You are here:
Forums
Smart Shopper
Importing Canadian Vehicles to the U.S.

391 messages, Last post on Dec 07, 2008 at 6:29 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
|
Replying to: rroyce10 (Feb 21, 2003 5:17 am) I live in the metropolitan Rochester, NY area, which isn't all that far from the Canadian border. On many occasions, I've seen dealers here selling cars that originated in Canada. I was never aware that there were two pricing structures. I realize that there are exchange rates to deal with, etc; but why two prices? |
|
|
Replying to: rroyce10 (Feb 21, 2003 5:17 am) |
|
|
|
|
Replying to: rroyce10 (Feb 21, 2003 5:17 am) This sort of stuff is not limited to cars, it happens on lots of products. I am in a different field, and our products are priced differently all over the world. You charge what the economy can support. We have also recently been stung by false distributors setting up shop in second and third world countries, buying our product at the prevailing rate, and reselling them into the US at full price. |
|
|
|
|
Replying to: rroyce10 (Feb 21, 2003 5:17 am) |
|
|
|
|
Replying to: rroyce10 (Feb 21, 2003 5:17 am) |
|
|
Replying to: rroyce10 (Feb 21, 2003 5:17 am) Chrysler has just fined 10 of their biggest dealers in Canada for bringing them across the border. Ford will stand behind their vehicles 110% --- So we will see what happens next month... l.o.l... Terry. |
|
|
Replying to: rroyce10 (Feb 21, 2003 5:17 am) Best Regards, Shipo |
|
|
|
|
Replying to: rroyce10 (Feb 21, 2003 5:17 am) "What do the license plates on the Unit say?" Bill |
|
|
|
|
Replying to: rroyce10 (Feb 21, 2003 5:17 am) I suspect the difference wouldn't be enough for the hassle at that point. TB |
|
|
Replying to: rroyce10 (Feb 21, 2003 5:17 am) "Dealer's Edge November 4, 2002 Vol. 8, No. 41 439 Words Page 6 ------------------------------------------------- Odometer fraud follows increase in vehicle imports from Canada Fewer miles on a vehicle mean dealers can increase the sale prices by thousands of dollars. DealersEdge has reported several times (DE 2/11/02, 4/29/02, 7/22/02, 8/12/02) on the gray market trade for used vehicles between Canada and the U.S. No wonder. The temptation is great. Favorable exchange rates make vehicles brought in from Canada and sold in the U. S. extremely profitable. So far, so good. But a disturbing trend, odometer tampering, has begun to emerge as an unwelcome angle to this business. According to a report in the Seattle Times, law enforcement officers broke up an organized ring of Canadian and Spokane-area car dealers accused of fixing odometers at falsely low settings, allowing them to inflate car prices and bilk buyers out of as much as $1 million in all. Authorities say it is a growing problem from Washington State to Maine. Before Canadian vehicles can be sold in the U.S., their speedometers and odometers must be converted from kilometers to miles. This creates an opportunity for shady dealers to roll a few thousand miles off the vehicle in the process, and then increase its sale price by thousands of dollars. Seven people in Canada and the United States were indicted by a federal grand jury in Spokane for rolling back the odometers on 122 used vehicles from Canada that were then sold in eastern Washington state. Most of the vehicles were expensive trucks and sport-utility vehicles, and some had up to 50,000 miles taken off the odometer. Estimates are that an additional profit of 10 cents for each mile that is rolled back, or $5,000 on 50,000 miles. Role of NAFTA The North American Free Trade Agreement has produced a huge increase in the volume of cross-border car sales. In 1996, only 2,500 used vehicles were brought into the U. S. from Canada. So far this year, the total is about 350,000, according to published reports. But the U.S. Department of Transportation has only four agents dedicated to odometer fraud in the entire country, and no one is assigned to look specifically at vehicles from Canada. No comprehensive study of the problem has been conducted, but the NHTSA has about 10 investigations in progress. Still, dealers insist the vast majority of vehicles from Canada have honest odometer readings. At Dealer Auto Auction Northwest in Spokane, where about 10 percent to 20 percent of the cars sold come from Canada, co-owner Greg Mahugh said his business had already detected problems with some cars before the federal government announced the indictments. His company had already stopped working with the people who were charged, he said. Nationally, the federal government estimates more than 450,000 people every year buy used vehicles with mileage gauges rolled back." Enjoy and please feel free to use the following discussion to talk specifically about this article or about Gray Market imports in general. Car_man Host Smart Shoppers / FWI Message Boards |
|
You are here:
Forums
Smart Shopper
Importing Canadian Vehicles to the U.S.
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle


Browse by Board
Browse by Topic
Today's Chats