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17 messages, Last post on Sep 29, 2008 at 6:50 PM
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I've been following the inventory of several local dealerships recently. What I'm seeing is cars are not selling at anywhere near the rate that I expected. Camry Hybrid and Prius sitting for several months now (since November) on local lots and a local dealer offering "only 5" Honda Civic Hybrids with "special" financing deals. Does anybody have a good feel for how well hybrids are actually selling in Canada?
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According to this article, Toyota sold approximately 5,873 hybrids in Canada in 2006, and increase from about 2,300 in 2005: Toyota sales in Canada in 2006 So compared to the USA sales, Canada is indeed lagging FAR behind. "Who needs a Hybrid, Eh Hoser?" |
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Replying to: grandtotal (Jan 19, 2007 1:25 pm) Toyota dealers are not known for cutting prices, if that's what you're looking for. Toyota City in Wetaskiwin Alberta will deal however. I suspect you could get a package "B" Prius for $2000 to $2500 below sticker there. There's a dealer just a few blocks from me, and they don't bother stocking Prius during the winter. They usually only have one or two. They get several each spring to bring their stock up. |
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Replying to: pathstar1 (Jan 20, 2007 9:27 am) It was interesting to compare sales in the US with sales in Canada. In particular the Camry seems to be selling at something approaching 10% of the US rate in Canada, but the Prius, Highlander and RX400h all seem to be selling at a much slower rate than you might expect given the relative size of the two markets. I put this down to the fact that they are all sold at a premium to the US price in Canada, and so are less attractive to Canadians with less disposable income and more reluctance to take on debt to finance a car. The one notable exception is the GS450h which seems to be selling at a rate much greater than you would expect in Canada. I'd be surprised if you could buy a Prius B for $2000-2500 off MSRP because the dealer margin is only $2492, but you never know. |
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Replying to: grandtotal (Jan 20, 2007 9:49 am) The GS450h sales are understandable. At those prices, the buyers don't consider the price so much. They have enough money to get what they want regardless. That car is first off, an image car ("see, I'm environmentally reponsible, I'm driving a hybrid" Yes, if you travelled to the US and purchased a Prius, paid cash (or whatever), took it to the boarder, paid -all- duties and taxes, including Canadian GST, AND paid a Canadian Toyota dealer service dept. to add DRLs (the only thing that has to be done), you would still save at least $8000 Can, probably closer to $11,000 Can. A friend of mine and I have done the math and the research to see if we could buy one that way. The fatcats at Toyota Canada are ripping us off.
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Replying to: pathstar1 (Jan 20, 2007 2:33 pm) What you end up getting is more car for virtually the same price. USA - 2007 Touring Package #2 including exchange, duties and taxes. (~32k Can) CAN - 2007 Prius - no package added (~33k) I was quoted a 2007 package #5 for 37580 including GST. |
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Replying to: grandtotal (Jan 19, 2007 1:25 pm)
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Replying to: mikeva (Aug 21, 2008 7:02 am) |
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