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Message: Re: Porsche is a 'different' kind of car company

Changed By: Guenter in Ontario
Change Date: July 08, 2015 01:00PM

Re: Porsche is a 'different' kind of car company
[quote=MikenOH]
2% off on an ordered car is really chump change.

Looks like the conversion rate CD$ vs. US$ is 1.27; that would make it look to be around 75K is US$-- a bit high but not crazy for a BS. Any idea why the CD$ is down so much vs. the US$?

BTW,have you ever looked into bringing in a used US car?[/quote]

The drop in oil prices (not gas prices - they've gone up. :S ) has effected our markets. Quite a few job losses because of dropping demand for Canadian oil, which is more expensive to extract. That's one of the main reasons for the drop in the Canadian $.

The drop in the dollar also makes it much more expensive to import a used car from the US. A $50,000 USD car will cost about $64,000 CDN + import duties and taxes, it will end up somewhere around $70,000 CDN. A new Boxster S starlists at $72,000 in Canada. I know that Roger has those figures down better than I do.

Original Message

Author: Guenter in Ontario
Date: July 08, 2015 12:59PM

Re: Porsche is a 'different' kind of car company
[quote=MikenOH]
2% off on an ordered car is really chump change.

Looks like the conversion rate CD$ vs. US$ is 1.27; that would make it look to be around 75K is US$-- a bit high but not crazy for a BS. Any idea why the CD$ is down so much vs. the US$?

BTW,have you ever looked into bringing in a used US car?[/quote]

The drop in oil prices (not gas prices - they've gone up. :S ) has effected our markets. Quite a few job losses because of dropping demand for Canadian oil, which is more expensive to extract. That's one of the main reasons for the drop in the Canadian $.

The drop in the dollar also makes it much more expensive to import a used car from the US. A $50,000 USD car will cost about $64,000 CDN + import duties and taxes, it will end up somewhere around $70,000 CDN. A new Boxster S starts at $72,000 in Canada. I know that Roger has those figures down better than I do.