Moderated Discussion Areas
ContinuousWave: Whaler Performance
|Author||Topic: Canada O.B's|
posted 03-11-2001 02:04 AM ET (US)
I have a friend who purchased his new power in Canada.He stated that the Gov't gives marine products a break. The "Trading Post" at the Canadian Soo does quite abit of business with Yanks. No duty,supposedly lower prices ,I am told add up to very worthwhile savings. They escort you to Customs and handle the paper work. My nonscientific check,backed the savings on the small engines I compared.Some of the more fastidious near Border shoppers might want to see if any of this floats.
posted 03-11-2001 02:00 PM ET (US)
Yes, I live 20mins. from Canada and most marina's are offering premium exchange rates to American shoppers. I stopped and talked to a Merc dealer in Ontario and he said that 80% of all engines sold in the last year were to U.S. buyers. For example if you were to buy a Merc engine for $10,000 canadian, that would cost you $6,450 in U.S. funds,(at current exchange rate of $1 U.S. buys $1.55 canadian. It used to be you had to pay an additional provincial tax of around 7% and then an additional 8% GST. Now, with marine products, dealers have special forms to bypass both taxes so you only pay the purchase price, you don't pay anything additional at customs. The only drawback is that you need to see how this may effect warranties by the manufacturer, although Mercury apparently will warranty all engines no matter where they were purchased. I personally would rather buy local when at all possible, it's good to keep business stateside and you never know when you'll need the help of your local dealer with your engine(s). It is only fair to note that the Canadians spend a LOT of their money in the U.S. even in times like this when the Canadian dollar is weak, I know, I see a lot of Canadian license plates in the mall parking lot every weekend.
posted 03-11-2001 11:02 PM ET (US)
I don't have a firm basis for this, but I have heard that among other things, the price of outboards is a bit lower in Canada than in the States because the price is adjusted for the market.
Manufacturers have chosen a price point in Canada that positions the outboards a bit cheaper than they are in the US, even allowing for the exchange rate, etc., because they would otherwise just be too expensive in the Canadian market.
Ontario is just 5-minutes away from my workplace, and I may have to take a drive over and scout the market. In particular, I am looking for a good Yamaha dealer/service agency. The Yamaha dealer network seems a bit stronger in Ontario than in SE Michigan.
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