Automotive Forums .com - the leading automotive community online! Visit IgorSushko.com and see what it's like racing in Japan
-
Google  
Web AF
Become a subscriber. Browse a faster, ad-free AF. Instantly.

Automotive Forums > Car Buying Q & A - Buy car in Canada with US dollar
User Name
Password
Register FAQ Member Map Calendar Surveys/Quiz Arcade Mark Forums Read

Car Buying Q & A Ask a question, get an answer; it's that simple. Visit AutomotiveHelper.com for useful car buying tools and research.

Reply Show Printable Version Show Printable Version | Email this Page Email this Page | Subscription Subscribe to this Thread
 
Thread Tools
Old 04-10-2005, 09:36 PM   #1
aznpeter
AF Newbie
 
Join Date: Feb 2002
Posts: 6
Buy car in Canada with US dollar

My situation is that I currently live in Canada and there is a 50% chance that I will move to US next september. My car money is in US currency.

With US dollars and the current exchange rate, what is the best way to purchase a vehicle in my situation:
- do the currency exchange and purchase the car in Canada, or
- purchase an US car and import it back to Canada, or
- purchase car in Canada with US dollar?


BTW the vehicle will most likely be a 99+ honda or acura at the price range of $13-20k US.

Thanks in advance.
aznpeter is offline   Reply With Quote
Old 04-10-2005, 10:16 PM   #2
MagicRat
I'm so screwed
AF Moderator
 
MagicRat's Avatar
 
Join Date: Dec 2003
Posts: 4,863
Re: Buy car in Canada with US dollar

The canadian dollar has been creeping higher and higher in value(compared with the US$) in the last couple of years, so your US$ do not go as far as they used to.
That being said, lots of used car prices vary quite a bit by region.
I woudl say shop around and compare.

That being said, be careful. There are lots of Canadian spec cars that do not meet the US emissions or safety regulations,
(which is one of the reasons why the Smart cars are being sold in Canada now, but the US version has not appeared yet. )

You may have difficulty licencing your Canadian spec car in the US.
__________________
Quote:
Originally Posted by Gohan Ryu
You're screwed. Back up your porn and reinstall Windows.


"We' re all here because we're not quite all there."
MagicRat is offline   Reply With Quote
Old 04-11-2005, 06:00 AM   #3
sirsmiley
AF Regular
 
Join Date: Oct 2004
Posts: 171
Re: Buy car in Canada with US dollar

youre serious? a 3 cylinder hunk of junk smart car (yes someone at work has one, i think theyre all computers and suck for anything but big city driving)

cant even pass an emissions test? my kawasaki ninja has more horsepower than that thing i bet....

seriously though just hold onto your cash if you know youre gonna buy a new car, just wait for some good promo offers and when the canadian dollar drops a crapload go transfer it, however you lose quite a bit of money in transferring funds do you not? like 1-2%...so might be as good to go buy in the USA, plate it and register it and bring it back to canada for a bit and use it here then just drive it back to the US and keep on usin it
sirsmiley is offline   Reply With Quote
 
AF Assistant
 

These Ads Open in New Window
 
Reply

Automotive Forums > Car Buying Q & A - Buy car in Canada with US dollar
User Name
Password

Car Buying Q & A Ask a question, get an answer; it's that simple. Visit AutomotiveHelper.com for useful car buying tools and research.



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off

All times are GMT -5. The time now is 08:45 PM.

Google  
Web AF
Community Participation Guidelines | How to use your User Control Panel

Powered by: vBulletin | Copyright Jelsoft Enterprises Ltd.
© 2000-2008 AutomotiveForums.com | Privacy Statement