Excerpt from: Car Loans Canada -- Getting a Good Loan
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| September 21, 2007 | | With the high US dollar, it might be a great time to buy a US import! | As of yesterday, the dollar rose above purchasing power parity (meaning the US and CAN dollar are equal) for the first time since 1976! Canadian car dealers close to the US border are certainly feeling the pinch. As a result, the average new vehicle is 25% less expensive in the US. A used vehicle, 30%+ and a used luxury could be as high as 40% cheaper. This is especially true of highend vehicle like Porsche or BMW. If your looking for a great payment on a vehicle that you couldn't otherwise get your hands on, now's the time to buy! Car Loans Canada's network of lenders deal in vehicle imported from the US. So if your looking to save some money but not skimp on features, it is the time to apply! | | |
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