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PORSCHE CANADA ANNOUNCES CANADIAN CURRENCY CREDITS

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Old 04-07-2010 | 03:30 PM
  #16  
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Originally Posted by NinetyOneC2
PORSCHE CANADA ANNOUNCES CANADIAN CURRENCY CREDITS


Model Canadian Currency Credit (for April 2010 deliveries)
Boxster models $4,000
Cayman models $4,500
911 models $6,000 - $9,000
Cayenne models $2,500 - $8,000
Panamera models $5,000 - $10,500



“Available across the entire Porsche range through participating dealers, Canadian Currency Credits act as an effective price adjustment during this time when the Canadian dollar is close to US-dollar parity. They are available even on virtually sold-out models like the new 911 GT3 RS,” added Lawrence. “Customers are encouraged to contact their local Porsche dealership for the latest information.”
###
Bob, looks like your $6k rebate on the new RS just got a nice up-tick!!
A top end priced 911 shouldn't be at the very bottom end of the 911 "currency correction" rebate scale.


Old 04-07-2010 | 04:41 PM
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Originally Posted by Bob Rouleau
T-Worker, increasing the prime lending rate should increase demand for Canadian dollars which would drive our dollar higher than it is now. Good for commodity exports but bad for manufacturing and certainly retail as Canadians would find US prices even more attractive.

I think copper, nickel and oil are driving the value of our dollar right now! If the central bank rate goes up as they are saying in July (or earlier) the current Government is going to have to pick sides in this 'new' economy.
Old 04-07-2010 | 05:33 PM
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As an ex senior economist with the feds, I gotta agree with you on most counts TO Worker. However regarding interest rates, the C$ is not really a currency anyone wants so they have to be paid to buy and hold it beyond what is required for regular commercial needs. As the US$ recovers, the C$ will decline......Hey, try and explain why a copy of "Porsche 993 The Essential Companion" is anywhere from $109 to $170 in Canada, if you can get it, and easily sourced in the US for $68.
Old 04-07-2010 | 05:36 PM
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oops.....that's as US interest rates increase relative to Canadian rates, the US$ will recover.......
Old 04-07-2010 | 07:58 PM
  #20  
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Originally Posted by NinetyOneC2
Well your car looks great if that's any consolation;-)
Thank you. It is.
Old 04-07-2010 | 08:35 PM
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Originally Posted by 1990964C4
Thank you. It is.

Your car is beautiful - Me it was & $7,500.00 glove box money from Audi on my RS4 purchase 30 days after I took delivery yet but I am in line on my TT settlement tomorrow for this program - net sum...almost zero so don't worry you'll make it back on the next one....the net sum is always "0"...
Old 04-07-2010 | 11:25 PM
  #22  
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Originally Posted by ronnie993tt
.Hey, try and explain why a copy of "Porsche 993 The Essential Companion" is anywhere from $109 to $170 in Canada, if you can get it, and easily sourced in the US for $68.
Ronnie: Here's my story on that one. So I wanted the equivalent book to yours - the 996 Essential Companion by Adrian. I find two copies down at the Worlds Biggest Bookstore (Coles) on Edward Street (a Heather Ries'mean' operation funded by Suger Daddy Onex Corp!!!) and they want $109. I say, Whoa to the clerk.

'How come I can buy it online at Chapters.ca CHEAPER then here'? I said 'this is stupid - you should be matching your online prices - after all it's a sister company'.

'Oh no' she replies, the're independent'.

I said 'no they are not - they may be a separate division, but they are owned by your parent company'.

Then the real truth comes out.

Well she says - 'they have to match prices with Amazon.ca'.

'Oh, so you don't want to match prices with Barnes and Noble or any other bookstore in Buffalo'?

Big pause....

'well we have protection at the border for book dumping'.

I said 'no one is dumping this book - it's listed as $99.95US right here on the cover and if someone wants to sell it cheaper in the US - that's hardly dumping - it's called a competitive economy'.

Well for the next 10 minutes we have people gathering around us as the two of us word wrestle around why I think her boss would have done quite well back in the day helping Stalin implementing more of his failing 5 year Soviet wheat harvest plans and she suggests that I would do quite well ripping off power customers and shareholders at Enron!

It was a pretty funny few minutes dueling with an U of T economics's student (she informed me) slumming her way (my take) through school working for minimum wage and all the customers she can pizz off. I had way too much time on a Saturday afternoon!!!

Chapters Stores $109.00

Chapters.ca $71.94

Amazon.ca $68.34

Barnes & Noble $67.46

The Canadian retailers want us to swallow the 'cost of being Canadian' hook line and sinker. The problem is that they are trapped by the internet (and the world) into sort of competing - although they still get an extra few bucks mark up. So bottom line is that we are fools shopping in bricks and morter operations up here until they lower their prices and the car industry here isn't much better.
Old 04-08-2010 | 01:57 AM
  #23  
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Just signed the paper work on my new 2011 GT3 and there was a $6000 Cash credit. But the base price went from $138100 for the 2010 to $142600 for the 2011, were still getting F@$ked in my book
Old 04-08-2010 | 10:32 AM
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Originally Posted by Polarporsche
Just signed the paper work on my new 2011 GT3 and there was a $6000 Cash credit. But the base price went from $138100 for the 2010 to $142600 for the 2011, were still getting F@$ked in my book
So at the end of the day you got saved $1500?

Also 2011 models have usb and bluetooth standard right? Still doesn't constitute the markup.
Old 04-08-2010 | 12:01 PM
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Originally Posted by Polarporsche
Just signed the paper work on my new 2011 GT3 and there was a $6000 Cash credit. But the base price went from $138100 for the 2010 to $142600 for the 2011, were still getting F@$ked in my book
Congrats on the newest "incoming"!!

... sounds like Porsche studies smoke n' mirrors accounting at the same school as Hollywood movie studios....

Old 04-08-2010 | 01:30 PM
  #26  
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curiously the c2 and c2s prices for 2011 are lower and include more standard options. i'm surprised the GT3 went up.
Old 04-08-2010 | 03:26 PM
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Hilarious TO worker. It is only dumping if they sell it here CHEAPER than there! As a dyed in the wool capitalist, I say screw 'em. I holiday every year in the Cape and rent an apartment from a Porche guy. I'll order and have them delivered there. I'm going to put a thread up taking orders at US cost!




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