posted 10-02-2003 01:51 AM                  

http://www.canadiandriver.com/testdrives/00prowler.htm

posted 10-02-2003 07:42 AM                    

quote:

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Originally posted by CTProwler:
Glad i didn't pay $61000!!

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That's $61K Canadian!!!!! (back in 2000)

61,000.00 Canada Dollars = 45,188.55 USD

In todays market....

posted 10-02-2003 07:48 AM                  

thank you

posted 10-02-2003 09:06 AM                  

The US dollar has weakened substantially this year against all world currencies.

And in Canada, used Prowlers are still selling close to $55,000 Canadian (now translates to $40,000 US).

So in US DOLLARS, us Canuck owners have been driving for free - no depreciation (not that this means much to us). While American cars were $45,000-ish new and seem to be selling for $30,000 or so.

And you thought currencies didn't mean anything to you!!!!

posted 10-02-2003 12:27 PM                    

quote:

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Originally posted by Wayne Finch:
At the time, the $61,000 Canadian translated to $38,000 US. As you can see we got quite the deal.

The US dollar has weakened substantially this year against all world currencies.

And in Canada, used Prowlers are still selling close to $55,000 Canadian (now translates to $40,000 US).

So in [B]US DOLLARS, us Canuck owners have been driving for free - no depreciation (not that this means much to us). While American cars were $45,000-ish new and seem to be selling for $30,000 or so.

[/B]

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Your analogy only holds true if an American bought a Canadian Prowler (back then with strong US dollaar) and decides to sell it back in Canada now (with weaker dollar).

Canadian buy and sell shows depreciation
As does American buy and sell

I also suspect there are import/export duties that might even make the buy in Canada and then sell back to Canada scenario not too rosey either.

posted 10-02-2003 02:19 PM                  

For your FYI, I do however, value a significant portion of my assets in US dollars and the recent currency moves have made everything I import from the US about 17% cheaper than it was a year ago. Now we are talking about price deflation but we won't get into that.

posted 10-02-2003 03:18 PM                    

quote:

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Originally posted by Wayne Finch:
YF - as I stated, this only works for Canadians if they calculate things in US dollars and obviously almost no one does. And I also stated that calculating in US dollars doesn't mean much for us - or at least most of us. I was just making a point on currency.

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I see your point and agree but, wouldn't it have also worked for an American buying a Canadian Prowler back in 2000 and now selling it back (for a Canadian price) to someone in Canada?

There may be tarrifs or taxes that would make this unreal. I seem to remember taxes and fees being the main reason I didn't import a used Ferrari from some dealer there a few years back. The price was good but, when I calculated in all the other stuff.... Perhaps that has changed though.

Prices and cars aside, we love Canada and ski there all the time. Absolutely gorgeous!!!!!!!

posted 10-03-2003 06:39 PM                  

Thanks for the sharing a Prowler article that puts a fresh look on established information.

I was somewhat surprised with the 20 MPG city and the 30 MPG statement on the spec sheet?

posted 10-03-2003 11:10 PM                  

Not mine. I got the same switches as my 95 Ram