Forget the idea of fluctuating MSRP based on the value of the dollar! I bought my 2005 gt when the CDN. dollar was strong so compared to my friend in N.Y I paid more. However my car is more smog friendly, and when I buy my Cobra/shelby in 3 or 4 years, our dollar will be lower, I'll pay less than my friend in NY. In regards to the tax system in Canada, those from the north should take a look at their dental/prescription/emerg bills at the end of the year. I pay $1.29 for a scrip of amoxicillin, my wife pays $2.22 a month for $200.00 worth of inhalers. Either way its not a case of which is better or worse, in the end we all pay.

 

Hey I just found out Canadians are not getting screwed....it's the Americans that are getting screwed.

Canadian cars speedo goes up tp 150 mph......

Americans speedo..... 140 mph.....

 

Well, bring that speedo over here Michigan, wind her up, then look in your rear view mirror......... hahahahaha

 

Merlot,

You pay 17 percent tax in NS and a lot of the country pays 15 percent.
In Alberta we pay only 7% and it does not apply to food or essentials. GST is only "Goods and Services Tax" it most definately does not apply to some of the things you mentioned even in Nova Scotia.

 

it must be my cold medicine....I don't get it.

 

it must be my cold medicine....I don't get it. [/b][/quote]
It must be.

 

Im pretty sure we get the shaker 500 standard on the GT too.

 

The 500 shaker is $765 . Shaker 1000 is $1995 .

You can order a stang with neither and take $765 off he price , but no door cutouts, and a horrid receiver. The dealer showed me a picture of it. :shock:

 

I found this thread very interesting. In 2002 I bought a new 03 Mazda6. It came out in Canada a few months later.

At that time (using the USD/CD conversion rate) a new Mazda6's MSRP in Canada was about $1,500 USD less than the US Dealer's invoice price. And it was better optioned.

Win some/ Lose some

 

EZ-Kill,
O.K if you want to get technical and nitpick; Meat, vegetables, milk, bread. That's about it! These are the only items that are NOT taxed. All groceries besides these, are taxed. The government classifies them as necessities. Care to name some of the things other than that; that it does not apply to? Not long after the "GST" came out they changed it to the "HST" [Harmonized sales tax]. The "GST" is included in the "HST", and like I said before we pay it on ALL goods and Services rendered.[other than what I mentioned above]. As for the 17% maybe you did'nt read my post correctly. I said most of the time we pay 15%. The additional 2% is a hidden tax on certain items; thus the 17%. Now, ..... you may be from N.S. ???.... and I certainly may have missed something. If so, please enlighten me...... and my wife? She would also like to know. Mr. Mustang asked what the tax structure was like up here in Canada. I gave him as close an answer as I could for Canada as a whole. Sure, the cost of living, may vary from province to province. If that does'nt suit you, maybe you have a better explanation for him? If so, I'm all ears because I certainly know what I pay here in N.S.! We all know Alberta is an exception. As for your 7% in Alberta that's an entirely different can of worms to open up. And right now, I don't have a can opener! BUT I CAN CERTAINLY FIND ONE!

 

Mr. Mustang, actually we have 3 different levels of government that we pay taxes to. I forgot to include the municipal taxes. Thats additional!
1. Federal....... government of Canada
2. Provincial....... province of Nova Scotia
3. Municipal........HRM [Halifax Regional Municipality] things like garbage collection,street lighting, etc.

 

hmm... drifting a bit off topic... let's keep the discussion going in the Canada section.

 

Merlot,

Simplest way to put it would be this:

All Canadians get taxed about the same believe it or not. You pay HST etc, I do not. However, I pay all kinds of "hidden" taxes that you do not. Canadians on average pay about 48% tax all told(municipal, federal, provincial, hidden). That of course is assuming we are all in the higher end tax brackets. While the individual tax system of each province is different there is certainly a parity between what we all pay. It is simply laid out in different ways.

I really would rather not get into a technical discussion about the pros and cons of a different provincial tax systems because the botton line is we all pay. It is also a discussion that could take months. Tax is a living animal as it changes yearly. I have to constantly update myself on the new tax rules from the CICA handbook. Even doing what I do for a living tax perplexes me, do you remember fun rules such as these when GST was introduced:

1. 1 Donut is a luxury and has GST
6+ Donuts is a meal and GST free

2. Live lobster is a pet and has GST
Dead lobster is a meal and is GST free

 

Tax Brackets? Now your getting into salaries! I never mentioned anything about salaries. :scratch:

Anyway Mr. Mustang, I hope that will give you a good general idea how the tax system is set up here in Canada.

Back to Mustangs!

 

Getting off the off topic...
The price of a New Car has an effect on used car values. A price reduction causes a reaction throughout the marketplace, decreasing resale values which impact lease end values and trade-in values.
Adjustments to market demand are usually done through incentive levels, which have less market impact and are easier to change.
At a base of $32,795, the relative value in the marketplace and demand are great. The 7.9% rate is not an incentive to buy a Mustang, but it is not a dis-incentive. If you can do better at the bank, then do so. The purchase decision is based solely on the value of the product.
Besides, to Ford Credit, every contract (including 0%) is at standard rate. The interest difference is "paid" by Ford Motor Co and accounted for as the incentive. This way the profit (or lack of) is not a factor in Ford Credit's accept/decline decision.