And in any where else in the world, I probably can't afford a car. Canada isn't that bad when you look outside the US market.
+1. The M3 probably will cost 1 mil in Malaysia.
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      04-05-2010, 03:17 PM   #11
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And in any where else in the world, I probably can't afford a car. Canada isn't that bad when you look outside the US market.
EXACTLY. We have 1/10th of the population of the U.S. Car prices in Canada are pretty reasonable when you compare to the rest of the World (excluding U.S.).
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      04-05-2010, 04:02 PM   #12
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And in any where else in the world, I probably can't afford a car. Canada isn't that bad when you look outside the US market.
True. Also depends what you do right...there are many jobs and incomes levels where you really don't want to be an american.

However there are some where its beneficial.
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      04-05-2010, 04:11 PM   #13
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Oh definitely depends on what you do, but applicable everywhere in the world as well..Can you imagine..making 9000HKD(very good average figure for University grad) a month..and the M3 cost 1.3Million HKD? Almost anywhere else in the world you'd have to be a lawyer or the like to drive anything decent.

Sort of like saying, OMFG we have to pay so much income tax in Canada compared to HK...BUT they get 100% luxury tax on cars. There's compromises for everything.

Disclaimer: I keep using HK because those are the only figures I'm absolutely sure of.
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      04-05-2010, 05:09 PM   #14
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i lived in brazil for 12 years.. and not many people can afford a 320 for example... the taxing there is ridiculous.. imported cars get taxed 100% of the value... so the prices there double right off the bet... a 325 for example is around R$ 180k which is equal to CAD 102k ...

and for taxes... i find we don't pay that much compared to places like norway/sweden..
but that's just my personal experience !
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      04-05-2010, 05:50 PM   #15
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How about getting the models closer to what the USA has?

Starting price of our budget 323i = $34,900 CAD
Starting price of their regular 328i = 34,575 USD

..from the respective BMW website configurators.

Last edited by dassub; 04-05-2010 at 08:44 PM..
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      04-05-2010, 07:58 PM   #16
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Quote:
Originally Posted by bunnn View Post
And in any where else in the world, I probably can't afford a car. Canada isn't that bad when you look outside the US market.
+1

Its more expensive to buy certain Mercs in Germany then it is in Canada/USA!!!!
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      04-05-2010, 08:13 PM   #17
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Keep in mind that the US is only cheaper than Canada if you look at it from a Canadian perspective.

Americans don't get paid more simply because their currency is now worth less. $50k US represents the same to them, give or take, as when our dollar was worth $0.65 US, because in nominal terms their salary is worth about the same. In fact, many imported goods are likely more expensive in the US now because of the relative weakness of the US dollar.

So many people frame this issue in terms of what a deal the Americans are getting, which simply isn't the case.
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      04-05-2010, 08:16 PM   #18
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Quote:
Originally Posted by dassub View Post
How about getting the models closer to what the USA has?

Starting price of our budget 323i = $34,900 CAD
Starting price of their regular 325i = 34,575 USD

..from the respective BMW website configurators.
IIRC they are the same?
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      04-05-2010, 08:24 PM   #19
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Quote:
Originally Posted by aspiring335 View Post
Keep in mind that the US is only cheaper than Canada if you look at it from a Canadian perspective.

Americans don't get paid more simply because their currency is now worth less. $50k US represents the same to them, give or take, as when our dollar was worth $0.65 US, because in nominal terms their salary is worth about the same. In fact, many imported goods are likely more expensive in the US now because of the relative weakness of the US dollar.

So many people frame this issue in terms of what a deal the Americans are getting, which simply isn't the case.
WHen our dollar was 65 cents, americans were way ahead.

Now that we're at parity...its not like their purchasing power is less than ours; its actually still higher.

Though yes, thanks to low interest rates they are playing a weak currency game.

However I have more faith in their currency over the long term than ours. We tend to fluctuate nicely with the commodity cycle, which is all we have.

Either way, like people said, it depends on what you do. Certain professions, procedural ones, medical ones, are much better off in the US than in Canada.
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      04-05-2010, 08:43 PM   #20
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Quote:
Originally Posted by bunnn View Post
IIRC they are the same?
Oops I meant their 328i.. and no, they are far from the same (features)
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      04-05-2010, 09:35 PM   #21
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Oops I meant their 328i.. and no, they are far from the same (features)
True, Americans get more options...for example on their base 328, xeons are not standard.

Even on the LS 460, 7 series...the base models are less equipped.

But thats a freedom I would like to have...I don't like heavily equipped cars, they malfunction after a while.

Still, they have more purchasing power.


Ie. C2S...or R8; keep it simple, there is still a 40 K difference between Can and US...no difference in features i blv.
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      04-05-2010, 11:31 PM   #22
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Quote:
Originally Posted by TheRox View Post
WHen our dollar was 65 cents, americans were way ahead.

Now that we're at parity...its not like their purchasing power is less than ours; its actually still higher.

Though yes, thanks to low interest rates they are playing a weak currency game.

However I have more faith in their currency over the long term than ours. We tend to fluctuate nicely with the commodity cycle, which is all we have.

Either way, like people said, it depends on what you do. Certain professions, procedural ones, medical ones, are much better off in the US than in Canada.
Not true that doctors make more in the U.S. Some highly specialized, stars do. But the average family doc is at the mercy of the bean counters of the huge HMO's and private insurance companies. It's not very great for their patients either.
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