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Are Canadians getting screwed ?

Old Jan 5, 2005 | 01:52 PM
  #21  
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Originally posted by mr-mstng@January 5, 2005, 3:51 PM
With the USD taking a nosedive, they might have to readjust in the future, but as long as people are snapping them up, Ford of Canada isn't in too much of a hurry to change it.
With my luck, they'll adjust the price AFTER I get my car :bang:
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Old Jan 5, 2005 | 01:56 PM
  #22  
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Originally posted by Galaxie+January 5, 2005, 2:55 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Galaxie @ January 5, 2005, 2:55 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-mr-mstng@January 5, 2005, 3:51 PM
With the USD taking a nosedive, they might have to readjust in the future, but as long as people are snapping them up, Ford of Canada isn't in too much of a hurry to change it.
With my luck, they'll adjust the price AFTER I get my car :bang: [/b][/quote]

HA !! That's what I was thinking myself.
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Old Jan 5, 2005 | 02:17 PM
  #23  
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Whats with our 7.9% for 5 years through ford credit canada? I am no math expert, but the exchange rate does not affect financing rate percentages, does it? Why do we pay higher interest rates with ford credit canada, than ford credit south of the border?
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Old Jan 5, 2005 | 02:38 PM
  #24  
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Yes. Another good point Ronny. It's a possibility that responsible good canadians with good credit ratings may get a financing deal that's less favorable than an american with average or less than average credit.
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Old Jan 5, 2005 | 03:00 PM
  #25  
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You win some you lose some. Four years ago you would have stolen a Mustang off the lot in Canada and in fact many of my american friends came across the border to buy cars. Why? Because at that time it was about 1.45 Canadian dollars for 1.00 american. This means a 26,000 dollar car should have cost 37,700. However, it did not, as I paid a lot less then that for my 2000 GT vert.

In a year or two when the world settles down and the US dollar makes a comeback in the world markets will ford raise Canadian prices? Probably not. They did not last time the american dollar was strong. Sure they may be making a bit over MSRP right now, but they were not through the late 90's. I would not expect any company to constantly make market adjustments and only in the consumers favour. No one says a word when it's in your favour. Just some food for thought.
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Old Jan 5, 2005 | 03:00 PM
  #26  
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Originally posted by Galaxie@January 5, 2005, 2:51 PM
Rob, for sure, I would be ecstatic to save $2000 of MSRP because of market adjustment. I wish there was something we can do about it.

Find a dealer who will give you $2,000 below MSRP.

It's possible.
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Old Jan 5, 2005 | 04:07 PM
  #27  
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Originally posted by Montrose+January 5, 2005, 4:03 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Montrose @ January 5, 2005, 4:03 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-Galaxie@January 5, 2005, 2:51 PM
Rob, for sure, I would be ecstatic to save $2000 of MSRP because of market adjustment. I wish there was something we can do about it.

Find a dealer who will give you $2,000 below MSRP.

It's possible. [/b][/quote]

Right. But ... Why not have the MSRP set properly to begin with, then, then haggle with dealer to dealer to get an additional $2k off the lowered and "properly set" msrp ?

If anything, I guess this currency fluctuation for the canadian MSRP on the stang can be a good bargaining point when entering the dealership. Tell him, I am paying $2k over what the car is being sold for in the states to begin with, I will buy it at the current US price only. Then see which dealer agrees.
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Old Jan 5, 2005 | 04:33 PM
  #28  
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Don't forget,
when the US had the price increase....canada did not
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Old Jan 5, 2005 | 05:54 PM
  #29  
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Correct me if I'm wrong, but wasn't the base price for 04 GT in Canada about $1000 less than the 05 GT ? A 2k "adjustment" would have made it cheaper than an 04

