Quote from: Snowman on November 27, 2007, 10:41:38 amIt was not long ago the opposite was true and Americans were buying car across the border because of or dollar AND WE WERE PAYING LESS for vehicle than they were. Now we have gone 180 degrees and the opposite is true but vehicle pricing are not determined and traded on daily securities markets.Manufactures have budgets and forecast to adhere to and will make changes as part of a long range strategy, not spot car pricing on the stock exchange. People need to be patient as things will adjust over time and not start crying that they are victims of corporate greed. If you can’t afford that fancy thing then perhaps you should look at budget priorities.You're talking to an economics major. I'm more than well aware that retail prices are not set in lock-step with the dollar, and indeed, are not necessarily priced according to exchange rate at all. I've argued that point on this forum many times in the past.But as 2late points out, the Canadian dollar has been appreciating steadily for five years, and car price disparity is still in the tens of thousands of dollars. What's more, car companies have not said "it takes time for prices to adjust", they've said "we offer better financing/lease rates/incentives in Canada". In short, they've lied to us.Why should any of us support a corporation that wantonly lies to its customers? That kind of activity will only encourage more lying. As for supporting the local economy: in order to buy a car in the USA, one needs to sell Canadian currency and buy US dollars. Those Canadian dollars are only useful in Canada, and are injected back into the Canadian economy somewhere - namely, to buy our exports.Yes, you're hurting the local dealer... but as you hear day in and day out on this forum, dealers do not make the majority of their money on new cars, but on service. That service is still going to contribute to the local economy.Finally - if enough people buy in the USA, retail prices in Canada will drop. Lower prices means an increase in consumption and/or saving (basically, lower prices mean more real wealth), which contributes to economic growth.
It was not long ago the opposite was true and Americans were buying car across the border because of or dollar AND WE WERE PAYING LESS for vehicle than they were. Now we have gone 180 degrees and the opposite is true but vehicle pricing are not determined and traded on daily securities markets.Manufactures have budgets and forecast to adhere to and will make changes as part of a long range strategy, not spot car pricing on the stock exchange. People need to be patient as things will adjust over time and not start crying that they are victims of corporate greed. If you can’t afford that fancy thing then perhaps you should look at budget priorities.
Well I’m an economics miner
Damn, you beat me to it!
Quote from: AVToller on November 27, 2007, 08:35:35 pmDamn, you beat me to it! I know! And mine's even wittier! Neener, neener, neener...
This is our tax dollars at work
