You are hereShould I buy a car in the US?

Should I buy a car in the US?


By smithdm3 - Posted on 21 June 2006

Well, I'm not quite ready to buy a new car... but I hope to do so next year. And I'm wondering if the Canadian dollar stays high and prices in Canada don't decline whether I should buy a car in the US and import it. Prices haven't declined in Canada as the dollar has risen against the US greenback, and as this Star article illustrates, you can get a better deal in the US. The average difference is actually 17%!

Pros:

  • Lower overall price - can be quite a difference, depends on model, and Cdn dollar.

Cons:

  • Manufacturers warranty may not be honoured - can sometimes purchase replacement warranties that would still be cheaper

  • Complexity with going through process of importing (process is outlined here)
  • Upgrades required to bring car to Canadian standards (e.g., daytime running lights)

    Anyway, I don't know whether I'll buy new or used, but when I do, I'll have to look at buying a car in the US.

  • Tags

    You shouldn't.

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