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> Canadian money, wow
post Apr 29, 2006 - 4:30 PM
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Rayme



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http://finance.yahoo.com/currency/convert?...=USD&amt=1&t=5y

The canadian money is gaining alot of power these time.

So much, me and my friend calculated and its now cheaper to go buy a new car in the states, even after the taxes an all. You can litteraly saves thousands of dollars on cars like S2000 and Nissan 350Z.

Even the New civic SI comes almost a whole 4000$ cheaper!!!

Example :
New SI in america : 20,290
New SI in Canada : 26,080

Total cost in Canada after 15% taxes : 29,992$

If one smart enough go to buy one in the states, he only needs 22,664 Canadians, after custom taxes it comes to 26,063, thats a whole 4K less!

Anyhow, just wanted to share, careful fellow american we're taking over wink.gif



This post has been edited by Rayme: Apr 29, 2006 - 4:36 PM


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02 SiR, 08 250R
 
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post May 1, 2006 - 12:59 AM
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phonex98



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Ive had a bit to drink, but ill try and explain this.

The canadian dollar has had a great last two years. I dont have any exact numbers but the currency has gone from like $0.65 USD per canadian dollar to $0.85 USD per US dollar. Now, although the value of the Canadian currency has gotten strong, and the US has weakened, prices have remained relatively stable. Using what i call Estimath i can give you an example

two years ago at 65 cents a 10 000 USD car would have cost us canadians $15 380 CDN
Today it costs us $11 760

Out wages havent changed so to us theres an apparent savings of about $4000 smile.gif

This post has been edited by phonex98: May 1, 2006 - 12:59 AM


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