I did the comparison with the US prices before I bought mine, but bought it anyway. No complaints.
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Old Jan 5, 2005 | 08:30 PM
  #30  
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Originally posted by RottenRonny@January 5, 2005, 4:20 PM
Whats with our 7.9% for 5 years through ford credit canada? I am no math expert, but the exchange rate does not affect financing rate percentages, does it? Why do we pay higher interest rates with ford credit canada, than ford credit south of the border?
7.9%???? Yeah, that's raw deal. ANY bank should give you a lower rate. Heck, Ford should give you 0.9% for what you're paying.
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Old Jan 6, 2005 | 06:54 PM
  #31  
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Originally posted by RottenRonny@January 5, 2005, 3:20 PM
Whats with our 7.9% for 5 years through ford credit canada? I am no math expert, but the exchange rate does not affect financing rate percentages, does it? Why do we pay higher interest rates with ford credit canada, than ford credit south of the border?
7.9% is usually around the going rate that ford [financing] charges, whenever a new vehicle comes out. Don't worry, they know how it works. My bank manager tells me that they have oodles of cars that are repos. therefore, They are very cautious about loans. Ford knows this! I guess they figure if they have to loan their money, for their vehicles, they might as well make it worth their while. Did you ever notice at the end of each year Ford, and every other Auto maker, puts on a 0% financing rate to unload all their autos. [no exceptions]. Like I said before, I don't think the 05 will be no different. But if you want to play now, your gonna have to pay now!

8% financing on $40,000 over a 5 year period, compared to 0%. That's not counting the diff. if you can beat them down in price.
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Old Jan 6, 2005 | 07:03 PM
  #32  
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Well it helps that I will be buying in cash outright considering the outrageous financing charges
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Old Jan 6, 2005 | 09:12 PM
  #33  
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Originally posted by Fordracing200+January 5, 2005, 2:32 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Fordracing200 @ January 5, 2005, 2:32 PM)</td></tr><tr><td id='QUOTE'><!--QuoteBegin-adrenalin@January 5, 2005, 2:27 PM
Regardless we still have the government bending us over when we pay taxes
yah what is up with your 15% sales tax. Jeez. We have 10% here. It stinks[/b][/quote]
Doug, In Canada we pay 15% tax [17% here in N.S. ] :shock: but our medical is covered by paying those taxes.
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Old Jan 6, 2005 | 09:15 PM
  #34  
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Dave, I am unfamiliar with the Candian tax system. Is the 17% a sales tax? Do you have an additional income tax of top of that?
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Old Jan 7, 2005 | 01:29 PM
  #35  
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Originally posted by mr-mstng@January 6, 2005, 10:18 PM
Dave, I am unfamiliar with the Candian tax system. Is the 17% a sales tax? Do you have an additional income tax of top of that?
Rob, Sorry for the late reply. Yes the 17% is a sales tax. It is broken down into 2 categories, but we don't pay it all the time, mostly 15% which is HST [harmonized sales tax]. That is a federal tax.The 15% is on mostly everything. eg: clothing, food, services rendered. Our medical is paid through this 15%. But if you want prescriptions, and, or, dental, eye glasses, you normally pay for that through your place of employment [private insurance plan]at $100.00 to $150.00 monthly.The other 2% is called PST [provincial sales tax]I guess you could call it a hidden tax. They put it on heating oil, gasoline, and whatever else but you don't see it! Yes, we have additional taxes; eg: personal income tax from your weekly salary. Then there's property tax for your existing home, and other land investments, if you have any.


I swear they will soon be taxing the tax? Hope you can absorb all that . I'm starting to get mixed up now!

Sorry for the long post! OHHHHHHHH ! Canada :scratch: :bang: :shock: :angry:
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Old Jan 7, 2005 | 01:33 PM
  #36  
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BLAME CANADA!

their beady little eyes....and flapping heads....
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Old Jan 7, 2005 | 01:38 PM
  #37  
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Originally posted by Merlot@January 7, 2005, 3:32 PM
I swear they will soon be taxing the tax? Hope you can absorb all that . I'm starting to get mixed up now!
Wow, that a lots of taxes! I feel for you guys (and gals) up there.
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Old Jan 7, 2005 | 02:21 PM
  #38  
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Originally posted by SurfnSoCal@January 7, 2005, 2:36 PM
BLAME CANADA!

their beady little eyes....and flapping heads....
hey be nice :nono:
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Old Jan 7, 2005 | 03:47 PM
  #39  
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dude...its a joke. Southpark?
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Old Jan 7, 2005 | 03:55 PM
  #40  
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Even though everyone knows this and it's all over the news, I spoke to a customs agent here and he said the amount of americans crossing the border to buy prescription drugs is amazing.. Seniors, younger people with diseases flock here like no tomorrow.. It's amazing that in a country like the US they aren't even covered for health like alot of other countries are..

If you don't have your health, you have nothing ( no, not even a Mustang to enjoy )

www.CanadaDrugs.com

Sorry went off topic
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