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Question about Canadian exchange rate and car pricing

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Old 11-25-2004, 07:03 AM
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Default Question about Canadian exchange rate and car pricing

Now that the Canadian dollar is approaching 85 cents US why is it that our import pricing on cars has not changed? To buy a new loaded A6 is about 70,000 Canadian whereas the same car is 45-50 US...Shouldn't it now be about 58-60 K Canadian using the current rate?

Please explain why we Canadians are still paying so much more for vehicles???
Old 11-25-2004, 07:14 AM
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dont know but...i bought my dirbike in canada, brand new saved me $500+
Old 11-25-2004, 07:32 AM
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Default You are lookin at the wrong exchange rate, dude. Audi's are not built in the US

Check the Cdn$ vs Euro rate and then ask the question
Old 11-25-2004, 08:28 AM
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Default Re: Question about Canadian exchange rate and car pricing

Because you're Canadian !............also, you need to compare Canadian$ to Euro for a German import and Canadian Tax and excise rates are high.
Old 11-26-2004, 06:13 AM
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We get screwed! They probably pre-hedged the currency based on expectations.
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