With our dollar at par, many Canadians can’t help but notice how much less expensive it would be to purchase a car in the US these days. And with NAFTA an all that, this would be an option of us, you’ think. Here’s Judy’s experience:
So you’re a Canadian and want to buy a Toyota? Excellent choice. Great car.
But oops! The price. About $10K more than the identical vehicle in the United States
Well, how ’bout buying one in the US and having a bit of a vacation during the three days it takes to get a US export permit?
Canada Customs is very helpful, providing a pamphlet called, “How to import a car from the U.S.” And all they will ding you for is the gst. No duty.
Then comes the brick wall. Whammo! That friendly American salesperson you were negotiating with sadly informs you that he is not allowed to sell to you.
“What? Who, me? Am I such a pariah?” Yes, you are. Because you’re Canadian, that’s why.
Canadian Toyotas are still priced as though the Canadian dollar were still around 63¢ US. That accounts for the 30% difference. Somebody in Toyota must be getting very rich selling in Canada.
An irritation, though, is that stream of Canadians going to buy Toyotas in the US – what a hew and cry from Canadian dealers! The remedy? Forbid US Toyota dealers to sell to us Canucks. Disregard the discrimination. Disregard the Canada – US Free Trade Agreement. Protect the obscene profits made by Toyota in Canada.
Editors note to Judy: you’re not alone in your disgust! CBC did 2 features – one on the general question: when will consumer goods start being evenly priced in Canada? And another specifically on the car issue – apparently a class action lawsuit alleging conspiracy is being taken against four car companies and the canadian auto association.
Readers: what are you thoughts on this? Are the higher prices in Canada justified, or is it a complete rip-off?