Does it matter? cause importing the vehicles will also flood the used car markets and can also drop the resale values. So it's a lose-lose situation for resale. However, Toyotas do tend to keep their value high even in situations like this. The only thing is that when you sell a US car, you can get top dollar for it cause you'll be selling it in Canadian used car prices.
Not true. US cars generally have a lower resale value in Vancouver.
Even this time last year ($0.90 dollar?), a local TN member brought an xB over from NY and saved something like $6,000 after everything was done.
If my 05 rolla has a ~ $8500 buy-out at the end of the 4yr lease, and the dollar is still around par and the new car prices are closer together, will Toyota take that into account and drop the buy-out accordingly?
How can you save $6000 on a car that isn't sold by Toyota in Canada?
And no Toyota will not adjust your buy-out. You're going to pay the $8500 +tax. That's part of the problem. When Toyota drops the prices they'll have Hell to pay for a long long time with previous guests. The only way around this is some kind of credit system towards a new purchase. ie I come in with my 05 Corolla that I paid 18,800 for and now sells for 17,500. My car isn't worth the buyout cause used prices dropped accordingly. Hopefully Toyota will give you a grand to buy a new car or something. This doesn't even take into account those who purchase a vehicle right before the price drop.
Compared to what the dealers are selling here? dealers have imported xAs and xBs and they're selling them USED for Cdn$25k.
So you're saving on a car that has been imported at someone elses expense and they want to make money on it. What do you expect. You're not going to go to the states and buy a similarly priced corolla ce (which is what a Scion goes for) and save $6000. Scion is a specialty product whose scarcity in Canada has pushed the price up. You can't complain that dealers are marking up Scions too much. They are what they sell for. (the most expensive Xb in Ontario is 23k and most priced well below that) Toyota needs to worry about the prices of cars that it already sells locally, not the prices of imported cars that don't exist here. If anything the prices of Scions helps Toyota dealers justify the prices for their product. ("Gee a Scion xA is 20k I can get a Yaris for a few thousand less on the same platform..")
So you're saving on a car that has been imported at someone elses expense and they want to make money on it. What do you expect. You're not going to go to the states and buy a similarly priced corolla ce (which is what a Scion goes for) and save $6000. Scion is a specialty product whose scarcity in Canada has pushed the price up. You can't complain that dealers are marking up Scions too much. They are what they sell for. (the most expensive Xb in Ontario is 23k and most priced well below that) Toyota needs to worry about the prices of cars that it already sells locally, not the prices of imported cars that don't exist here. If anything the prices of Scions helps Toyota dealers justify the prices for their product. ("Gee a Scion xA is 20k I can get a Yaris for a few thousand less on the same platform..")
Well you're luckier in Ontario. ALL of our xA/xBs have been $25k or higher. tCs are going for $27k.
Paying a broker to import it for you is even cheaper lol.
Oh and btw, that tC is still sitting on the lot and I have no idea what happened to the xA/xBs cause I don't see any xAs around and all the xBs I've seen are not silver (which was the used one they were selling).
So it's fairly safe to say, people would rather import it themselves (personally or through a broker) than buy from a dealer here.
__________________
2010 Prius Technology Package (Cdn)
OEM Cargo Mat, OEM All-Weather Mat, LED ext/int lights, 5000K HID, OEM Fogs, Euro Mudguards
Well you're luckier in Ontario. ALL of our xA/xBs have been $25k or higher. tCs are going for $27k.
Paying a broker to import it for you is even cheaper lol.
Oh and btw, that tC is still sitting on the lot and I have no idea what happened to the xA/xBs cause I don't see any xAs around and all the xBs I've seen are not silver (which was the used one they were selling).
So it's fairly safe to say, people would rather import it themselves (personally or through a broker) than buy from a dealer here.
I need some guidance how do you get a broker? I'm looking at purchasing a 2007 used tacoma 4x4 4 cylinder.
dang, I had it saved somewhere but search the Canadian websites (Auto123.com and CanadianDriver). Or you can look up the yellow pages I suppose (I know.. old school lol).
Basically a broker is a company that imports vehicles. Not all will do it for you esp. since they prefer to import luxury and sports cars cause there's a greater demand (because of a greater price difference) and that they can charge more.
__________________
2010 Prius Technology Package (Cdn)
OEM Cargo Mat, OEM All-Weather Mat, LED ext/int lights, 5000K HID, OEM Fogs, Euro Mudguards
The AutoGuide.com network consists of the largest network of enthusiast-owned enthusiast-operated automotive communities.
AutoGuide.com provides the latest car reviews, auto show coverage, new car prices, and automotive news. The AutoGuide network operates more than 100 automotive forums where our users consult peers for shopping information and advice, and share opinions as a community.
ToyotaNation.com is an independent Toyota/Lexus enthusiast website. ToyotaNation.com is not sponsored by or in any way affiliated with Toyota Motor Sales, USA, Inc. The Toyota, Lexus and Scion names and logos are trademarks owned by Toyota Motor Sales, USA, Inc.