Reason for Buying American Cars in a Recession
Reason for Buying American Cars in a Recession
With the down turn in a global recession and the American economy going down the tank, prices for used cars in the United States have never been cheaper. Importing American Cars to Canada can be a little daunting with all the importation Customs paper work and shipping logistics involved. But this can be all worth your while when you see how much money you save.
Even with the Canadian dollar at 85 cents U.S. you can save about 20% of what you would’ve paid for a used automobile in Canada even after you calculate the dollar exchange and shipping cost into the total cost of vehicle. The biggest savings are on mid range to high end cars; it’s really unbelievable the difference in prices. American Used Cars are thousands of dollars cheaper, it just show you how Canadians have been getting ripped off by Canadian car dealerships.
Americans are losing their jobs at a record pace. With the credit crisis and the mortgage melt down disaster still evolving, the last thing Americans are thinking of doing is buying a car. American car dealerships are dropping their prices drastically each and every month to try and entice Americans to start buying cars. U.S. car dealerships are throwing everything but the Kitchen sink to make something work.
Also you have to take into the equation the car industry in America, it’s in a very bleak situation, and American car Dealerships are closing up and going out of business at a record pace. This makes it even better for a Canadian to get a better deal done with an American used car dealership than you would in Canada. If you’re thinking of buying a vehicle in the United States just remember when browsing different auto websites the price that is listed with the vehicle on the internet can be in most cases negotiated down as much as 00u.s..
If you’re really contemplating buying a used car from the States you’re going to have go to the “Register of imported vehicles” you use this to find out what modifications the vehicle will need when its landed in Canada. Also you’re going to want to find out the history of the vehicle, this can be done by using carchex.com and they will tell you the complete history of the vehicle. You will also need a customs broker to handle your shipping needs. But if you’re like me there are some reputable companies in Canada that you can find online and I suggest you shop around first to see what there fee’s are and if it fits your budget, let them handle the shipping, title clearance (ownership), U.S. custom paper work, Canadian customs paper, Car history check, emissions test and the negotiating with the U.S car dealership on your behalf to get you the best deal done.
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