I do not have a real breakdown of expenses, costs. Looks like I discarded after I calculated my net savings. But here is what I got and paid. We got a Ltd with Nav package, running boards, mud guards, cross boards and mats. I paid 38500 out the door. Add to that GST, PST, duty, fees, travel expenses, RIV fee etc and the car ended up costing me 46500. Assuming I could get $3000 off the already reduced MSRP here, the same car would have cost me about 56500.
The more expensive car you get, the more you save. At that time I compared the price of an SR5 to a comparable equipped US car and I found that it would have cost me about 7K less. What you have to take into consideration is, you are paying GST+PST on the difference + PDI is twice expensive here. Also it is hard to believe but even though the interest rate is higher when you arrange financing here by yourself, you end up paying more for the interest cost, as the starting cost is higher (That did not figure in my calculations though). You have to compare OTD price. That is your real savings.
When I was looking I went to 3 different dealerships in Canada. The best
they did for me was 42700 OTD (for an Sr5) if I trade in my Camry for $1000 (I ended up selling it for 1800) , that was when the $4000 rebate was on. The last two dealership, although I offered them about 1-2K more than what the car would have cost me in US, they did not even counter offer me.
What option packages you get is a very personal opinion. For us Leather, Nav, power rear door, JBL stereo was very important. We would not been able to get that here in Canada. By the way, Nav is a lot more than a GPS, it upgrades your stereo, brings in a trip computer, a huge rear camera display and a very large map screen. It makes traveling a joy.
Toyota Canada's attitude makes me so mad, I don't know whether I will buy Canadian if they match prices now
