Quote:
plz said:
Quote:
Silver Bullet said:
The other issue to factor in regarding cross border buying is that the local (Canadian) resale value of American cars that are brought to Canada is lower - these cars lose value in Canada more quickly.



SB, can you cite a source for this information? I've never heard of it myself.

Do you mean is that if a previously imported car is being re-sold in Canada, its price would be lower than an identically equipped "pure" Cdn car (in identical condition, same mileage, etc.)?

That would not surprise me as the original price of the previously imported car was lower to begin with. ie. The importer paid less when originally importing the car. So the net depreciation to the original importer is the same as the net depreciation to the owner of the pure Cdn car.

Or do you mean something else?




I wasn't that clear in my post, but I meant exactly what you wrote. I don't have any info that says that they lose value more quickly, though it is plausible, since a US car would be somewhat less desirable here.

I think the main point is not to bring the cars back and expect to sell them here at CDN prices . . .