[RayVegas]

Is it easy/feasible for Canadian buyers to purchase USA cars and import them into Canada?

 

[Luzifer]

Is it easy/feasible for Canadian buyers to purchase USA cars and import them into Canada?

My inaccurate quick maths says it makes no sense. For example the cheapest orange H coupe

229K USD
312K CAD (customs value) (Exchange rate CAD x1.35, our dollar is outrageously worth 65 cents!)

69.5K All Import fees, other fees, inspection fee and sales taxes based on an online calculator
3-5K Shipping


386K CAD total +-

 

[RayVegas]

Then Canadian Lambos aren’t that overpriced after all, it seems….. even without all the taxes, etc they are similarly priced here.

 

[Luzifer]

Then Canadian Lambos aren’t that overpriced after all, it seems….. even without all the taxes, etc they are similarly priced here.

The 229K H I posted above was in USD. I've seen US Huracans as low at 185K USD. The cheapest one here are 240K,250K, 259K CAD and overpriced in my opinion by 60K +.

 

[RayVegas]

The 229K H I posted above was in USD. I've seen US Huracans as low at 185K USD. The cheapest one here are 240K,250K, 259K CAD and overpriced in my opinion by 60K +.

Well, US$185K which you consider “low”, is still CAD$250K, so pricing isn’t lower here…..seems to be somewhat similar to me. Now if you are saying both used markets are overpriced, then it’s one thing. But it doesn’t seem like the Canadian prices are too different from USA prices if currency is taken into account.

 

[Luzifer]

Well, US$185K which you consider “low”, is still CAD$250K, so pricing isn’t lower here…..seems to be somewhat similar to me. Now if you are saying both used markets are overpriced, then it’s one thing. But it doesn’t seem like the Canadian prices are too different from USA prices if currency is taken into account.

You are correct, I don't always do the currency conversion in my head and just looking at the numbers "seems low". What would be the low priced cars if it weren't for the bubble?

 

[Jr Mint]

You are correct, I don't always do the currency conversion in my head and just looking at the numbers "seems low". What would be the low priced cars if it weren't for the bubble?

Low priced is when I sold my 2015 with 20k miles for $160k. It’s funny, I posted it on here and didn’t really get much interest. I sold it to a friend and boy did he luck out.

 

[RayVegas]

You are correct, I don't always do the currency conversion in my head and just looking at the numbers "seems low". What would be the low priced cars if it weren't for the bubble?

Low priced is when I sold my 2015 with 20k miles for $160k. It’s funny, I posted it on here and didn’t really get much interest. I sold it to a friend and boy did he luck out.

Id guess that car would be $120-130K or so after a few more years and miles….....

 

[45rake]

Yeah, can't imagine taking on a car note at those rates, unless I was already planning to aggressively pay it off early.

I just financed with Ally Financial for 84 months at 5.99% with 120k down

 

[2Tired]

I just financed with Ally Financial for 84 months at 5.99% with 120k down

How much did you finance? If you don't mind me asking.

 

[45rake]

How much did you finance? If you don't mind me asking.

195K my credit is 840. To get a reasonable rate you have to finance under 200K

 

[2Tired]

195K my credit is 840. To get a reasonable rate you have to finance under 200K

Thanks for posting. $44k interest over the life of the loan (assuming no early payoff) would be a bit too much for me personally.

 

[45rake]

Thanks for posting. $44k interest over the life of the loan (assuming no early payoff) would be a bit too much for me personally.

I typically don't keep cars for more than 2 years. If we elect a republican president we should see much better rates and then refinance

 

[2Tired]

I typically don't keep cars for more than 2 years. If we elect a republican president we should see much better rates and then refinance

That would be lovely.

 

[surfah]

Go 'Canes!

The “U”. Still partying like it’s 2001 only 21 years ago haha. Ed Reed FTW

 

[EVORWSP]

Since we all know cars are sold out till 2024, I doubt there will be any significant change.

…

292GTS is said to be sold out here soon.
The entire production volume, I should add.
Cannot be ordered anymore, then.…🥺
Purosangue, too.

 

[2006m5]

292GTS is said to be sold out here soon.
The entire production volume, I should add.
Cannot be ordered anymore, then.…🥺
Purosangue, too.

crazy times..

 

[EVORWSP]

crazy times..

Yes.
The whole (!) product range of the type 911 sold out until the end of 2023. An unprecedented situation.
Inflation fears replace cheap money causing unchangedly high demand, production capacities still hammered by supplier’s constraints, combustion engines closing up to their end of lifetime.
There are reasons. My guess.

 

[2006m5]

Yes.
The whole (!) product range of the type 911 sold out until the end of 2023. An unprecedented situation.
Inflation fears replace cheap money causing unchangedly high demand, production capacities still hammered by supplier’s constraints, combustion engines closing up to their end of lifetime.
There are reasons. My guess.

I don’t get why the buyers are in FOMO state.

 

[SpiderBull16]

The “U”. Still partying like it’s 2001 only 21 years ago haha. Ed Reed FTW

Yes, I'm in the glory days mode still. My license plate says it all haha. No danger of that changing any time soon! Ray Lewis and Ed Reed, the two best.. We better beat FSU this year!