Class-action lawsuit: Canadian vs US car prices

JCL · #1 09-28-2007, 05:23 PM

I am in the 'be careful what you wish for' club. Best quote from the article:

Quote:

Auto industry analyst Dennis DesRosiers warned that Canadian car buyers should be careful what they wish for because they might get it if the suit succeeds.

For nine of the past 11 years, Canadians have enjoyed a price advantage of $5,000 to $8,000 versus Americans and a legal precedent linking prices in the two countries would mean that when the dollar falls back, consumers in this country will face higher prices, said Mr. DesRosiers, president of DesRosiers Automotive Consultants Inc. in Richmond Hill, Ont.

There are ups, and downs. I looked at Porsche's US/Canadian price differentials, and decided not to further consider a Porsche a few years back. IMO that is the most effective control, voting with your feet as you walk or run away from a deal. Porsche isn't responding to the lawsuit, they are responding to dropping sales.