Quote:
thuggy said:
Isn't it more to do with appreciating Canadian Dollar versus Euro? Porsche is a German company, not American.
It's not about the value of the canadian dollar, it really hasn't appreciate that much but the US dollar has been dropping like a stone.
Last year when I bought my Turbo, it cost me CAD187k which with the exchange rate at that time converts to about US135k.
We are paying what amounts to an extra Boxster when compared to the US buyers, we also get a MUCH tighter supply of cars while the US was being oversupplied. With the close proximity and much cheaper price, you can guess where a lot of the US cars ended up. Quite a number of these cross-border purchase were above US msrp, with the so called 'market adjustment'. Even with the 'market adjustment' and the duties, it's still cheaper than canadian msrp.
This year the US dollar dropped even further and it's now at or almost at par with the canadian dollar, if Porsche don't adjust the canadian msrp, it will screw up the US retail even more.
Porsche decides it's best to screw with the 07 canadian cstomers instead of the 08 US customers, hence no price increase for the US market while cutting the canadian msrp, we are the minority afterall.
I was kinda upset initially about the price cut but after thinkig thoroughly, i only lost a bit over 1k a month but the car is so good that I think it's still worth it if it had cost me 2k a month, I had already driven my car for a year already while others are still waiting for theirs.