Quote:
Originally Posted by Hack&Lube
Are you sure Honda Canada wouldn't honor the warranty? I think I read lots of stories online about people going to the U.S. to buy vehicles and saving 6-10K.
There was a big thread on redflagdeals.com at one point
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It really all depends on the price of the vehicle.
To try it for yourself, just do a few things.
1) Go to the car manufacturers US and Canadian home pages.
2) Build / Price out the vehicle you are interested in on the US site.
3) Go to
http://www.xe.com (website for converting currencies). Convert the US price to Canadian dollars. Compare that price with what the Candian dealerships are telling you.
I have found that certain vehicles are a good $10K cheaper in the US as compared to Canada. One in particular is the Subaru WRX STI, which sells for $30,000 US and $50,000 CDN.
The other thing you have to consider is if you do purchase from the states, you will have to pay taxes and duty on the vehicle when you bring it accross the boarder. Still, even with that, you are looking at around $6000 savings.
That may be alot less for vehicles that are of a lower price. I haven't tried it with honda's or Mazda's though.
And when you consider the current USD to CDN exchange rate, it almost seems a no brainer. If you do want a new vehicle, go to the states and buy one, you will save a tonne of cash.
Update:
Did it quick. Based on starting (no options) MSRP prices on the US and Canadian Subaru sites:
US Subaru WRX STI Limited Edition: Starting $33,495 USD
CDN Subaru WRX STI: Starting $48,995 CDN
The USD converted to CDN (using today's conversion rate) is:
35,615.48
For a savings of $13379.52