Why Is There Still A Price Difference Between US & Canadian Cars?

Question

I live in Canada and I was looking at getting a Honda Accord EX-V6. In the US the car costs around $26,000, but in Canada it costs a little over $31,000.

I know in the past companies would say that the US-Canadian exchange rate lead to a price differences between the two countries, but with the exchange rates now being almost on par with each other why is there such a gap?

Answer 1

That is odd--my brother used to buy registered current year Dodge Intrepid at a fraction of what the auction cars were costing. The only hitch they were Chrysler Intrepid and they were on average about 1100 dollars cheaper than the Dodge counterpart--you just had to get used to the Harley wings on an Intrepid. I put my wife in one and she still has it.

Answer 2

Its called import duty, tarrifs and taxes.  Canadian import tarrifs are VERY high.

thats how you get your "free" health care though.

Answer 3

I know that Canada has some extra requirements for auto makers which will add to the cost plus shipping will be higher.

Answer 4

Everything is more expensive in Canada than in the USA. Somebody told me that a pack of cigarettes is $11 in Canada. That's about twice what they are here.