Canadian dollar on the rise. - M3 Forum 2010 2009 BMW M3 2008 BMW M3 BMW E90 M3 E92

FifthStreetz · 09-20-2007, 11:40 PM

The Canadian dollar has been steadily catching up to us here in States, perhaps its time to cross the boarder and buy a M3 here?

Do you think this will affect our (U.S.) price for the M3?

http://ca.news.yahoo.com/s/capress/loonie_rises

philbert · 09-21-2007, 12:02 AM

Quote:

Originally Posted by FifthStreetz

The Canadian dollar has been steadily catching up to us here in States, perhaps its time to cross the boarder and buy a M3 here?

Do you think this will affect our (U.S.) price for the M3?

http://ca.news.yahoo.com/s/capress/loonie_rises

lol dude. There is 15% tax in Canada. You go ahead and cross the border to buy an M3.
And the Canadian dollar hasn't steadily caught up to us- today the exchange between the American and Canadian dollar was exactly the same. 1 American dollar for one Canadian dollar.

BevoRules · 09-21-2007, 12:05 AM

It absolutely will. The USD is also getting hammered against the Euro as well. So there is no question that as each month goes by and the USD weakens vs the Euro that the cost in USD is going up for solely this reason. Just a rough estimate probably an increase of at least 10% just over the past 6 months.

picus · 09-21-2007, 12:08 AM

All this means is that it makes more sense for Canadians to buy US cars. BMW offers a full warranty in Canada on US bought cars, you just lose the 4 years maintenance. Sounds bad until you look at the price difference. A US 335i is base $40k, a Canadian 335i is base $51k. There will easily be a $20k diff in the price of a US M3 compared to a Canadian M3. Add the import fees and the cost of 4 years of maintenance and you still save over 10k. I hope the guys in Buffalo are ready for me.

GregW / Oregon · 09-21-2007, 12:09 AM

Quote:

Originally Posted by BevoRules

It absolutely will. The USD is also getting hammered against the Euro as well. So there is no question that as each month goes by and the USD weakens vs the Euro that the cost in USD is going up for solely this reason. Just a rough estimate probably an increase of at least 10% just over the past 6 months.

Thank you GWB for overspending to the extent that we don't have adequate collateral anymore.

FifthStreetz · 09-21-2007, 12:19 AM

Quote:

Originally Posted by GregW / Oregon

Thank you GWB for overspending to the extent that we don't have adequate collateral anymore.

+1

But maybe Iraq will be worth it in the long run, thats what my ultra conservative roommate says.

Either way we are in a bind right now, and its sad to see our dollar dip so low...

GregW / Oregon · 09-21-2007, 12:23 AM

Quote:

Originally Posted by FifthStreetz

+1

But maybe Iraq will be worth it in the long run, thats what my ultra conservative roommate says.

Either way we are in a bind right now, and its sad to see our dollar dip so low...

Hey, you're a Brigadier General; can't you end this war!!!

K3N R3D · 09-21-2007, 12:24 AM

Quote:

Originally Posted by GregW / Oregon

Thank you GWB for overspending to the extent that we don't have adequate collateral anymore.

I dont think he is the only one to blame. You missed the other 435 representitives.

GregW / Oregon · 09-21-2007, 12:25 AM

Quote:

Originally Posted by K3N R3D

I dont think he is the only one to blame. You missed the other 435 representitives.

Or at least half of them; but we digress--sorry!

philbert · 09-21-2007, 12:28 AM

Quote:

Originally Posted by FifthStreetz

+1

But maybe Iraq will be worth it in the long run, thats what my ultra conservative roommate says.

Either way we are in a bind right now, and its sad to see our dollar dip so low...

Iraq is a great example of ONE of the MANY fiscal irresponsibilities of this administration. But thats neither here nor there.

K3N R3D · 09-21-2007, 12:28 AM

Quote:

Originally Posted by GregW / Oregon

Or at least half of them; but we digress--sorry!

Nah all of them...sorry

FifthStreetz · 09-21-2007, 12:31 AM

Quote:

Originally Posted by GregW / Oregon

Hey, you're a Brigadier General; can't you end this war!!!

I have to report to Carnage, he is allied supreme commander...at least for awhile lol

schnell325 · 09-21-2007, 01:27 AM

I'll certainly be looking south of the border for my next BMW. And to think 4 years ago the exchange rate was 1.65 CDN to 1 US.....

Carnage · 09-22-2007, 11:52 PM

Quote:

Originally Posted by FifthStreetz

I have to report to Carnage, he is allied supreme commander...at least for awhile lol

Sorry can't help on this one...

09-20-2007, 11:40 PM	#1
FifthStreetz O! So Sour!! Drives: E92 M3 Join Date: Apr 2007 Location: NJ/NYC Posts: 14,458 iTrader: (9) View FifthStreetz's Garage	Canadian dollar on the rise. The Canadian dollar has been steadily catching up to us here in States, perhaps its time to cross the boarder and buy a M3 here? Do you think this will affect our (U.S.) price for the M3? http://ca.news.yahoo.com/s/capress/loonie_rises __________________

09-21-2007, 12:08 AM	#4
picus Detailing Geek Drives: e92 SG 335i Coupe Join Date: Jun 2006 Location: Toronto, ON Posts: 3,936 iTrader: (0)	All this means is that it makes more sense for Canadians to buy US cars. BMW offers a full warranty in Canada on US bought cars, you just lose the 4 years maintenance. Sounds bad until you look at the price difference. A US 335i is base $40k, a Canadian 335i is base $51k. There will easily be a $20k diff in the price of a US M3 compared to a Canadian M3. Add the import fees and the cost of 4 years of maintenance and you still save over 10k. I hope the guys in Buffalo are ready for me. __________________

09-21-2007, 12:05 AM	#3
BevoRules Enlisted Member Drives: '08 M3 Join Date: Jul 2006 Location: Texas, USA Posts: 40 iTrader: (0)	It absolutely will. The USD is also getting hammered against the Euro as well. So there is no question that as each month goes by and the USD weakens vs the Euro that the cost in USD is going up for solely this reason. Just a rough estimate probably an increase of at least 10% just over the past 6 months.

09-21-2007, 01:27 AM	#13
schnell325 Major Drives: '92 325i/4 & '08 M3 Join Date: Aug 2007 Location: BC Posts: 1,169 iTrader: (1)	I'll certainly be looking south of the border for my next BMW. And to think 4 years ago the exchange rate was 1.65 CDN to 1 US.....